The global high performance plastics market size was valued at USD 20.93 billion in 2021. The market is projected to grow from USD 22.71 billion in 2022 to USD 42.08 billion by 2029, exhibiting a CAGR of 9.2% during the forecast period.

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Fluoropolymers to Surge Demand due to their Dominant Use in End-use Industries

Based on type, the market is segmented into fluoropolymers, polyamides, polyphenylene sulfide (PPS), sulfone polymers (SP), liquid crystal polymers (LCP), and others.

The demand for fluoropolymers is comparatively high due to their massive performance in industries.

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