openPR Logo
Press release

Newer Grades of PPS Compounds is Expected to Gain Immense Traction and Bolster Demand for PPS resin – Fact.MR Study

01-19-2022 09:07 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Polyphenylene Sulfide (PPS) Resins Market

Polyphenylene Sulfide (PPS) Resins Market

250 Pages PPS Resin Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Latest industry survey by Fact MR, predicts PPS Resin sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

To remain ‘ahead’ of your competitors, request for a sample –

The report offers actionable and valuable market insights of PPS Resin. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of PPS Resin Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of PPS Resin market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of PPS Resin

This newly published and insightful report sheds light on Market Insights of PPS Resin, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of PPS Resin Market.

The global PPS Resin market to progress at a CAGR of 6.7% and be valued at US$ 2.2 Bn by 2031. Currently, PPS resins account for close to 1% of the global engineering thermoplastics market.

Polyphenylene sulfide resin production in 2021 is estimated to surpass 120 KT, with approximately 50% being consumed in the APEJ region, states Fact.MR, a market research and competitive intelligence provider. Overall polyphenylene sulfide (PPS) resin consumption is set to reach 199 KT by the end of 2031. 

Need more information about Report Methodology? Click here-

Amongst the prominent applications of polyphenylene sulfide resins (automotive, industrial, electrical & electronics, aerospace & defence, coatings, filters & filter bags and others), its use as a lightweight and heat-resistant (PPS) resin in the automotive sector generates approximately 45% of overall market revenue.

Moreover, polyphenylene sulfide resin application in the industrial and aerospace & defence sectors is set to gain nearly 228 BPS and 62 BPS by end of 2031, respectively.

PPS Resins Market Size in 2020 US$ 1 Bn
Consumption Forecast for PPS Resins by 2031 US$ 2.2  Bn
Global Market Growth Rate (2021 to 2031) 6.7% CAGR
Share of Top 5 Manufacturers of PPS Resins 77%

Key Segments Covered in PPS Resins Industry Research

By Application
Electrical & Electronics
Aerospace & Defence
Filters & Filter Bag

Full Access of this Exclusive Report is Available at-

Top Companies in the Polyphenylene Sulfide Resins Industry

Market players in the PPS resins business have mainly opted for organic growth strategies such as capacity expansion, product development, and innovation. These strategies are helping PPS resin key players expand their regional footprint and garner market share, thus providing them with a competitive advantage.

In September 2018, Toray Industries Inc. publicized the investment of US$ 89.3 Mn to increase polyphenylene sulfide resin output capacity at its Gunsan plant in South Korea

In September 2017, DIC Corporation expanded its polyphenylene sulfide production lines in Japan and invested US$ 7.2 Mn to increase annual PPS production up to 3,500 metric tons.

In October 2018, Solvay launched all new polyphenylene sulfide extrusion grades through the trade name Ryton®, primarily designed for cooling line assemblies in the automotive sector.

Similar, recent developments related to companies offering in polyphenylene sulfide (PPS) resin business have been tracked by the team at Fact.MR, which are available in the full report.

Fact.MR has provided detailed information about the price points of top manufacturers of polyphenylene sulfide resins positioned across regions, sales growth, production capacity, and speculative production expansion, in the recently published report.

Key Takeaways from Market Study

Global polyphenylene sulfide resins market is expected to create a value opportunity of around US$ 950 Mn over the forecast period of 2021 to 2031.

Use of PPS resins in the automobile industry as a replacement of metals will generate 2.8X revenue by the end of 2031.

Demand for polyphenylene sulfide resins for aerospace and defence applications is set to add 2X value by 2031.

Asia Pacific except Japan (APEJ) is expected to maintain its reign in terms of demand, accounting for more than 50% of global PPS resin demand.

Polyphenylene sulfide resin production in North America and Japan is in the state of overproduction, and thus, manufacturers from these regions are targeting growth opportunities in countries such as China, which is consuming around 88% of total PPS resins in the APEJ region.

The global market is highly consolidated, with Solvay SA, Toray Industries Inc., DIC Corporation, and Fortron Industries LLC among the top players in the market.

“Use of PPS resins in automotive applications will emerge as a significant revenue stream for market players. Growing demand for lightweight, high-performance plastics for specialized applications that require a combination of extraordinary properties and high efficiency will strengthen demand for PPS resins,” says a Fact.MR analyst.

Read More Trending Reports of Fact.MR-

Report Benefits & Key Questions Answered

PPS Resin Company & brand share analysis: The report offers brand-share analysis on PPS Resin market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.

PPS Resin Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.

PPS Resin Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.

PPS Resin Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.

PPS Resin Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.

Post COVID consumer spending on PPS Resin: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on PPS Resin sales.

More Valuable Insights on PPS Resin Market

Fact.MR, in its new report, offers an unbiased Market Analysis of PPS Resin, Sales and Demand of PPS Resin, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Coverage on the Chemicals and Materials Domain:

Bio-succinic Acid Market -

Surge Suppression IC Market –

Liquid Propellants Market –

US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Newer Grades of PPS Compounds is Expected to Gain Immense Traction and Bolster Demand for PPS resin – Fact.MR Study here

News-ID: 2531812 • Views: 515

More Releases from Fact.MR

Autonomous Last Mile Delivery Market to Show Commendable Growth at a CAGR of 19%; Opines Fact.MR
Autonomous Last Mile Delivery Market to Show Commendable Growth at a CAGR of 19% …
It is anticipated that the global autonomous last-mile delivery market would expand at a CAGR of over 19%. The need for autonomous last-mile delivery has rapidly increased in recent years. Due to advancements in delivery system technology, the market has experienced tremendous growth in recent years. The market's growth can be attributed to the rising use of autonomous vehicles for human-free delivery of commodities. Additionally, the expansion of the e-Commerce industry
08-29-2023 | Health & Medicine
Point of Care Diagnostics Market is Prophesied to Reach US$ 66 Billion by the en …
According to this new report, point of care test (POCT) kit shipments are anticipated to soar at a CAGR of almost 7% between 2021 and 2028. The global point of care diagnostics market had a value of $34.1 billion in 2020 and is projected to grow to $66 billion by the end of 2028. In the upcoming years, point of care diagnostics will generate more money due to the rising global
Global Calcium Fluoride Market is Predicted to Reach a Valuation of US$ 3.5 Bill …
From 2023 to 2033, there will be a sharp rise in the demand for calcium fluoride, with a CAGR of 8.1% predicted. Calcium fluoride is a crucial component in the production of calcium sulfate and hydrogen fluoride. According to data given by Fact.MR, a supplier of market research and competitive intelligence, the global calcium fluoride market is anticipated to reach a value of US$ 3.5 billion by the end of
Brine Chillers Market is Predicted to Rise at a CAGR of 4.4% Through 2033
Brine chillers are used to provide cooling solutions in a variety of industries. Including chemical processing, pharmaceuticals, food and beverage production, and HVAC systems, among others. The global brine chillers market is anticipated to reach a value of US$ 11.76 billion in 2023 and increase at a CAGR of 4.4% between 2023 and 2033. The brine chillers industry is likely to be worth US$ 18.09 billion by 2033.In the upcoming years,

All 5 Releases

More Releases for PPS

PPS Celebrates Carbon Neutral Status
PPS Midlands Ltd, the UK's leading supplier of Returnable Equipment Solutions, has underlined its ongoing commitment to sustainability by becoming an officially accredited carbon neutral business. Partnering with Carbon Neutral Britain, The PPS Group has offset its carbon emissions for 2021 via a range of approved sustainable projects that contribute towards protecting the environment and supporting communities across the world. Speaking upon receipt of the certificate confirming the PPS Group's
PPS Screws Industry Outlook and Overview 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the PPS Screws industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on PPS Screws and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). Global PPS Screws Market Overview: GLOBAL INFO RESEARCH has evaluated the global PPS Screws market in its latest research report. The research report, titled [Global
PPS Compounds Market by Application, Type, Region - 2020
" Los Angeles, United States, April, 2020, QY Research has acquired great experience in market research and has been producing reports offering critical analysis of various markets with quality and accuracy. Our market analysts utilize various research methodologies to offer precise and reliable information to the market players to effectively design new growth strategies with an aim to strengthen their presence in the market. They also provide various SWOT and PESTLE
PPS Resin Market: Competitive Dynamics & Global Outlook 2024
Market Research Report Store offers a latest published report on PPS Resin Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the PPS Resin market will register a 7.7% CAGR in terms of revenue, the global market size will reach US$ 976.1 million by 2024, from US$ 725.9 million in 2019. In
Global PPS Filter Bags Market Growth 2019-2024
LP INFORMATION offers a latest published report on PPS Filter Bags Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the PPS Filter Bags market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019.
PPS Business Opportunities (2005-2025)
“PPS made available commercially by Chevron Phillips in the early 70’s, is now an important category of engineering plastic. A characteristic polymer with exceptional chemical resistance and high-temperature stability can be used in a wide array of industrial applications. The current PPS market share remains dominated by automotive sector, but emerging end uses like aerospace & defense and filter media applications will continue to experience strong growth. PPS demand has been