Monday, April 6, 2020

The global Polyphenylene Sulfide (PPS) Market Size Is Estimated To Grow From USD 995.1 Million at a CAGR of 9.6%

The report segments the polyphenylene sulfide market by application into automotive, electrical & electronics, filter bags, aerospace, industrial, coatings, and others, and by region into Asia-Pacific, North America, Europe, and RoW.

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The value chain of polyphenylene sulfide market starts with the sourcing of basic raw materials, manufacturing, compounding, and used for various end-use applications. Raw material suppliers are the para-dichlorobenzene and sodium sulfide or sodium hydrogen sulfide manufacturers and suppliers. Various companies, such as DIC Corp., Kureha Corp., Toray Industries, Fortron Industries LLC (joint venture of Kureha Corp. and Celeanse Corp.), Tosoh Corp. manufacture PPS resins. PPS resins should be reinforced by compounding with glass fiber, mineral reinforcements, or any other engineering plastic/polymer, as these are brittle. Companies have integrated facilities for in-house compounding, but there are also a few companies that have only compounding facilities. Development of newer technology shall also be an opportunity for the PPS market. SK. Chemicals has developed a new manufacturing process that is halogen-free and eco-friendly. Initz Co. Ltd, a joint venture between SK Chemicals and Teijin Ltd., uses this patented manufacturing process.

Key Target Audience:
  • Raw material suppliers
  • PPS resin manufacturers
  • PPS compounders
  • Traders, distributors, and PPS suppliers
  • Government and regional agencies and research organizations
  • Investment research firms
On the basis of application:
  • Automotive
  • Electrical & electronics
  • Industrial
  • Filter bags
  • Aerospace
  • Coatings
  • Other applications (sterilizable medical, dental, and laboratory equipment, hair dryer grills, and components)
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