High-Performance Thermoplastic Market Set to Exceed USD 64.52 billion by 2026: Polaris Market Research The global high-performance thermoplastic market generated USD 64.52 billion in 2017 and is anticipated to grow at a CAGR of 7.3% during the forecast period.
High-Performance Thermoplastics (HPTPs) are highly specialized polymeric compounds with very demanding and specific application. HPTPs are highly priced in comparison to the engineering thermoplastics and have more thermal resistance and enhanced properties. Its global market is primarily driven by the increased investments in the manufacturing of both interior & exterior aerospace and automotive structures.
Request for Sample of This Research Report @ https://bit.ly/2OEZDbv High-performance thermoplastics market is gaining traction on account of increased demand of high-performance plastics in aviation and automotive industry. Such end-uses make use of plastic components that deliver high efficiency in the severe conditions. High rigidity, high impact strength, high resistance to temperature, creep resistance, and better surface quality along with the less product rejection are some of the most important characteristics for its usage in such end-uses.