Uploaded on Apr 8, 2024
According to the latest research report by IMARC Group, The global polyphenylene sulfide (PPS) market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.45% during 2024-2032. More Info:- https://www.imarcgroup.com/polyphenylene-sulfide-market
Polyphenylene Sulfide (PPS) Market Growth, Demand and Challenges of the Key Industry Players 2024-32
Global Polyphenylene Sulfide (PPS) Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . A cc o r d i ng t o t h e l a te s t r e p o r t b y I M A R C Gr o u p , t i t l e d " P o l yp h e n y le n e S u l f i d e ( P P S ) Ma r k e t : G l o b a l In d u s t r y T r e n d s , S h a r e , S i ze , G r o w t h , O p p o r t u n i ty a n d F o r e c a s t 20 2 4 - 2 03 2 , " t h e g l ob a l p o l y p h e ny l e n e su l f i d e ( P P S ) m a rk e t s i z e r e ac h e d U S $ 1 .8 B i l l i on i n 2 02 3 . Report Fac tors A f fec t ing the Growth o f t he Polyphenylene Su l f ide (PPS) Indus t ry :Increas ing Demand in Automot ive App l ica t ions : T he a u t om o t i ve i n d u s t r y ' s c o n t i n u o u s e v o l u t i o n t o w a r d l i g h t e r , m o r e f u e l - e f f i c i e n t Highlight and ve h i c l e s i s a s i gn i f i c a n t d r i ve r f o r t h e P o l y p he n y l en e S u l f i d e ( P P S ) m a r k e t . P P S i s h i g h l y v a l u e d i n a u t o m o t i v e a pp l i c a t i on s d ue t o i t s e x c e p t i o n a l t h e r ma l s t a b i l i t y , ch e m i c a l r es i s t a n ce , a n d m ec h a n i ca l p ro p e r t i e s . T h e se c h a r a c t e r i s t i c s m a k e i t a n i de a l Description ch o i c e f o r ma n u f ac t u r i n g co m p o ne n t s t ha t n e ed t o w i th s t a nd h a r s h e n v i r on m e n ts , s u c h as f u e l s y s t e m p a r t s , c o o l i n g s y s t e m s , a n d e l e c t r i c a l c o nn e c t o r s . A s th e au t o m o t i v e s ec t o r i n c r e a s i ng l y a d o p ts e l e c t r i c a n d h y b r i d v e h i c l e s , t he d e m a nd f o r h i gh - p e r f o r m an c e m a t e r i a l s , s uc h a s P P S , w h i c h c a n me e t s t r i n g e n t s a f e t y a n d pe r f o r ma n c e s t a nd a r d s , i s e x p ec t e d t o r i s e . T h i s s h i f t i s a n t i c i pa t e d t o f ue l t h e g r o w th o f t h e P P S ma r k e t s u b s t an t i a l l y . Advancements in Electrical and Electronics Sector: The e lectr ical and e lectron ics sector is experiencing rapid growth due to the g lobal demand for more sophis t icated and h igh- per forming devices. PPS's excel lent e lectr ical insulat ion propert ies, combined wi th i ts res istance to h igh temperatures and chemicals, make i t an essent ia l mater ia l for var ious electron ic components. Report These include connectors , co i l bobbins, and pr inted c i rcui t boards. As consumer e lectronics cont inue to evolve wi th increasing Highlight and funct ional i ty and minia tur izat ion, the need for mater ia ls that can meet these advanced requi rements grows, thus dr iv ing the PPS Description market forward. Expansion of Aerospace Applications: Polyphenylene Sul f ide 's at t r ibutes, such as high temperature to lerance, f lame retardancy, and l ightweight , a l ign wel l wi th the aerospace industry 's st r ingent mater ia l requi rements. PPS is used in manufactur ing components for a i rcraf t and spacecraft , inc luding duct ing systems, brackets, and connectors. The g loba l ae rospace sec to r ' s expans ion , d r i ven by inc reas ing a i r t rave l and the push fo r more fue l -e f f i c ien t a i rc ra f t , c rea tes a g row ing demand fo r PPS. Th is demand is fu r the r amp l i f ied by the indus t ry 's focus on sus ta inab i l i t y and reduc ing ca rbon emiss ions, where l i gh twe igh t mate r ia l s l i ke PPS p lay a c ruc ia l ro le . Report Request for a PDF sample o f th is repor t : Highlight and h t tps : / /www. imarcgroup .com/po lypheny lene-su l f ide -marke t / requestsamp le Description Report Description Global Polyphenylene Sulf ide (PPS) Market Trends: Envi ronmenta l regula t ions and the growing emphas is on susta inabi l i ty are profoundly in f luencing mater ia l se lec t ion across indust r ies . PPS, be ing recyc lab le and of fer ing a longer l i fespan due to i ts durab le proper t ies , is becoming a prefer red choice in sectors a iming to reduce the i r envi ronmenta l footpr in t . Th is t rend is par t icu lar ly ev ident in the automot ive, aerospace, and e lec t ron ics indust r ies, where there is a push for mater ia ls that cont r ibute to energy ef f ic iency and envi ronmenta l conservat ion. As regula t ions become st r ic ter and susta inabi l i ty becomes a cent ra l focus for bus inesses, the demand for eco- f r iend ly and h igh-per formance mater ia ls , such as PPS is set to increase, fu r ther dr iv ing i t s market growth. Looking forward, the market to reach US$ 2.7 Bi l l ion by 2032, exhibi t ing a growth rate (CAGR) of 4 .45% dur ing 2024-2032. View Report TOC, F igures and Tables : ht tps: / /www.imarcgroup.com/polyphenylene-sul f ide-market Breakup by Type: • Linear PPS • Cured PPS • Branched PPS Report Breakup by Recyclability: • Virgin Segmentation • Recycled Breakup by Application: • Automot ive • Electr ical and Electronics • Aerospace • Medical /Healthcare • Others Breakup by Region: • North America Report • Asia-Pacifi c Segmentation • Europe • Latin America • Middle East and Afr ica • Brit ish Plast ics Federat ion • Celanese Corporat ion • DIC Corporat ion • Kolon Plast ics Inc. Competitive • Kureha Corporat ion • Landscape Polyplast ics Co. Ltd. (Daicel Corporat ion) • Ryan Plast ics L imited with Key • SK Chemicals Co. Ltd. Players • Solvay S.A • Tei j in Limited • Toray Industr ies Inc. • Tosoh Corporat ion What was the size of the global Polyphenylene Sulfide (PPS) market in 2023? What is the expected growth rate of the global Polyphenylene Sulfide (PPS) market during 2024-2032? What are the key factors driving the global Key Polyphenylene Sulfide (PPS) market? Questions What has been the impact of COVID-19 on the global Polyphenylene Sulfide (PPS) market? Answered in What is the breakup of the global Polyphenylene Sulfide (PPS) market based on the type? the Report What is the breakup of the global Polyphenylene Sulfide (PPS) market based on the application? What are the key regions in the global Polyphenylene Sulfide (PPS) market? Who are the key players/companies in the global Polyphenylene Sulfide (PPS) market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l P o l y p h e n y l e n e S u l f i d e ( P P S ) M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y T y p e 6 . 1 L i n e a r P P S 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 C u r e d P P S 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 B r a n c h e d P P S 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y R e c y c l a b i l i t y 7 . 1 V i r g i n 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 R e c y c l e d 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y A p p l i c a t i o n 8 . 1 A u t o m o t i v e 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 E l e c t r i c a l a n d E l e c t r o n i c s 8 . 2 . 1 M a r k e t T r e n d s Table of 8 . 2 . 2 M a r k e t F o r e c a s t 8 . 3 A e r o s p a c e 8 . 3 . 1 M a r k e t T r e n d s 8 . 3 . 2 M a r k e t F o r e c a s t Contents 8 . 4 M e d i c a l / H e a l t h c a r e 8 . 4 . 1 M a r k e t T r e n d s 8 . 4 . 2 M a r k e t F o r e c a s t 8 . 5 O t h e r s 8 . 5 . 1 M a r k e t T r e n d s 8 . 5 . 2 M a r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y R e g i o n 9 . 1 N o r t h A m e r i c a 9 . 1 . 1 U n i t e d S t a t e s 9 . 1 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 1 . 2 M a r k e t F o r e c a s t 9 . 1 . 2 C a n a d a 9 . 1 . 2 . 1 M a r k e t T r e n d s 9 . 1 . 2 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht t ps : / /w ww. i ma rc gro up . c o m /p o l y phe ny l ene - su lfi de -ma rke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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