Market Overview:
The global high performance engineering plastics market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high performance engineering plastics from the automotive industry, machinery equipment, and electrical & electronics industries. In terms of type, PPS is expected to lead the global high performance engineering plastics market during the forecast period due to its superior properties such as thermal stability, chemical resistance, and dimensional stability. In terms of application, the automotive industry is expected to account for a major share of the global high performance engineering plastics market during the forecast period.
Product Definition:
High Performance Engineering Plastics are materials that have been specifically designed for use in engineering applications where high performance is required. They typically have better mechanical properties than commodity plastics, and can be used in a wide range of applications including automotive, aerospace, and medical devices.
PPS:
Polyphenylene Sulfide (PPS) is a synthetic rubber-like polymer with high tensile strength and excellent abrasion resistance. It can be processed like other engineering plastics such as PE, PP, PVC and has the added advantage of being able to be colored & compounded to match any thermoplastic.
PAR:
Polyacrylonitrile (PAR) is a type of High Performance Engineering Plastic that has superior properties such as high thermal stability, chemical resistance, and electrical insulation. PAR is produced by the polymerization of acrylonitrile. It has applications in various sectors including automotive & transportation, building & construction and consumer goods among others.
Application Insights:
The automotive industry was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. The growing importance of lightweight materials for vehicle manufacturing is likely to drive product demand in this sector. High performance engineering plastics are used in various components of an automobile, including body-in-white, powertrain, chassis and interior trim assembly, lighting systems as well as underbody space utilization efficiency.
Highly durable and efficient products have found their usage even where durability or life expectancy is not a primary concern; these include electrical & electronics applications such as electronic circuit boards and sensors which are subject to extreme vibration & heat conditions. Other than automobiles, these products are also used extensively across other industries including aerospace & defense on account of superior properties they offer such as impact resistance withstanding high G forces along with excellent dimensional stability over long periods at elevated temperatures (up to 300°C).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand from various end-use industries, such as automotive and machinery. China is one of the largest markets in this region due to its rapidly expanding manufacturing sector. In addition, India’s industrial production grew at a rate of 9% in 2015 compared with previous year which will boost product demand further.
Europe was valued at USD X million in 2017 and is projected to grow significantly over the forecast period owing to stringent regulations regarding carbon emissions by regulatory bodies like ECHA, EU Parliament etc., This has resulted into increased use of high performance engineering plastics for producing lightweight components that reduce overall vehicle weight & improve fuel efficiency thus resulting into higher sales volume for manufacturers across this region since past few years.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and fuel-efficient vehicles
- Growing demand for engineering plastics in electrical and electronic applications
- Rising popularity of 3D printing technology
- Rapid growth of the medical device industry
- Growing use of engineering plastics in construction and infrastructure projects
Scope Of The Report
Report Attributes
Report Details
Report Title
High Performance Engineering Plastics Market Research Report
By Type
PPS, PAR, LCP, PSU, PES, P1, Others
By Application
Automotive Industry, Machinery Equipment, Electrical & Electronics, Others
By Companies
BASF, Asahi Kasei, DSM, Invista, Ascend, Solvay, Dupont, Radici Group, Shenma, Hua Yang
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global High Performance Engineering Plastics Market Report Segments:
The global High Performance Engineering Plastics market is segmented on the basis of:
Types
PPS, PAR, LCP, PSU, PES, P1, 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 Industry, Machinery Equipment, Electrical & Electronics, 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:
- BASF
- Asahi Kasei
- DSM
- Invista
- Ascend
- Solvay
- Dupont
- Radici Group
- Shenma
- Hua Yang
Highlights of The High Performance 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:
- PPS
- PAR
- LCP
- PSU
- PES
- P1
- Others
- By Application:
- Automotive Industry
- Machinery Equipment
- Electrical & Electronics
- 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 Performance 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
- 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?
High Performance Engineering Plastics (HPE) is a new type of plastic that has been designed to meet the highest performance requirements in a variety of applications. HPE plastics are more durable and resistant to wear and tear, making them ideal for high-volume manufacturing processes.
Some of the key players operating in the high performance engineering plastics market are BASF, Asahi Kasei, DSM, Invista, Ascend, Solvay, Dupont, Radici Group, Shenma, Hua Yang.
The high performance 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 Performance 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 Performance Engineering Plastics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Performance 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 Performance 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 Performance Engineering Plastics Market Size & Forecast, 2020-2028
4.5.1 High Performance Engineering Plastics Market Size and Y-o-Y Growth
4.5.2 High Performance Engineering Plastics Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 PPS
5.2.2 PAR
5.2.3 LCP
5.2.4 PSU
5.2.5 PES
5.2.6 P1
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Machinery Equipment
6.2.3 Electrical & Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Performance 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 Performance 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 PPS
9.6.2 PAR
9.6.3 LCP
9.6.4 PSU
9.6.5 PES
9.6.6 P1
9.6.7 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 Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Machinery Equipment
9.10.3 Electrical & Electronics
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 PPS
10.6.2 PAR
10.6.3 LCP
10.6.4 PSU
10.6.5 PES
10.6.6 P1
10.6.7 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 Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Machinery Equipment
10.10.3 Electrical & Electronics
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 PPS
11.6.2 PAR
11.6.3 LCP
11.6.4 PSU
11.6.5 PES
11.6.6 P1
11.6.7 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 Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Machinery Equipment
11.10.3 Electrical & Electronics
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 PPS
12.6.2 PAR
12.6.3 LCP
12.6.4 PSU
12.6.5 PES
12.6.6 P1
12.6.7 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 Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Machinery Equipment
12.10.3 Electrical & Electronics
12.10.4 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 PPS
13.6.2 PAR
13.6.3 LCP
13.6.4 PSU
13.6.5 PES
13.6.6 P1
13.6.7 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) Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Machinery Equipment
13.10.3 Electrical & Electronics
13.10.4 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 Performance Engineering Plastics Market: Competitive Dashboard
14.2 Global High Performance Engineering Plastics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Asahi Kasei
14.3.3 DSM
14.3.4 Invista
14.3.5 Ascend
14.3.6 Solvay
14.3.7 Dupont
14.3.8 Radici Group
14.3.9 Shenma
14.3.10 Hua Yang
