1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Plastic Market Trends

Polyphenylene Sulfide Market by Application and by Region - Global Forecast to 2020

  • January 2016
  • 122 pages
  • MarketsandMarkets
Report ID: 3596047

Summary

Table of Contents

Search Inside

The global Polyphenylene Sulfide (PPS) market size is estimated to reach USD 1,574.7 million by 2020 at a CAGR of 9.6% between 2015 and 2020. High temperature resistance, chemical resistance, flame retardancy, good electrical properties, and high dimensional stability are the key properties of PPS, which make it the preferred material for various applications. PPS provides industries with immense development opportunities of newer materials, which have enhanced properties and improved toughness, thus driving the market growth.

“Automotive and filter bags are the largest applications of PPS”
Growing popularity of PPS over metals and conventional polymers in various applications play a significant role in driving the market. Automotive, electrical & electronics, and filter bags are the most important applications of PPS. This material helps decrease the weight of automotive, which enhances the efficiency. Globally, 15 governments have collaborated to encourage the use of electric and hybrid vehicles. This helps increase the sales of these vehicles in which nearly 5 kgs–6 kgs of PPS are used. The PPS filter bags industry is seeing high growth in Asia-Pacific, with increasing consumption in coal-fired power plants and stringent regulations to reduce particulate matter emissions in China. With the limit set to 50mg/m3, the PPS filter bag application shall replace the conventional filters being used, further driving the PPS market in the country.

“Rising demand in Asia-Pacific is the major growth driver for PPS market “
In 2015, Asia-Pacific was the largest market for PPS. The region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from China. China is the largest market for PPS globally with major demand from filter bags application. Asia-Pacific is also the largest manufacturer of PPS with the market being dominated by Japanese players. The region also drives the market owing to the presence of emerging markets, availability of raw materials, and lower labor costs.

Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments gathered through secondary research.

The break-up of primary interviews is given below.

- By Company Type - Tier 1 – 34%, Tier 2 – 33%, and Others – 33%
- By Designation - C level – 12%, Director level – 25%, and Others – 63%
- By Region - North America – 30%, Europe – 27%, Asia-Pacific – 32%, and RoW- 11%

The key companies profiled in this market research report are DIC Corp. (Japan), Tosoh Corp. (Japan), Toray Industries Inc. (Japan), Kureha Corp. (Japan), Solvay SA (Belgium), Fortron Industries LLC (U.S.), China Lumena New Materials Corp. (China), Initz Co. Ltd (South Korea), Zhejiang NHU Special Materials (China), and Lion Idemitsu Composites Co. Ltd. (Japan).

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the PPS market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.

2. The report will help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, new product developments, joint ventures, and mergers & acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Engineering Resins, Polymer Alloys and Blends: Global Markets

  • $ 6650
  • Industry report
  • April 2017
  • by BCC Research

Highlights • The global engineering resin and polymer alloy/blend market reached 26.3 billion pounds in 2016. The market should reach over 27.9 billion pounds by 2017 and nearly 36.9 billion pounds in ...

Polyetheretherketone Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • February 2017
  • by Transparency Market Research

Polyetheretherketone (PEEK) is used in several challenging applications that require outstanding physical and chemical material properties. The polymer has properties similar to other high-performance ...

PEEK Market by Type, End User, Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The global Polyether Ether Ketone (PEEK) market is projected to grow at a CAGR of 6.3% from 2016 to 2021” The global PEEK market is projected to reach USD 664.3 million by 2021, at a CAGR of 6.3% ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.