Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC592
Introduction
A thermoplastic is a polymer material which changes its shape and becomes moldable above a specific range of temperature and solidifies upon cooling. Most thermoplastics possess higher molecular weight and their brittleness is reduced by addition of plasticizers. Thermoplastics witness numerous applications in different industries. For example, it serves as a substitute of glass for aquariums, helmets, lenses of exterior lights of vehicles, etc. These are also used to make fabrics, rope, carpets and musical strings.
Market Dynamics
The market is witnessing significant growth owing to ongoing production of ultra-high molecular weight thermoplastic coupled with sugarcane-based thermoplastics. These trends are expected to drive the market over the forecast years. The market is poised to rise further and this growth is projected to remain intact in the coming years. High temperature thermoplastics (HTTs), due to their special characteristics such as higher chemical resistance, thermal stability, high dielectric strength, less shrinkage, and increased flexibility, is utilized in a various end-use industries such as agriculture, automotive, medical, electronics, industrial, and others..
Market Classification and Overview
The global thermoplastics market can be segmented on the basis of type, application and geography. On the basis of type, the global market can be segmented into commodity thermoplastics, engineering thermoplastics, high performance engineering thermoplastics and others. On the basis of application, the market is segmented as construction, packaging, automotive and transportation, electrical and electronics, sports, furniture, agricultural, medical and others. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. Asia-Pacific market is expected to lead the market growth and is projected to continue its dominance throughout the forecast period owing to growing purchasing power in the developing regions.
Report Coverage
|
Market |
Thermoplastics Market |
|
Analysis Period |
2015 – 2026 |
|
Historic Data |
2015 – 2016 |
|
Base Year |
2017 |
|
Forecast Data |
2018 – 2026 |
|
Market Stratification |
Type, Application, Geography |
|
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
|
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the players operating in the global thermoplastics market include Arkema SA, Asahi Kasei Corporation, BASF SE, Covestro, Celanese Corporation, Chevron Phillips Chemical Company LP, Daicel Corporation, DuPont, Eastman Chemical Company, and Evonik Industries AG among others.
Market Segmentation
Market By Type
o Commodity Thermoplastics
o Engineering Thermoplastics
o High Performance Engineering Thermoplastics
o Others
Market By Application
o Construction
o Packaging
o Automotive and Transportation
o Electrical and Electronics
o Sports and Leisure
o Furniture
o Medical
o Others
Market By Geography
· North America
o U.S.
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
