Polyphenylene Sulfide (PPS) is a semi-crystalline, high
temperature engineering plastic, which is widely accepted across
various industries for its remarkable features such as high
mechanical strength, high temperature and chemical resistance. These
properties of PPS make it an appropriate alternative of choice for
various metals and thermosets. The demand for PPS has significantly
increased in across applications such as automotive components,
filter bag in coal boilers, and electrical & electronic products.
Polyphenylene sulfide or PPS can be bought in diverse forms and
grades, including fibers, films, coatings, filaments and compounds.
Unfilled PPS resin holds the ability to be melt spun as well as melt
blown, so as to offer fabrics and fibers that have applications in
flame-resistant clothing, filtration media and conveyor belts.
Various reinforcing materials such as glass fibers help in
reinforcing polyphenylene sulfide to enhance its thermal and
mechanical properties. PPS is generally applied in injection molding
processes and can even be turned into films and coatings. These
versatile properties make PPS a preferred choice for diverse
applications across various industries.
Request Sample of Polyphenylene Sulfide Market: https://www.coherentmarketinsights.com/insight/request-sample/327
Polyphenylene Sulfide Market Taxonomy
On the basis of application, the global market is classified into:
Various leading companies in the global polyphenylene sulfide market have been launching new products with more advanced features to increase the application area and in turn enhance market presence of the players. For instance, DIC introduced impact modified PPS, an elastomer-modified PPS, which possessed features such as elongation, improved strength, excellent performance even under high temperature and humidity, and low flash level. Apart from this, a few key companies are expanding their production facilities in order to cater to growing demand for PPS. For instance, in April 2014, Celanese Corporation, a specialty materials company, announced the expansion of its Nanjing, China manufacturing facility. The company added a new PPS compounding unit to the facility, which helps in replacement of thermo sets and metals in certain applications like aerospace, automotive and electronics. The PPS market is expected to witness increasing competition over the near future with emergence of various local players focusing on capitalizing on lucrative growth opportunities on offer in the market.
Polyphenylene Sulfide Market Outlook – Increased consumption of PPS in high-temperature applications driving market growth
Owing to its properties such as superior performance, PPS finds wide application in high-temperature processes. This factor is projected to notably drive the market growth over the forecast period. Besides, the recyclable nature of PPS, along with its ability to increase fuel economy and cut emission levels, is expected to further increase its demand, globally. The product’s wide usage in different automotive components, such as transmission components, switches, coolant systems, and pistons, is also likely to drive the global polyphenylene sulfide market growth in the near future.
Asia-Pacific market for polyphenylene sulfide is expected to witness the fastest growth, during 2016-2024. This growth can be owed to increased demand from emerging markets in the region, including India and China. On the contrary, factors such as easy availability of substitutes, such as PEEK and PEI, and price volatility of raw materials are projected to inhibit global market growth over the near future.
Check the Trending Report of Polyphenylene Sulfide Market: https://www.coherentmarketinsights.com/ongoing-insight/polyphenylene-sulfide-pps-market-327
The key players operating in the global polyphenylene sulfide market are Tosoh Corp., DIC Corp., Toray Industries Inc., Kureha Corp., Solvay SA, China Lumena New Materials Corp., Lion Idemitsu Composites Co. Ltd., FORTRAN Industries LLC, Initz Co. Ltd. and Zhejiang NHU Special Materials, among others.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com/
Visit Blog : http://globalresearchtrends.blogspot.in/
Request Sample of Polyphenylene Sulfide Market: https://www.coherentmarketinsights.com/insight/request-sample/327
Polyphenylene Sulfide Market Taxonomy
On the basis of application, the global market is classified into:
-
Automotive
-
Electrical & electronics
-
Industrial
-
Filter bags
-
Aerospace
-
Coatings
-
Other applications (sterilizable medical, dental, and
laboratory equipment, hair dryer grills, and components)
Various leading companies in the global polyphenylene sulfide market have been launching new products with more advanced features to increase the application area and in turn enhance market presence of the players. For instance, DIC introduced impact modified PPS, an elastomer-modified PPS, which possessed features such as elongation, improved strength, excellent performance even under high temperature and humidity, and low flash level. Apart from this, a few key companies are expanding their production facilities in order to cater to growing demand for PPS. For instance, in April 2014, Celanese Corporation, a specialty materials company, announced the expansion of its Nanjing, China manufacturing facility. The company added a new PPS compounding unit to the facility, which helps in replacement of thermo sets and metals in certain applications like aerospace, automotive and electronics. The PPS market is expected to witness increasing competition over the near future with emergence of various local players focusing on capitalizing on lucrative growth opportunities on offer in the market.
Polyphenylene Sulfide Market Outlook – Increased consumption of PPS in high-temperature applications driving market growth
Owing to its properties such as superior performance, PPS finds wide application in high-temperature processes. This factor is projected to notably drive the market growth over the forecast period. Besides, the recyclable nature of PPS, along with its ability to increase fuel economy and cut emission levels, is expected to further increase its demand, globally. The product’s wide usage in different automotive components, such as transmission components, switches, coolant systems, and pistons, is also likely to drive the global polyphenylene sulfide market growth in the near future.
Asia-Pacific market for polyphenylene sulfide is expected to witness the fastest growth, during 2016-2024. This growth can be owed to increased demand from emerging markets in the region, including India and China. On the contrary, factors such as easy availability of substitutes, such as PEEK and PEI, and price volatility of raw materials are projected to inhibit global market growth over the near future.
Check the Trending Report of Polyphenylene Sulfide Market: https://www.coherentmarketinsights.com/ongoing-insight/polyphenylene-sulfide-pps-market-327
The key players operating in the global polyphenylene sulfide market are Tosoh Corp., DIC Corp., Toray Industries Inc., Kureha Corp., Solvay SA, China Lumena New Materials Corp., Lion Idemitsu Composites Co. Ltd., FORTRAN Industries LLC, Initz Co. Ltd. and Zhejiang NHU Special Materials, among others.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com/
Visit Blog : http://globalresearchtrends.blogspot.in/
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