High Performance Plastics Market

High Performance Plastics Market

High Performance Plastics Market in Transportation Industry by Type (Polyphenylene Sulfide, Polyketones, Fluoropolymers, Thermoplastic Polyimides, High Performance Polyamides), by Application (Automotive, Aviation, Railways & Marine), and by Geography – Forecast 2020-2027

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The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study.

Competitive Rivalry of the High Performance Plastics Market: The leading players in the high performance plastics market include Nexira Inc., Naturex, Indena SPA, NOW Foods, Natac, Xian Yuensun Biological Technology Co. Ltd., Eevia Health, Swanson Health Products, Bio Botanica, and Atrium Innovations, among others.

Drivers of the High Performance Plastics Market: The key drivers contributing to the growth of the high performance plastics market include a favorable government environment, growing usage of high performance plastics by automotive & aviation industries, and increasing demand for plastics with higher temperature stability, chemical resistance, and better mechanical properties across the world. The strong demand from the automotive sector is a major driver for the growth of the global high performance plastics market. In addition to this, the automotive sector has a constant demand for high-strength lightweight materials owing to the various benefits they offer regarding automotive design. This factor has encouraged various automotive giants to opt for high performance plastics close to the ideal configuration available to car manufacturers.

The expanding automotive industry is one of the major factors for the global high performance plastics market during the forecast period. The industry's wide perimeter will allow constant research into car construction materials and the role of high performance plastics in automotive design templates of the future. The continuous growth of the global consumer electronics industry has also been an important factor for the growth of the global high performance plastics market. Moreover, like the 2

automotive industry, the consumer electronics industry has witnessed strong demand due to the increase in the disposable income of urban consumers and the growing prominence of the smartphone in their daily lives.

Market Segmentation: The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below: Breakup by Type: • High Performance Polyamides (PPA, PA 9T) • Polyphenylene Sulfide (PPS, PSU, PES, PPSU) • Polyketones (PEEK, PEKK, PEK, AKP) • Thermoplastic Polyimides(PI, PAI, PEI) • Fluoropolymers (PTFE, PVDF, FEP, ECTFE, Fluoroelastomers) Breakup by Application: • Automotive o Interior o Exterior • Aviation o Interior o Exterior • Railways • Marine Breakup by Region: • North America o United States of America o Canada • Asia Pacific o China o Japan o India 3

o Rest of APAC • Europe o United Kingdom o Germany o France o Spain o Rest of Europe • RoW o Brazil o South Africa o Saudi Arabia o UAE o Rest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all.

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