High-Performance Polymers Market (Updated Version Available)

The High-Performance Polymers market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
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.
Countries in North America, especially the US and Canada are the largest consumers of high-performance polymers. The demand for high-performance polymers is increasing in this region and the vendors in the high-performance polymers market are focusing on introducing new polymer products with customized offerings. The growth of the automotive industry, especially in China and India and the rapid industrialization is the major factors fueling the demand for high-performance polymers in APAC.
In the global High-Performance Polymers market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In global market, the following companies are covered:
Celanese Corporation
Daikin Industries
Evonik Industries
Solvay
Sumitomo Chemical
Arkema
DIC Corporation
DuPont
Kuraray
RTP Company
Saudi Basic Industries Corporation (SABIC)
Unitika

Market Segment by Product Type:
Fluoro Polymer
Liquid Crystal Polymers
Polyamides
Polyimides
Polyketones
Polysulfones
Others

Market Segment by Application:
Mining
Oil & Gas
Automotive
Electronics
Aerospace
Printing Inks
Elastomers
Textiles
Water Treatment
Food & Beverage

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the High-Performance Polymers market for the forecast period 2020 - 2025?
• What are the driving forces in the High-Performance Polymers market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the High-Performance Polymers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?