"High performance Plastics Market" provides detailed market segment level data on the international market. The Global High performance Plastics Market report addresses forecast and growth patterns by company, regions and type or application from 2017 to 2024.

Pune, India -- (SBWire) -- 07/13/2018 --New analysis of Global High Performance Plastics Market research report is a precise investigation of current scenario of the market, which covers several market dynamics. Market accounted for USD 18.32 billion in 2016 and projected to grow at a CAGR of 9.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Drivers of Global High performance Plastics Market

- Growing use of HPPS in automotive and aerospace industries
- Replacement of conventional materials by HPPS
- Improving economic conditions
- High cost of HPPS in comparison to other conventional materials
- High competition from hybrid polymers and composites

Definition of Global High performance Plastics Market

High performance plastic is playing the vital role in various sectors especially in automotive industry because of its light weightiness. The light weight of plastics makes for more fuel efficient vehicles. Moreover it deals with minimal corrosion, allowing for longer vehicle life. Growing use of HPPS in automotive and aerospace industries may act as the major driver in the growth of high performance plastics market. High competition from hybrid polymers and composites may hamper the market. It is widely applicable in transportation, medical, industrial, electrical & electronics.

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Market Players of Global High performance Plastics Market

- Daikin Industries, Ltd.,
- Celanese Corporation,
- Solvay,
- BASF SE,
- Arkema Group Social Media Hub,
- EVONIK,
- KURARAY CO., LTD.,
- DuPont,
- Victrex plc,
- SABIC,
- SEKISUI CHEMICAL CO., LTD.,
- Saint-Gobain Performance Plastics,
- Quadrant Group Limited,
- TriStar Plastics Corp.
- Among others.

Reasons to Purchase this Report

Current and future of global high performance plastics market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

Regions/countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

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