In 2012, dramatic changes occurred in the high-temperature thermoplastic resin industry as Asia Pacific (APAC) surpassed North America in consumption. This change was mainly due to the increasing acceptance of the materials in various application areas and double-digit growth of industrial production in China and India. According to market forecasts, high-temperature thermoplastic resin market is expected to reach 1.8 billion pounds in 2018.
Lucintel, a leading global
Management Consulting and market research firm, has conducted a competitive analysis on this market and presents its findings in “
Opportunities in Global High-Temperature Thermoplastic Resin 2013-2018: Trend, Forecast, and Competitive Analysis.” This study provides a concise overview of the global high-temperature thermoplastic resin market in terms of value and projected annual growth.
In its report, Lucintel discusses the market’s various challenges and opportunities. As a niche segment of the overall resin market, the high-temperature thermoplastic market is unique. Because of the exclusive nature of this market, it is difficult to identify the contribution of players. Another challenge for this market is the price movement of inputs and energy costs that create a barrier to bridge the price-performance gap.
Lucintel’s study encompasses the market’s major drivers. The capability of reducing weight at given modules, greater ductility, and impact resistance than that of metals or thermosets of high-temperature resin is a major driver. Another advantage of high-temperature thermoplastic resin is its availability in various grade and qualities to meet distinct application requirements.
This report highlights different aspects of high-temperature thermoplastic resin market.
Due diligence has been given to the current market scenario. Europe is the current leader in the annual consumption of high-temperature resin.
The global high-temperature thermoplastic resin industry is expected to grow impressively in the near future. Top players need to formulate effective marketing strategies to take advantage of the opportunities.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.
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