Printer Friendly

WORLDWIDE DEMAND FOR HIGH-PERFORMANCE THERMOPLASTICS EXCEEDS 90 MILLION POUNDS

 WORLDWIDE DEMAND FOR HIGH-PERFORMANCE THERMOPLASTICS
 EXCEEDS 90 MILLION POUNDS
 FALLS CHURCH, Va., Nov. 6 /PRNewswire/ -- Technology Catalysts International Corporation issued the following:
 During 1990, worldwide demand for high-performance thermoplastics reached a level of 94 million pounds (42,600 metric tons). In its business analysis on "High-Performance Polymers," Technology Catalysts defines these products as those which:
 -- Have a continuous-use service temperature of 150 degrees Celsius or higher without fillers or reinforcements, and
 -- Can be molded with traditional thermoplastic processing methods.
 High-performance polymers are also high cost; prices to the user range as high as $50 per pound. They are therefore used only for the unique balance of properties they confer to an end-product. This can include corrosion/chemical resistance, excellent thermal stability and mechanical properties, and outstanding electrical characteristics. Their relative ease of thermal processing has helped to open markets for such challenging uses as:
 -- Automotive under-the-hood parts.
 -- Precision electrical and electronic components.
 -- Corrosion/chemical resistant mechanical parts for valves, pumps, etc.
 -- Aircraft interior components (several products satisfy regulatory standards for flame retardance and low smoke generation).
 -- Medical devices which require resistance to steam and radiation sterilization.
 The main product classes fitting the definition used for high-performance thermoplastics are:
 -- LCPs
 -- Polyether resins
 -- Polyimides
 -- PPS
 -- Polyarylates
 -- Fluoropolymers
 The United States leads Europe and Japan in consumption of these polymers with over 45 percent of the total, or 42.5 million pounds (19,300 metric tons). Japan and Europe share the balance with 29 percent and 26 percent respectively.
 Tables I and II reveal that PPS is clearly the most important, with a 43.5 percent share of the world's total usage. Fluoropolymers and polyether resins (PEEK, PEK, etc.) follow with 33 percent and 13 percent respectively.
 Tables I and II also show that:
 -- Polyether resins are far stronger in the United States and Europe, the home bases for the major product developers.
 -- While PPS was developed in the United States, the product enjoys strong usage in all three regions, particularly in Japan (as a share of the total).
 -- The largest polyarylate market is in Japan, helped by the efforts of a domestic producer.
 -- The United States is the largest consumer of fluoropolymers, but the other regions are also important users. There are basic producers of this class of high-performance thermoplastic in all three regions.
 Technology Catalysts' study shows that while Japan may be the smallest region of the three in terms of population, it marginally surpasses Europe in total consumption. This may be explained by Japan's leadership in electronics-related and high-technology manufacturing, end uses which have high-performance requirements.
 High-Performance Polymers also:
 -- Provides an overview on the technology associated with the manufacture of these specialized thermoplastics.
 -- Provides commercial and technical intelligence on the product development programs of 52 American, European and Japanese companies.
 -- Discusses the research programs and capabilities at 71 universities and research centers worldwide.
 -- Identifies 44 specific business and licensing opportunities.
 TABLE I


WORLDWIDE CONSUMPTION PATTERN FOR HIGH-PERFORMANCE THERMOPLASTICS(A)
 1990
 U.S. EUROPE
 Million Metric Million Metric
 Product Class Pounds Tons Pounds Tons
 LCPs 1.1 500 0.8 360
 Polyether Resins 7.0 3,200 4.0 1,800
 Polyimides 0.7 320 0.3 135
 PPS 17.0 7,700 11.0 5,000
 Polyarylates 1.1 500 0.3 135
 Fluoropolymers 15.6 7,100 8.1 3,700
 Totals 42.5 19,320 20.5 11,130
 JAPAN WORLD
 Million Metric Million Metric
 Product Class Pounds Tons Pounds Tons
 LCPs 0.8 360 2.7 1,220
 Polyether Resins 1.4 620 12.4 5,620
 Polyimides 1.2 550 2.2 1,005
 PPS 12.8 5,800 40.8 18,500
 Polyarylates 3.6 1,600 5.0 2,235
 Fluoropolymers 7.0 3,200 30.7 14,000
 Totals 26.8 12,130 93.8 42,580
 (A) Products which can be processed by traditional thermal methods.
 TABLE II
 MARKET SHARE OF TOTAL CONSUMPTION BY PRODUCT CLASS
 1990
 (in percent)
 Product Class U.S. Europe Japan World
 LCPs 2.6 3.3 3.0 2.9
 Polyether Resins 16.5 16.3 5.2 13.2
 Polyimides 1.6 1.2 4.5 2.4
 PPS 40.0 44.9 47.8 43.5
 Polyarylates 2.6 1.2 13.4 5.3
 Fluoropolymers 36.7 33.1 26.1 32.7
 Totals 100.0 100.0 100.0 100.0
 -0- 11/6/91
 /NOTE: Sections of the report are available./
 /CONTACT: Paul Weitz of Technology Catalysts, 703-237-9600/ CO: Technology Catalysts International Corporation ST: Virginia IN: CHM SU: ECO MK -- DC032 -- 1909 11/06/91 16:58 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 6, 1991
Words:766
Previous Article:CONNECTICUT $147.7 MILLION G.O.S RATED 'AA+', REMAIN ON FITCHALERT -- FITCH FINANCIAL WIRE --
Next Article:VITAL SIGNS AND BIOMEDICAL DYNAMICS ANNOUNCE PROPOSED ACQUISITION


Related Articles
QUADRAX CORPORATION TO PARTICIPATE IN ARMY ARMORED VEHICLE PROGRAM WITH QUADRAX SHARE ESTIMATED AT MORE THAN $800,000 OVER TWO YEARS.
QUADRAX ANNOUNCES $1.8 MILLION AGREEMENT WITH CANNONDALE BICYCLE AND RECORD BACKLOG
TPE demand to grow 6% per year.
BF Goodrich Acquires Thermoplastic Polyurethane Business from ICI Polyurethanes
U.S. Market for Natural Fiber Composites Exceeds $200 Million in 1999.
US THERMOPLASTIC RESIN DEMAND BY INDEPENDENT COMPOUNDERS TO REACH 7.6 BILLION POUNDS IN THE YEAR 2004.
US thermoplastic compounding by independents to reach 7.7 billion pounds in the year 2006. (News Release).
US polymer nanocomposites demand to exceed 7 billion pounds in 2020.
US injection molded plastics demand to approach 16 billion pounds in 2010.
TPE demand to increase 6% worldwide through 2013.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters