Market Overview:
The global heat resistant plastics market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for heat resistant plastics in transportation, electrical & electronics, industrial and medical applications. Fluoropolymers are expected to be the fastest growing segment of the global heat resistant plastics market during the forecast period. Polyphenylene sulfide is also expected to witness high growth rates in terms of volume during the forecast period.
Product Definition:
Heat resistant plastics are those that have been designed to withstand high temperatures without melting or warping. They are often used in products that require exposure to heat, such as cookware, oven mitts, and hot plates.
Fluoropolymers:
Fluoropolymers are a group of synthetic organic compounds that contain only carbon and fluorine. Fluorine is in the interior of the molecule, so all fluorspar (fluorspar-based) minerals are composed of this chemical. Fluoropolymer properties depend on its type; there are different types depending on their structures such as linear or branched chain, etc.
Polyphenylene Sulfide:
Polyphenylene sulfide (PPS) is a synthetic thermosetting polymer with high thermal stability. It has applications in various industries including electrical & electronics, automotive, and construction. PPS offers excellent mechanical properties at low cost which makes it suitable for use in the manufacturing of structural plastics as well as insulation materials for power generation equipment and other industrial processes that require heat resistant plastics.
The global heat resistant plastic market size was valued at USD 19 billion in 2015.
Application Insights:
The transportation application segment led the global heat resistant plastics market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for vehicles in developing countries such as China, India and Brazil on account of growing middle-class population, rapid urbanization, increasing disposable income and changing lifestyles.
Increasing use of plastics in automotive components including body panels, interior trims & handles along with engine parts is expected to drive the product demand from transportation industry over the forecast period. In addition, high mechanical strength offered by these materials enables them to perform better under extreme conditions such as high temperature without showing signs of wear or tear which further boosts their usage across various applications areas within this sector.
Regional Analysis:
North America was the leading revenue contributor in 2017. The region is projected to maintain its position through the forecast period on account of increasing demand for heat resistant plastics from various end-use industries such as automotive, aerospace and defense. In addition, growing construction activities in Mexico are expected to drive product demand over the next eight years.
The Asia Pacific is anticipated to be one of the fastest-growing regions owing to rapid industrialization and urbanization coupled with rising disposable income levels among consumers in emerging economies including China and India. This trend is expected to have a positive impact on industry growth over the coming years due to increased spending power for mass consumption goods such as automobiles, electronics, etc.
Europe accounted for a significant share of global market revenue owing high usage volumes across major end-use industries such as aerospace & defense (18%) and transportation (23%).
Growth Factors:
- Increasing demand from end-use industries such as automotive, electrical and electronics, and construction
- Rising awareness about the benefits of heat resistant plastics over traditional materials
- Growing investments in research and development activities for the development of new heat resistant plastics products
- Proliferation of advanced manufacturing technologies that can produce high-quality heat resistant plastics products at competitive prices
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Resistant Plastics Market Research Report
By Type
Fluoropolymers, Polyphenylene Sulfide, PolySulfone, Polyimides
By Application
Transportation, Electrical & Electronics, Industrial, Medical
By Companies
Solvay, SABIC, DuPont, Celanese, Victrex, BASF, Dongyue, DIC Corporation, Evonik, Honeywell, Solvay
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Heat Resistant Plastics Market Report Segments:
The global Heat Resistant Plastics market is segmented on the basis of:
Types
Fluoropolymers, Polyphenylene Sulfide, PolySulfone, Polyimides
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Electrical & Electronics, Industrial, Medical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Solvay
- SABIC
- DuPont
- Celanese
- Victrex
- BASF
- Dongyue
- DIC Corporation
- Evonik
- Honeywell
- Solvay
Highlights of The Heat Resistant Plastics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fluoropolymers
- Polyphenylene Sulfide
- PolySulfone
- Polyimides
- By Application:
- Transportation
- Electrical & Electronics
- Industrial
- Medical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat Resistant Plastics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat resistant plastics are materials that can withstand high temperatures without breaking. This makes them ideal for use in products that need to be able to withstand high temperatures, such as cookware and ovens.
Some of the key players operating in the heat resistant plastics market are Solvay, SABIC, DuPont, Celanese, Victrex, BASF, Dongyue, DIC Corporation, Evonik, Honeywell, Solvay.
The heat resistant plastics market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Resistant Plastics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heat Resistant Plastics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Resistant Plastics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heat Resistant Plastics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heat Resistant Plastics Market Size & Forecast, 2018-2028
4.5.1 Heat Resistant Plastics Market Size and Y-o-Y Growth
4.5.2 Heat Resistant Plastics Market Absolute $ Opportunity
Chapter 5 Global Heat Resistant Plastics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Heat Resistant Plastics Market Size Forecast by Type
5.2.1 Fluoropolymers
5.2.2 Polyphenylene Sulfide
5.2.3 PolySulfone
5.2.4 Polyimides
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heat Resistant Plastics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Heat Resistant Plastics Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Electrical & Electronics
6.2.3 Industrial
6.2.4 Medical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Resistant Plastics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heat Resistant Plastics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Heat Resistant Plastics Analysis and Forecast
9.1 Introduction
9.2 North America Heat Resistant Plastics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Heat Resistant Plastics Market Size Forecast by Type
9.6.1 Fluoropolymers
9.6.2 Polyphenylene Sulfide
9.6.3 PolySulfone
9.6.4 Polyimides
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Heat Resistant Plastics Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Electrical & Electronics
9.10.3 Industrial
9.10.4 Medical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Heat Resistant Plastics Analysis and Forecast
10.1 Introduction
10.2 Europe Heat Resistant Plastics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Heat Resistant Plastics Market Size Forecast by Type
10.6.1 Fluoropolymers
10.6.2 Polyphenylene Sulfide
10.6.3 PolySulfone
10.6.4 Polyimides
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Heat Resistant Plastics Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Electrical & Electronics
10.10.3 Industrial
10.10.4 Medical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Heat Resistant Plastics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heat Resistant Plastics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Heat Resistant Plastics Market Size Forecast by Type
11.6.1 Fluoropolymers
11.6.2 Polyphenylene Sulfide
11.6.3 PolySulfone
11.6.4 Polyimides
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Heat Resistant Plastics Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Electrical & Electronics
11.10.3 Industrial
11.10.4 Medical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Heat Resistant Plastics Analysis and Forecast
12.1 Introduction
12.2 Latin America Heat Resistant Plastics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Heat Resistant Plastics Market Size Forecast by Type
12.6.1 Fluoropolymers
12.6.2 Polyphenylene Sulfide
12.6.3 PolySulfone
12.6.4 Polyimides
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Heat Resistant Plastics Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Electrical & Electronics
12.10.3 Industrial
12.10.4 Medical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Heat Resistant Plastics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heat Resistant Plastics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Heat Resistant Plastics Market Size Forecast by Type
13.6.1 Fluoropolymers
13.6.2 Polyphenylene Sulfide
13.6.3 PolySulfone
13.6.4 Polyimides
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Heat Resistant Plastics Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Electrical & Electronics
13.10.3 Industrial
13.10.4 Medical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heat Resistant Plastics Market: Competitive Dashboard
14.2 Global Heat Resistant Plastics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solvay
14.3.2 SABIC
14.3.3 DuPont
14.3.4 Celanese
14.3.5 Victrex
14.3.6 BASF
14.3.7 Dongyue
14.3.8 DIC Corporation
14.3.9 Evonik
14.3.10 Honeywell
14.3.11 Solvay
