The global polyphenylene market is projected grow from USD 3.37 billion in 2018 to USD 4.99 billion by 2023, at a CAGR of 8.2%
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Wednesday, May 9, 2018
The global polyphenylene market is projected grow from USD 3.37 billion in 2018 to USD 4.99 billion by 2023, at a CAGR of 8.2% during the forecast period.
Key Points:
- The global polyphenylene market is projected grow from USD 3.37 billion in 2018 to USD 4.99 billion by 2023, at a CAGR of 8.2% during the forecast period.
- However, the high cost of polyphenylene as compared to other conventional materials could lead to a decline in the consumption of polyphenylene.
- Based on type, the polyphenylene sulfide segment is expected to lead the polyphenylene market during the forecast period.
- Based on end-use industry, the automotive segment is projected to lead the polyphenylene market during the forecast period.