Lucintel's latest market report analyzed that heat resistant polymer provides attractive opportunities in the electrical & electronics and transportation market. The heat resistant polymer market is expected to reach $XX billion by 2028 with a CAGR of 6% to 8%. In this market, fluoropolymers is the largest segment by product type, whereas transportation is largest by end use industry. Increasing application in motor brush cards, demand in developing nations, and rise in the research and development activities provides strategic growth path in this market.
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Based on product type, the heat resistant polymer market is segmented into
fluoropolymers, polyphenylene sulfide, polyimides, polybenzimidazole, and
polyether ether ketone. The fluoropolymers segment accounted for the largest
share of the market in 2023 and is expected to register the highest CAGR during
the forecast period, due to polytrophic properties, such as high dimensional
stability, high chemical resistance, and resistance to acids, bases, and
solvents. Fluoropolymers are used in various applications, such as
interconnecting wires, hookup wires, computer wires, and thermocouple wires,
owing to its insulation properties.
Browse in-depth TOC on
“Heat Resistant Polymer Market”
XX – Tables
XX – Figures
150 – Pages
The Heat Resistant
Polymer Market is marked by the presence of several big and small players. Some
of the prominent players offering heat resistant polymer include Honeywell
International, BASF, Du Pont, Daikin Industries, DIC Corporation, Evonik
Industries, Celanese Corporation, Solvay S.A., PolyOne Corporation, and RTP
Company.
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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