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Report overview
The global High-Performance Polymers market was valued at US$ 21040 million in 2022 and is projected to reach US$ 28680 million by 2029, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Polymers are broadly classified on their molecular arrangement as amorphous or crystalline. In an amorphous polymer, the molecules are arranged in a random fashion and in a crystalline polymer, the molecules are arranged in a specific order. On the basis of application, polymers are broadly categorized into commodity, engineering, high-performance, and ultra-polymers. Although high-performance polymers fall under the high-cost product, the functionalities and performance offered by them justify their cost.
This report aims to provide a comprehensive presentation of the global market for High-Performance Polymers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High-Performance Polymers. This report contains market size and forecasts of High-Performance Polymers in global, including the following market information:
The introduction of new governmental regulations, the rising focus of major players towards improvising the design and weight of vehicles, and the growing demand for fuel-efficient vehicles, result in an increased demand for lightweight vehicles. Technavio?s research analysis on the global high-performance polymers market has identified the rising need for lightweight automobiles as one of the major factors that will have a positive impact on this market?s growth. Automobile manufacturers in the US are focusing on achieving an average fleet fuel efficiency of around 36 miles per gallon by 2017 and more than 54 miles per gallon by 2025, as set by the corporate average fuel economy (CAFE). This in turn, offers growth opportunities for polymer manufacturers to develop advanced and innovative high-performance polymer automotive components.
We surveyed the High-Performance Polymers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High-Performance Polymers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global High-Performance Polymers Market Segment Percentages, by Type, 2022 (%)
Global High-Performance Polymers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global High-Performance Polymers Market Segment Percentages, by Application, 2022 (%)
Global High-Performance Polymers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global High-Performance Polymers Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies High-Performance Polymers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies High-Performance Polymers revenues share in global market, 2022 (%)
Key companies High-Performance Polymers sales in global market, 2018-2023 (Estimated), (K MT)
Key companies High-Performance Polymers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: