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Automation Driving the Demand for High-performance Plastics in Industrial Applications, 2027

·3-min read

This research service analyses the global market for HPP in industrial applications. HPPs are segmented into fluoropolymers, ether ketones, polyaryl sulfones (PAS) and polyphenylene sulfides (PPS). Fluoropolymers considered in this study include poly tetraflouroethylene (PTFE), polyvinylidene fluoride (PVDF), ethylene tetrafluoroethylene (ETFE), and fluorinated ethylene propylene (FEP).

New York, Feb. 11, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Automation Driving the Demand for High-performance Plastics in Industrial Applications, 2027" -
Fluoropolymers are further segmented by two end-use applications – chemical industries (including food and pharmaceuticals) and renewable energy/energy storage.Ether ketones considered in this study include polyether ether ketone (PEEK), polyether ketone (PEK) and polyaryl ether ketone (PAEK). They are further classified by applications in renewable energy/ power and oil & gas (O&G)/chemical industries.PAS considered in this study include polysulfone (PSU), polyphenylsulfone (PPSU) and polyether sulfone (PES).Unit shipment and revenue forecasts have been provided for each segment from 2017 to 2027. At the sub-segment level, the analysis focuses on major regions and the competitive environment. Competitive structure and market share data have been provided at the individual segment level. The study also provides a 7-year forecast based on the expected compound average growth rate (CAGR), with 2020 as the base year and the years 2021 to 2027 being the forecast period. The study lists key market participants and the competitive factors that are critical for them to achieve organic growth and gain a solid foothold in the market. It also covers the impact of COVID-19 on the growth and adoption of HPP, with price variations and factors that affect the prices of different HPPs. To assess the current size of the market for HPPs in industrial applications, factors such as end-use sector growth, substitution potential, political, socio-economic, regulatory, environmental, raw material, and technology trends have been taken into consideration. These factors are classified under drivers and restraints and are used in the forecast analysis. The impact of digitalization and its effects on the manufacturing sector, and its subsequent role in the adoption of HPPs, is analyzed. The influence of the Industry 4.0/5.0 megatrend on the adoption of HPPs is also considered.HPPs are further segmented by 4 regions:
• Americas: includes the United States, Canada, and Latin America, including Mexico.
• Europe: includes all European Economic Area (EEA) and European Free Trade Association (EFTA) states (including the United Kingdom), CIS states (including Ukraine), and Israel.
• The Middle East, Africa, and South Asia (MEASA): includes Africa, all Middle Eastern countries (including Turkey), and all South Asian countries (India, Pakistan, Bangladesh, Sri Lanka, and Nepal).
• Asia-Pacific (APAC): includes China, Japan, South Korea, the ASEAN Free Trade Area, Australia, New Zealand, and all other Southeast Asian states.Companies considered in this study include Chemours, Daikin, Dyneon, Dongyue, Arkema, Celanese, Gharda, Sumitomo, Toray, BASF, Solvay, Victrex, DIC, Kureha/Fortron, Teijin/SK, and Evonik.
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