High Temperature Thermoplastics Market

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High Temperature Thermoplastics MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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High Temperature Thermoplastics MARKET 2020
High Temperature Thermoplastics Market 2020
Industry Survey, Growth, CompetitiveLandscape
and Forecasts to 2023
High Temperature Thermoplastics are produced by
advanced compounding techniques which offers
significant properties such as excellent
flexibility, heat stability, and chemical
resistance to the finished material. Moreover,
they also provide versatility and reliability to
the product. The Global High Temperature
Thermoplastics Market has been driven by the
range of its application in various sectors such
as transportation, electrical electronics,
industrial, medical, and others. Moreover, it is
estimated that the medical segment is set to
witness the highest growth in the market due to
the growing consumption of heat resistant
materials in the sector over the forecast period.
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High Temperature Thermoplastics MARKET 2020
Market Segmentation The Global High
Temperature Thermoplastics Market is segregated
into the resin type and application. On the basis
of the resin type, the market is further
categorized into fluoropolymers, high performance
polyamides, polyphenylene sulfide, sulfone
polymers, liquid crystal polymers, aromatic
ketone polymers, and polyimide segments. The
fluoropolymers segment is the most widely used
resin type in the market due to its growing
consumption in heavy end-use industries such as
transportation, electrical electronics,
industrial, medical, and others. Moreover,
durability and strength are the major factors
behind the popularity of this segment. The
increasing use of aromatic ketone polymers
segment in designing pistons, pumps, valves,
compressors, and others is estimated to drive the
market during the assessment period. Enquiry of
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nquiry/4963
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High Temperature Thermoplastics MARKET 2020
Regional Analysis
The Global High Temperature Thermoplastics Market
is spanned across five key regions Asia Pacific,
North America, Europe, Latin America, and the
Middle East Africa. Among these, Asia Pacific
holds the major portion of the global market and
is anticipated to continue its dominance due to
rising demand for high temperature materials in
various applications. Countries such as China,
Japan and India are the major players in this
region. The North America region is estimated to
witness a higher growth in the U.S., Canada and
Mexico owing to increasing demand for lightweight
materials in transportation, electrical
electronics, and others. The enactment of new
rules and regulations set by the European Union
has driven the manufacturers to use eco-friendly
resin types in the end-use industries. Moreover,
it is projected that the advancing research
development of thermoplastic materials in the
market has propelled this region to witness a
significant growth in Germany, the U.K and Italy.
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High Temperature Thermoplastics MARKET 2020
Application Major Players in this Research
High Temperature Thermoplastics Market Prominent
Players Some of the major players functioning
in the Global High Temperature Thermoplastics
Market are BASF SE (Germany), Celanese
Corporation (U.S.), Solvay (Belgium.), Arkema
(France), Evonik Industries AG (Germany),
DowDuPont ( U.S.), SABIC (Saudi Arabia), Victrex
plc (U.K), Royal DSM (the Netherlands), and
TORAY INDUSTRIES, INC. (Japan) among others.
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