The global High-Performance Polymers (HPPS) market size was USD 41.82 Billion in 2022 and is expected to register a revenue CAGR of 9.4% during the forecast period to the latest analysis by Emergen Research. Rapid adoption of HPPS in the automotive sector is a major factor driving the market revenue growth. High-performance polymers are an essential component of medical industry due to their biodegradable, durable, and distinctive shape-changing capabilities. Orthodontic and dental procedures routinely make use of high-performance polymers.
High-performance polymers are used for dental crowns, dental implants, and braces because of their durability, flexibility, and corrosion resistance. Medical devices such as guide wires, catheters, pumps, imaging equipment, and surgically implantable devices all make use of HPPS. The manufacturing of body parts, interiors, exteriors, dashboards, speedometer dials, steering wheels, lock handles, armrests, powertrain engine products, under-the-hood products, and structural products for cars also makes extensive use of high-performance polymers at the moment. Polymers offer weight savings of up to 80% when compared to metals.
The latest research report by Emergen Research, named ‘Global High-Performance Polymers (HPPS) Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the High-Performance Polymers (HPPS) Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall High-Performance Polymers (HPPS) Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the High-Performance Polymers (HPPS) Market
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the High-Performance Polymers (HPPS) market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
BASF SE, 3M, Nemours, Inc., Evonik Industries AG, Celanese Corporation, Sabic, Dow Inc, Arkema, Mitsui Chemicals, Inc, and Solvay S.A
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Emergen Research has segmented the global High-Performance Polymers (HPPS) market on the basis of type, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2019–2032)
- Polyphthalamide (PPA)
- Polyphenylene Sulfide (PPS)
- Polyether Ether Ketone (PEEK)
- Others
Application Outlook (Revenue, USD Billion; 2019–2032)
- Automotive
- Medical
- Aerospace Defense
- Electrical Electronics
- Building Construction
- Others
Regional Outlook (Revenue, USD Billion; 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the High-Performance Polymers (HPPS) Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global High-Performance Polymers (HPPS) Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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