High Temperature Thermoplastics Market Worth 21.70 Billion USD by 2022

PUNE, India, November 6, 2017 /PRNewswire/ --

The report "High Temperature Thermoplastics Market by End-use Industry (Transportation, Electrical & Electronics, Industrial, Medical), Resin Type (High Temperature FPs, HPPA, PPS, SP, LCP, AKP, PI), Temperature Range, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the market is estimated at USD 14.28 Billion in 2017 and is projected to reach USD 21.70 Billion by 2022, at a CAGR of 8.57% from 2017 to 2022. The market is driven by the replacement of conventional materials with high temperature thermoplastics in high dimensional stability and high temperature applications.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 68 Market Data Tables and 47 Figures spread through 150 Pages and in-depth TOC on "High Temperature Thermoplastics Market"

http://www.marketsandmarkets.com/Market-Reports/high-temperature-thermoplastic-market-174302360.html
Early buyers will receive 10% customization on this report

Transportation industry is at the forefront and is driving the high temperature thermoplastics market 

High temperature thermoplastics are widely used in electrical & electronics, medical, transportation, industrial, and other end-use industries due to their superior properties such as recyclability and improved stability at high temperatures. The transportation end-use industry accounted for the largest market share, in terms of value as well as volume in 2016, followed by electrical & electronics, industrial, medical, and others. The transportation industry includes aerospace and automotive. In automotive industry, HTTs are used in drivetrain systems, fuel systems, cooling & heating systems, electrical & electronics systems, mechanical gears, air intake systems, and so on. The medical end-use industry segment is estimated to grow at the highest CAGR between 2017 and 2022, in terms of value, among all the industries considered.

Get PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=174302360

High temperature thermoplastics (range 302˚F-449.6˚F) segment accounts for a major market share in the high temperature thermoplastics market 

High temperature thermoplastics can be classified into two types: high temperature thermoplastics (range 302˚F-449.6˚F) and extreme temperature thermoplastics (Range >449.6˚F), on the basis of their maximum continuous service temperature. The high temperature thermoplastics (range 302˚F-449.6˚F) segment accounts for the major share in the high temperature thermoplastics market. The extreme temperature thermoplastics (range >449.6˚F) segment is expected to grow at a higher CAGR of 8.95% in terms of value during the forecast period.

High Temperature Fluoropolymers resin-based high temperature thermoplastics segment comprises a major share in the high temperature thermoplastics market in terms of value 

HTTs are of various types, including fluoropolymers, high performance polyamide, polyphenylene sulfide, liquid crystal polymers, aromatic ketone polymers, and polyimides. The fluoropolymers type segment accounted for the largest market share in 2016, in terms of value as well as volume, followed by the high performance polyamide segment. The aromatic ketone polymers segment is estimated to grow at the highest CAGR between 2017 and 2022, in terms of value, among all the types considered due to its outstanding thermal stability, mechanical properties, and chemical resistance.

Asia Pacific is the key region for high temperature thermoplastics market 

The Asia Pacific region is expected to be the largest market for HTTs globally due to the increased demand from transportation, electrical & electronics, medical, and consumer goods industries. Increasing demand for high-quality medical and electronics products, rising population, and growth in end-use industries have led to innovation and developments in these industries, making it a strong industry hub. This growth can primarily be attributed to the growing investments in the healthcare industry. The market players are increasing their production capabilities in the region to meet the growing demand for HTTs.

Some of the key players in the High Temperature Thermoplastics Market are BASF (Germany), Celanese Corporation (US), Solvay (Belgium), Arkema (France), Evonik Industries (Germany), DowDuPont (US), SABIC (Saudi Arabia), Victrex (UK), Royal DSM (Netherlands), and Toray (Japan).

Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=174302360

Browse Related Reports 

High Temperature Resin Market by Type (Epoxy, Silicone, Acrylic, Polyester, Polyethersulfone, Alkyd, Polyurethane, Phenolic, Polyetheramide), Application (Adhesives & Sealants, Paints & Coatings, Composites), and Region - Global Forecast to 2026      

http://www.marketsandmarkets.com/Market-Reports/high-temperature-resin-market-267700647.html 

High Temperature Composite Resin Market by Resin Type (Phenolic, Epoxy, Polyester, Thermoplastic Resin, and Others), by Composite Manufacturing Process (Layup, Filament Winding, Injection Molding, Pultrusion, Compression Molding, and Others), by Application (Transportation, Aerospace & Defense, Building & Construction, Marine, and Others), and by Region - Trends and Forecasts to 2020        

http://www.marketsandmarkets.com/Market-Reports/fst-composite-resin-market-208638888.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets