MARKET INTRODUCTION
Several other metals that are used in the automotive industry generally decompose when they are exposed to automotive salts or fluids. Though, the high-temperature polymers can withstand these exposures and considered to be the light-weight alternatives to metals. This factor anticipated to influence the evolution of these products in the transportation industry. Fuel systems engine components, coolant systems, brake systems, sockets, and transmission components are some of the important automotive parts where these polymers are used widely. Acceptance of these materials is expected to bring about major developments in the area of automotive and aerospace as well as electronics and electrical application. Products constructed of heat resistant plastics are making considerable progress both in terms of breakthroughs in research & development.
MARKET DYNAMICS
Increasing demand for high temperature polymers in automotive & aerospace industries is anticipated to fuel the market growth at a greater extent. Products fabricated using high temperature polymers are making noteworthy progress both in terms of commercialization and developments in research & development. Replacement of metals in the automotive industry by advance lightweight polymers is expected to fuel the demand over the forecast period. High temperature polymers show great efficiency in heat resilient applications and entice significant interest due to its potential industrial applications.
MARKET SCOPE
The "Global High Temperature Polymers Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the high temperature polymers with detailed market segmentation by type and application. The global high temperature polymers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading high temperature polymers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global high temperature polymers market is segmented on the basis of type into fluoropolymers, polyimides, polyphenylene sulfide, polybenzimidazole (pbi), polyether ether ketone (peek), and others. On the basis of application the high temperature polymers market is segmented into electronics and electrical, transportation, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global high temperature polymers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The high temperature polymers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the high temperature polymers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high temperature polymers market in these regions.
MARKET PLAYERS
The reports cover key developments in the high temperature polymers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from high temperature polymers market are anticipated to lucrative growth opportunities in the future with the rising demand for high temperature polymers in the global market. Below mentioned is the list of few companies engaged in the high temperature polymers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high temperature polymers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Arkema SA
- Evonik Industries AG
- Huntsman Corporation
- Celanese Corporation
- Solvay S.A.
- Kuraray Co., Ltd.
- Dupont
- Victrex PLC
- DIC Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.