Chemical Planet

It is anticipated to witness a CAGR of 8.8% during the forecast period. Several characteristics including high creep resistance, stiffness and strength, excellent temperature properties, and good chemical resistance are the key factors driving the PPS market growth. The Global Polyphenylene Sulfide Market size is expected to reach USD 2.14 billion by 2025, according to a new report by Grand View Research, Inc. The consumption of in automotive industries is projected to exhibit a significant growth owing to rising application in carburetor parts, exhaust gas return valves, flow control valves intended for heating systems, and ignition plates. PPS is also utilized in industrial applications including grills, hair dryer parts, cooking appliances, as well as serializable laboratory, dental, and medical equipment. This factor is anticipated to spur the product demand over the next few years. Asia Pacific is anticipated to showcase substantial growth in light of rising liv...

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 automoti...