DUBLIN--(BUSINESS WIRE)--The "High-Temperature Plastics Market - By Application: Global Industry Perspective, Comprehensive Analysis and Forecast 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
According to the report, global demand high-temperature plastics market was valued at approximately USD 81.78 Billion in 2019, and is expected to generate revenue of around USD 123.78 Billion by end of 2026, growing at a CAGR of around 6.1% between 2020 and 2026.
The favorable growth in the industries such as automobiles, aerospace, electrical & electronics, and others contribute to the high demand for high-temperature plastics market. There is a higher demand from the coating industry thus anticipating opening up new gateways for growth opportunities in the global market. Growing preferences of the manufacturers towards lightweight materials in construction and aerospace industry may drive the global high-temperature plastics market growth. High-temperature plastics are used as a replacement to metals in the various machine parts such as gears, pulley, and others; hence, showing a considerable market growth in the future. Automakers are extensively using high-temperature plastics in the manufacturing of body parts of the vehicles thus anticipating the market growth at a high pace. However, higher cost of high-temperature plastics may hamper the global market growth.
The global high-temperature plastics market is classified based on the application, types, and geography. The application segment comprises medical, transportation, industrial, electrical & electronics, and others. Of these, electrical & electronics is the dominant application segment among others. On the basis of the type, the global market is segregated into polyimides, fluoropolymers, polysulfone, polyphenylene sulfide, and others. The fluoropolymers segment leads the high-temperature plastics market. The geographical segmentation of the global market includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific and North America has emerged as the leading consumers of the high-temperature plastics market. Rising demand from the countries such as the US and China expects to emerge as major revenue generator of the global market owing to industrial growth and rise in demand. The major manufacturing hubs are getting shifted from Western regions to the Asia-Pacific which is the key factor that is driving the market. Japan, South Korea, Taiwan, and other Asian countries have made developments in the electrical and electronic sector thus boosting the demand of high-temperature plastics market. Prominent growth in the automotive and aerospace industry in the European region fuels the demand of the market.
What Reports Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 High-Temperature Plastics Market - Industry Analysis
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Porter's Five Forces Analysis
4.6 COVID-19 Impact Analysis
5 Investment Proposition Analysis
5.1 Global High-Temperature Plastics Market Attractiveness, By Product
5.2 Global High-Temperature Plastics Market Attractiveness, By Application
5.3 Global High-Temperature Plastics Market Attractiveness, By Region
6 Competitive Landscape
6.1 Company Market Share Analysis - 2019
6.1.1 Global High-Temperature Plastics Market: Company Market Share, 2019
6.2 Strategic Developments
7 High-Temperature Plastics Market - Product Segment Analysis
7.1 Global High-Temperature Plastics Market Overview: by Product
7.1.1 Global High-Temperature Plastics Market Revenue Share, by Product, 2019 & 2026
7.2 Global High-Temperature Plastics Market Analysis/Overview - By Product
7.6 Pulyphenylene sulfide
8 High-Temperature Plastics Market - Application Segment Analysis
8.1 Global High-Temperature Plastics Market Overview: by Application
8.1.1 Global High-Temperature Plastics Market Revenue Share, by Application, 2019 & 2026
8.2 Global High-Temperature Plastics Market Analysis/Overview - By Application
8.6 Electrical & electronics
9 High-Temperature Plastics Market - Regional Analysis
9.1 Global High-Temperature Plastics Market: Regional Overview
9.2 North America
9.4 Asia Pacific
9.5 Latin America
9.6 The Middle-East and Africa
10 Company Profiles
10.1 Bayer Material Science AG.
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Product portfolio
10.1.4 Business Strategy
10.1.5 Recent Developments
10.2 Daicel Chemical Industries Ltd.
10.3 BASF SE
10.4 The Dow Chemical Company
10.5 Celanese Corporation
10.6 Rhodia Engineering Plastics
10.7 Arkema SA
10.8 Eastman Chemical Company
For more information about this report visit https://www.researchandmarkets.com/r/olfgt8