Global High-Performance Polymers Market Growth 2023-2029
Polymers are broadly classified on their molecular arrangement as amorphous or crystalline. In an amorphous polymer, the molecules are arranged in a random fashion and in a crystalline polymer, the molecules are arranged in a specific order. On the basis of application, polymers are broadly categorized into commodity, engineering, high-performance, and ultra-polymers. Although high-performance polymers fall under the high-cost product, the functionalities and performance offered by them justify their cost.
LPI (LP Information)' newest research report, the “High-Performance Polymers Industry Forecast” looks at past sales and reviews total world High-Performance Polymers sales in 2022, providing a comprehensive analysis by region and market sector of projected High-Performance Polymers sales for 2023 through 2029. With High-Performance Polymers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High-Performance Polymers industry.
This Insight Report provides a comprehensive analysis of the global High-Performance Polymers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High-Performance Polymers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High-Performance Polymers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High-Performance Polymers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High-Performance Polymers.
The global High-Performance Polymers market size is projected to grow from US$ 20000 million in 2022 to US$ 27970 million in 2029; it is expected to grow at a CAGR of 27970 from 2023 to 2029.
The introduction of new governmental regulations, the rising focus of major players towards improvising the design and weight of vehicles, and the growing demand for fuel-efficient vehicles, result in an increased demand for lightweight vehicles. Technavio’s research analysis on the global high-performance polymers market has identified the rising need for lightweight automobiles as one of the major factors that will have a positive impact on this market’s growth. Automobile manufacturers in the US are focusing on achieving an average fleet fuel efficiency of around 36 miles per gallon by 2017 and more than 54 miles per gallon by 2025, as set by the corporate average fuel economy (CAFE). This in turn, offers growth opportunities for polymer manufacturers to develop advanced and innovative high-performance polymer automotive components.
This report presents a comprehensive overview, market shares, and growth opportunities of High-Performance Polymers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fluoro Polymer
Liquid Crystal Polymers
Polyamides
Polyimides
Polyketones
Polysulfones
Others
Segmentation by application
Mining
Oil & Gas
Automotive
Electronics
Aerospace
Printing Inks
Elastomers
Textiles
Water Treatment
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Celanese Corporation
Daikin Industries
Evonik Industries
Solvay
Sumitomo Chemical
Arkema
DIC Corporation
DuPont
Kuraray
RTP Company
Saudi Basic Industries Corporation (SABIC)
Unitika
Key Questions Addressed in this Report
What is the 10-year outlook for the global High-Performance Polymers market?
What factors are driving High-Performance Polymers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High-Performance Polymers market opportunities vary by end market size?
How does High-Performance Polymers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.