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[PDF] Polyphenylene Sulfide Market 2021: The Market Structure And Projections For The Coming Years

08-05-2021 01:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

[PDF] Polyphenylene Sulfide Market 2021: The Market Structure

The most recent research report on Polyphenylene Sulfide Market 2021 published by Coherent Market Insights begins with the market description, official report, segmentation, and classification. The report offers a comprehensive analysis of the market so that perusers can be guided on future opportunities and high-profit ranges within the industry. The report gives a detailed examination of the market structure, considering the current market scene, market share, future market patterns, the number of most market members, the sort of item, the application, and the region.

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The Polyphenylene Sulfide (PPS) Market Will Grow With the Booming Automotive Industry

Polyphenylene sulfide (PPS) is synthetic polymer that has low density, chemical stability, and superior elasticity compared to other polymers. Moreover, it is a high-performance engineering thermoplastic, is widely used in various end-use industries, such as electronics, automobile, textile, machinery, and aerospace industries. Furthermore, it can be used as additives in paints, rubbers, coatings, fabrics, and lubricants. PSS is widely accepted across various industries for its remarkable features such as high chemical and temperature resistance and high mechanical strength. Thus, the demand for PPS has increased significantly across various applications such as automotive components, electrical & electronic products, and filter bag in coal boilers.

This in turn is expected to augment the growth of the polyphenylene sulfide (PPS) market. There is increasing demand for PSS in the automotive industry. It is widely used in different automotive components, such as pistons, coolant systems, switches, transmission components, etc. Thus, with rapidly growing automotive industry, demand for PSS is also increasing with a rapid pace, especially in Asia Pacific. According to the India Brand Equity Foundation (IBEF), India was the world's fifth largest manufacturer of cars and seventh largest manufacturer of commercial vehicles in 2019. Moreover, Indian automotive industry is expected to reach US$ 251.4-282.8 billion by 2026.

This in turn is expected to boost the polyphenylene sulfide (PPS) market growth, especially in India. Polyphenylene sulfide is also used as a solvent resistant in many polymers, including epoxy, polystyrene, nylon, silicone, and polycarbonate. It is also used to make an extensive range of thermoplastics; elastomers, plastics, thermoset polymers, polymers, and lubricants. Its unique properties and advantages make it a highly effective component for the vast range of applications. With further research and developmental efforts, the uses of polyphenylene will surely broaden. These versatile properties make PPS a preferred choice for diverse applications across various industries.

This in turn is expected to increase the demand for PSS, driving the polyphenylene sulfide (PPS) market growth. Moreover, polyphenylene sulfide is 100% recyclable, reduces emission levels, and increases fuel economy. Increasing demand for the product as a result of its high resistance to temperature, corrosion, radiation, and chemical will fuel its demand. However, the availability of substitutes, such as PEI and PEEK along with fluctuating raw material costs is restraining the growth of the polyphenylene sulfide (PPS) market. For example, in September 2020, Domo Chemicals introduction a cost-efficient product based on PEEK, blended with a solid polymeric lubricant, to expand its Thermec range of enhanced polymers.

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Table of Contents

Research Objectives and Assumptions
Market Purview
Market Dynamics, Regulations, and Trends Analysis
Global Polyphenylene Sulfide Market – Impact of Coronavirus (Covid-19) Pandemic
Global Polyphenylene Sulfide Market, By Price Range, 2017 - 2027 (US$ Million)
Global Polyphenylene Sulfide Market, By Operating System, 2017 - 2027 (US$ Million)
Global Polyphenylene Sulfide Market, By Region, 2017- 2027 (US$ Million)
Section
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2016-2027) of the following regions are covered:

North America (Canada, Mexico)
Europe (UK, France, Italy)
Asia-Pacific (China, Japan)
South America (Brazil, Argentina)
Middle East and Africa

Key questions answered in this report:

Which players hold the significant Polyphenylene Sulfide market share and why?
What strategies are the Polyphenylene Sulfide market players forming to gain a competitive edge?
Why region is expected to lead the global Polyphenylene Sulfide market?
What factors are negatively affecting the Polyphenylene Sulfide market growth?
What will be the value of the global Polyphenylene Sulfide market by the end of 2027?

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Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

Primary Research (Trade Surveys and Experts Interviews)
Desk Research
Proprietor Data Analytics Model

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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 opportunities.

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