Polyphenylene Sulfide (PPS) Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Product Type (Linear PPS, Cured PPS, Branched PPS), By Recyclability (Virgin, Recycled), By Application (Automotive, Electrical and Electronics, Industrial, Aerospace, and Others), By Region and Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPolyphenylene Sulfide (PPS) Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Product Type (Linear PPS, Cured PPS, Branched PPS), By Recyclability (Virgin, Recycled), By Application (Automotive, Electrical and Electronics, Industrial, Aerospace, and Others), By Region and Competition
Global polyphenylene sulfide (PPS) market is anticipated to grow at an impressive rate through 2028. Polyphenylene sulfide (PPS) is a high-temperature engineering thermoplastic that is semi-crystalline in structure. It is a rigid and opaque polymer in terms of physical characteristics with a high melting point. It is made up of para-phenylene units that are connected with sulfide in sequence. The major exporter of polyphenylene sulfide resins is Japan, while both the largest importer and consumer is China. Due to its high heat-deflection temperature, superior dimensional stability, exceptional chemical resistance, and intrinsic flame retardancy, it is proven as an excellent substitute of metal and thermostats in various application.
Polyphenylene sulfide (PPS) is an exceptional combination of properties and performance as per cost. Thus, it is used in the production of various high-performance thermoplastics such as specialty nylons, sulfone polymers, aromatic poly ketones, polyetherimides, liquid crystal polymers, and others. These advantages create demand for PPS in automotive, electrical/electronic, mechanical, and industrial industries. Therefore, we anticipate that the need for polyphenylene sulfide will rise in the forecasted period.
Rising Demand from Automotive Industry
According to the Indian Brand Equity Foundation, the Indian passenger car market amounted to 32.70 billion USD in 2021, and it is expected to reach 54.84 billion USD by 2027, with a CAGR of 9% during 2022-2027
Increasing Demand from the Electrical & Electronics Industry
Polyphenylene Sulfide (PPS) is considered an ideal material used in electronic goods and has proven its significance in electronic and electrical industries. High-temperature resistance, good dimensional stability, high durability, and good rigidity make PPS a better substitute for conventional plastic or thermostats. PPS provides an excellent flow and low contraction for precision moulding electrical equipment such as connectors and sockets. Polyphenylene Sulfide is used in producing electrical equipment like bobbins and connectors, hard disk drives, electronic housings, sockets, and switches as a substitution for other lower-temperature polymers.
Growing Demand from Developing Economies
According to Solvay SA, 50% of their net sales is contributed by end-user types like consumer goods & healthcare, Automotive & aerospace, and building & construction, where Polyphenylene Sulfide (PPS) is the major contributor.
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Market Segmentation
Global polyphenylene sulfide (PPS) market is segmented
Market Players
Albis Plastics Corporation, Zhejiang NHU Company Ltd, Solvay SA, Toray Industries, Inc, DIC Corp., Polyplastics Co. Ltd, Ticona LLC, Chengdu Letian Plastics Co, Ltd, Avient Corp, Lion Idemitsu Composites Co., Ltd. are some of the major players operating in the global polyphenylene Sulfide (PPS) market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in tons and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Product Type · Recyclability · Application |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; Germany; France; United Kingdom; Spain; Italy; China; India; Japan; Australia; South Korea; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia. |
| Key companies profiled | Albis Plastics Corporation, Zhejiang NHU Company Ltd, Solvay SA, Toray Industries, Inc, DIC Corp., Polyplastics Co. Ltd, Ticona LLC, Chengdu Letian Plastics Co, Ltd, Avient Corp, Lion Idemitsu Composites Co., Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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