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Polyphenylene Sulfide (PPS) Market is expected to reach USD 1490 million by 2021 | Key players are DIC Corp, Tosoh Corp, Toray Industries Inc., Kureha Corp, Solvay SA, Fortran Industries LLC and China Lumena New Materials Corp

11-15-2018 07:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Cosmos

/ PR Agency: Research Cosmos
Polyphenylene Sulfide (PPS) Market

Polyphenylene Sulfide (PPS) Market

Polyphenylene Sulfide (PPS) Market Overview:
Polyphenylene sulfide (PPS) is a semi-crystalline high temperature engineering plastic, which is widely accepted in various industries for its outstanding characteristics, such as high mechanical strength, high temperature and chemical resistance. These properties of the PPS make it an alternative choice for various metals and thermosets. The demand for PPS has increased significantly in various applications, such as automotive components, filter bags in coal boilers, and electrical and electronic products. Polyphenylene sulfide or PPS can be purchased in various forms and grades, including fibers, films, coatings, filaments and composites. The unfilled PPS resin can be melt-spun or melt-blown to provide fabrics and fibers for use in clothing, filter media and flame-resistant transport belts. Various reinforcing materials, such as glass fibers, help strengthen the polyphenylene sulfide to improve its thermal and mechanical properties. PPS is generally applied in injection molding processes and can even be processed in films and coatings.

Browse More Details of the report and TOC @ https://www.researchcosmos.com/reports/global-polyphenylene-sulfide-pps-market-report-2017-industry-analysis-trends-and-market-over/6135401

Polyphenylene Sulfide (PPS) Market was valued at USD 1260 million in 2016 and projected to reach USD 1490 million by 2021 growing at a CAGR of 5.93% during the forecast period 2016 to 2021.

Drivers and Restraints:
It is expected that the demand for PPS in the automotive sector will grow strongly due to its use in exhaust return valves, carburettor parts, ignition plates and flow control valves for heating systems. Polyphenylene sulfide has various properties including creep resistance, high rigidity and strength, excellent thermal properties and good chemical resistance. It is expected that its application in general industries, such as components and grills of hair dryers, kitchen appliances and laboratory, dental and serializable dental equipment, will strengthen the market's growth during the foreseen period. It is expected that the increased use of the product in a wide range of automotive components, including cooling systems, engine components, transmission components, switches and pistons, will drive growth in the sector. The growing demand for PPS due to its high resistance to corrosion, temperature, chemicals, wear and radiation. The increasing use of PPS in coatings applications, since it offers superior chemical resistance, electrical properties and heat resistance, will increase the demand of the product during the forecast period. In addition, the high use of chemical products, food processing equipment and non-stick cookware is expected to increase product use over the next eight years. However, the growing demand for alternatives, such as polyamide, PEEK, and the volatility of commodity prices are expected to hamper the growth of the sector during the forecast period.

Geographic Segmentation:
In 2015, Asia Pacific represented the largest market share in terms of volume. The strong demand in Asia-Pacific and the growing consumption of PPS filter bags will be the main determinants of the global market during the forecast period. China is one of the main global consumers of PPS with a higher demand for filter bags.

Avail Sample of the report @ https://www.researchcosmos.com/request/global-polyphenylene-sulfide-pps-market-report-2017-i/6135401

Key Players of Polyphenylene Sulfide (PPS) Market:
The players profiled in the Polyphenylene Sulfide (PPS) Market report are DIC Corp. (Japan), Tosoh Corp. (Japan), Toray Industries Inc. (Japan), Kureha Corp. (Japan), Solvay SA (Belgium), Fortran Industries LLC (U.S.), China Lumena New Materials Corp. (China), Initz Co. Ltd (South Korea), Zhejiang NHU Special Materials (China), and Lion Idemitsu Composites Co. Ltd. (Japan).

Key Takeaways from this Report:
• For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
• Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
• Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
• Increase overall revenue by understanding the geographical impact on sales and distribution channels.
• Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
• Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
• Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.

Inquire more about the report @ https://www.researchcosmos.com/inquire/global-polyphenylene-sulfide-pps-market-report-2017-i/6135401

Client requirement being the initial priority, Research Cosmos offers the highest standard of market research, business intelligence and consulting services to almost every industry of the world. We integrate our portal with the content of publishing giants of the world to offer a humungous range of market reports that can serve the purposes of different customers, including the fortune listed companies. We provide both syndicated and customized reports, covering all the prominent aspects of different industries.

Kevin Stewart
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Global Sales Manager
Research Cosmos
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