The Global Advanced Polymer Screws Market Size is expected to grow from $4.0 billion in 2021 to $5.6 billion by 2028, at a CAGR of 3.7% during the forecast period (2021-2028). The growth of this market can be attributed to increasing demand for lightweight and corrosion-resistant components in various industries such as chemical processing, aerospace & military, medical, power generation, and oil & gas among others.
Advanced Polymer Screws are screws with polymers as their head, which provide a number of benefits over standard metal fasteners such as lower weight and corrosion resistance. The screws are made of advanced polymers that provide an advantage over metal fasteners in terms of corrosion resistance. Advanced Polymer Screws can be used to improve the efficiency and performance of a wide range of machinery such as drilling rigs, wind turbines, compressors, and power plants.
On the basis of Types, the market is segmented into PC, PPS, RENY, PEEK, PVDF, and PP.
PC Advanced Polymer Screws are made of polycarbonate resin, which is a polymer that has been processed to form rigid plastic material. PC Advanced Polymer Screws are the most common type of screw-in use today owing to their high mechanical strength and low-cost production properties.
PPS Advanced Polymer screws are made from polymer polyphenylene sulfide (PPS) and are a type of advanced material screw. They have several key features that contribute to their superiority over conventional materials, such as reduced friction coefficients; resistance to corrosion; high-strength fibers in PEEK composite for more durability and strength under higher temperatures than other types of advanced materials crews.
RENY screws are a type of polymer resin that is used to create screws. RENY stands for "Reaction Injection Molding". This process injects the material into an open mold and then forms it until it reaches its desired shape. Polymer resins such as PEEK, PVDF, and PP can be used in this process. The downside is that these materials are more expensive than other types of polymer resin with similar mechanical properties like PC or PAES. So while they may have better performance, most producers opt not to use them because their cost-effectiveness isn’t there yet.
PEEK Advanced Polymer Screws are made from a polymer material called polyetheretherketone (PEEK). PEEK is the most expensive, but also one of the strongest materials for this type of product. They can provide up to 90% load-bearing capacity and have been used in medical devices such as surgical plates. It has even be said that it could replace titanium screws in some cases while being priced at half the cost. This makes them really desirable for companies trying to save money on manufacturing costs.
PVDF Advanced Polymer Screws are also known as PVDF polymer composite screws. They consist of a metal screw body and a fiber-reinforced polyester matrix that is shaped into thread form by either injection molding or extrusion-spinning techniques. Compared to traditional stainless steel, the use of this material has many benefits such as less weight, electrical insulation performance (lower rigidity) addition to chemical and corrosion resistance properties.
PP Advanced Polymer Screws is a type of polypropylene that has been modified to produce properties similar to those found in metals. It can be used as an alternative for metal screws, or simply stand-alone with no need for any other material support.
On the basis of Application, the market is segmented into Chemical Processing, Aerospace and Military, Medical, Power Generation, Oil & Gas, and Water Systems.
Chemical processing is one of the major application sectors for advanced polymer screws. The use of high-performance plastics in chemical processes can help improve efficiency, lower operating costs, and reduce environmental impact. Polymer materials are lighter than metals or ceramics. Furthermore, they have excellent thermal insulation properties which help to maintain process temperatures more effectively without waste heat loss; this increases overall energy efficiency and reduces operational cost.
Advanced polymer screws are finding increased use in aerospace and military applications due to their high resistance against corrosion when compared with other materials like stainless steel. The long-term exposure of the advanced polymer screw product can lead to warping, as well as corrosion problems which need to be addressed by using specialized coatings or additives that improve durability.
Advanced polymer screws are being used in medical applications. The major application of these screws is for the fixation and stabilization of bones that have been broken or fractured during a traumatic incident.
The Advanced Polymer Screws in Power Generation is typically a screw that has been designed for the specific purpose of power generation. Unlike traditional metal-based screws, these polymeric-based screws can be lighter and more efficient at generating electrical energy. They have also been known to generate less noise than metal-screw counterparts. The majority of these types of screws are used as an alternative to coal or other fossil fuels which emit harmful gases into the atmosphere when burned.
Advanced Polymer Screws are mainly used in the Oil & Gas industry. Advanced polymer screws have low viscosity and provide better sealing properties than metal screws, which is advantageous for the oil refining process.
Water systems are one of the most essential avenues for the use of Advanced Polymer Screws. These include water supplies, sewage treatment, and wastewater recycling plants along with their distribution networks. The benefits offered by these products cannot be overstated as they provide an effective long-term solution to corrosion in a host of vital public infrastructure projects.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and the Middle East & Africa. In North America, the market for Advanced Polymer Screws is driven by chemical processing and power generation. In Europe, the market has been buoyed by strong demand from water systems in recent years along with growth seen in the oil & gas sectors owing to an increased focus on energy exploration.
The global Advanced Polymer Screws Market is driven by the growth in demand for these products from various sectors and applications. The market can be segmented into two, namely polymer screws made of PC (polycarbonate) and PPS (Polyphenylene Sulfide). In addition to this, advanced polymers are also used as an alternative material owing to their extremely low coefficient of friction when compared with traditional materials. The benefits offered by these products cannot be overstated as they provide an effective long-term solution to corrosion in a host of vital public infrastructure projects.
Furthermore, a number of factors such as rising urbanization in emerging economies have led to increased investment in public infrastructure projects; thereby contributing significantly towards the growth of the global Advanced Polymer Screws Market during the forecast period 2021-2028.
Up Market Research published a new report titled “Advanced Polymer Screws Market research report which is segmented by Types (Global Advanced Polymer Screws Market Size by Material: 2015 VS 2020 VS 2026 (US$ Million), PC, PPS, RENY, PEEK, PVDF, PP, Others), By Applications (Chemical Processing, Aerospace & Military, Medical, Power Generation, Oil & Gas, Water Systems, Others), By Players/Companies Abbott Interfast, Associated Fastening Products, Inc., Bluemay, BOCAST, BültePlastics, Caterpillar Red, CELO, E & T Fasteners, Ed's Precision Manufacturing, Elge Precision Machining, Elgen Manufacturing Company, Ever Hardware, Hague Fasteners, Hanil Hi-Tech, JG Coates(Burnley), Kyeongdong Environment & Safety, Nippon Chemical Screw, Nippon Chemical Screw, PENCOM, Plastic Engineering Works, Product Components Corporation, Rising Star Industry, Steelnet, SUPREME FASTENERS AND COMPONENTS, TSI Plastics, Vital Parts, Volt Industrial Plastics, Wave Manufacturing Company”.
Report Attributes | Report Details |
Report Title | Advanced Polymer Screws Market Research Report |
By Type | Global Advanced Polymer Screws Market Size by Material: 2015 VS 2020 VS 2026 (US$ Million), PC, PPS, RENY, PEEK, PVDF, PP, Others |
By Application | Chemical Processing, Aerospace & Military, Medical, Power Generation, Oil & Gas, Water Systems, Others |
By Companies | Abbott Interfast, Associated Fastening Products, Inc., Bluemay, BOCAST, BültePlastics, Caterpillar Red, CELO, E & T Fasteners, Ed's Precision Manufacturing, Elge Precision Machining, Elgen Manufacturing Company, Ever Hardware, Hague Fasteners, Hanil Hi-Tech, JG Coates(Burnley), Kyeongdong Environment & Safety, Nippon Chemical Screw, Nippon Chemical Screw, PENCOM, Plastic Engineering Works, Product Components Corporation, Rising Star Industry, Steelnet, SUPREME FASTENERS AND COMPONENTS, TSI Plastics, Vital Parts, Volt Industrial Plastics, Wave Manufacturing Company |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Global Advanced Polymer Screws Market Size by Material: 2015 VS 2020 VS 2026 (US$ Million), PC, PPS, RENY, PEEK, PVDF, PP, Others and By Application Chemical Processing, Aerospace & Military, Medical, Power Generation, Oil & Gas, Water Systems, Others.
Some of the companies that are profiled in this report are:
Advanced Polymer Screws Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Advanced Polymer Screws Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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