Global High Temperature Plastics Market to Reach $29.9 Billion by 2030
The global market for High Temperature Plastics estimated at US$17.1 Billion in the year 2022, is projected to reach a revised size of US$29.9 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2022-2030. Fluoropolymers, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$11.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyimides segment is readjusted to a revised 7.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $5 Billion, While China is Forecast to Grow at 6.9% CAGR
The High Temperature Plastics market in the U.S. is estimated at US$5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.3 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR.Select Competitors (Total 84 Featured) -
- 3M Company
- Arkema Group
- Asahi Glass Company Ltd.
- BASF SE
- Chevron Phillips Chemical Company
- China Lumena New Materials Corp.
- Covestro AG
- Daikin Industries Ltd.
- Dongyue Group Ltd.
- Dow Inc.
- DSM Engineering Plastics B.V.
- Evonik Industries AG
- Kuraray Co. Ltd.
- Mitsui Chemicals Inc.
- Performance Plastics Ltd.
- Polyplastics Co. Ltd.
- SABIC Innovative Plastics
- Sumitomo Chemical Co. Ltd.
- Toray Industries Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- Arkema Group
- Asahi Glass Company Ltd.
- BASF SE
- Chevron Phillips Chemical Company
- China Lumena New Materials Corp.
- Covestro AG
- Daikin Industries Ltd.
- Dongyue Group Ltd.
- Dow Inc.
- DSM Engineering Plastics B.V.
- Evonik Industries AG
- Kuraray Co. Ltd.
- Mitsui Chemicals Inc.
- Performance Plastics Ltd.
- Polyplastics Co. Ltd.
- SABIC Innovative Plastics
- Sumitomo Chemical Co. Ltd.
- Toray Industries Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 294 |
Published | April 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 15.5 Billion |
Forecasted Market Value ( USD | $ 24 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |