Critical building block for high-performance polymers in aerospace and specialty chemical applications
Market Overview
North America leads consumption with established supply chains for specialty chemicals
Enables creation of polymers that maintain integrity at temperatures exceeding 300°C
Asia-Pacific emerging as fastest-growing region with rapid aerospace sector expansion
Market Value & Growth Projections
Market Insights:
Global market value (2025): US$ 540 million
Projected market value (2032): US$ 816 million
CAGR: 5.3% (2025-2032)
Aerospace industry: 47% of global production
Chemical industry: 39% of global demand
Key Market Drivers:
Aerospace industry's shift toward lightweight composites
Demand for materials with high thermal stability
Asia-Pacific growth (6.8% projected CAGR)
Space exploration applications requiring extreme condition performance
Emerging opportunities in flexible electronics and battery separators
SEIKA Group
Key Market Players
Chinatech Chemical
