Skip to main content

Polyphenylene Sulfide Market Outlook and Global Foresight to 2025

Several characteristics including high chemical and creep resistance, excellent stiffness and strength, and temperature properties of PPS are the key factors diving their demand. The Global Polyphenylene Sulfide Market size is expected to reach at USD 2.14 billion by 2025 expanding at a CAGR of 8.8%, according to a new report by Grand View Research, Inc.


Automotive is projected to be the largest application segment owing to wide usage of the product in carburetor parts, exhaust gas return valves, flow control valves intended for heating systems, and ignition plates. The product is also utilized in industrial applications including grills, hair dryer parts, cooking appliances, as well as serializable laboratory, dental, and medical equipment, which is anticipated to drive the demand further.

Asia Pacific is anticipated to witness a substantial growth on account of better living standards and rapid industrialization, especially in China and India. Moreover, rising automotive, oil and gas, paints and coatings, and medical sectors will fuel the industry expansion over the next few years.

High demand for electrical and electronics components, including brush holders, motor housing, coil formers, connectors, terminal blocks and thermostat, and switch components in emerging economies is also expected to propel industry growth. In addition, rising usage of PPS in coatings applications owing to its several properties will augment the industry development. Demand for non-stick cookware and food processing and chemical processing equipment is also likely to stimulate the industry growth over the coming years.

To Know More About Polyphenylene Sulfide Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/polyphenylene-sulfide-pps-industry 

Asia Pacific led the global market in 2017 and is projected to be the fastest-growing regional market over the next few years. Growing aviation industry due to increasing government investments in aerospace, mainly in India, South Korea, Singapore, and Malaysia, is expected to the APAC market.

Top Players of Polyphenylene Sulfide (PPS) Market:

Key companies in the market include DIC Corp.; Toray Industries, Inc.; Tosoh Corp.; SK Chemicals; Daicel Corp.; SABIC; Teijin Ltd.; and RTP Company, Inc.

Market Segmentation of Polyphenylene Sulfide (PPS) Market:

The Global Polyphenylene Sulfide (PPS) Market segmented on the basis of Application and Region.

By Application:

Automotive
Electrical & Electronics
Industrial
Coatings

By Region:

North America
Europe
Asia Pacific
Central & South America
Middle East & Africa

Inquire about Polyphenylene Sulfide Market with Our Experts @ https://www.grandviewresearch.com/inquiry/96/ibb 
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Electronic Adhesives Industry: Global Survey, Trend Overview and 2022 Forecast

Electronic adhesives have enhanced intrinsic conductive and thermal properties which enable them to substitute soldering systems. Increasing significance of compact devices including flash drives, CDs, and communication drives is expected to drive demand over the forecast period. The Global Electronic Adhesives Market is expected to reach USD 7.80 billion by 2022, according to a new report by Grand View Research, Inc.   Shift in trend toward miniaturization of electronic components has created need for these adhesives. Replacement of PCBs with multi-chip modules has also prompted product demand. PCBs are laminated plastic boards that utilized these adhesives in surface-mount components, bonding conformal coatings, wire tacking and encapsulating components. High installation costs for laminating & packaging machinery and product assembly are expected to remain key challenges for industry participants. Electrically conductive adhesives emerged as the largest product segm...
Post a Comment
Read more

Colored Polyurethane (PU) Foams Market Outlook and Global Foresight to 2022

The market is expected to be driven by increasing developments in electronic appliances, automotive, footwear and packaging industries. Growing demand for high performance materials from automotive industry is expected to drive global colored PU foams market over the forecast period. The Global Colored Polyurethane (PU) Foams Market is expected to reach USD 20.33 billion by 2022, according to a new report by Grand View Research, Inc. Increasing construction spending in Asia Pacific is also expected to have a positive influence on the market growth. Volatile MDI/TDI prices are expected to challenge market profitability. Flexible colored PU foams were the leading product segment and accounted for over 55% of total market volume in 2014. They are widely used for cushioning applications mainly in furniture & interiors and packaging industries. Rigid PU foams are expected to witness the highest growth of 5.2% from 2015 to 2022. Growing demand for insulation products acros...
Post a Comment
Read more