Polyphenylene Sulfide (PPS) Market- Market by Type, Top Players, Regions and Application 2019-2025

[Feb, 2019] The global polyphenylene sulfide market size is expected to reach at USD 2.14 billion by 2025 expanding at a CAGR of 8.8%. Several characteristics including high chemical and creep resistance, excellent stiffness and strength, and temperature properties of PPS are the key factors diving their demand. 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.

Get Free Sample Copy of this Report at:
https://www.radiantinsights.com/research/polyphenylene-sulfide-pps-market/request-sample

Further key findings from the study suggest:

• Automotive application led the PPS market in the past and is estimated to maintain its dominance in future

• In terms of revenue, electronics & electrical application is projected to ascend at a CAGR of 8.8% over the forecast period

• Industrial segment accounted for a revenue share of 24.5% in 2017 and is projected to expand further in the next few years

• 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

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

• Manufacturers are focusing on product launches, capacity expansion, and technological innovations to estimate existing and future demand patterns from upcoming application segments

Check Out Full Report With TOC at:
https://www.radiantinsights.com/research/polyphenylene-sulfide-pps-market

Table of Contents:

Chapter 1 Methodology And Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Market Variables, Trends and Scope
3.1 PPS Market segmentation & scope
3.2 PPS market key opportunities prioritized
3.3 PPS market value chain analysis
3.4 Raw material outlook
3.4.1 Sodium Sulfide
3.4.2 Hydrogen sulfide
3.4.3 Paradichlorobenzene
3.5 Key success factors for manufacturers
Continued...

See our similar reports at: https://www.radiantinsights.com/catalog/chemicals

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com