High Performance Polyester Market Research Report- Forecast to 2027

High Performance Polyester Market information- by Application (Strap, Tape, Insulation, Gelcoat, Films and Others), by End Use Industry (Packaging, Building & Construction, Electrical & Electronics, Automotive and Others) and by Region- Forecast till 2027

ID: MRFR/CnM/2741-HCR | February 2021 | Region: Global | 136 pages


High Performance Polyester Market Overview

High Performance Polyester Market is expected to grow at Significant CAGR from 2019 to 2023 as per MRFR Analysis


High Performance Polyesters are polyesters with added properties such as high durability and excellent tensile strength. They exhibit superior properties such as corrosion resistance, high shock absorption, and outstanding elasticity which makes it suitable for end-use industries such as packaging, building & construction, electrical & electronics, automotive and others. High Performance Polyester Strapping Material are easy to clean and safe while handling as compared to steel strapping, thus driving the Global Performance Polyester Market growth over the forecast period. Moreover, increasing demand for light weight automobile parts in automotive sector, is expected to drive the market. In addition, rapid industrialization coupled with rising disposable income drives the market growth. Increasing investment in the construction industry as well as the expansion of packaging sector in developing regions are anticipated to fuel market growth. Growing use of High Performance Polyester as an insulation in electrical & electronics industry is driving market growth over the forecast period. However, rise in demand of bio-plastics in coming years can hamper the market growth further.

High Performance Polyester Market Share by End Use Industry (2016), (%): High Performance Polyester Market

The growing use of High Performance Polyester in insulation and packaging materials is projected to fuel market growth. Recently, the increasing consumption of polyester based strap and tape has propelled the usage of High Performance Polyester in packaging industry.


Regional Analysis:


The Global High Performance Polyester Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to the increasing demand from end use industries such as packaging, building & construction, electrical & electronics, automotive and others. The demand for High Performance Polyester is projected to surge in developing countries such as India, China, and Japan due to growing automotive industry and rise in construction activities as well. Whereas in North America and Europe, manufacturers are adopting production of recyclable products based on High Performance Polyester due to shifting consumer trend towards high usage of recyclable products. North America is expected to witness substantial growth in the usage of High Performance Polyester Market over the forecast period. The U.S is expected to dominate High Performance Polyester Market in the region followed by Mexico and Canada. Latin American countries such as Colombia, Chile, and Brazil are also projected to witness steady growth with the expansion of packaging and automotive industries in these countries. Middle East & Africa high performance polyester demand may observe notable growth due to rising construction activities.


Segmentation:


The Global High Performance Polyester Market is segmented on the basis of applications, end use industries, and regions. Based on the application, the market is segmented into strap, tape, insulation, gelcoat, films and others. On the basis of end use industries, the market is categorized into packaging, building & construction, electrical & electronics, automotive and others. On the basis of regions, this market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.


Key Players:


Some of the prominent players operating in the Global High Performance Polyester Market are Celanese Corporation (U.S), Solvay S.A. (Belgium), DuPont (U.S), Evonik (Germany), Satyen Polymers Pvt. Ltd (India), The Shepherd Chemical Company (U.S), U-PICA Company Ltd. (Japan), Eastman Chemical Company (U.S), Ashland.(U.S), BASF SE (Germany), and others. 


Geographical Analysis:


The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.


Intended Audience:



  • High Performance Polyester manufacturers

  • Traders and Distributors of High Performance Polyester

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant value
  CAGR   Substantial CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Application, End-Use Industry and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Celanese Corporation (U.S), Solvay S.A. (Belgium), DuPont (U.S), Evonik (Germany), Satyen Polymers Pvt. Ltd (India), The Shepherd Chemical Company (U.S), U-PICA Company Ltd. (Japan), Eastman Chemical Company (U.S), Ashland.(U.S), BASF SE (Germany), and others.
  Key Market Opportunities

  • High durability
  • Excellent tensile strength.

    •   Key Market Drivers   High Performance Polyester Strapping Material are easy to clean and safe while handling as compared to steel strapping


    Frequently Asked Questions (FAQ) :

    High performance polyesters are materials with high durability and excellent tensile strength, which makes them suitable for applications such as tape, strap, insulation, films, and gelcoat.

    Packaging, electrical & electronics, building & construction, and automotive are the major end-use industries of high performance polyesters.

    Increasing demand for lightweight parts in the automotive sector, Rapid growth in the major end-user industries, Rising disposable income.

    Asia Pacific holds the largest share in the global high performance polyester market, followed by North America and Europe, respectively.

    Solvay S.A. (Belgium), Celanese Corporation (US), DuPont (US), Satyen Polymers Pvt. Ltd (India), Evonik (Germany), The Shepherd Chemical Company (US), Eastman Chemical Company (US), U-PICA Company Ltd. (Japan), Ashland (US), and BASF SE (Germany), are some of the major players operating in the high performance polyester market.

    TABLE OF CONTENTS:

    1 Executive Summary

    2 Scope of The Report

    2.1 Market Definition

    2.2 Scope of The Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global High Performance Polyester Market

    5 Industry Overview of Global High Performance Polyester Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    5.5 Impact analysis

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global High Performance Polyester Market by Application

    7.1 Introduction

    7.2 Strap

    7.3 Tape

    7.4 Insulation

    7.5 Gelcoat

    7.6 Films

    7.7 Others

    8. Global High Performance Polyester Market by End Use Industry

    8.1 Introduction

    8.2 Packaging

    8.3 Building & Construction

    8.4 Electrical & Electronics

    8.5 Automotive

    8.6 Others

    9. Global High Performance Polyester Market by Region

    9.1 Introduction

    9.2 North America

    9.2.1 US

    9.2.2 Canada

    9.3 Europe

    9.3.1 Germany

    9.3.2. France

    9.3.3 Italy

    9.3.4 Spain

    9.3.5 UK

    9.4 Asia Pacific

    9.4.1 China

    9.4.2 India

    9.4.3 Japan

    9.4.4 Australia

    9.4.5 New Zealand

    9.4.6 Rest of Asia Pacific

    9.5 Middle East & Africa

    9.5.1 Turkey

    9.5.2 Israel

    9.5.3 North Africa

    9.5.4 GCC

    9.5.5 Rest of Middle East & Africa

    9.6 Latin America

    9.6.1 Brazil

    9.6.2 Argentina

    9.6.3 Rest of Latin America

    10. Company Landscape

    11. Company Profiles

    11.1 Celanese Corporation

    11.1.1 Company Overview

    11.1.2 Product/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Solvay S.A.

    11.2.1 Company Overview

    11.2.2 Product/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 DuPont

    11.3.1 Company Overview

    11.3.2 Product/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Evonik

    11.4.1 Company Overview

    11.4.2 Product/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Satyen Polymers Pvt. Ltd.

    11.5.1 Company Overview

    11.5.2 Product/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 The Shepherd Chemical Company

    11.6.1 Company Overview

    11.6.2 Product/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 U-PICA Company.Ltd

    11.7.1 Company Overview

    11.7.2 Product/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 Eastman Chemical Company

    11.8.1 Company Overview

    11.8.2 Product/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Ashland

    11.9.1 Company Overview

    11.9.2 Product/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 BASF SE

    11.10.1 Company Overview

    11.10.2 Product/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    12 Conclusion

    LIST OF TABLES:

    Table 1 World Population by Major Regions (2020-2027)

    Table 2 Global High Performance Polyester Market: By Region, 2020-2027

    Table 3 North America High Performance Polyester Market: By Country, 2020-2027

    Table 4 Europe High Performance Polyester Market: By Country, 2020-2027

    Table 5 Asia-Pacific High Performance Polyester Market: By Country, 2020-2027

    Table 6 Middle East & Africa High Performance Polyester Market: By Country, 2020-2027

    Table 7 Latin America High Performance Polyester Market: By Country, 2020-2027

    Table 8 Global High Performance Polyester by Application Market: By Regions, 2020-2027

    Table 9 North America High Performance Polyester by Application Market: By Country, 2020-2027

    Table 10 Europe High Performance Polyester by Application Market: By Country, 2020-2027

    Table 11 Asia-Pacific High Performance Polyester by Application Market: By Country, 2020-2027

    Table 12 Middle East & Africa High Performance Polyester by Application Market: By Country, 2020-2027

    Table 13 Latin America High Performance Polyester by Application Market: By Country, 2020-2027

    Table 14 North America High Performance Polyester for End use Industry: By Country, 2020-2027

    Table 15 Europe High Performance Polyester for End use Industry: By Country, 2020-2027

    Table 16 Asia-Pacific High Performance Polyester for End use Industry: By Country, 2020-2027

    Table 17 Middle East & Africa High Performance Polyester for End-use Industry: By Country, 2020-2027

    Table 18 Latin America High Performance Polyester for End-use Industry: By Country, 2020-2027

    Table 19 Global Application Market: By Region, 2020-2027

    Table 20 Global End Use Industry Market: By Region, 2020-2027

    Table 21 North America High Performance Polyester Market, By Country

    Table 22 North America High Performance Polyester Market, By Application

    Table 23 North America High Performance Polyester Market, By End Use Industry

    Table 24 Europe: High Performance Polyester Market, By Country

    Table 25 Europe: High Performance Polyester Market, By Application

    Table 26 Europe: High Performance Polyester Market, By End use Industry

    Table 27 Asia-Pacific: High Performance Polyester Market, By Country

    Table 28 Asia-Pacific: High Performance Polyester Market, By Application

    Table 29 Asia-Pacific: High Performance Polyester Market, By End use Industry

    Table 30 Middle East & Africa: High Performance Polyester Market, By Country

    Table 31 Middle East & Africa High Performance Polyester Market, By Application

    Table 32 Middle East & Africa: High Performance Polyester Market, By End use Industry

    Table 33 Latin America: High Performance Polyester Market, By Country

    Table 34 Latin America High Performance Polyester Market, By Application

    Table 35 Latin America: High Performance Polyester Market, By End use Industry



    LIST OF FIGURES:

    FIGURE 1 Global High Performance Polyester Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global High Performance Polyester Market

    FIGURE 4 Value Chain of Global High Performance Polyester Market

    FIGURE 5 Share of Global High Performance Polyester Market in 2020, by country (in %)

    FIGURE 6 Global High Performance Polyester Market, 2020-2027,

    FIGURE 7 Sub segments of End Use Industry

    FIGURE 8 Global High Performance Polyester Market size by End Use Industry, 2020

    FIGURE 9 Share of Global High Performance Polyester Market by End Use Industry, 2020-2027

    FIGURE 10 Global High Performance Polyester Market size by Application, 2020

    FIGURE 11 Share of Global High Performance Polyester Market by Application, 2020-2027