Jan 5, 2023   SOURCE: BusinessWire

The Worldwide High Temperature Thermoplastics Industry is Projected to Reach $31.8 Billion by 2027 - ResearchAndMarkets.com

The "High Temperature Thermoplastics: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for High Temperature Thermoplastics estimated at US$16.3 Billion in the year 2020, is projected to reach a revised size of US$31.8 Billion by 2027, growing at a CAGR of 10% over the analysis period 2020-2027.

Fluoropolymers (FPs), one of the segments analyzed in the report, is projected to record a 10.3% CAGR and reach US$8.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyamide (HPPA) segment is readjusted to a revised 8.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.4 Billion, While China is Forecast to Grow at 14.4% CAGR

The High Temperature Thermoplastics market in the U.S. is estimated at US$4.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$7 Billion by the year 2027 trailing a CAGR of 14.4% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 9.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.4 Billion by the year 2027.

Polyphenylene Sulfide (PPS) Segment to Record 10.6% CAGR

In the global Polyphenylene Sulfide (PPS) segment, USA, Canada, Japan, China and Europe will drive the 10.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.8 Billion in the year 2020 will reach a projected size of US$3.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 12.2% CAGR through the analysis period.

Select Competitors (Total 43 Featured) -

  • Arkema S.A.
  • BASF
  • Celanese Corporation
  • DIC Corporation
  • Dow, Inc.
  • DuPont de Nemours, Inc.
  • Evonik Industries
  • Freudenberg
  • Polyone Corporation
  • Quadrant Plastics
  • Royal Dsm
  • Sabic
  • Solvay
  • Sumitomo Chemicals
  • Toray Industries, Inc.
  • Victrex

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • High Temperature Thermoplastics - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/mqhip