The Polyphenylene Sulfide Market was valued at $xx.Billion in 2018 and is forecast to grow at a modest xx. % CAGR between 2018 and 2025, culminating in 2026 global sales of $xx.Billion.
Polyphenylene Sulfide is thermoplastic polymers with high viscosity with chemical resistance.It is having the high-temperature performance like in a room temperature ppt can dilute ketones, alcohol, oils, fats, an alkaline solution, mineral acids, chlorinated hydrocarbon, and water. According to ASTM D-635 Test, ppt shows excellent fire retardancy. Apart from Many manufacturing sectors such as the automotive hood, lamp socket, fuse holder, coil formers, circuit breakers, micro switches, HDD actuators, bobbins, relay components, valves, seals, and in the aerospace components. It is also used to filter coal boilers, paper making felts and electrical insulation. PPT Sulfide combined with excellent mechanical and chemical properties such as thermal stability, dimensional stability, chemical resistance,and flame resistance. Both automotive and electrical industry witnesses high demand in the year 2017 and anticipated to increase over the forecast period. In defense and aerospace industry, ppt plays a vital role by the structure of wing and fuselage, such as Boeing 787 Dreamliner and Airbus A380.
“Optimal Price Point (OPP) for Global Polyphenylene Sulfide”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, in the China Global Polyphenylene Sulfide materials are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Global Polyphenylene Sulfide Market by “Application Categories”
We have segmented the Global Polyphenylene Sulfide-based on Application categories as Coatings, Automotive, Electrical & Electronics, Industrial.
We have observed that the rapid growth of Polyphenylene Sulfide followed by Automotive over the forecast period. Because its demand for a lightweight vehicle to reducing toxic emission and better fuel efficiency. Due to its resistive character and superior properties also preferred for temperature resistance, stiffness, and strength. Power trains, Fuel parts, Brake System, transmission, and lighting also manufacturing by ppt.
We have also observed the Substantial growth of Coating in the market due to its features such as electrostatic coating, powder flocking, fluidized bed coating, and slurry coating. Luxury Vehicle, such as Mercedes Benz, have using the polymer for their engine mechanisms to decrease heaviness and improve the complete stability.
North America and Asia Pacific accounted for the maximum revenue share of over xx% in 2018 due to increased demand of Global Polyphenylene Sulfide materials followed by EU- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.
The rapid growth of health awareness and availability of Global Polyphenylene Sulfide materials option Automotive and Coating creates an impact in developing countries for the demand for manufacturing automotive and aerospace industry.
“Competitive Landscape”and “Merger& Acquisition Insights”
The key market participants include DIC Corp.,Toray Industries, Inc., Tosoh Corp.,SK Chemicals,Daicel Corp.,SABIC,Teijin Ltd.,and RTP Company, Inc. are few major players in Global Polyphenylene Sulfidemarkets. TheGlobal Polyphenylene Sulfide market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Global Polyphenylene Sulfide Market by Application categories (Revenue, Million, 2018 – 2026)
- Electrical & Electronics
Global Polyphenylene Sulfide Market Regional Outlook (Revenue, USD Million, 2018-2026)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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