Global Polyphenylene Sulphide (PPS) Resin Market, By Type (Linear, Cross-linked), By End Users (Auto

Published Date: | Report Code : MT1958310

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Growing demand from end-use industry applications in developing regions and promotion of application specific grades by companies is expected to drive the Polyphenylene Sulphide (PPS) Resin Market during the forecast period. This market has witnessed number of key developments in terms of application specific grade developments and strategic investments in emerging regions by companies to strengthen their market position in the global market. Some of the other key factors governing the market dynamics include regulatory scenario, exchange rates, environmental constraints, and so on. All these factors are expected to have a significant impact on the dynamics of Polyphenylene Sulphide (PPS) Resin Market during the forecast period. 

PPS is an organic polymer which comprises of aromatic rings linked with sulfides. 
PPS is an opaque and rigid material, and it also exhibits easy moldability, thermal and chemical resistance characteristics. It can be used over a wide range of temperatures.

Segment Analysis

This market is segmented based on the type and the end-users. 

Based on the type, it is segmented as linear and cross linked.

On the basis of end-users, it is segmented by automotive & transportation, electrical & electronics, industrial, construction, and others. Its application is the most in the automotive industry, as PPS is utilized in exhaust gas return valves, fuel lines, carburetor parts, ignition plates, pump rotors, cases, reflectors, etc.
The growth is expected to be the highest in the APAC region, as there has been an increase in the construction sector in the developing countries.

Key Factors Impacting Market Growth:
    • The increased advancement in automotive and electrical & electronics industries 
    • Increasing consumption of filter bag applications

Regional Outlook 

By region, polyphenylene sulphide (PPS)  resin market has been segmented in North America, Europe, Asia pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes US, Canada, and Mexico. US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. Industrial sector is a major contributor US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region. Western Europe region is dominated by Germany, UK, France, Italy, and Spain. These countries also have a strong influence of the industrial sector resulting in sizeable demand for polyphenylene sulphide (PPS)  resin market.  

Asia Pacific is estimated to register highest CAGR by region during the forecast period. Presence of some of the high growth economies such as China and India is expected to propel the demand in this region. In addition, this region has witnessed strategic investments by major companies to increase their market presence. Middle East and Eastern Europe are estimated to be other key regions for polyphenylene sulphide (PPS)  resin market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.

Companies Covered: Celanese Corporation, DIC Corporation, Toray, Polyplastics Co. Ltd, SABIC Innovative Plastics, and PolyOne Corporation…

Market Segmentation:

By Type:
    • Linear
    • Cross-linked

By End Users:
    • Automotive & Transportation
    • Electrical & Electronics
    • Industrial
    • Construction
    • Others

By Region:

    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Type
        ◦ By End Users

    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
        ◦ By Type
        ◦ By End Users

    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe)
        ◦ By Type
        ◦ By End Users

    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
        ◦ By Type
        ◦ By End Users

    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
        ◦ By Type
        ◦ By End Users

    • Rest of the World
        ◦ By Region (South America, Africa)
        ◦ By Type
        ◦ By End Users

Reasons to Buy This Report:

    • Market size estimation of the global polyphenylene sulphide (PPS) resin market  on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
For more information, contact: [email protected]

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