According to MarketsAndMarkets, research report "High Temperature Plastics Market by Type (Fluoropolymers, Polyphenylene Sulphide, Polysulfones, Polyimides and Others), by End-Use industries (Transportation, Electrical & Electronic, Industrial, Medical, and Others) - Global Trends & Forecast to 2019" the high temperature plastics market is projected to grow from $ 9,005.65 million in 2014 to $13,317.95 million by 2019, with a CAGR of 6.8% between 2014 and 2019. It also explains the driving and restraining factors of the global high temperature plastics market with an analysis of trends, opportunities, and challenges.

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The major drivers contributing towards the growth of HTP market are:

Rising demand in automotive & aerospace industry
Replacement of conventional materials
Improved economic conditions
On the basis of applications: The high temperature plastics market is further segmented into sub categories as follows:

Transportation
Electrical & Electronics
Industrial
Medical, and
Others
On the basis of types: The high temperature plastics market is further segmented into sub categories as follows:

Fluoropolymers
Polyphenylene Sulfide
PolySulfone
Polyimides, and
Others
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On the basis of region: The global HTP market is segmented into four regions; North America, Europe, Asia-Pacific, and Rest of the World.

High temperature plastics are growing to play an important role in the transportation industry. In this industry, there is a growing demand for high-performance and lightweight materials. To meet this demand, high temperature plastics are being used to produce various interior, exterior as well as under-the-hood components. This demand is further boosted by implementation of stringent environmental regulation in regions like Europe and North America.

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