The global castor oil-based biopolymer market is projected to reach $3,320.9 million by 2031 from $741.3 million in 2021, growing at a CAGR of 16.7% during the forecast period 2022-2031.
The global high-performance plastic additives market is projected to reach $2,839.3 million by 2031 from $1,045.3 million in 2021, growing at a CAGR of 9.6% during the forecast period 2022-2031.
The global PP compound market for automotive industry is expected to reach $17,324.8 million by 2031, with a CAGR of 5.6% during the forecast period 2021-2031.
The global masterbatch market is estimated to reach $20.5 billion in 2025, at a compound annual growth rate (CAGR) of 6.89% during the period 2019-2025.
The global plastics market accounted for $621.9 billion in 2019 and is expected to reach $758.6 billion by 2025.
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The global sustainable masterbatch market accounted for $538.8 million in 2019 and is expected to reach $934.8 Million by 2025.
The organosheet and semi-finished UD tape laminate Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 12.98%, in terms of value during the forecast period from 2019 to 2029.
The global TPO and TPV PP compound market is expected to grow at a CAGR of 7.21% and 5.90% between 2018 and 2030 in terms of value and volume, respectively.
In terms of value, the global glass-reinforced PP compound market is expected to grow at a CAGR of 8.07% during the forecast period 2018-2030.
The North America PEEK material market is anticipated to reach $335.8 million by 2025, registering a CAGR of 8.36% during the forecast period 2018-2025.
The global recyclable thermoset market was valued at $XX million in 2016 which is expected to reach $704.1 million in 2026 growing at a CAGR of XX% from 2016 to 2026. The growth in the market is attributed to the increasing volumes of thermosetting wastes being generated and the government regulations which ensure the reduction in landfill disposal. The market in terms of volume is expected to gro
The organosheet and semi-finished thermoplastic UD-tape laminate Industry analysis by BIS Research projects the market to grow at a significant CAGR of 10.03% based on value during the forecast period from 2020 to 2030.
The organosheet and semi-finished UD tape laminate Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 12.98%, in terms of value during the forecast period from 2019 to 2029.
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High-Performance Plastics
High-performance plastics are those that surpass the standards set by engineering or standard plastics. They are typically utilized in lesser quantities for important applications like aerospace, defense, medical, or industrial ones. They make up around 1% of the polymers produced globally. The greatest differences between high-performance plastics and regular plastics are their increased heat stability, exceptional chemical resistance, and greater product quality.
Some of the applications of high-performance plastics are mentioned as follows:
- Extreme temperature and shock resistance applications in the aerospace and glass industries
- Hydrolysis resistant and sterilization devices in the medical industry
- High-end drilling equipment in the oil and gas industries
- Devices for X-Ray technology and nuclear industries
The industry has led not only the development of high-performance plastic but has also made these plastics more sustainable for the future. For instance, in 2021, LANXESS developed a polyamide 6 compound using 92% sustainable raw materials. The company considers this a major step toward the circular economy.
The study by BIS Research on high-performance plastics offers detailed insights from various perspectives on different components of the market, including various types and applications.
The applications of high-performance plastics are not being ignored by the business world, and this is evident in our reports. Almost all the syndicated reports on this page show a descriptive picture of growth and prosperity in different industry verticals where high-performance plastics are being used for their cutting-edge business advantage.
BIS Research tracks the technological advancements occurring in the high-performance plastics market along with the raw materials used to produce high-performance plastics that are making their way into the market.
If your business is also interested in being part of this rapid growth, you need reliable information to take profitable market positions and invest in the right opportunities. At BIS Research, we are committed to helping our valued clients make informed and confident business decisions with the help of our research capabilities.
Each syndicated report produced by BIS research employs the Deep Tech M-A-PTM approach. This means that with each high-performance plastics market report, you get a panoramic view of the market. Moreover, every report zooms in on the details to provide you with in-depth insights that would have been missed by the untrained eye. Each report also contains a patent analysis to understand the growing innovation in the market, the start-up landscape to understand the current entry scenario, profiles of leading players, and a detailed analysis of regional markets to offer a more holistic view of the overall market.
If you are looking for market reports you can depend upon, your search ends here. Browse our collection of market research reports for the high-performance plastics market and see why we are the best in the business.
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