Market Overview:
The global high performance resins 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 resins from various end-use industries, such as automotive, industrial machinery, infrastructure, oil & gas and others. In terms of type, the polyphthalamide (PPA) segment is expected to lead the global high performance resins market during the forecast period due to its superior properties such as thermal stability and chemical resistance. In terms of application, the automotive segment is projected to lead the global high performance resins market during 2018-2030 owing to its growing demand from countries such as China and India.
Product Definition:
High performance resins are resin formulations that have been designed to exhibit specific properties, such as high strength, toughness or chemical resistance. These resins are often used in demanding applications, where traditional resins may not be able to meet the requirements.
PPA:
Polyphenylene Amine (PPA) is a synthetic organic compound, which is colorless and odorless. It has a crystalline structure and amorphous solid state at room temperature. PPA can be produced by the chemical synthesis process or by polymerization of amines derived from phenol via p-phenylenediamine.
PI:
Polyisobutylene or PI is a polymer with excellent resistance to chemicals, such as solvents, alcohols and water. It has high tensile strength and flexural modulus. These properties have made it useful in the manufacturing of automotive parts, packaging films & bottles and chemical resistant gloves.
PI has been replacing petroleum-based plastics due to its biodegradable nature which makes it environmentally friendly.
Application Insights:
The automotive application segment accounted for the largest volume share of over 30% in 2017. The growing demand for high performance resins in the automotive industry is projected to drive growth over the forecast period. The rising need to reduce weight and increase fuel efficiency has led to an increased focus on composites, which use high performance resins as they offer better mechanical properties and cost-effectiveness compared with metals or alloys.
High performance resins are also used extensively in industrial machinery owing to their ability to deliver excellent impact resistance, chemical resistance, abrasion resistance along with other properties such as strength, stiffness and durability at a lower weight than traditional plastics or metal alternatives. These polymers can be customized according these specific requirements of end-use industries thereby offering a flexible solution that best suits their needs without compromising on costs or quality attributes required by customers globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing infrastructure spending in countries such as China and India. In addition, rising automotive production in Asia Pacific countries such as Japan and South Korea is anticipated to drive product demand over the next eight years.
The growing manufacturing sector in emerging economies of Asia Pacific including China, India, Indonesia, Vietnam and Thailand are likely to benefit product demand from industrial machinery application segment of global high performance resins industry. However, sluggish growth rate of construction industry coupled with limited foreign investments may hamper growth for a while.
North America accounted for more than 20% share of global revenue in 2017 owing to early adoption by end-use industries such as aerospace & defense (AD), automotive & transportation (MT) along with consumer goods applications including footwear and sports equipment etc.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and electrical & electronics
- Rising demand for lightweight and high-performance materials in automotive sector
- Growing popularity of composites in the aerospace industry
- Rapid expansion of the Chinese economy and growing infrastructure investments
- Technological advancements that enable development of new resin products
Scope Of The Report
Report Attributes
Report Details
Report Title
High Performance Resins Market Research Report
By Type
PPA, PI, PEEK, Others
By Application
Automotive, Industrial Machinery, Infrastructure, Oil & Gas, Others
By Companies
Arkema, BASF, Celanese, DSM, Dupont, Ensinger, Evonik, Huntsman, Mittsubishi, Polymics, Quadrant, RTP, Solvay, SABIC, Materia
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global High Performance Resins Market Report Segments:
The global High Performance Resins market is segmented on the basis of:
Types
PPA, PI, 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, Industrial Machinery, Infrastructure, Oil & Gas, 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:
- Arkema
- BASF
- Celanese
- DSM
- Dupont
- Ensinger
- Evonik
- Huntsman
- Mittsubishi
- Polymics
- Quadrant
- RTP
- Solvay
- SABIC
- Materia
Highlights of The High Performance Resins 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:
- PPA
- PI
- PEEK
- Others
- By Application:
- Automotive
- Industrial Machinery
- Infrastructure
- Oil & Gas
- 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 Resins 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 resins are a type of resin that is designed to have high strength and durability. They are often used in applications where the resin is expected to be exposed to harsh environments or high levels of stress.
Some of the major players in the high performance resins market are Arkema, BASF, Celanese, DSM, Dupont, Ensinger, Evonik, Huntsman, Mittsubishi, Polymics, Quadrant, RTP, Solvay, SABIC, Materia.
The high performance resins 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 Resins 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 Resins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Performance Resins 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 Resins 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 Resins Market Size & Forecast, 2018-2028
4.5.1 High Performance Resins Market Size and Y-o-Y Growth
4.5.2 High Performance Resins Market Absolute $ Opportunity
Chapter 5 Global High Performance Resins 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 Performance Resins Market Size Forecast by Type
5.2.1 PPA
5.2.2 PI
5.2.3 PEEK
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Performance Resins 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 Performance Resins Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Industrial Machinery
6.2.3 Infrastructure
6.2.4 Oil & Gas
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Performance Resins 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 Resins 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 Performance Resins Analysis and Forecast
9.1 Introduction
9.2 North America High Performance Resins 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 Performance Resins Market Size Forecast by Type
9.6.1 PPA
9.6.2 PI
9.6.3 PEEK
9.6.4 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 Performance Resins Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Industrial Machinery
9.10.3 Infrastructure
9.10.4 Oil & Gas
9.10.5 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 Performance Resins Analysis and Forecast
10.1 Introduction
10.2 Europe High Performance Resins 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 Performance Resins Market Size Forecast by Type
10.6.1 PPA
10.6.2 PI
10.6.3 PEEK
10.6.4 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 Performance Resins Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Industrial Machinery
10.10.3 Infrastructure
10.10.4 Oil & Gas
10.10.5 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 Performance Resins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Performance Resins 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 Performance Resins Market Size Forecast by Type
11.6.1 PPA
11.6.2 PI
11.6.3 PEEK
11.6.4 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 Performance Resins Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Industrial Machinery
11.10.3 Infrastructure
11.10.4 Oil & Gas
11.10.5 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 Performance Resins Analysis and Forecast
12.1 Introduction
12.2 Latin America High Performance Resins 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 Performance Resins Market Size Forecast by Type
12.6.1 PPA
12.6.2 PI
12.6.3 PEEK
12.6.4 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 Performance Resins Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Industrial Machinery
12.10.3 Infrastructure
12.10.4 Oil & Gas
12.10.5 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 Performance Resins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Performance Resins 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 Performance Resins Market Size Forecast by Type
13.6.1 PPA
13.6.2 PI
13.6.3 PEEK
13.6.4 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 Performance Resins Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Industrial Machinery
13.10.3 Infrastructure
13.10.4 Oil & Gas
13.10.5 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 Resins Market: Competitive Dashboard
14.2 Global High Performance Resins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 BASF
14.3.3 Celanese
14.3.4 DSM
14.3.5 Dupont
14.3.6 Ensinger
14.3.7 Evonik
14.3.8 Huntsman
14.3.9 Mittsubishi
14.3.10 Polymics
14.3.11 Quadrant
14.3.12 RTP
14.3.13 Solvay
14.3.14 SABIC
14.3.15 Materia
