The global High-Performance Polymers (HPPS) market size was USD 41.82 Billion in 2022 and is expected to register a revenue CAGR of 9.4% during the forecast period to the latest analysis by Emergen Research. Rapid adoption of HPPS in the automotive sector is a major factor driving the market revenue growth. High-performance polymers are an essential component of medical industry due to their biodegradable, durable, and distinctive shape-changing capabilities. Orthodontic and dental procedures routinely make use of high-performance polymers.
High-performance polymers are used for dental crowns, dental implants, and braces because of their durability, flexibility, and corrosion resistance. Medical devices such as guide wires, catheters, pumps, imaging equipment, and surgically implantable devices all make use of HPPS. The manufacturing of body parts, interiors, exteriors, dashboards, speedometer dials, steering wheels, lock handles, armrests, powertrain & engine products, under-the-hood products, and structural products for cars also makes extensive use of high-performance polymers at the moment. Polymers offer weight savings of up to 80% when compared to metals.
The research report on the High-Performance Polymers (HPPS) market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the High-Performance Polymers (HPPS) business sphere.
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The leading market contenders listed in the report are:
BASF SE, 3M, Nemours, Inc., Evonik Industries AG, Celanese Corporation, Sabic, Dow Inc, Arkema, Mitsui Chemicals, Inc, and Solvay S.A
The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the High-Performance Polymers (HPPS) market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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