PUBLISHER: Grand View Research | PRODUCT CODE: 1751510
PUBLISHER: Grand View Research | PRODUCT CODE: 1751510
The global heat resistant polymer market size is anticipated to reach USD 34.74 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 9.9% from 2025 to 2030. The market is likely to be influenced by the growing investments in the aerospace, electronics and the automotive sector.
Heat resistant polymers are resistant to degradation at high temperatures and thus can be extensively used in the transportation,electronics, defense, and bio-medical sector. High temperature resistant polymers are produced from chemicals using a various process, the most popular one being the chain reaction polymerization.
These polymers are consumed in the production of electrical insulations, coal boilers, packaging, and gaskets. Moreover, they are also utilized as raw materials for making high temperature fuel cells in the chemical manufacturing industry. Automotive and aerospace companies are continuously capitalizing their research and development operations to bring in advanced solutions for increasing fuel efficiency of the vehicles by replacing conventional materials.