Heat Resistant Polymer Market Segmentation:
Type Segment Analysis
The Fluoropolymers segment is expected to dominate the heat resistant polymer market with a share of 36% by 2035. Fluoropolymers are widely used as heat polymers in various industries. They play a role in the electrical and electronics sector due to their exceptional properties, such as chemical resistance and dimensional stability.
Moreover, their insulating properties make them highly sought after for applications, like interconnecting wires, hook up wires, computer wires and thermocouple wires.
End-User Segment Analysis
Heat resistant polymer market from the automotive segment is projected to capture a revenue share of approximately 30% by the year 2035. This growth can be attributed to the adoption of heat polymers instead of stainless steel and other materials which offers several advantages in manufacturing vehicles that are more efficient and durable. As a result, the increasing presence of cars, electric vehicles, autonomous cars and other types of vehicles worldwide is expected to drive growth in this sector throughout the forecast period. For example, it has been estimated that by 2025 there will be 470 million connected cars on roads, across the globe.
Our in-depth analysis of the global market includes the following segments:
|
Type |
|
|
End User |
|
