DUBLIN--(BUSINESS WIRE)--The "High Temperature Thermoplastics Market by End-use Industry (Transportation, Electrical & Electronics, Industrial, Medical), Resin Type (High Temperature FPs, HPPA, PPS, SP, LCP, AKP, PI), Temperature Range, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The Global High Temperature Thermoplastics (Htts) Market Size is Estimated to Be USD 14.38 Billion in 2017 And Projected to Reach USD 21.70 Billion By 2022, at a CAGR of 8.57%
The market growth is fueled by the increasing investments in new manufacturing plants for automotive and aerospace development. This growth stems from a rise in the manufacturing of interior and exterior components in the automotive and aerospace industries using HTTs due to their superior mechanical properties, chemical resistance, and high heat stability of high performance plastics. The growth is also fueled by the under the hood applications in the automotive industry. High manufacturing cost of the high performance plastics is the restraining factor for this market.
Aromatic ketone polymers is the fastest-growing resin type segment, in terms of volume & value both in the HTTs market. They possess outstanding thermal stability, mechanical properties, and chemical resistance. These properties make them suitable for a wide range of applications such as fuel systems, induction systems, coolant systems, engine components, powertrain, brake systems, pumps and valves, shaft seals, sockets, biotechnology, surgical equipment, and transmission components manufacturing.
Asia Pacific is expected to be the fastest-growing market for HTTs, in terms of both value and volume. High economic growth rate, growth in manufacturing industries, availability of cheap labor, increasing foreign investments, and rise in applications of HTTs across medical, transportation, and electronics applications are some of the major factors expected to fuel the growth of the market. Countries such as China, South Korea, and Taiwan, which are major hubs for the production of electronic components, are expected to drive the growth of the market in Asia Pacific.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview And Key Trends
7 High Temperature Thermoplastics Market, By Resin
8 High Temperature Thermoplastics Market, By Temperature Range
9 High Temperature Thermoplastics Market, By End-Use Industry
10 High Temperature Thermoplastics Market, By Region
11 Competitive Landscape
12 Company Profiles
- Akro Plastic
- Arkema S.A.
- Asahi Kasei
- Basf
- Celanese Corporation
- Dic Corporation
- Dowdupont
- Drake Plastics
- Dyneon Fluoropolymers
- Ensigner
- Evonik Industries
- Freudenberg
- GSF Plastics Corporation
- Hycomp Llc
- Lehmann & Voss & Co.
- Nytef Plastics
- Polyone Corporation
- Quadrant Plastics
- Royal Dsm
- RTP Company
- Sabic
- Solvay
- Sumitomo Chemicals
- Toray Industries Inc.
- Victrex
For more information about this report visit https://www.researchandmarkets.com/research/pr3stj/high_temperature
