Market Research Report Store Heat Resistant Polymers Market by Type (Fluoropoly
"Heat Resistant Polymers Market by Type (Fluoropolymers, Polyimides, Polyphenylene Sulfide,
PBI, Peek), End-Use Industry (Transportation, Electronics & Electrical), and Region – Global
Forecast to 2021" published in June 2017. It is a professional and in-depth study.
Summary
Market Research Report Store announces a new report"Heat Resistant Polymers"added to its
database.The global heat resistant polymers market is projected to reach USD 16.67 billion by 2021, at
a CAGR of 6.7% from 2016 to 2021. Increasing demand for heat resistant polymers from the
transportation end-use industry, especially in the Asia-Pacific region, is anticipated to drive the demand
for heat resistant polymers in the coming years. In addition, rising demand from the electronics &
electrical industry will also drive the growth of the heat resistant polymers market during the forecast
period. On the other hand, high processing cost of heat resistant polymers is anticipated to be one of the
major restraints for the growth of this market.
Detailed TOC Of Report @
https://www.marketresearchreportstore.com/shop/heat-resistant-polymers-market-by-type-fluor
opolymers-polyimides-polyphenylene-sulfide-pbi-peek-end-use-industry-transportation-electroni
cs-electrical-and-region-global-forecast-to-2021
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“Fluoropolymers type heat resistant polymers constituted for the largest share in the global heat
resistant polymers market”
The fluoropolymers type segment accounted for the largest share of the global heat resistant polymers
market in 2016, and is projected to be the fastest-growing segment from 2016 to 2021. The increase in
use of fluoropolymers in automobile industries in China and India is expected to drive the growth of
this segment globally.
“Transportation end-use industry is anticipated to capture the largest share of the global heat
resistant polymers market in 2016”
The transportation segment of the heat resistant polymers market is estimated to account for the largest
share in 2016. The use of heat resistant polymers to replace conventional materials such as metals,
ceramics, and traditional plastics is a key driver of the growth of this segment. Improving economic
conditions have also boosted the demand for heat resistant polymers in the transportation end-use
industry.
“Asia-Pacific is estimated to be the largest market for heat resistant polymers in 2016”