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Showing posts with the label high performance plastics

Fluoropolymers Global Market to Reach US$14.5 Billion by 2032 Led by PVDF Demand in EV Batteries and ESS

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According to this global market research report update by Industry Experts, Inc., the global fluoropolymers market is projected to grow from US$8.3 billion in 2025 to US$14.5 billion by 2032, registering a CAGR of 8.3%, while volume demand is expected to reach 840 thousand metric tons. The market is being significantly driven by rising demand from lithium-ion batteries, semiconductors, and high-performance industrial applications. Fluoropolymers are essential materials known for their chemical resistance, thermal stability, and dielectric properties. Products such as PTFE, PVDF, and FEP are widely used across industries ranging from chemical processing to advanced electronics and energy systems. The Electrical & Electronics sector dominates demand, supported by increasing use of fluoropolymers in semiconductor manufacturing and high-performance insulation. Notably, PVDF has emerged as a key growth driver due to its critical role in lithium-ion batteries used in electr...

High Performance Requirements from Emerging Applications in Key End-use Markets to Drive High Performance Plastics Market to Reach 1 Million MTs by 2022

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Industry Experts published a comprehensive global market report on High Performance Plastics titled ‘ High Performance Plastics – A Global Market Overview ’. This unique report reveals that Asia-Pacific is the largest volume consumer of High Performance Plastics, forecast to be 371.5 thousand metric tons (50.1% share) in 2016, which is also expected to record the fastest 2016-2022 CAGR of 6.8% and reach a projected 550 thousand metric tons by 2022. High performance plastics are used in applications demanding higher requirements than standard and engineering plastics because of their high strength, good chemical resistance, low coefficient of friction, performance at high temperatures, high quality electrical resistance. Major demand driver for the consumption of high performance plastics is the metal and other low performance materials replacement in demanding applications such as automotive, aerospace, electronics and medical, where high temperature resistance and strength is requi...