The global high temperature plastics market is expected to witness a substantial CAGR by 2028. This could be credited to an extensive demand for these plastics due to them being more stable and exhibiting exceptional mechanical properties even on exposure to broad-ranging temperature. The other properties working in their favor include hardness and abrasion, resistance to UV and wear, resistance to chemicals, and resistance to fire. The aerospace vertical primarily drives the market. The other vertical worth mentioning is “coating”. Lightweight materials able to sustain high temperature are imperative in aerospace industry. Besides, plastics are being looked upon as an excellent replacement to metals in various mechanical parts like pulley and gears. As such, the “mechanical” vertical is expected to be the torchbearer in the years to come. Engine parts are also getting replaced with plastic. Access "114" page research report with TOC on "High Temperature Plastics Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/2013-2028-report-on-global-high-temperature-plastics-market On the other hand, Higher initial costs could prove to be the basic restraining factor. Tidbits • Asia Pacific leads the market; followed by North America. This could be attributed to the demand for high temperature plastics in economies like China and the U.S. • The latest trend catching up on this count is that of LATAM assisting market growth; thanks to Brazil. • The players contributing to the market include Bayer Material Science AG; The Dow Chemical Company; Arkema SA; Celanese Corporation; BASF SE; Eastman Chemical Company; Rhodia Engineering Plastics; and Daicel Chemical Industries, Ltd. • Organic growth is being emphasized on. For instance – Ultrason grades from BASF have been specially designed to provide heat resistance. It’s also possible to mold them into highly stressed mass-produced articles and high-quality engineering parts. The high temperature plastics market is segmented as per type, product, and geography. By Type: • Polysulfones • High Performance Polyamides • Polyimides By product: • Fluoropolymers • Liquid Crystal Polymers • Polyketones • Polyphenylene Sulfides • Others By Geography • North America • Asia Pacific • Europe • RoW (Rest of the World)
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