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Automotive and Aviation Sectors See Huge Potential in Adopting High Performance Polymers and Phenolics Finds Frost & Sullivan - Optimum cost-performance index remains the key factor for HPP in these applications, finds Frost & Sullivan - Chemicals.Frost.com
Automotive and Aviation Sectors See Huge Potential in Adopting High Performance Polymers and Phenolics Finds Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2015/03/18 - Optimum cost-performance index remains the key factor for HPP in these applications, finds Frost & Sullivan - Chemicals.Frost.com.

   
 
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High performance polymers (HPP) and phenolics have made considerable inroads into challenging automotive and aviation applications owing to their superior physical, chemicals and mechanical properties. Technological advancements and strong R&D support along with robust testing and certification processes have further attributed to the rapid adoption of HPP and phenolics in Europe.

New analysis from Frost & Sullivan, Strategic Analysis of the European Market for High Performance Polymers and Phenolics in Automotive and Aviation Applications (frost.com/mae7), finds that significant advancements over the last decade in terms of improved heat, chemical and impact resistance, and enhanced aesthetics have cemented the market for HPP compounds in the under-the-hood (UTH) automotive segment. Meanwhile, fire, smoke and toxicity resistant properties make HPP suitable for use in aviation applications.

With original equipment manufacturers (OEMs) in the automotive and aviation industries continuously looking to lower the weight of their vehicles, polymer, composite and component manufacturers are working closely to develop HPP materials lighter than their metal equivalent.

“Further, the operating temperature in the engine compartment is constantly on the rise owing to OEM initiatives to reduce engine size,” said Frost & Sullivan Materials Senior Research Analyst Soundarya Shankar. “The need for reinforced materials that can withstand high temperature accelerates the use of HPP in Europe.”

However, glass and carbon fibre-reinforced materials too are gaining traction, eating into the share of HPP manufactures in Europe. In addition, HPPs such as polyether ether ketone (PEEK), polyphenylene sulfide (PPS), polyethylene imine (PEI) and phenolics compete with each other in a number of applications.High prices add to the challenge.

“Manufacturers must relentlessly strive to convince automotive OEMs and component manufacturers of the long-term benefits of HPP compounds,” urged Shankar. “It is also critical for material suppliers to offer an optimum price-performance index in order to facilitate uptake in newer applications.”

Over the next few years, the demand for customised solutions in the automotive and aviation industries will lead to partnerships among automotive OEMs and composite, component, resins and compound manufacturers in the European market.

Strategic Analysis of the European Market for High Performance Polymers and Phenolics in Automotive and Aviation Applications is a Market Insight that is part of the Chemicals & Materials (chemicals.frost.com) Growth Partnership Service program. This insight identifies key drivers and restraints, and provides an in-depth analysis with unit shipment, revenue forecasts, pricing trends, and percentage splits across application segments.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

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Strategic Analysis of the European Market for High Performance Polymers and Phenolics in Automotive and Aviation Applications / MAE7-39

 
 
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Automotive and Aviation Sectors See Huge Potential in Adopting High Performance Polymers and Phenolics Finds Frost & Sullivan

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