Market Research Report
High Performance Plastics - Global Market Outlook (2016-2022)
|Published by||Stratistics Market Research Consulting||Product code||521500|
|Published||Content info||178 Pages
Delivery time: 2-3 business days
|High Performance Plastics - Global Market Outlook (2016-2022)|
|Published: February 1, 2017||Content info: 178 Pages||
According to Stratistics MRC, Global High Performance Plastics Market is estimated at $13.26 billion in 2015 and is expected to reach $26.39 billion by 2022 growing at a CAGR of 10.3% from 2015 to 2022. High-performance plastics are plastics that meet higher requirements than standard or engineering plastics. Increasing usage in Aerospace and Automobile industry owing to is speciality property and rapid growth in chemical industry are the key factors fueling the market growth. Whereas high cost compared to other materials and stringent government regulations are the factors hampering market growth.
Among Products, Fluororpolymers (FPS) holds the highest market share in 2015 owing to is vast range of applications. Aromatic Ketone Polymers is expected to grow at highest CAGR during forecast period owing to is physical and chemical properties. Transportation industry accounted for the largest market share whereas medical industry is anticipated to grow at higher CAGR during forecast period. North America accounted for the highest market share as compared to other regions, due to growing usage in medical and electronics industries. The Asia Pacific region is expected to grow at a higher CAGR and is anticipated to account for the highest market share during forecast period owing to increase in automobile and electronic industry in this region.
Some of the key players in the market include Victrex PLC, TriStar Plastics Corporation, Solvay S.A., Sekisui Chemical Co., Ltd., Saudi Basic Industries Corporation (SABIC), Rochling-Group, Quantum Polymers, Quadrant Group of Companies, Murtfeldt Kunststoffe GmbH & Co. KG, Kuraray Co., Ltd., Grindwell Norton Ltd., Evonik Industries AG, Ensinger India Engineering Plastics Private Ltd., E. I. Dupont De Nemours and Company, DuPont, Dover High Performance Plastics, Daikin Industries, Ltd., CoorsTek, Inc., BASF SE, and Saint-Gobain Performance Plastics Corporation.
What our report offers:
Table 1 Global High Performance Plastics Market Outlook, By Region (2013-2022) ($MN)
Note: Tables for North America, Europe, APAC and RoW Regions are also represented in the same manner as above.