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High Performance Plastics: Applications and Global Markets

High Performance Plastics: Applications and Global Markets

  • September 2018
  • 168 pages
  • ID: 5576246
  • Format: PDF
  • By BCC Research

Summary

Table of Contents

Report Scope:
The report provides an overview and clear understanding of the global market of high-performance plastics and analyzes global market trends, with market data for 2017 considered as the base year, 2018 as the estimate year and forecasts through 2023 with projections of compound annual growth rates (CAGR) for 2018 to 2023. Market data in value and volume are provided at global and regional levels for all types of high-performance plastics and their end use industries.

The report includes a discussion of technological and economic trends that are affecting the high-performance plastics market.It also reviews the historical background of high-performance plastics, along with its properties, and identifies its emerging applications.

It also explains the major drivers, restraints and regional dynamics of the global high-performance plastics market and trends within the industry and presents the growth forecasts for the next five years. The market was further segmented and forecasted for major countries such as the U.S., Germany, Spain, China, U.K., China, India, etc.

The different types of high-performance plastics which were considered in the report include fluoropolymers (FPS), high-performance polyamides (HPPA), polyphenylene sulfide (PPS), sulfone polymers, liquid crystal polymers and polyimides.The report further includes discussion of end use industries such as transportation, medical, electrical and electronics, industrial and others.

The report concludes with a special focus on the competitive landscape, including key strategies and developments adopted by manufacturers and detailed profiles of the major manufacturers, along with their key events, latest process developments and market shares in the global high-performance plastics market.

Report Includes:
- 76 data tables and 16 additional tables
- An overview of the global market for high-performance plastics
- Analyses of global market trends, with data from 2017, estimates for 2018 and projections of CAGRs through 2023
- Country specific data and analysis for US, Canada, Germany, Spain, China, UK, and India
- Review of history, properties, types and applications of fluoropolymers, high performance polyamides (HPPA), polyphenylene sulfide (PPS), liquid crystal polymers and polyimides
- Discussion of effect of growing transportation industry and increasing electrical and electronics industry to the growth of high-performance plastics industry
- Detailed profiles of key competitors of the market, including Arkema SA, Daikin Industries, Ltd, Nylacast Limited Company, Performance Plastics LTD., Solvay S.A. and Saudi Basic Industries Corporation (SABIC)

Summary
High-performance plastics are a category of plastics which have superior properties when compared to standard or engineering plastics and thus meet higher requirements.The development of highperformance plastics started in the early 1960s and was driven by development of the aerospace and nuclear technology industries.

Now, most of the manufacturers of high-performance plastics use a process called polycondensation. There are different types of high-performance plastics available on the market thanks to major increases in demand in recent years as customers seek their advanced technical properties such as better mechanical and thermal features.

The global market for high-performance plastics was valued at $REDACTED billion in 2017, with a market volume of REDACTED kilotons in the same year.Global high-performance plastics consumption is forecast togrow at a CAGR of REDACTED% to $REDACTED billion and at a CAGR of REDACTED% to REDACTED kilotons in terms of volume by 2023.

High-performance plastics demand is strongly influenced by cyclical global economic factors suchas GDP and consumer spending. High-performance plastics are mostly used in the automotive andelectronics industries, which are heavily influenced by changes in corporate investment activities aroundthe world.

Most key markets, especially those in developed nations, are mature, and most of the replacement of traditional materials by high-performance plastics has already taken place.Thus, the growth rate for high-performance plastics is lower in these regions as compared to developing regions.

Growth in developing nations is due to growing demand for consumer goods as consumer spending increases and capital investments in new machinery and equipment grow. Replacement of traditional materials such as metal, glass and high-performance coatings and composites by high-performance plastics across a wide range of applications over several decades has been a key market driver. Although traditional
applications are reaching their saturation point, high-performance plastics continue to find new applications as well as replacements for existing solutions.

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