High Temperature Thermoplastics Market Report

Market Insights

"The global high temperature thermoplastics market size was estimated at USD 16.51 billion in 2022 and is likely to grow at a CAGR of 8.73% during 2023-2028 to reach USD 27.5 billion in 2028."

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High temperature thermoplastics have a very high melting point between 6500 and 7250 F which is up to 100% more than standard engineering thermoplastics. High temperature thermoplastics can be categorized into high performance polyamide, high temperature fluoropolymers, polyphenylene sulfide, sulfone polymers, liquid crystal polymers, aromatic ketone polymers, and polyimide. They are widely used in industries such as transportation, electrical & electronics, industrial, medical, and others.

Market Dynamics

Market Drivers

The prime factors that are driving the high temperature thermoplastics market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.

Segments' Analysis

By Type

"The high temperature fluoropolymers segment accounted for the largest market share."

The market is segmented as high temperature fluoropolymers, high performance polyamide (HPPA), polyphenylene sulfide (PPS), sulfone polymers (SP), liquid crystal polymers (LCP), aromatic ketone polymers (AKP), and polyimide (PI). The high temperature fluoropolymers segment dominated the market in 2022, and is expected to maintain its position during the forecast period. Sulfone polymers (SP) are expected to witness the highest growth during the forecast period owing to increasing penetration in various end-use industries such as electricals & electronics and industrial.

End-Use Industry Trends

"The transportation segment accounted for the largest market share."

The high temperature thermoplastics market is segmented as transportation, electrical & electronics, industrial, medical, and others. The transportation segment held the largest share of the market in 2022, and is also expected to witness a healthy growth during the forecast period. Medical industry is expected to witness the highest growth during the forecast period.

Regional Insights

"Asia-Pacific accounted for the largest market share."

Asia-Pacific is estimated to be the largest market for high temperature thermoplastics during the forecast period. China, Japan, South Korea, Taiwan, and India are the largest consumer of high temperature thermoplastics in the region. Significant economic development in the region is paving the path of transportation, electricals & electronics, medical, and industrial sectors, leading to a higher demand for high temperature thermoplastics in the region. North America and Europe are also expected to witness a healthy demand for high temperature thermoplastics during the forecast period.

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Key Players

The following are the key players in the high temperature thermoplastics market (arranged alphabetically).

• Arkema
• BASF
• Celanese Corporation
• Dupont
• Evonik Industries
• Royal DSM
• SABIC
• Solvey S.A
• Toray
• Victrex

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s high temperature thermoplastics market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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