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Heat Resistant Polymer Market Growth and Regional Forecast 2018 - 2025

The market is likely to be influenced by the growing investments in the aerospace, electronics and the automotive sector. The Global Heat Resistant Polymers Market is expected to reach USD 21.38 billion by 2025, according to a new report by Grand View Research, Inc.


Heat resistant polymers are resistant to degradation at high temperatures and thus can be extensively used in the transportation, electronics, defense, and bio-medical sector. High temperature resistant polymers are produced from chemicals using a various process, the most popular one being the chain reaction polymerization.

These polymers are consumed in the production of electrical insulations, coal boilers, packaging, and gaskets. Moreover, they are also utilized as raw materials for making high temperature fuel cells in the chemical manufacturing industry.

Automotive and aerospace companies are continuously capitalizing their research and development operations to bring in advanced solutions for increasing fuel efficiency of the vehicles by replacing conventional materials.

The fluoropolymer segment accounted the largest market share in 2016 on account of its widespread use in the manufacturing of plastics, coatings, optical, medical, & electronic devices. Polyphenylene sulfide possess properties such as resilience to alkalis, mildew, bleaches, aging, sunlight, and abrasion which is required for manufacturing aerospace equipment.

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The transportation segment accounted for over 50.16% of the total heat resistant polymer market and is projected to witness the maximum growth rate during the forecast period. Wire & cables are used in various application where high tensile strength, solvent resistance, flammability and electrical resistivity is required.

Top Players of Heat Resistant Polymer Market:

Key players include BASF SE, Honeywell International Inc., E. I. Du Pont De Nemours and Company, Daikin Industries, Evonik Industries AG, DIC Corporation, Celanese Corporation, Solvay S.A.

Market Segmentation of Heat Resistant Polymer Market:

The Global Heat Resistant Polymers Market segmented on the basis of Product, End-Use, and Region.

By Product:

    Fluoropolymer
    Polyphenylene sulfide
    Polyimides
    Polybenzimidazole
    Polyether ether ketone

By End-Use:

    Transportation
    Electricals & electronics

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Heat Resistant Polymer Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4637
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