According to a recently published report by Brisk Insights, theGlobal Polyphenylene Sulfide (PPS) Marketis expected to grow at the CAGR of 13% in terms of revenue during 2017-2025. The global polyphenylene Sulfide (PPS) market is segmented on the basis of application, and geography. The report on global polyphenylene Sulfide (PPS) market (by application and geography) provides a detailed overview and predictive analysis of the market.Full report available on Polyphenylene Sulfide (PPS) Market: Global Industry Size, Growth, Share and Forecast to 2025 report at http://www.briskinsights.com/report/polyphenylene-sulfide-pps-market
Market Insights
PPS is used in various applications, such as automotive, electrical & electronics, filter bags, aerospace, industrial, coatings, and others. In 2016, the automotive segment accounted for the largest market share, in terms of volume, followed by filter bags and electrical & electronics. Increasing automotive industry in emerging countries of Asia-Pacific is driving the polyphenylene sulfide market. Japan is the largest producer of PPS resins worldwide with the presence of manufacturing sites of major industry players in the country. North America accounted for the second largest market share in the automotive application segment in 2016. Japan and the U.S. have majority of the PPS resins manufacturing plants. These countries have been manufacturing more than their demand, thus creating an oversupply in the market. The filter bags application segment is projected to witness the highest CAGR between 2017 and 2025, followed by the aerospace application. With stringent principles imposed for particulate matter emissions from power plants, the need for PPS filter bags has increased, which have higher efficiencies.
Scope of the report
1. Global Polyphenylene Sulfide (PPS) Market, by Application, 2015–2025 (Kilo Tons) (US$ Mn)
1.1. Electrical & Electronics
1.2. Automotive
1.3. Industrial
1.4. Coatings
1.5. Filtration & Filter Bags
1.6. Others
Full report available on Polyphenylene Sulfide (PPS) Market: Global Industry Size, Growth, Share and Forecast to 2025 report at http://www.briskinsights.com/report/polyphenylene-sulfide-pps-market
2. Global Polyphenylene Sulfide (PPS) Market, by Geography, 2015-2025 (Kilo Tons) (US$ Mn)
2.1. North America
2.1.1. U.S.
2.1.2. Canada
2.2. Europe
2.2.1. U.K.
2.2.2. Germany
2.2.3. Rest of Europe
2.3. Asia Pacific
2.3.1. China
2.3.2. Japan
2.3.3. India
2.3.4. Rest of Asia Pacific
2.4. Latin America (LATAM)
2.4.1. Brazil
2.4.2. Mexico
2.4.3. Rest of Latin America
2.5. Middle East and Africa (MEA)
2.5.1. GCC
2.5.2. Rest of Middle East and Africa
3. Company Profiles
3.1. China Lumena New Materials Corporation
3.2. DIC Corporation
3.3. INITZ Co. Ltd.
3.4. Kureha Corporation
3.5. Chengdu Letian Plastics Co., Ltd.
3.6. Lion Idemitsu Composites Co. Ltd.
3.7. Solvay S.A.
3.8. Toray Industries, Inc.
3.9. Tosoh Corporation