A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global High
Performance Thermoplastics
market. The study,
titled “High
Performance Thermoplastics Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2020”,
is available for sale on the firm’s website.
High
performance thermoplastics mainly comprise engineering plastics with
high performance standards. Some of the major product types for high
performance engineering plastics include polycarbonate, polyamide,
nylon 66 and PEEK (Polyether Ether Ketone) among others.Polyamide is
among dominant high performance thermoplastic with applications in
various end user industries including automotive, electronics,
construction, sports equipment and other consumer goods. Polyamide,
also known as nylon occurs in nature in form of silk and wool and can
be produced artificially through polymerization. Polyamide 66 and
polyamide 6 are among the most dominant artificially made polyamide
employed mainly in the production of fibers. Polyamides such as
polyamide 11, polyamide 12 are employed primarily as engineering
plastics. Although polycarbonate posses high tensile strength and
thermal stability, it has low scratch resistance that has restrained
market growth for polycarbonate. Polycarbonate is primarily employed
in the automotive application segment.
Get
PDF Brochure for more Professional and Technical insights :
Bio
degradability issues and environmental hazards associated with
production of several high performance thermoplastic including
polyamide and PEEK has restrained market growth for the plastics. On
account of which there has been surge in research and development
activities to develop bio based thermoplastics. Udecanoic acid and
sebacic acid derived from castor oil are among the most dominant raw
materials used in the production of bio based polyamide. Automotives
is the largest application segment for high performance
thermoplastics and the trend is expected to continue in the near
future. Demand for high performance thermoplastics in packaging
applications is expected to outdo other application segments in terms
of growth rate during the forecast period.
Several
end user industries for high performance thermoplastics include
consumer goods hence, GDP growth rate and increasing disposable
income of people in a region are some of the important determinants
for high performance thermoplastics demand in a region.
Characteristics such as light weight, abrasion resistance and
chemical resistance of high performance thermoplastics make it
suitable for transportation applications. Transportation applications
have been a major factor driving demand for high performance
thermoplastics.
Growing
investment in the emerging economies of India, China and Brazil is
expected to drive market growth during the forecast period. Petroleum
based products are used in the production of several high performance
thermoplastics. Therefore, volatile pricing of raw material has been
a major restraint for these polyamides. Increasing research and
development activities to improve efficiency of bio based high
performance thermoplastics is expected to offer huge growth
opportunity in the market.
Asia
Pacific dominates the global demand for high performance
thermoplastics and the trend is expected to continue during the
forecast period. Increasing industrial investment and high economic
growth rate in the emerging economies of India and China has been a
major factor driving demand for high performance thermoplastics in
the region. China dominates the global high performance
thermoplastics both in terms of production and consumption. North
America is the second largest consumer for high performance
thermoplastics.
Browse
Market Research Report with ToC & Analysis :
Demand
for bio based high performance thermoplastics in North America and
Europe is anticipated to grow at a better pace in the near future
primarily owing to government support. Emerging economies in South
America are anticipated to drive the demand for polyamide in the RoW
region.Some of the major players in high performance thermoplastics
market include Ascend Performance Materials Inc., E. I. du Pont de
Nemours and Company and Honeywell International Inc., among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Transparency
Market Research
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