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Heat Resistant Polymers Market is projected to grow from USD 12.03 Billion in 2016 to USD 16.67 Billion by 2021, at a CAGR of 6.7% from 2016 to 2021
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Heat Resistant Polymers Market Heat Resistant Polymers Market is Projected to grow at a CAGR of 6.7% by 2021 View Full Report @ https://bit.ly/2RdLgRL
0bjectives of Research Study • To define, describe, and forecast the heat resistant polymers market based on type, end-use industry, and region • To estimate and forecast the heat resistant polymers market size, in terms of value and volume • To estimate and forecast the heat resistant polymers market based on type and end-use industry in key regions, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and South America • To identify and analyze the key drivers, restraints, and opportunities influencing the heat resistant polymers market • To analyze region-specific trends in North America, Europe, Asia-Pacific, Middle East & Africa, and South America • To strategically identify and profile key market players and analyze their core competencies • To track and analyze recent developments in the heat resistant polymers market, such as partnerships, agreements, collaborations, mergers & acquisitions, new product developments, and expansions View Full Report @ https://bit.ly/2RdLgRL
Introduction • The Heat Resistant Polymers Market is projected to grow from USD 12.03 Billion in 2016 to USD 16.67 Billion by 2021, at a CAGR of 6.7% from 2016 to 2021. • The market for heat resistant polymers is projected to grow with the increasing demand for lightweight and high temperature plastics in the global transportation industry. View Full Report @ https://bit.ly/2RdLgRL
Industry Insights • The fluoropolymer grade segment is estimated to lead the heat resistant polymers market in 2016, in terms of value. • The large share of this segment can be attributed to its versatile properties, such as high chemical resistance, including resistance for solvents, acids, and bases; high dimensional stability; and the most important being the non-stick or friction reducing property. • The transportation segment is estimated to account for the largest share of the heat resistant polymers market in 2016. This large share can be attributed to the increasing applications of heat resistant polymers in vehicles to make vehicles more light, compact, and fuel efficient by replacing metallic parts with these plastics. • The application of heat resistant polymers is aimed to improve the service life of under-the-hood components. Apart from this, heat resistant polymers are lightweight alternatives to metals that corrode when exposed to salts or automotive fluids. View Full Report @ https://bit.ly/2RdLgRL
Regional Insights • Asia-Pacific is estimated to account for the largest market share in 2016, owing to the rise in demand for heat resistant polymers in this region. • The Asia-Pacific heat resistant polymers market is also projected to grow at the highest CAGR during the forecast period. • This growth can be attributed to the increasing demand from the electronics & electrical and transportation end-use industries, which account for the majority share of the total market, and improving economic conditions leading to high demand for electronic goods in China and India. View Full Report @ https://bit.ly/2RdLgRL
Key Players • Companies operating in the global heat resistant polymers market include Arkema SA (France), E. I. du Pont de Nemours And Company (U.S.), Dongyue Group Ltd. (China), DIC Corporation (Japan), Honeywell International Inc. (U.S.), Parkway Products Inc. (U.S.), Schulman AG (U.S.), Caledonian Ferguson Timpson Ltd (Scotland), PanjinZhongrun High Performance Polymers Co. Ltd (China), Quadrant EPP Surlon India Ltd (India), Tri-Mack Plastics Manufacturing Corp. (U.S.), Huntsman Corporation (U.S.), PolyOne Corporation (U.S.), BASF SE (Germany), Evonik Industries AG (Germany), Celanese Corporation (U.S.), Solvay S.A. (Belgium), Victrex PLC (U.K.), Saudi Arabia Basic Industries Corporation (SABIC) (Saudi Arabia), Covestro (Germany), The Dow Chemical Company (U.S.), Daikin Industries, Ltd. (Japan), Kuraray Co., Ltd. (Japan), RTP Company, Inc. (U.S.), and Ensinger GmbH (U.K.). View Full Report @ https://bit.ly/2RdLgRL
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