The 2023-2028 World Outlook for High Performance Plastics

The 2023-2028 World Outlook for High Performance Plastics

This study covers the world outlook for high performance plastics across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of high performance plastics as including all commonly understood products and/or services falling within this broad category, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include 3M Company, A.Schulman, AGC, Arkema, BASF, Celanese Corporation, CoorsTek, Daikin Airconditioning India, Ltd., DIC Corporation, Dongyue Group, Dover High Performance Plastics, DSM, DuPont de Nemours, E. I. Du Pont De Nemours and Company, Ensinger India Engineering Plastics Private, Ltd., Evonik, Grindwell Norton, Gujarat Fluorochemicals, HaloPolymer Trading, Inc., Kaneka Corporation, KURARAY Company, Kureha, Murtfeldt Kunststoffe GmbH & Company KG, Nylacast Limited Company, Performance Plastics, Polyplastics Company, Quadrant Group, Quantum Polymers, Röchling-Group, RTP Company (U.S.), SABIC, Saint-Gobain Performance Plastics, Saudi Basic Industries Corporation (SABIC), SEKISUI Chemical Company, SICHUAN SUNSHINE Plastics Company, Ltd., Solvay, Sumitomo, Toray Industries, TriStar Plastics Corporation, UBE Industries, and Victrex. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).