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Global High Performance Plastics Market to 2027 - Featuring 3M, Arkema, BASF and Daikin Industries Among Others - ResearchAndMarkets.com

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
January 4, 2023 GMT

DUBLIN--(BUSINESS WIRE)--Jan 4, 2023--

The “High Performance Plastics: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for High Performance Plastics estimated at US$20.1 Billion in the year 2020, is projected to reach a revised size of US$40.8 Billion by 2027, growing at a CAGR of 10.7% over the analysis period 2020-2027.

FP, one of the segments analyzed in the report, is projected to record a 11.6% CAGR and reach US$12 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the HPPA segment is readjusted to a revised 10.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.9 Billion, While China is Forecast to Grow at 10.1% CAGR

The High Performance Plastics market in the U.S. is estimated at US$5.9 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2027 trailing a CAGR of 10.1% over the analysis period 2020 to 2027.

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Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10% and 8.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.

PPS Segment to Record 9.7% CAGR

In the global PPS segment, USA, Canada, Japan, China and Europe will drive the 9.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.6 Billion in the year 2020 will reach a projected size of US$5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 11 Featured) -

  • 3M Co.,
  • Arkema SA
  • BASF SE
  • Celanese Corporation
  • Daikin Industries, Ltd.
  • DSM Company
  • E. I. Dupont De Nemours and Company
  • EMS-Chemie AG
  • Evonik Industries AG
  • Kuraray Co., Ltd.
  • Kuraray Europe GmbH
  • Saint-Gobain Performance Plastics Corporation
  • Saudi Basic Industries Corporation (SABIC)
  • Solvay S.A.
  • Victrex PLC

What’s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

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Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • High Performance Plastics - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ks12ur

View source version on businesswire.com:https://www.businesswire.com/news/home/20230104005833/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

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KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2023.

PUB: 01/04/2023 12:26 PM/DISC: 01/04/2023 12:25 PM

http://www.businesswire.com/news/home/20230104005833/en