Product Code: ETC4502425 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India high temperature plastics market import shipments demonstrated robust growth with a CAGR of 19.8% from 2020 to 2024. In the latest period, the growth rate moderated slightly to 4.7%, indicating a steady expansion trend with stable momentum.
The high-temperature plastics market in India is witnessing steady growth due to the expanding manufacturing sector and the demand for materials capable of withstanding extreme temperatures. These plastics find applications in aerospace, automotive, electronics, and industrial sectors. The increasing emphasis on lightweight and durable materials is driving the adoption of high-temperature plastics, making it a promising market in India.
The India High Temperature Plastics market is primarily driven by the aerospace, automotive, and electronics industries` need for materials that can withstand elevated temperatures. These plastics are known for their exceptional thermal stability, making them essential in high-temperature applications.
Challenges in the high-temperature plastics market include the need for materials that can withstand extreme heat and maintain their mechanical properties. Regulatory compliance and cost competitiveness are key concerns.
The India high temperature plastics market faced significant challenges due to the COVID-19 pandemic. The lockdowns and supply chain disruptions disrupted the production of high temperature plastics, leading to shortages and increased costs of raw materials. Industries such as aerospace, automotive, and electronics, which are major consumers of high temperature plastics, experienced a downturn in demand during the pandemic. The uncertainty and economic pressures resulting from the pandemic led many manufacturers to reconsider their investment and expansion plans. However, as the situation gradually stabilized and businesses adapted to the new operating conditions, the high temperature plastics market began to recover. The increasing focus on durable and heat-resistant materials, particularly in sectors like automotive and electronics, has positioned the industry for potential growth in a post-pandemic environment.
Major participants in India high-temperature plastics market are companies like RTP Company, Ensinger, SABIC, and Victrex.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India High Temperature Plastics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India High Temperature Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 India High Temperature Plastics Market - Industry Life Cycle |
3.4 India High Temperature Plastics Market - Porter's Five Forces |
3.5 India High Temperature Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India High Temperature Plastics Market Revenues & Volume Share, By End Use Industries, 2021 & 2031F |
4 India High Temperature Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from industries such as automotive, electronics, and aerospace due to the superior properties of high temperature plastics. |
4.2.2 Growing focus on lightweight materials in manufacturing processes to reduce overall weight and improve fuel efficiency. |
4.2.3 Government initiatives promoting the use of high temperature plastics in various applications to meet sustainability goals. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in high temperature plastics production impacting overall manufacturing costs. |
4.3.2 Limited awareness and understanding of the benefits of high temperature plastics among end-users hindering widespread adoption. |
4.3.3 Competition from alternative materials like metals and ceramics that may offer similar high temperature resistance properties. |
5 India High Temperature Plastics Market Trends |
6 India High Temperature Plastics Market, By Types |
6.1 India High Temperature Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India High Temperature Plastics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India High Temperature Plastics Market Revenues & Volume, By Polysulfones, 2021-2031F |
6.1.4 India High Temperature Plastics Market Revenues & Volume, By Polyimides, 2021-2031F |
6.1.5 India High Temperature Plastics Market Revenues & Volume, By Polyphenylene Sulfide, 2021-2031F |
6.1.6 India High Temperature Plastics Market Revenues & Volume, By Fluoropolymers, 2021-2031F |
6.1.7 India High Temperature Plastics Market Revenues & Volume, By Others, 2021-2031F |
6.2 India High Temperature Plastics Market, By End Use Industries |
6.2.1 Overview and Analysis |
6.2.2 India High Temperature Plastics Market Revenues & Volume, By Electrical & Electronic, 2021-2031F |
6.2.3 India High Temperature Plastics Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.4 India High Temperature Plastics Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 India High Temperature Plastics Market Revenues & Volume, By Medical, 2021-2031F |
6.2.6 India High Temperature Plastics Market Revenues & Volume, By Others, 2021-2031F |
7 India High Temperature Plastics Market Import-Export Trade Statistics |
7.1 India High Temperature Plastics Market Export to Major Countries |
7.2 India High Temperature Plastics Market Imports from Major Countries |
8 India High Temperature Plastics Market Key Performance Indicators |
8.1 Research and development investment in new high temperature plastic formulations and technologies. |
8.2 Number of patents filed for high temperature plastic innovations. |
8.3 Adoption rate of high temperature plastics in key industries like automotive, electronics, and aerospace. |
8.4 Environmental impact metrics related to the use of high temperature plastics, such as carbon footprint reduction or energy savings. |
9 India High Temperature Plastics Market - Opportunity Assessment |
9.1 India High Temperature Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India High Temperature Plastics Market Opportunity Assessment, By End Use Industries, 2021 & 2031F |
10 India High Temperature Plastics Market - Competitive Landscape |
10.1 India High Temperature Plastics Market Revenue Share, By Companies, 2024 |
10.2 India High Temperature Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |