LONDON--(BUSINESS WIRE)--The high-performance polymers market is expected to grow by USD 7.45 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the high-performance polymers market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through response, recovery, and renewal phases. Download a Free Sample Report on COVID-19
The high-performance polymers market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the next normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three High-performance Polymers Market Participants:
Arkema SA operates its business in various segments such as high-performance materials, industrial specialties, coating solutions. The company offers Piezotech, Celocor, and other polymer products.
BASF SE operates its business in various segments such as agricultural solutions, and others. The company offers Ultramid Advanced N, Slentite, and other high-performance polymers.
Celanese Corp. operates its business in various segments such as engineered materials, acetate tow, acetyl chain. The company offers Celanex thermoplastic polyester, Hostaform, and Celcon acetal copolymer, and other polymers.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/high-performance-polymers-market-industry-analysis
High-performance Polymers Market 2020-2024: Segmentation
The high-performance polymers market is segmented as below:
- Sulfone Polymers
- North America
- South America
- Electrical And Electronics
The high-performance polymers market is driven by the increasing demand from the electrical and electronics sector. In addition, other factors such as the need for lightweight automotives is expected to trigger the high-performance polymers market toward witnessing a CAGR of almost 8% during the forecast period.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.