Market Research Future Published a Research Study on Polyphenylene Sulfide Market Research Report, Size, Share and Industry Analysis – Forecast to 2023
Some of the major market players in the global polyphenylene sulfide market are-
- Chevron Phillips Chemical Company (U.S)
- Haohua Honghe Chemical Co., Ltd. (China)
- Kotec Corporation (Japan)
- TEIJIN LIMITED (Japan)
- NHU Materials Co. (China)
- SABIC (Saudi Arabia)
- Aetna Plastics Corp. (U.S)
- Tosoh Corporation (Japan)
- TORAY INDUSTRIES, INC. (Japan)
- Celanese Corporation (U.S)
- SK Chemicals (South Korea)
- Solvay (Belgium)
- KUREHA CORPORATION (Japan)
- Polyplastics Co., Ltd. (Japan)
- DIC CORPORATION (Japan)
Get a FREE Sample Now@ https://www.marketresearchfuture.com/sample_request/5642
Polyphenylene Sulfide Market-Overview
Polyphenylene sulfide (PPS) is an organic polymer consisting of aromatic rings linked with sulfides. The distinguished properties of PPS such as flame retardant, chemical resistant, corrosion resistant, dimensional stability, and low moisture absorption are responsible for substitution of heavy metals, mainly required in major end-use industries such as automotive and aerospace. The surging demand for the product in the automotive and electrical industry is expected to propel the market growth during the forecast period. The increased fuel efficiency and weight reduction potential by the use of PPS in automotive are one of the major drivers of the global polyphenylene sulfide market. Additionally, increasing consumption of the product in electrical and electronic appliances such as non-stick cookware, fans & blowers, and hairdryer components are likely to favor the market growth. It is an entirely recyclable, environment-friendly compound and a fine alternative to other polymers such as epoxy, ABS, PTFE, PEI, PVDF, and others.
Radical improvements in advanced avionics, operating efficiency, and use of new electrical systems are rapidly changing the manufacturing of the aircraft. Advanced platforms, which are already in the production such as Boeing’s 787, 737 MAX including A330, and others are expected to boost the market growth.
The extensive use of filter bags in steel, chemical, and thermal plants is fuelling the global market of polyphenylene sulfide. Furthermore, the product provides sterilizable healthcare and laboratory equipment, which may effectively rise the market growth.
However, rising demand for substitutes such as PEI, polyamide, and PEEK coupled with the high cost of polyphenylene sulfide may restrain the market growth.
The Global Polyphenylene Sulfide Market is segmented into five major regions of Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The Asia Pacific is the fastest growing region in terms of value on account of the presence of a large number of automotive, and electrical and electronics industries. Countries such as China and India are the major contributors to the regional market growth due to the increasing demand for advanced and efficient automotive. The presence of renowned automotive manufacturers such as Honda, Nissan, and Toyota in Japan has fuelled the market growth in this region. High production of automobiles in countries such as Thailand and South Korea is further anticipated to favor the market growth in coming years.
North America is another substantial contributor to the global market growth owing to the mature automotive sector and growing aerospace sector. Increasing demand for the product from the established aircraft manufacturers such as Boeing, GE Aviation, Northrop Grumman in the U.S is the major driver of the market in this region.
The growth of the market is sluggish in Europe due to the stringent Government regulations for environmental safety despite the presence of coal and thermal plants in this region.
Latin America is expected to join hands with the leading region’s growth in the coming future due to the growing automotive industries, especially in Mexico.
The global polyphenylene sulfide market is segmented on the basis of type, applications, and region.
Commercially, the PPS is manufactured in two types: virgin and recycled. The virgin type PPS is costly and contains lesser impurities and environmental risks as compared to the recycled type.
On the basis of the application, the market is segmented into automotive, electrical & electronics, filter bags, industrial applications, aerospace, coatings, and others.
Browse Key Industry insights spread across 140 pages with 33 market data tables & 12 figures & charts from the Report, “Polyphenylene Sulfide Market: By Type (Virgin And Recycled), Application (Automotive, Electrical & Electronics, Industrial Applications, Filter Bags, Aerospace, Coatings, And Others), And Region” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/polyphenylene-sulfide-market-5642
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Polyphenylene Sulfide Market
6 Market Trends
TO BE CONTINUE……………………….,
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar