High performance plastics market is highly competitive

Update:17-05-2019
Summary:

With the increasing variety of high-performance plastic […]

With the increasing variety of high-performance plastic products and the expansion of their application fields, the market scope is rapidly developing, and the European high-performance plastics market, which is still in the initial growth stage, will maintain an average growth rate of around 10%. High-performance plastics mainly include polyetheretherketone (PEEK), liquid crystalline polymer (LCP), polyetherketoneketone (PEKK), polyphenylene sulfide (PPS), polysulfone (PSU), and polyimide (PI). Etc., they are resistant to high temperatures, chemical corrosion, excellent electrical and mechanical properties, and usually cost much higher than other plastics. Some high-performance plastics can cost as much as 100 euros per kilogram, while typical daily-use plastics cost about 3 euros per kilogram.

Automotive and aerospace are the main applications for high-performance plastics. In 2007, sales of high-performance plastics used in this sector accounted for more than 40% of total sales. The automotive and aerospace industries need to find new materials that are more conducive to reducing the quality of their products and making them easier to recycle. For every 100 kilograms of car quality, the car can save 0.6 liters per 100 kilometers. Therefore, the use of high-performance plastics will increase rapidly in this area.

Due to its excellent corrosion resistance, high-performance plastics will be used more and more in the chemical industry. In addition, electronics manufacturing is also one of the applications of high performance plastics. At present, the electronics manufacturing industry has moved from the traditional manufacturing center Europe to the Far East. Other areas of high performance plastics include medical, electrical, marine, and sports equipment.

Some new application areas will bring unprecedented opportunities to the high performance plastics market. Victrex in the UK has invented a new PEEK coating technology that allows PEEK products to be used in components for cookware, plumbing and automotive engines, and to extend the life of these components. This new PEEK product has excellent high temperature and corrosion resistance and can be used to produce non-stick pans. Advances in LCP technology have made medical devices a new application area.

Europe's increasingly stringent environmental regulations have made high-performance plastics more widely available in this market. The Directive on the Prohibition of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment (ROHS Directive) limits the use of hazardous flame retardants. Polybutylene terephthalate (PBT) used in the electronics field often contains a bromine-containing flame retardant, so its application in the European market is limited. High-performance plastics have unique advantages in the electronics field due to their inherent flame retardant and non-toxic properties. In addition, the ROHS Directive requires solder joints for electronic products to be free of lead, which will result in solder joints soldering at temperatures up to 250 ° C. High performance plastics can meet the high temperature requirements of substrates and are therefore increasingly used for this purpose. field. The Waste Electrical and Electronic Equipment Directive (WEEE Directive) is designed to improve the recycling of electronic products. High-performance plastics are free of harmful additives and easy to recycle, making them a good choice.