Market Overview:
The global high temperature plastic materials market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high temperature plastic materials in transportation, electrical & electronics, industrial and medical applications. Some of the key players operating in this market are BASF SE (Germany), Solvay SA (Belgium), SABIC (Saudi Arabia), Mitsubishi Chemical Holdings Corporation (Japan) and DowDuPont Inc. (U.S.).
Product Definition:
High Temperature Plastic Materials are those materials that can withstand high temperatures without melting or breaking. They are commonly used in industries where high temperatures are common, such as the automotive and aerospace industries.
Fluoropolymers:
Fluoropolymers are extensively used in high temperature plastic materials owing to their excellent properties such as resistance to chemicals, high tensile strength and thermal stability. Fluoropolymer growth factor is expected to increase the demand for fluoropolymers in the high-temperature plastics market on account of its increasing application scope in automotive components, electrical & electronics and aerospace industries.
Polyphenylene Sulfide:
It has properties such as high thermal stability, excellent electrical insulation, and good mechanical strength. PPS is widely used in the manufacturing of High-Temperature Plastic Materials (HTPM). HTPM’s are widely utilized in various end-use industries such as automotive & transportation and aerospace.
Application Insights:
The transportation application segment led the global high temperature plastic materials market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing use of plastics in automotive components, such as engine parts, transmission belts and hoses, fuel tanks, body panels and lighting systems.
Electrical & electronics emerged as another prominent segment with revenue estimated at USD 1.5 billion in 2017 owing to growing demand for polymers used for manufacturing printed circuit boards (PCB) that are employed in electronic devices across various end-use industries including telecommunication, computing and appliances.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to cheap labor, raw material availability, and technological advancements. China is one of the top 10 producers of high temperature plastics worldwide. It accounted for approximately 23% share in terms of volume in 2017 on account of rapid industrialization coupled with supportive government initiatives such as “Make in India†campaign undertaken by Indian prime minister Narendra Modi to encourage domestic manufacturing activities has led to an increase in demand from various end-use industries including automotive, electrical & electronics, construction among others.
North America emerged as the second fastest growing regional market with a CAGR exceeding 5% from 2018 to 2030 on account rising demand from end-use industries such as medical devices.
Growth Factors:
- Increasing demand from end-use industries: The high temperature plastic materials market is witnessing a surge in demand from various end-use industries, such as automotive, aerospace & defense, and electrical & electronics. This is primarily due to the excellent properties of these materials that make them suitable for use in a wide range of applications.
- Rising investments in R&D: Key players operating in the high temperature plastic materials market are investing heavily in R&D to develop new and innovative products that can cater to the specific needs of different end-use industries. This is likely to result in an increase in the adoption of these materials across various sectors.
- Growing awareness about benefits offered by high temperature plastics: There is a growing awareness among consumers about the benefits offered by high temperature plastics, which is helping fuel its growth across different regions worldwide. Some of the key advantages associated with these materials include superior mechanical properties, resistance to corrosion and degradation, and low weight compared with traditional metals or alloys used for similar applications purposes..
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Plastic Materials Market Research Report
By Type
Fluoropolymers, Polyphenylene Sulfide, PolySulfone, Polyimides
By Application
Transportation, Electrical & Electronics, Industrial, Medical
By Companies
Solvay, SABIC, Dow, Celanese, Victrex, BASF, Dongyue, DIC Corporation, Evonik, Honeywell
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Plastic Materials Market Report Segments:
The global High Temperature Plastic Materials 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
- Dow
- Celanese
- Victrex
- BASF
- Dongyue
- DIC Corporation
- Evonik
- Honeywell
Highlights of The High Temperature Plastic Materials 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 High Temperature Plastic Materials 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
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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 temperature plastic materials are plastics that can withstand temperatures above 250 degrees Celsius. These materials are often used in applications where high temperatures and/or intense pressure are present, such as in the automotive and aerospace industries.
Some of the major companies in the high temperature plastic materials market are Solvay, SABIC, Dow, Celanese, Victrex, BASF, Dongyue, DIC Corporation, Evonik, Honeywell.
The high temperature plastic materials market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Temperature Plastic Materials 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 Temperature Plastic Materials Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Temperature Plastic Materials 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 Temperature Plastic Materials 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 Temperature Plastic Materials Market Size & Forecast, 2018-2028 4.5.1 High Temperature Plastic Materials Market Size and Y-o-Y Growth 4.5.2 High Temperature Plastic Materials Market Absolute $ Opportunity
Chapter 5 Global High Temperature Plastic Materials 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 Temperature Plastic Materials 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 High Temperature Plastic Materials 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 Temperature Plastic Materials 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 High Temperature Plastic Materials 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 Temperature Plastic Materials 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 Temperature Plastic Materials Analysis and Forecast
9.1 Introduction
9.2 North America High Temperature Plastic Materials 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 Temperature Plastic Materials 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 High Temperature Plastic Materials 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 High Temperature Plastic Materials Analysis and Forecast
10.1 Introduction
10.2 Europe High Temperature Plastic Materials 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 Temperature Plastic Materials 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 High Temperature Plastic Materials 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 High Temperature Plastic Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Temperature Plastic Materials 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 Temperature Plastic Materials 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 High Temperature Plastic Materials 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 High Temperature Plastic Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America High Temperature Plastic Materials 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 Temperature Plastic Materials 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 High Temperature Plastic Materials 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) High Temperature Plastic Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Temperature Plastic Materials 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 Temperature Plastic Materials 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) High Temperature Plastic Materials 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 High Temperature Plastic Materials Market: Competitive Dashboard
14.2 Global High Temperature Plastic Materials 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 Dow
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