Monday, March 4, 2019

High Temperature Plastics Market, By Application: Highest Growth in Demand is Expected to Be Observed in Transportaion End-Use Industry

According to a new market research report "High Temperature Plastics Market by Type (Fluoropolymers, Polyphenylene Sulphide, Polysulfones, Polyimides and Others), by End-Use industries (Transportation, Electrical & Electronic, Industrial, Medical, and Others) - Global Trends & Forecast to 2019" the high temperature plastics market is projected to grow from $ 9,005.65 million in 2014 to $13,317.95 million by 2019, with a CAGR of 6.8% between 2014 and 2019. It also explains the driving and restraining factors of the global high temperature plastics market with an analysis of trends, opportunities, and challenges.

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The top players of the industry are profiled in detail with their recent developments and other strategic industry activities. These include Solvay S.A. (Belgium), SABIC Innovative Plastics (The Netherlands), E. I. du Pont de Nemours and Company (U.S.), Celanese Corporation (U.S.), Victrex plc. (U.K.), and others.

On the basis of types: The high temperature plastics market is further segmented into sub categories as follows:
  • Fluoropolymers
  • Polyphenylene Sulfide
  • PolySulfone
  • Polyimides, and
  • Others
On the basis of applications: The high temperature plastics market is further segmented into sub categories as follows:
  • Transportation
  • Electrical & Electronics
  • Industrial
  • Medical, and
  • Others
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The high temperature plastics market is segmented by type, by application, and by geography. The market size of each region such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) is projected in the report. The key countries such as U.S., China, Germany and Japan are covered and their market size is forecasted along with their growth rates.

Fluoropolymers: Largest market segment

Fluoropolymers is the single-largest segment, holding more than 47% share of the global high temperature plastics market in 2014 and is projected to grow with a CAGR of 5.3% between 2014 and 2019. Asia-Pacific is the largest market for fluoropolymers and North America fallowed to be second largest market in 2014.

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