The global High-Performance Polymers Market will register an 8% cagr in terms of revenue, the global market size will reach us$ 19.2 million by 2027.
High-Performance polymers differ from conventional commodity polymers in terms of temperature stability, mechanical characteristics, and chemical stability. They're made to meet particular requirements so they can be used in more rugged locations. The market for high-performance polymers has a wide range of industrial applications and is present in almost all major industries. With its use becoming more popular in practically all industries, the high-performance polymer industry is only likely to increase.
The high-performance polymer market has spread to almost every industry. It finds application in a variety of disciplines, from avionics and defence to oil and gas to medical and healthcare, and due to its enhanced thermal, mechanical, and chemical qualities, as well as its durability and lighter weight than other materials, it has been widely adopted by industries. The polycondensation process produces amorphous, semi-crystalline, and liquid crystalline polymers, which make up the majority of high-performance polymers. Polycondensation is a chemical synthesis method for creating polymers with a high molecular mass. These polymers are then treated using a variety of processes, including injection moulding, extrusion, and others, to create usable final products. In some situations, they are also sent for post-processing.
When exposed to extreme environments such as high temperature, high pressure, and corrosive chemicals, High-Performance polymers are known to preserve their ideal mechanical, thermal, and chemical qualities. High-performance polymers are largely utilised to replace traditional materials used in automotive components, such as polymers and metals or alloys. The use of lightweight polymers instead of metal components improves the performance of powertrain systems and engines. High-performance polymer-based powertrain systems and engine components help engines produce more power while reducing noise, vibration, and harshness (NVH).
Top key players in the High-Performance Polymers market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global High-Performance Polymers market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Celanese Corporation, Daikin Industries, Ltd., Daikin Industries, Ltd. (ETR: EVK), Solvay SA (EBR: SOLB), Sumitomo Chemical, Arkema SA (EPA: AKE), DIC Asset AG, DowDuPont, Kuraray, RTP, SABIC, Unitika, BASF SE and other.
BASF introduces Elastollan® high-performance and sustainable drop-in solution for premium synthetic leather applications
December 6, 2021 – With Elastollan® Thermoplastic Polyurethane (TPU), BASF now offers a high-performance and sustainable drop-in solution for premium synthetic leather applications in fashion consumables, furniture, and automotive segments. As both calendaring and extrusion production lines can be used to process Elastollan TPU, PVC manufacturers can utilize its existing calendaring line and ‘drop-in’ Elastollan TPU seamlessly and cost-effectively. Additionally, with Elastollan TPU, synthetic leather can be produced without the use of solvents, meeting stringent VOC standards. Elastollan TPU further contributes to sustainable development as it can be recycled mechanically and chemically.
Market is segmented based on the type, applications, companies and regions.
By type, High-Performance Polymers Market has been segmented into
The end user’s industry application on High-Performance Polymers Market is,
The North American area has dominated the global High-Performance polymers market in terms of region. The usage of electronics and electrical equipment in the medical industries has increased demand for High-Performance polymers in the region. With Europe being a big transportation hub, there is also a desire. As transportation moves toward cleaner energy, Asia Pacific will increase as well.
North america
The High-Performance Polymers market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global High-Performance Polymers market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report attributes | Report details |
Report title | High-Performance Polymers Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: Celanese Corporation, Daikin Industries, Ltd., Daikin Industries, Ltd. (ETR: EVK), Solvay SA (EBR: SOLB), Sumitomo Chemical, Arkema SA (EPA: AKE) |
Forecast period 2022 to 2028 cagr | Cagr of 8% over the forecast period (2022-2027) |
By type |
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By application |
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By companies | Celanese Corporation, Daikin Industries, Ltd., Daikin Industries, Ltd. (ETR: EVK), Solvay SA (EBR: SOLB), Sumitomo Chemical, Arkema SA (EPA: AKE), DIC Asset AG, DowDuPont, Kuraray, RTP, SABIC, Unitika |
Regions covered |
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Countries covered |
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Base year | 2022 |
Historical year | 2017 to 2021 |
Forecast year | 2022 to 2027 |
Number of pages | 108 |
Customization available | Yes, the report can be customized as per your needs |
What is the study period of this Market?
The High-Performance Polymers market is studied from 2017 - 2027.
What is the growth rate of the High-Performance Polymers Market?
The High-Performance Polymers market is growing at a cagr of 8% over the next 5 years.
Who are the key players in High-Performance Polymers Market?
Celanese Corporation, Daikin Industries, Ltd., Daikin Industries, Ltd. (ETR: EVK), Solvay SA (EBR: SOLB), Sumitomo Chemical, Arkema SA (EPA: AKE), DIC Asset AG, DowDuPont, Kuraray, RTP, SABIC, Unitika
What regions does this High-Performance Polymers Market report covers?
North america (the United States, canada, and mexico)
europe (germany, france, uk, russia, and italy)
asia-pacific (china, japan, korea, india, and southeast asia)
south america (brazil, argentina, colombia, etc.)
The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)
What are the significant types of High-Performance Polymers Market?
Fluoro Polymer, Liquid Crystal Polymers, Polyamides, Polyimides, Polyketone
What are the major end-use applications of the High-Performance Polymers Market?
Construction, Printing Inks, Elastomers, Textiles, Water Treatment, Packaging, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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