Lucintel's latest market report analyzed that polyphenylene provides attractive opportunities in the automotive, electrical & electronics, industrial, and coatings industries. The polyphenylene market is expected to reach $3.7 billion by 2027 with a CAGR of 4.5%. In this market, engineering plastic is the largest segment by application, whereas polyphenylene sulfide is largest by product type. Development of eco-friendly, chlorine-free polyphenylene sulfide and development of PPS for food and beverage applications provides strategic growth path in this market.
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Based on application, the polyphenylene market is segmented into engineering plastics, filter bags, high-performance lubricants, and composites and others. The engineering plastic segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to the growing demand in automotive industry.
Browse in-depth TOC on “Polyphenylene Market”
68 – Tables
107 – Figures
205 – Pages
The Polyphenylene Market is marked by the presence of several big and small players. Some of the prominent players offering polyphenylene include Toray Industries, DIC Corporation, Asahi Kasei, Kureha Corporation, SABIC, and Celanese Corporation.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
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