High-performance plastics meet higher requirements when compared over engineering or standard plastics. High-performance plastics own extra properties when compared to other engineering or standard plastics such as high quality electrical resistance, performance at high temperatures, low coefficient of friction, high strength and good chemical resistance. Key product types for high performance engineering plastics comprise nylon 66, polyamide, PEEK (Polyether Ether Ketone) and polycarbonate among others.

Market Dynamics

Increasing usage in automobile and aerospace industry and quick advancement in chemical industry are majorly driving the growth of this market. Whereas stringent government regulations and expensive material cost over other materials are some factors fettering the market growth. Surge in income levels among various end-users, infrastructure development, rapid urbanization are few factors expected to boost growth of this market in near future.

Market Classification

The market can be bifurcated on the basis of classification, application and geography. By classification, high performance engineering plastics market can be segmented into PPS, PAR and LCP. By application, high performance engineering plastics market can be segmented into automotive industry, machinery equipment and electrical and electronics. On the basis of geography, the high performance engineering plastics market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in high performance engineering plastics market include

• Invista
• BASF SE
• Shenma Industrial Co., Ltd.
• Solvay
• Royal DSM
• Asahi Kasei Corp.
• Dupont
• Ascend Performance Materials LLC
• Radici Group
• Others

Market Segmentation

Market By Classification

• PPS
• PAR
• LCP

Market By Application

• Automotive Industry
• Machinery Equipment
• Electrical and Electronics

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA