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NEW YORK , Sept. 9, 2022 /PRNewswire/ -- The "Heat Resistant Polymer Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 8.36 billion between 2021 and 2026, expanding at a CAGR of 6.93% during the forecast period. The report considers various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report
The global heat resistant polymer market is fragmented. The market is competitive and relatively consolidated. The vendors are increasing their market share with the help of mergers and acquisitions, which enable them to diversify their product offerings and increase their geographic presence. The demand for heat resistant polymers is expected to increase due to the increase in the formation of new SBUs, leading to the growth of the market in focus during the forecast period.
The report identifies ADEKA Corp., Albemarle Corp., Arkema S.A., Baerlocher GmbH, BASF SE, Celanese Corp., Clariant International Ltd., Covestro AG, DAIKIN INDUSTRIES Ltd., DIC Corp., DuPont de Nemours Inc., Exxon Mobil Corp., Honeywell International Inc., Kuraray Co. Ltd., RAG Stiftung, SABIC, Solvay SA, Songwon Industrial Co. Ltd., The Dow Chemical Co., and Victrex Plc as some of the major market participants.
Although the increasing demand of fluoropolymers across end-users will offer immense growth opportunities, high cost associated with high-performance heat resistant polymers will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here
The global heat resistant polymer market is segmented as below:
The transportation industry is the prime end-user in the market. The segment is driven by the increasing use of heat resistant polymers in automobiles to make them lightweight, compact, and fuel-efficient by substituting metallic elements with heat resistant polymers.
North America is leading the global heat resistant polymer market occupying 35% of the global market share. The regional market is driven by the growth in applications in the end-user industries such as transportation incorporates transportation, automotive, and aviation, electrical and electronics, and construction. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our heat resistant polymer market report covers the following areas:
We provide a detailed analysis of around 25 vendors operating in the heat resistant polymer market. Backed with competitive intelligence and benchmarking, our research report on the heat resistant polymer market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Heat Resistant Polymer Market Scope
Accelerate at a CAGR of 6.93%
North America, Europe, APAC, South America, and Middle East and Africa
US, Canada, China, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
ADEKA Corp., Albemarle Corp., Arkema S.A., Baerlocher GmbH, BASF SE, Celanese Corp., Clariant International Ltd., Covestro AG, DAIKIN INDUSTRIES Ltd., DIC Corp., DuPont de Nemours Inc., Exxon Mobil Corp., Honeywell International Inc., Kuraray Co. Ltd., RAG Stiftung, SABIC, Solvay SA, Songwon Industrial Co. Ltd., The Dow Chemical Co., and Victrex Plc
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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