High Temperature Thermoplastics Market Share

Synopsis of High Temperature Thermoplastics Market

High Temperature Thermoplastics are used in small amounts to add thermal stability to the product. These materials are manufactured by advanced compounding techniques that are used to increase the integrity and structural properties of the materials. They offer recyclability and exceptional strength to the product. Moreover, excellent flexibility, chemical resistance, and durable nature are the important properties that pose as factors influencing the market confidently. Therefore, they are used in various applications such as transportation, electrical & electronics, industrial, medical, and others.

As per our Analysis, the Global High Temperature Thermoplastics Market is bifurcated into the resin type and application. The market by resin type is further divided into fluoropolymers, high performance polyamides, polyphenylene sulfide, sulfone polymers, liquid crystal polymers, aromatic ketone polymers, and polyimide segments. Among these, the fluoropolymers segment holds a major portion of the market on account of its growing use in coaxial cables, tapes, seat heating, and others. This segment provides exceptional chemical resistance, dielectric and UV resistance to the final product. Thus, they are used in aircraft, agriculture and industrial films. It is projected that the aromatic ketone polymers segment is set to grow at a higher CAGR in the end-use industries due to outstanding thermal stability, strength and reliable nature offered by the product. Transportation, electrical & electronics, industrial, medical, and others are segregated on the basis of application. Among these, the transportation segment holds the majority of the market on account of growing use of thermoplastic materials in automotive and aerospace sectors to manufacture high standard and optimized systems such as mechanical gears, and air intake in the industries. Additionally, the medical segment is estimated to witness a rapid growth in the market due to increasing consumption of high standard materials to provide excellent dimensional and mechanical properties to the product.

The Global High Temperature Thermoplastics Market Share by Application

Regional Analysis:

The High Temperature Thermoplastics Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing adoption of lightweight materials in transportation, electrical & electronics, industrial, medical, and others. The transportation segment holds the major portion and is anticipated to continue its dominance in the market due to increasing demand of thermoplastics in aerospace and aviation sectors, during the forecast period. Therefore, countries such as China, Japan and India are the major players in this market.

The North America region is growing significantly due to an increased consumption of heat resistant materials in electrical & electronics, medical, and others. It is predicted that growing investments in the end-use industries is likely to drive the market in the region during the forecast period. The growing consumption of lightweight materials in transportation segment has propelled countries such as the U.S., Canada and Mexico to achieve a stunning growth in the market as they provide excellent thermal stability and chemical resistance to the product.

European market has also observed a remarkable growth due to implementation of new rules and regulations proposed by the government to follow lightweight and biocompatible resins in the industry. The market has been driven by the application of this rule in transportation, electrical & electronics segments. It is estimated that the growing innovation and technological advancement are predicted to propel the growth in the countries such as the U.K, Italy, Germany, and France during the forecast period.

The Latin American region is estimated to witness a recognized development in the market due to the growing consumption of advanced polymers and rising awareness of eco-friendly resins in the industry. Moreover, the Middle East & Africa is anticipated to witness a higher growth in the market due to increasing demand for high temperature polymers in the end-use industries.

Segmental Analysis:

The Global High Temperature Thermoplastics Market is segmented into the resin type, and application. On the basis of the resin type, the market is further categorized into fluoropolymers, high performance polyamides, polyphenylene sulfide, sulfone polymers, liquid crystal polymers, aromatic ketone polymers, and polyimide segments. Among these, the fluoropolymers segment holds a majority of the market share due to extraordinary features offered such as excellent thermal and chemical resistance offered by the product. The aromatic ketone segment is projected to witness a rapid growth in the market owing to growing consumption of lightweight materials in automobile, and aviation sectors. The market by application is further categorized into transportation, electrical & electronics, industrial, medical, and others. Among these, the transportation segment accounts for major share of the market owing to growing replacement of heavy metals by lightweight materials to improve the efficiency and performance of the equipment. The growing demand of thermoplastic polymers in disposable devices is set to drive the medical segment as they provide unique elongation, flexibility and resilience to the product. Therefore, the enhanced mechanical properties, durability and reliable nature are the major reasons behind the consumption of thermoplastics in most of the heavy-end industries.

Key Players:

Some of the prominent players operating in the Global High Temperature Thermoplastics Market are BASF SE (Germany), Celanese Corporation (U.S.), Solvay (Belgium.), Arkema (France), Evonik Industries AG (Germany), DowDuPont ( U.S.), SABIC (Saudi Arabia), Victrex plc (U.K), Royal DSM  (the Netherlands), and TORAY INDUSTRIES, INC (Japan) among others.

Recent DevelopmentMay 2021- EconCore has built new honeycomb cores for laminated sandwich panels fabricated using EconCore’s proprietary technology and Sabic’s NORYL GTX resin, a polyphenylene ether (PPE) blend. The honeycomb core allegedly offers higher heat performance, lower water absorption, and better dimensional stability in comparison with honeycomb structures made using traditional thermoplastics, such as nylon.June 2021- Toray Advanced Composites announced the expansion of its thermoplastic composite material capabilities for superior-performance applications with the launch of a next-generation high-heat laminate press at its Nijverdal, Netherlands, plant. This step progresses the supply of Toray Cetex reinforced thermoplastic composite laminates to be used in high-temperature performance applications in resin systems, including engineering plastics PEEK, LMPAEK, and PEKK.December 2021- an American manufacturer of industrial 3D printers, 3DGence, launched the latest Metal FFF 3D Printer series at the lately ended Formnext 2021 trade show. The latest ELEMENT series of metal FFF 3D printers were released with two printers in the compact and mid-size range, continuing their INDUSTRY series of high-temperature thermoplastic printers.Geographical Analysis:

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Intended Audience

• High Temperature Thermoplastics Market Manufacturers


• Traders and Distributors of High Temperature Thermoplastics Market


• Production Process Industries


• Potential Investors


• Raw Material Suppliers


• Nationalized Laboratory