Market Overview:
The global high heat resistant engineering plastics market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for high heat resistant engineering plastics from various end-use industries, such as automotive, electrical and electronic, aerospace and defense, machinery and equipment, medical devices, and others. In addition, the growing awareness about the benefits of using high heat resistant engineering plastics over traditional materials is also contributing to the growth of this market. Based on type, polyphenylene sulfide (PPS) is expected to lead the global high heat resistant engineering plastics market during the forecast period due to its excellent properties such as resistance against chemicals and solvents; good mechanical properties; thermal stability; dimensional stability; low flammability; and good creep resistance.
Product Definition:
High Heat Resistant Engineering Plastics are materials used in engineering and manufacturing that can withstand high levels of heat without melting or warping. These plastics are often used in applications where regular plastics would not be able to withstand the heat, such as automotive parts, cookware, and outdoor furniture. High Heat Resistant Engineering Plastics can be made from a variety of materials, including polypropylene (PP), polyethylene terephthalate (PET), nylon 6/6, and PEEK.
Polyphenylene Sulfide (PPS):
Polyphenylene sulfide (PPS) is a synthetic thermosetting polymer with high heat resistance. It has the ability to withstand temperatures up to 270°C, which makes it suitable for use in applications that require higher operating temperatures. PPS offers excellent mechanical properties and dimensional stability at elevated temperature, making it an ideal material for manufacturing components used in automotive & aerospace industries and chemical processing industries.
Polyimide (PI):
Polyimide (PI) is a high-performance engineering plastic with excellent chemical and mechanical properties. It offers superior performance in extreme heat environments, thus making it ideal for use in the automotive industry. Polyimide resins are used to produce films, fibers & powders which find application in various industries including aerospace, automotive & transportation and electronics among others.
Application Insights:
The automotive segment led the global market and accounted for more than a 29% share of the overall revenue in 2017. The growing demand for lightweight materials with high strength and durability is expected to drive the product demand in this application over the forecast period. High heat resistant engineering plastics are used extensively in automobile manufacturing owing to stringent environmental regulations regarding vehicular emissions, fuel consumption, and carbon footprint.
High heat resistance engineering plastics are also widely used in aircraft components including landing gear doors, airframe structural support, leading and trailing edge panels on aero-propulsion vehicles such as helicopters or wind turbines blades due to their excellent properties such as impact resistance & wear resistance along with low weight compared to conventional metals & alloys. Other prominent end-use industries include electrical & electronic equipment where polyimide based products find applications across power distribution units (PDUs), circuit breakers/fuses/surge protectors that operate at elevated temperatures up to 250°C.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing per capita income in emerging economies such as China, India, and Indonesia. The region is witnessing an increase in demand for high heat resistant plastics due to the rising number of manufacturing industries including automotive, electrical & electronics, aerospace & defense.
The Asia Pacific was followed by Europe which accounted for over 25% of the global revenue share in 2017 on account of high product adoption across major end-use industries including automotive and machinery coupled with stringent regulations regarding vehicle safety standards by governments across countries such as Germany, France Italy among many more.
North America also had a significant market share owing to early technology adoption by key industry players along with continuous R&D activities carried out within academic institutes and private companies based in U.S.
Growth Factors:
- Increasing demand from automotive and electrical & electronics industries
- Growing awareness about the benefits of high heat resistant engineering plastics over traditional materials
- Rising investments in research and development by leading players to develop new products
- Proliferation of advanced manufacturing technologies that help reduce production costs
- Growing popularity of lightweight and eco-friendly materials
Scope Of The Report
Report Attributes
Report Details
Report Title
High Heat Resistant Engineering Plastics Market Research Report
By Type
Polyphenylene Sulfide (PPS), Polyimide (PI), Polysulfone (PSU), Liquid-Crystal Polymer (LCP), Polyetheretherketone (PEEK), Others
By Application
Automotive, Electrical and Electronic, Aerospace & Defense, Machinery & Equipment, Medical Devices, Others
By Companies
Toray, DIC, Solvay, Celanese, Kureha, SK Chemical, Tosoh, Sumitomo Chemical, SABIC, Polyplastics, Evonik, Zhejiang NHU, Chongqing Glion
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global High Heat Resistant Engineering Plastics Market Report Segments:
The global High Heat Resistant Engineering Plastics market is segmented on the basis of:
Types
Polyphenylene Sulfide (PPS), Polyimide (PI), Polysulfone (PSU), Liquid-Crystal Polymer (LCP), Polyetheretherketone (PEEK), Others
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
Automotive, Electrical and Electronic, Aerospace & Defense, Machinery & Equipment, Medical Devices, Others
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:
- Toray
- DIC
- Solvay
- Celanese
- Kureha
- SK Chemical
- Tosoh
- Sumitomo Chemical
- SABIC
- Polyplastics
- Evonik
- Zhejiang NHU
- Chongqing Glion
Highlights of The High Heat Resistant Engineering 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:
- Polyphenylene Sulfide (PPS)
- Polyimide (PI)
- Polysulfone (PSU)
- Liquid-Crystal Polymer (LCP)
- Polyetheretherketone (PEEK)
- Others
- By Application:
- Automotive
- Electrical and Electronic
- Aerospace & Defense
- Machinery & Equipment
- Medical Devices
- Others
- 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 High Heat Resistant Engineering 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
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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?
High heat resistant engineering plastics are a type of plastic that can withstand high temperatures. They are often used in products that need to be able to withstand high temperatures, such as ovens and cookware.
Some of the major players in the high heat resistant engineering plastics market are Toray, DIC, Solvay, Celanese, Kureha, SK Chemical, Tosoh, Sumitomo Chemical, SABIC, Polyplastics, Evonik, Zhejiang NHU, Chongqing Glion.
The high heat resistant engineering plastics market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Heat Resistant Engineering 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 High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Market Size & Forecast, 2018-2028
4.5.1 High Heat Resistant Engineering Plastics Market Size and Y-o-Y Growth
4.5.2 High Heat Resistant Engineering Plastics Market Absolute $ Opportunity
Chapter 5 Global High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Market Size Forecast by Type
5.2.1 Polyphenylene Sulfide (PPS)
5.2.2 Polyimide (PI)
5.2.3 Polysulfone (PSU)
5.2.4 Liquid-Crystal Polymer (LCP)
5.2.5 Polyetheretherketone (PEEK)
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electrical and Electronic
6.2.3 Aerospace & Defense
6.2.4 Machinery & Equipment
6.2.5 Medical Devices
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Heat Resistant Engineering 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 High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Analysis and Forecast
9.1 Introduction
9.2 North America High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Market Size Forecast by Type
9.6.1 Polyphenylene Sulfide (PPS)
9.6.2 Polyimide (PI)
9.6.3 Polysulfone (PSU)
9.6.4 Liquid-Crystal Polymer (LCP)
9.6.5 Polyetheretherketone (PEEK)
9.6.6 Others
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 High Heat Resistant Engineering Plastics Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electrical and Electronic
9.10.3 Aerospace & Defense
9.10.4 Machinery & Equipment
9.10.5 Medical Devices
9.10.6 Others
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 High Heat Resistant Engineering Plastics Analysis and Forecast
10.1 Introduction
10.2 Europe High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Market Size Forecast by Type
10.6.1 Polyphenylene Sulfide (PPS)
10.6.2 Polyimide (PI)
10.6.3 Polysulfone (PSU)
10.6.4 Liquid-Crystal Polymer (LCP)
10.6.5 Polyetheretherketone (PEEK)
10.6.6 Others
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 High Heat Resistant Engineering Plastics Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electrical and Electronic
10.10.3 Aerospace & Defense
10.10.4 Machinery & Equipment
10.10.5 Medical Devices
10.10.6 Others
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 High Heat Resistant Engineering Plastics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Market Size Forecast by Type
11.6.1 Polyphenylene Sulfide (PPS)
11.6.2 Polyimide (PI)
11.6.3 Polysulfone (PSU)
11.6.4 Liquid-Crystal Polymer (LCP)
11.6.5 Polyetheretherketone (PEEK)
11.6.6 Others
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 High Heat Resistant Engineering Plastics Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electrical and Electronic
11.10.3 Aerospace & Defense
11.10.4 Machinery & Equipment
11.10.5 Medical Devices
11.10.6 Others
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 High Heat Resistant Engineering Plastics Analysis and Forecast
12.1 Introduction
12.2 Latin America High Heat Resistant Engineering 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 High Heat Resistant Engineering Plastics Market Size Forecast by Type
12.6.1 Polyphenylene Sulfide (PPS)
12.6.2 Polyimide (PI)
12.6.3 Polysulfone (PSU)
12.6.4 Liquid-Crystal Polymer (LCP)
12.6.5 Polyetheretherketone (PEEK)
12.6.6 Others
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 High Heat Resistant Engineering Plastics Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electrical and Electronic
12.10.3 Aerospace & Defense
12.10.4 Machinery & Equipment
12.10.5 Medical Devices
12.10.6 Others
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) High Heat Resistant Engineering Plastics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Heat Resistant Engineering 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) High Heat Resistant Engineering Plastics Market Size Forecast by Type
13.6.1 Polyphenylene Sulfide (PPS)
13.6.2 Polyimide (PI)
13.6.3 Polysulfone (PSU)
13.6.4 Liquid-Crystal Polymer (LCP)
13.6.5 Polyetheretherketone (PEEK)
13.6.6 Others
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) High Heat Resistant Engineering Plastics Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electrical and Electronic
13.10.3 Aerospace & Defense
13.10.4 Machinery & Equipment
13.10.5 Medical Devices
13.10.6 Others
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 High Heat Resistant Engineering Plastics Market: Competitive Dashboard
14.2 Global High Heat Resistant Engineering Plastics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray
14.3.2 DIC
14.3.3 Solvay
14.3.4 Celanese
14.3.5 Kureha
14.3.6 SK Chemical
14.3.7 Tosoh
14.3.8 Sumitomo Chemical
14.3.9 SABIC
14.3.10 Polyplastics
14.3.11 Evonik
14.3.12 Zhejiang NHU
14.3.13 Chongqing Glion
