The global Polyphenylene Sulfide (PPS) market was valued at US$ 861.2 million in 2020 and it is expected to reach US$ 1355.2 million by the end of 2027, growing at a CAGR of 4.9% during 2021-2027.
Polyphenylene sulfide (PPS) is a polymer made up of alternating sulfur atoms and phenylene rings in a para substitution pattern. It offers a unique combination of properties and a cost/performance balance unmatched by other engineering thermoplastics. Key properties include thermal stability, dimensional stability, chemical resistance and inherent flame retardancy. It is widely used in electric & electronic field, automobile industry, industrial field and aerospace field.
Global Polyphenylene Sulfide (PPS) key players include Toray, Solvay, DIC, etc. Global top three manufacturers hold a share over 50%.
China is the largest market, with a share over 55%, followed by United States and Japan, both have a share about 30 percent.
In terms of product, Injection Grade PPS is the largest segment, with a share about 57%. And in terms of application, the largest application is Automobile Industry, followed by PPS Fiber.
Global Polyphenylene Sulfide (PPS) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyphenylene Sulfide (PPS) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Toray, Solvay, DIC, Celanese, SK Chemical, Kureha, Zhejiang NHU Co.,Ltd, Tosoh, Toyobo, Ko Yo Chemical, Letian Plastics, Lumena New Materials, Chongqing Glion New Material, Zhuhai Changxian New Material and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Injection Grade PPS
- Fiber Grade PPS
Segment by Application
- Electronic Appliances
- PPS Fiber
- Automobile Industry
- Military & Aerospace
Table of Content:
1 Polyphenylene Sulfide (PPS) Market Overview
2 Polyphenylene Sulfide (PPS) Market Competition by Manufacturers
3 Polyphenylene Sulfide (PPS) Retrospective Market Scenario by Region
4 Global Polyphenylene Sulfide (PPS) Historic Market Analysis by Type
5 Global Polyphenylene Sulfide (PPS) Historic Market Analysis by Application
6 Key Companies Profiled
7 Polyphenylene Sulfide (PPS) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Polyphenylene Sulfide (PPS) Market Dynamics
10 Global Polyphenylene Sulfide (PPS) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta