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Heat Resistant Polymer Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 130
  • SKU: IRTNTR74035
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The heat resistant polymer market share is expected to increase by USD 8.36 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.93%.

This heat resistant polymer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers heat resistant polymer market segmentation by end-user (transportation, electronics and electrical, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The heat resistant polymer market report also offers information on several market vendors, including ADEKA Corp., Albemarle Corp., Arkema S.A., Baerlocher GmbH, BASF SE, Celanese Corp., Clariant International Ltd., Covestro AG, DAIKIN INDUSTRIES Ltd., DIC Corp., DuPont de Nemours Inc., Exxon Mobil Corp., Honeywell International Inc., Kuraray Co. Ltd., RAG Stiftung, SABIC, Solvay SA, Songwon Industrial Co. Ltd., The Dow Chemical Co., and Victrex Plc among others.

What will the Heat Resistant Polymer Market Size be During the Forecast Period?

Heat Resistant Polymer Market Size

Download Report Sample to Unlock the Heat Resistant Polymer Market Size for the Forecast Period and Other Important Statistics

 

Heat Resistant Polymer Market: Key Drivers, Trends, and Challenges

The increasing demand for fluoropolymers across end-users is notably driving the heat resistant polymer market growth, although factors such as high cost associated with high-performance heat resistant polymers may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the heat resistant polymer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Heat Resistant Polymer Market Driver

  • The increasing demand of fluoropolymers across end-users is one of the factors driving the heat resistant polymer market growth.
  • Fluoropolymers are one of the widely used polymers used in applications such as coatings, seals, and others. The molecules of fluoropolymers have continuous, non-reactive surfaces that make them resistant to chemicals and heat.
  • The fluoropolymer family consists of polytetrafluoroethylene (PTFE), perfluoroalkoxy (PFA), fluorinated ethylene-propylene (FEP), polychlorotrifluoroethylene (PCTFE), ethylene tetrafluoroethylene copolymer (ETFE), and polyvinylidene fluoride (PVDF). 
  • The presence of the fluorine atom in the polymer chain provides a non-stick feature. Owing to this, the surface of the polymer does not easily bond with other materials, creating resistance against heat flow. Therefore, the increased adoption of fluoropolymers as a heat resisting agent in end-user industries is expected to lead to the growth of the market during the forecast period.

Key Heat Resistant Polymer Market Trend

  • Increasing preferences for thermoplastic polyolefins (TPOs) over polyvinyl chloride (PVC) is one of the key heat resistant polymer market trends fueling the market growth.
  • Several regulations have been formulated on the use of PVC as it contains a vinyl chloride monomer that is known to be a human carcinogen. Therefore, the food packaging industry restricts and even bans the use of PVC in numerous countries. 
  • US Green Building Council (USGBC), the largest green building organization in the US, also declared PVC as an unhealthy building material. Moreover, most Fortune 500 companies have phased out these materials due to their toxic effects.
  • TPO offers better resistance to heat and fungal growth and is also environment-friendly compared to PVC. Therefore, several end-user industries, particularly the food packaging industry, are expected to switch to TPO from PVC during the forecast period.

Key Heat Resistant Polymer Market Challenge

  • The high cost associated with high-performance heat resistant polymers is one of the key factors impeding the heat resistant polymer market growth.
  • The demanding applications dictate the use of efficiently performing polymers such as heat-resistant polymers. 
  • Heat resistant polymers are ten times more expensive than engineering and commodity thermoplastics due to which high-performance heat resistant polymers are seldom used in SMEs.
  • The high cost of heat resistant polymers decreases their consumption globally. Such factors are expected to hinder the growth of the market in the forecasted period.

This heat resistant polymer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global heat resistant polymer market as a part of the global specialty chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the heat resistant polymer market during the forecast period.

Who are the Major Heat Resistant Polymer Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ADEKA Corp.
  • Albemarle Corp.
  • Arkema S.A.
  • Baerlocher GmbH
  • BASF SE
  • Celanese Corp.
  • Clariant International Ltd.
  • Covestro AG
  • DAIKIN INDUSTRIES Ltd.
  • DIC Corp.
  • DuPont de Nemours Inc.
  • Exxon Mobil Corp.
  • Honeywell International Inc.
  • Kuraray Co. Ltd.
  • RAG Stiftung
  • SABIC
  • Solvay SA
  • Songwon Industrial Co. Ltd.
  • The Dow Chemical Co.
  • Victrex Plc

 

This statistical study of the heat resistant polymer market encompasses successful business strategies deployed by the key vendors. The heat resistant polymer market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • arkema.com - The company offers heat resistant polymers such as Kynar PVDF fluoropolymers.
  • basf.com - The company offers heat resistant polymers such as Ultramid endure.
  • celanese.com - The company offers heat resistant polymers such as Liquid crystal polymers.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The heat resistant polymer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Heat Resistant Polymer Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the heat resistant polymer market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Heat Resistant Polymer Market?

Heat Resistant Polymer Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

35% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for heat-resistant polymers in North America. Market growth in this region will be slower than the growth of the market in APAC.

The high demand for fluoropolymers will facilitate the heat resistant polymer market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 negatively impacted the heat resistant polymer market in North America. However, in 2021, the initiation of vaccination drives in the region and the increase in investment inflows into the end-user industries resulted in the reopening of production plants and the resumption of construction projects in the region. Such factors are expected to propel market growth during the forecast period.

What are the Revenue-generating End-user Segments in the Heat Resistant Polymer Market?

Heat Resistant Polymer Market Share

To gain further insights on the market contribution of various segments Request a PDF Sample

The heat resistant polymer market share growth in the transportation segment will be significant during the forecast period. In 2021, the transportation sector held the largest share of the heat resistant polymers market. This substantial proportion can be attributed to their increasing use in automobiles to make them lightweight, compact, and fuel-efficient by substituting metallic elements with heat resistant polymers. Furthermore, the use of heat resistant polymers is intended to extend the service life of vehicle under-the-hood components. This, in turn, will boost the segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the heat resistant polymer market size and actionable market insights on post COVID-19 impact on each segment.

 

Heat Resistant Polymer Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.93%

Market growth 2022-2026

$ 8.36 billion

Market structure

Fragmented

YoY growth (%)

6.11

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key consumer countries

US, Canada, China, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ADEKA Corp., Albemarle Corp., Arkema S.A., Baerlocher GmbH, BASF SE, Celanese Corp., Clariant International Ltd., Covestro AG, DAIKIN INDUSTRIES Ltd., DIC Corp., DuPont de Nemours Inc., Exxon Mobil Corp., Honeywell International Inc., Kuraray Co. Ltd., RAG Stiftung, SABIC, Solvay SA, Songwon Industrial Co. Ltd., The Dow Chemical Co., and Victrex Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Heat Resistant Polymer Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive heat resistant polymer market growth during the next five years
  • Precise estimation of the heat resistant polymer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the heat resistant polymer industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of heat resistant polymer market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Transportation - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Transportation - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Transportation - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Transportation - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Transportation - Year-over-year growth 2021-2026 (%)
    • 5.4 Electronics and electrical - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Electronics and electrical - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Electronics and electrical - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Electronics and electrical - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Electronics and electrical - Year-over-year growth 2021-2026 (%)
    • 5.5 Others - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by End-user
      • Exhibit 40: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Arkema S.A.
              • Exhibit 93: Arkema S.A. - Overview
              • Exhibit 94: Arkema S.A. - Business segments
              • Exhibit 95: Arkema S.A. - Key news
              • Exhibit 96: Arkema S.A. - Key offerings
              • Exhibit 97: Arkema S.A. - Segment focus
            • 10.4 BASF SE
              • Exhibit 98: BASF SE - Overview
              • Exhibit 99: BASF SE - Business segments
              • Exhibit 100: BASF SE - Key news
              • Exhibit 101: BASF SE - Key offerings
              • Exhibit 102: BASF SE - Segment focus
            • 10.5 Celanese Corp.
              • Exhibit 103: Celanese Corp. - Overview
              • Exhibit 104: Celanese Corp. - Business segments
              • Exhibit 105: Celanese Corp. - Key offerings
              • Exhibit 106: Celanese Corp. - Segment focus
            • 10.6 DAIKIN INDUSTRIES Ltd.
              • Exhibit 107: DAIKIN INDUSTRIES Ltd. - Overview
              • Exhibit 108: DAIKIN INDUSTRIES Ltd. - Business segments
              • Exhibit 109: DAIKIN INDUSTRIES Ltd. - Key offerings
              • Exhibit 110: DAIKIN INDUSTRIES Ltd. - Segment focus
            • 10.7 DuPont de Nemours Inc.
              • Exhibit 111: DuPont de Nemours Inc. - Overview
              • Exhibit 112: DuPont de Nemours Inc. - Business segments
              • Exhibit 113: DuPont de Nemours Inc. - Key offerings
              • Exhibit 114: DuPont de Nemours Inc. - Segment focus
            • 10.8 Kuraray Co. Ltd.
              • Exhibit 115: Kuraray Co. Ltd. - Overview
              • Exhibit 116: Kuraray Co. Ltd. - Business segments
              • Exhibit 117: Kuraray Co. Ltd. - Key offerings
              • Exhibit 118: Kuraray Co. Ltd. - Segment focus
            • 10.9 RAG Stiftung
              • Exhibit 119: RAG Stiftung - Overview
              • Exhibit 120: RAG Stiftung - Product / Service
              • Exhibit 121: RAG Stiftung - Key offerings
            • 10.10 SABIC
              • Exhibit 122: SABIC - Overview
              • Exhibit 123: SABIC - Business segments
              • Exhibit 124: SABIC - Key offerings
              • Exhibit 125: SABIC - Segment focus
            • 10.11 Solvay SA
              • Exhibit 126: Solvay SA - Overview
              • Exhibit 127: Solvay SA - Business segments
              • Exhibit 128: Solvay SA - Key news
              • Exhibit 129: Solvay SA - Key offerings
              • Exhibit 130: Solvay SA - Segment focus
            • 10.12 Victrex Plc
              • Exhibit 131: Victrex Plc - Overview
              • Exhibit 132: Victrex Plc - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 133: Inclusions checklist
                • Exhibit 134: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 135: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 136: Research methodology
                • Exhibit 137: Validation techniques employed for market sizing
                • Exhibit 138: Information sources
              • 11.5 List of abbreviations
                • Exhibit 139: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Heat Resistant Polymer Market market growth will increase by $8.36 bn during 2022-2026.
              The heat resistant polymer market market is expected to grow at a CAGR of 6.93% during 2022-2026.
              Technavio has segmented the heat resistant polymer market market by end-user (Transportation, Electronics and electrical, and Others) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              ADEKA Corp., Albemarle Corp., Arkema S.A., Baerlocher GmbH, BASF SE, Celanese Corp., Clariant International Ltd., Covestro AG, DAIKIN INDUSTRIES Ltd., DIC Corp., DuPont de Nemours Inc., Exxon Mobil Corp., Honeywell International Inc., Kuraray Co. Ltd., RAG Stiftung, SABIC, Solvay SA, Songwon Industrial Co. Ltd., The Dow Chemical Co., Victrex Plc are a few of the key vendors in the heat resistant polymer market market.
              North America will register the highest growth rate of 35% among the other regions. Therefore, the heat resistant polymer market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the heat resistant polymer market market growth are:
              • Increasing demand of fluoropolymers across end-users
              • Increasing preferences of thermoplastic polyolefins (TPOs) over polyvinyl chloride (PVC)
              The heat resistant polymer market market vendors should focus on grabbing business opportunities from the transportation segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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