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High Performance Plastics Market

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High performance plastics are used mainly in high temperature and high pressure applications. These plastics show excellent performance and effectiveness even when exposed to highly reactive chemicals.
HIGH PERFORMANCE PLASTICS MARKET Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2016–2024
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REPORT DESCRIPTION
High Performance Plastics Market Overview
Over the last couple of decades, plastics have emerged as an inseparable part of humankind, finding application in
every fathomable part of daily life. Increased living standards, growing environmental awareness, and sustainable
development thinking are driving demand for new and innovative material plastics. High performance plastics are
used mainly in high temperature and high pressure applications. These plastics show excellent performance and
effectiveness even when exposed to highly reactive chemicals. Due to their high chemicals resistance, low
coefficient of friction, superior performance at high temperature, high strength, and high quality electrical
resistance, these plastics are highly sought as compared to standard or engineering plastics. These plastics are
more expensive and are usually used in very small quantities.
Fluoropolymers, high performance polyamides, sulfone polymers, liquid crystal polymers, polyketones, and
polyimides are among the most commonly used high performance plastics. These materials are used in various
end-use industries such as transportation, medical, and electrical & electronics.
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REPORT DESCRIPTION
High Performance Plastics Market Taxonomy
On the basis of form type, the global market is segmented into:
•
Amorphous Polymers
•
Semi-Crystalline Polymers
•
On the basis of product type, the global market is segmented into:
•
Fluoropolymers (FPS)
•
Polytetrafluoroethylene (PTFE)
•
Polyvinylidene Fluoride (PVDF)
•
Fluorinated Ethylene Propylene (FEP)
•
Fluoroelastomers
•
Polyvinylidene Fluoride (PVF)
•
Ethylene Tetrafluoroethylene (ETFE)
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REPORT DESCRIPTION
High Performance Polyamides
•
Polyamide 11
•
Polyamide 12
•
Polyamide 9T
•
Polyamide 46
•
Polyamide MXD6
•
Polyphthalamide
The transportation segment, which includes automotive, and aviation is the largest end-use segment in global
high performance plastics market. This growth is due to high demand for these plastics in manufacturing exterior
and interior components used in the aerospace and automotive industries. Superior mechanical properties, high
heat stability, and superior chemical resistance of high performance plastics are key factors for extensive use of
these plastics over other standard plastics in such key applications. Polyketones is the fastest-growing product
type segment in the global high performance plastics. This is due to their unique properties that make them
suitable for manufacturing components for various applications such as induction systems, fuel systems, coolant
systems, powertrain, engine components, brake systems, shaft seals, pumps & valves, shaft seals, surgical
equipment, sockets, biotechnology, and transmission components.
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