Document summary
This report looks at the evolving trend around specialty polymers. Though not always well understood, high-performance polymers are one of the most attractive subspaces in the global chemicals industry, thanks to favourable market structures, demand growth that should be able to multiple of global GDP (2-3x) with the help of new applications, and margins that are less cyclical and superior to the rest of the industry. They are involved in a wide range of industries and applications, from oil&gas to medtech via autos, batteries or water treatment. They typically offer innovative solution to end-markets needs: weight reduction to replace metals and reduce energy consumption, or particular resistance characteristics to demanding conditions (temperature, pressure, etc).