Global Polyphenylene Sulfide (PPS) Market 2023
Polyphenylene sulfide (PPS) is a high-performance thermoplastic polymer that exhibits excellent chemical resistance, high temperature stability, and flame retardant properties. It is often used in applications that require resistance to harsh chemicals and high temperatures, such as automotive components, electrical insulation, and industrial equipment. PPS is known for its dimensional stability and mechanical strength, making it a popular choice in engineering and manufacturing.
The global polyphenylene sulfide market is likely to register a CAGR of over 6.6% with an incremental growth of USD 0.6 billion during the forecast period 2023-2029.
This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the application, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.
The global baby bottle market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.
The global market for polyphenylene sulfide can be segmented by application: aerospace and defense, automotive and transportation, electrical and electronics, filter media, industrial, others. The automotive and transportation segment held the largest share of the global polyphenylene sulfide market in 2022 and is anticipated to hold its share during the forecast period.
Polyphenylene sulfide market is further segmented by region: Asia-Pacific, Europe, North America, Rest of the World (RoW). Globally, Asia-Pacific made up the largest share of the polyphenylene sulfide market.
The report also provides a detailed analysis of several leading polyphenylene sulfide market vendors that include Chengdu Letian Plastics Co., Ltd., Chongqing Glion New Material Technology Co., Ltd., DIC Corporation, DunHuang Western Region Special New Material Co., Ltd., Fortron Industries LLC, Haixi Hongjing Chemical Co., Ltd., Initz Co., Ltd. (SK Chemicals Co., Ltd.), Ko Yo Ecological Agrotech (Group) Ltd., Kureha Corporation, Lion Idemitsu Composites Co., Ltd., Solvay S.A., Toray Industries, Inc., Tosoh Corporation, Zhejiang NHU Co. Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Market Segments Covered in Global Polyphenylene Sulfide Industry Analysis:i.) Application
Aerospace and defense
Automotive and transportation
Electrical and electronics
Filter media
Industrial
Others
ii.) Region
Asia-Pacific
Europe
North America
Rest of the World (RoW)