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Showing posts with the label Heat Resistant Polymers Market

Heat Resistant Polymers Market worth 16.67 Billion USD by 2021

  The Heat Resistant Polymers Market is projected to grow from USD 12.03 Billion in 2016 to USD 16.67 Billion by 2021, at a CAGR of 6.7% from 2016 to 2021. Transportation segment is one of the fastest-growing segment of the global heat resistant polymers market. The transportation end-use segment is estimated to account for the largest share of the heat resistant polymers market in 2016, and is projected to be the fastest-growing segment from 2016 to 2021. This growth is mainly attributed to the increasing use of heat resistant polymers in various automotive components and increasing demand of automobiles in Asia-Pacific and North America region. Polyphenylene sulfide type is the fastest-growing segment of the global heat resistant polymers market. The polyphenylene sulfide segment is projected to be the fastest-growing type segment from 2016 to 2021. Polyphenylene sulfide is temperature resistant. In addition, it has superior properties as compared to other polymers, such...