Lucintel's latest market report analyzed that heat resistant polymer provides attractive opportunities in the electrical & electronics and transportation market. The heat resistant polymer market is expected to reach $XX billion by 2028 with a CAGR of 6% to 8%. In this market, fluoropolymers is the largest segment by product type, whereas transportation is largest by end use industry. Increasing application in motor brush cards, demand in developing nations, and rise in the research and development activities provides strategic growth path in this market.
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Based on product type, the heat resistant polymer market is segmented into fluoropolymers, polyphenylene sulfide, polyimides, polybenzimidazole, and polyether ether ketone. The fluoropolymers segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to polytrophic properties, such as high dimensional stability, high chemical resistance, and resistance to acids, bases, and solvents. Fluoropolymers are used in various applications, such as interconnecting wires, hookup wires, computer wires, and thermocouple wires, owing to its insulation properties.
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The Heat Resistant Polymer Market is marked by the presence of several big and small players. Some of the prominent players offering heat resistant polymer include Honeywell International, BASF, Du Pont, Daikin Industries, DIC Corporation, Evonik Industries, Celanese Corporation, Solvay S.A., PolyOne Corporation, and RTP Company.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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