High Performance Plastics Market to be Worth USD 16 Bn by 2022, States Industry Experts in New Report Available at MarketPublishers.com14 Nov 2016 • by Natalie Aster
LONDON – The market for high performance plastics is expected to be worth USD 11.15 billion in 2016. It is expected to showcase sustainable growth at a 6.1% CAGR in the upcoming years. This marketplace is forecast to be worth approximately USD 16 billion by 2022.
Fluoropolymers represent the most widely used type of the plastics globally. They are expected to have a market share of just under 40% in 2016. The market for radiant solar modules offers bright opportunities for Fluoropolymers.
High Performance Polyamides make up the second largest category, and their share is somewhere around 29%. Polyphenylene Sulphide holds the third position in this race, and its share stands at slightly 16%. It is set to demonstrate growth above average owing to the filter bag industry in APAC.
There are many companies in this market space. Some of leading companies comprise: DIC Corporation, Fortron Industries LLC, Solvay SA, Victrex PLC and Kuraray Co.
New research report “High Performance Plastics – A Global Market Overview” drawn up by Industry Experts offers an up-close look at the global market for high performance plastics. The study starts with a brief product outline. It proceeds with a detailed discussion of trends of the marketplace.
The report concentrates on production capacities and limelights producers. The research study delves deep into the competitive landscape and focuses on key companies. It throws light on major business and product trends, as well.
The research report comprises an all-round overview of the global market. The study explores regional marketplaces and key countries like the USA, China, India, France, and more. It also projects future changes in the global space.
More new research studies by Industry Experts can be found at its page.