Report Information More information from: https://www.marketresearchfuture.com/reports/4963
High Temperature Thermoplastics Market Research Report- Forecast to 2023 Report / Search Code: MRFR/CnM/3531-HCRR
Publish Date: January, 2019
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Global High Temperature Thermoplastics Market Research Report- Resin Type (Fluoropolymers, High Performance Polyamides, Polyphenylene Sulfide, Sulfone Polymers, Liquid Crystal Polymers, Aromatic Ketone Polymers, Polyimide), Application– Forecast till 2023 Synopsis of High Temperature Thermoplastics Market:
High Temperature Thermoplastics are used in small amounts to add thermal stability to the product. These materials are manufactured by advanced compounding techniques that are used to increase the integrity and structural properties of the materials. They offer recyclability and exceptional strength to the product. Moreover, excellent flexibility, chemical resistance, and durable nature are the important properties that pose as factors influencing the market confidently. Therefore, they are used in various applications such as transportation, electrical & electronics, industrial, medical, and others.
As per our Analysis, the Global High Temperature Thermoplastics Market is bifurcated into the resin type and application. The market by resin type is further divided into fluoropolymers, high performance polyamides, polyphenylene sulfide, sulfone polymers, liquid crystal polymers, aromatic ketone polymers, and polyimide segments. Among these, the fluoropolymers segment holds a major portion of the market on account of its growing use in coaxial cables, tapes, seat heating, and others. This segment provides exceptional chemical resistance, dielectric and UV resistance to the final product. Thus, they are used in aircraft, agriculture and industrial films. It is projected that the aromatic ketone polymers segment is set to grow at a higher CAGR in the end-use industries due to outstanding thermal stability, strength and reliable nature offered by the product. Transportation, electrical & electronics, industrial, medical, and others are segregated on the basis of application. Among these, the transportation segment holds the majority of the market on account of growing use of thermoplastic materials in automotive and aerospace sectors to manufacture high standard and optimized systems such as mechanical gears, and air intake in the industries. Additionally, the medical segment is estimated to witness a rapid growth in the market due to increasing consumption of high standard materials to provide excellent dimensional and mechanical properties to the product.
The Global High Temperature Thermoplastics Market Share by Application: