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Heat Resistant Polymers Market by Type, End-Use Industry, and Region - Global Forecast to 2021

Heat Resistant Polymers Market: Global Forecast until 2021

  • May 2017
  • 146 pages
  • ID: 4917159
In this report:
The market here is dominated by the U.S., which accounts for over ##% of the global automotive production and is also the second-largest market for heat resistant polymers, with an estimated share of ##.##% of the global market for heat resistant polymers in 2016.
The electronics & electrical segment is the second-largest end-use industry segment; it is projected to reach USD ##.## billion by 2021, at a CAGR of ##.##% between 2016 and 2021.

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"The overall heat resistant polymers market is estimated to rise at a compound annual growth rate of 6.70 percent from 2016 to 2021 in terms of value"

The overall heat resistant polymers market is estimated to grow ~$16.7B by 2021, at a compound annual growth rate of 6.70 percent from 2016 to 2021. Growing demand for heat resistant polymers from the transportation end-use sector, especially in the Asia-Pacific area, is anticipated to drive the market demand for heat resistant polymers in the next years. Additionally, increasing demand from the electronics & electrical market will also drive the increase of the heat resistant polymers market during the estimate period. On the other hand, high processing cost of heat resistant polymers is anticipated to be one of the main restraints for the increase of this market.

"Fluoropolymers type heat resistant polymers constituted for the biggest market share in the overall heat resistant polymers market"

The fluoropolymers type segment recorded for the biggest share of the overall heat resistant polymers market in 2016, and is forecasted to be the quickest-growing segment from 2016 to 2021. The growth in use of fluoropolymers in automobile industries in China (CN) and India (IN) is predicted to push the increase of this segment globally.

"Transportation end-use sector is anticipated to capture the most important share of the overall heat resistant polymers market in 2016"

The transportation segment of the heat resistant polymers market is expected to account for the biggest share in 2016. The use of heat resistant polymers to replace conventional materials including metals, ceramics, and traditional plastics is a top driver of the rise of this industry segment. Improving economic conditions have also boosted the industry demand for heat resistant polymers in the transportation end-use market.

"Asia-Pac (APAC) is forecasted to be the biggest market for heat resistant polymers in 2016"

APAC recorded for the biggest market share in 2016 due to the increase in demand for heat resistant polymers in this area. The Asia-Pacific heat resistant polymers market is also expected to grow at the highest compound annual growth rate (CAGR) during the outlook period. This increase can be accredited to the growing demand from transportation and electronics & electrical end-use markets, which together account for a majority share in the overall market. moreover, use of high temperature plastics to replace conventional materials including metals, ceramics, and traditional plastics is also a main driver for the sector.

Profile break-up of primary participants for the market research:

• By Company category: Tier 1 - 43 %, Tier 2 - 43.0 percent, Tier 3 - 14.0 percent

• By Description: C-suite - 42.0 percent, D-level - 29.0 percent, Others - 29.0 percent

• By Area: North America (NA) - 43.0 percent, EU - 29.0 percent, Asia-Pac - 14.0 percent, Middle East area & African continent - 8.0 percent, and Latin America area - 6.0 percent

Moreover, as a part of qualitative analysis, the industry research offers a comprehensive analysis of major market drivers, industry restraints, possibilities, and opportunities. It also considers competitive landscape approved by various market players, including Arkema (AKE), E. I. du Pont de Nemours And Organization, Dongyue Group Ltd., DIC Corporation, Honeywell (NYSE:HON), Parkway Products Inc., Schulman AG, Caledonian Ferguson Timpson Ltd, Panjin Zhongrun High Performance Polymers Co. Ltd, Quadrant EPP Surlon India Ltd, Tri-Mack Plastics Manufacturing Corp., Huntsman (NYSE:UN), PolyOne Corporation, BASF SE, Evonik Industries , Celanese Corporation, Solvay (SOLB), Victrex PLC, Saudi Arabia Basic Industries Corporation, Covestro, Dow Chemical (NYSE:DOW), Daikin Sectors, Limited, Kuraray Co., Limited, RTP Company, Incorporated, and Ensinger GmbH, among others.

Segment Research

This business report affords an overview of trends, drivers, and opportunities with respect to the heat resistant polymers market. It also offers a exhaustive overview of the market across five regions, that is, Asia Pacific (APAC), Europe (EU), North America continent, Middle East (ME) & African continent, and Latin America area. The industry report classifies the heat resistant polymers market based on grade, product form, end-use sector, and area. An in-depth study of leading actors, together with top increase strategies approved by them, are also covered in the study.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global heat resistant polymers market and its sub-segments. This industry report will facilitate partners better comprehend the competitor overview and obtain additional insights to better option their businesses and make suitable go-to-market approaches. The market research also benefits the partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

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Related Market Segments :

Polymers

Thermoplastic

ref:plp2017

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