$2.14 Billion Polyphenylene Sulfide (PPS) Market Outlook, 2025 - Electronics & Electrical Applications is Projected to Ascend at a CAGR of 8.8% - ResearchAndMarkets.com

The "Polyphenylene
Sulfide (PPS) Market Size, Share & Trends Analysis Report By Region
(MEA, Europe, APAC), By Application (Coatings, Automotive, Electrical &
Electronics, Industrial), And Segment Forecasts, 2019 - 2025"
report has been added to ResearchAndMarkets.com's
offering.

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.

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

Topics Covered

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

3.6 Technology overview

3.6.1 Conventional process

3.6.2 Polymerization using hydrogen sulfide as feedstock

3.7 Regulatory framework

3.8 PPS market dynamics

3.9 Market driver analysis

3.9.1 Growing automotive sector

3.9.2 Growing paints & coatings industry in Asia Pacific

3.9.3 Growing aerospace sector

3.9.4 Recyclability

3.9.5 Replacing metals with lightweight element

3.10 Market restraint analysis

3.10.1 Substitute products

3.10.2 Raw material availability

3.10.3 Price volatility

3.11 PPS market Porter's analysis

3.12 PPS market PESTEL analysis

Chapter 4 Polyphenylene Sulfide Market: Application Estimates & Trend
Analysis

4.1 Application Movement Analysis & Market Share, 2016 & 2025

4.2 Automotive

4.3 Electrical & electronics

4.4 Industrial

4.5 Coatings

4.6 Others

Chapter 5 Polyphenylene Sulfide (PPS) Market: Regional Estimates & Trend
Analysis

5.1 Regional Movement Analysis & Market Share, 2016 & 2025

5.2 North America

5.3 Europe

5.4 Asia Pacific

5.5 Central & South America

5.6 MEA

Chapter 6 Competitive Landscape

6.1 Polyphenylene sulfide (PPS) company ranking analysis, 2016

6.2 Vendor landscape

6.3 Compounders

6.4 Competitive environment

6.5 Company market positioning

6.6 Strategy framework

Chapter 7 Company Profiles

7.1 DIC

7.2 Solvay S.A.

7.3 Lion Idemitsu Composites Co. Ltd.

7.4 Kureha Corporation

7.5 Toray Industries Inc.

7.6 Tosoh Corporation

7.7 SK Chemicals

7.8 Chengdu Letian Plastics Co. Ltd.

7.9 Celanese Corporation

7.10 Daicel Corporation

7.11 Teijin Ltd.

7.12 SABIC

7.13 Zhejiang NHU Co. Ltd.

7.14 LG Chem

7.15 RYAN Plastics

7.16 RTP Company

7.17 Ensinger GmbH

7.18 China Lumena New Materials Corporation

7.19 Polyplastics

For more information about this report visit https://www.researchandmarkets.com/research/bbztn8/2_14_billion?w=4

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