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LAMEA Heat Resistant Polymer Market Size, Share & Trends Analysis Report By End Use, By Product, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 139 Pages
  • December 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6033786
The Latin America, Middle East and Africa Heat Resistant Polymer Market is expected to witness market growth of 8.3% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 227.41 Kilo Tonnes, showcasing a growth of 7.1% (2024-2031).

Fluoropolymers are widely used heat-resistant polymers known for their exceptional chemical resistance, non-stick properties, and thermal stability. Applications span industrial coatings, wire insulation, and gaskets, where durability under extreme conditions is crucial. Their low friction coefficient and weather resistance make them ideal for harsh environments, such as chemical processing and automotive systems. Thus, the Fluoropolymers segment in Brazil market consumed a volume of 16.30 Kilo Tonnes in 2023.



The Brazil market dominated the LAMEA Heat Resistant Polymer Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $750 million by 2031. The Argentina market is showcasing a CAGR of 9.1% during 2024-2031. Additionally, the UAE market would register a CAGR of 7.9% during 2024-2031.

In manufacturing, heat-resistant polymers are integral to components like bearings, gears, and housings in machinery operating under high thermal and mechanical loads. For example, Siemens incorporates these materials in automated production lines and industrial equipment to ensure precision and efficiency. Applications of renewable energy, such as wind turbines and solar panels, also derive advantages from polymer-based insulation and coatings that enhance both durability and energy efficiency.

The growing emphasis on space exploration and satellite launches has markedly heightened the demand for heat-resistant polymers, which are crucial for spacecraft components that must withstand extreme temperatures, fluctuations in pressure, and radiation exposure. These materials, such as polyimides, PEEK, and fluoropolymers, are used in thermal protection systems, wiring insulation, and spacecraft structural parts.

The heat resistant polymer market in Saudi Arabia is closely linked to its dominance in petrochemicals and its ambitious renewable energy goals. As a part of Vision 2030, Saudi Arabia is diversifying its economy by investing in green technologies, including solar energy projects like the Kingdom Solar 2030 Initiative, which requires durable materials for photovoltaic systems. Additionally, the petrochemical sector, a cornerstone of the Saudi economy, uses heat-resistant polymers in chemical processing equipment and pipelines that endure high temperatures and corrosive environments. Companies like SABIC are pivotal in developing and supplying advanced polymer solutions to meet the country’s industrial needs. Hence, the region is expected to grow rapidly in the coming years.

List of Key Companies Profiled

  • BASF SE
  • The Dow Chemical Company
  • DuPont de Nemours, Inc.
  • Sumitomo Electric Industries, Ltd.
  • Saudi Basic Industries Corporation (SABIC)
  • Exxon Mobil Corporation
  • Arkema S.A.
  • Celanese Corporation
  • LyondellBasell Industries Holdings B.V.
  • INEOS Group Holdings S.A.

Market Report Segmentation

By End Use (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Automotive & Transportation
  • Electronics & Electrical
  • Other End Uses
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Fluoropolymer
  • Polyphenylene Sulfide
  • Polyimides
  • Polybenzimidazole
  • Polyether Ether Ketone
  • Other Products
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Heat Resistant Polymer Market, by End Use
1.4.2 LAMEA Heat Resistant Polymer Market, by Product
1.4.3 LAMEA Heat Resistant Polymer Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Heat Resistant Polymer Market by End Use
4.1 LAMEA Automotive & Transportation Market by Country
4.2 LAMEA Electronics & Electrical Market by Country
4.3 LAMEA Other End Uses Market by Country
Chapter 5. LAMEA Heat Resistant Polymer Market by Product
5.1 LAMEA Fluoropolymer Market by Country
5.2 LAMEA Polyphenylene Sulfide Market by Country
5.3 LAMEA Polyimides Market by Country
5.4 LAMEA Polybenzimidazole Market by Country
5.5 LAMEA Polyether Ether Ketone Market by Country
5.6 LAMEA Other Products Market by Country
Chapter 6. LAMEA Heat Resistant Polymer Market by Country
6.1 Brazil Heat Resistant Polymer Market
6.1.1 Brazil Heat Resistant Polymer Market by End Use
6.1.2 Brazil Heat Resistant Polymer Market by Product
6.2 Argentina Heat Resistant Polymer Market
6.2.1 Argentina Heat Resistant Polymer Market by End Use
6.2.2 Argentina Heat Resistant Polymer Market by Product
6.3 UAE Heat Resistant Polymer Market
6.3.1 UAE Heat Resistant Polymer Market by End Use
6.3.2 UAE Heat Resistant Polymer Market by Product
6.4 Saudi Arabia Heat Resistant Polymer Market
6.4.1 Saudi Arabia Heat Resistant Polymer Market by End Use
6.4.2 Saudi Arabia Heat Resistant Polymer Market by Product
6.5 South Africa Heat Resistant Polymer Market
6.5.1 South Africa Heat Resistant Polymer Market by End Use
6.5.2 South Africa Heat Resistant Polymer Market by Product
6.6 Nigeria Heat Resistant Polymer Market
6.6.1 Nigeria Heat Resistant Polymer Market by End Use
6.6.2 Nigeria Heat Resistant Polymer Market by Product
6.7 Rest of LAMEA Heat Resistant Polymer Market
6.7.1 Rest of LAMEA Heat Resistant Polymer Market by End Use
6.7.2 Rest of LAMEA Heat Resistant Polymer Market by Product
Chapter 7. Company Profiles
7.1 BASF SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 The Dow Chemical Company
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 DuPont de Nemours, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Sumitomo Electric Industries, Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 SABIC (Saudi Arabian Oil Company)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 SWOT Analysis
7.6 Exxon Mobil Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Arkema S.A.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Celanese Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 LyondellBasell Industries Holdings B.V.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. INEOS Group Holdings S.A.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis

Companies Mentioned

  • BASF SE
  • The Dow Chemical Company
  • DuPont de Nemours, Inc.
  • Sumitomo Electric Industries, Ltd.
  • Saudi Basic Industries Corporation (SABIC)
  • Exxon Mobil Corporation
  • Arkema S.A.
  • Celanese Corporation
  • LyondellBasell Industries Holdings B.V.
  • INEOS Group Holdings S.A.

Methodology

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