Polyphenylene Sulfide Market, Research, Analysis, Size Forecast till 2023


Posted November 28, 2018 by MRFRresearch

Global Polyphenylene Sulfide Market: By Type (Virgin And Recycled), Application (Automotive, Electrical & Electronics, Industrial Applications, Filter Bags, Aerospace, Coatings), And Region

 
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.

Global Key Players and Competition Analysis
Some of the key players in the global polyphenylene sulfide market are 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), 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), and Aetna Plastics Corp. (U.S).

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Segmentation Analysis
The global polyphenylene sulfide market is categorized based on type, applications, and region. Based on the type, the market is segmented into virgin and recycled categories. Based on the application segment, the global market is divided into automotive, electrical & electronics, industrial applications, filter bags, coatings, and others.

Regional Analysis
The Global Polyphenylene Sulfide Market is spanned across five key regions namely Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific is anticipated to show a considerable growth due to the presence of many automotive, electrical & electronics, and coating sectors in India, China, and Japan. The presence of automotive manufacturing bases such as Honda, Nissan, and Toyota coupled with increasing demands for sedans and SUVs are projected fuel the market growth in this region. Countries such as Thailand and South Korea are major contributors to the market growth due to the high production of automobiles.

Market Scope
The growing product development for applications such as cooking appliances, hair dryer components, and others has positively favored the market growth. The filter bag produced using PPS is one of the best filter materials available, which is used in thermal, steel, iron, chemical plants, and others. Furthermore, growing demand for the product in the manufacturing of healthcare and laboratory equipment is likely to fuel the market growth. The increased usage of the product in chemical processing and food processing equipment such as heat exchangers and non-stick cookware respectively are anticipated to drive the market growth during the review period.

Browse the market data and information spread across 140 pages with 33 data tables and 12 figures of the report “Polyphenylene Sulfide Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/polyphenylene-sulfide-market-5642
Industry News:

March 08, 2018 Market Research Future Published a Half-Cooked Research Report on Global Polyphenylene Sulfide Market.

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Last Updated November 28, 2018