High Performance Plastic Compounds Market (5.8% CAGR): Global Size & Growth Analysis By Credence Research
April 28, 2021 | by admin |
The global
High Performance Plastic Compounds market reported a revenue of around USD 13,000 million in 2020 and projected to grow at a CAGR of over 5.8% during the forecast period from 2021 to 2027 to reach a value of around USD 25,800 million in 2027.
Global High Performance Plastic Compounds Market, 2020 – 2027 (USD Million)
High performance plastic compounds are an excellent alternative to metal, glass or even ceramics, which are increasingly finding place in most challenging applications owing to their mechanical strength, heat resistance, and chemical attack resistance properties. They have found exceptional potential in applications such as automotive and industrial, renewable energy, medical technology and transport.