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Global Polyphenylene Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies Include Toray Industries Inc., Solvay SA, Tosoh Corporation, DIC Corporation, Kureha Corporation
Polyphenylene Market
Polyphenylene Market Size, Growth Rate, And Forecast
The global polyphenylene market size is expected to grow from $4.09 billion in 2022 to $4.46 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The polyphenylene market size is expected to grow to $6.16 billion in 2027 at a CAGR of 8.4%.
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Polyphenylene Market Drivers
The demand for the replacement of conventional materials is expected to propel the growth of the polyphenylene market forward. Conventional materials are traditionally used materials such as plastics with polyethylene and polyvinyl chloride. Polyphenylene polymers are biodegradable and serve as an alternative to conventional materials.
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Polyphenylene Market Segments
• By Type: Polyphenylene Sulfide (PPS), Polyphenylene Ether or Oxide (PPE or PPO), Other Types
• By Application: Composites, Engineering Plastics, High Performance Lubricants, Filter Bags, Other Applications
• By End-Use Industry: Automotive, Electrical and Electronics, Industrial, Coatings, Other End-Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Polyphenylene market.
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Polyphenylene Market Key Players
Major competitors in the Polyphenylene market include Toray Industries Inc., Solvay SA, Tosoh Corporation, DIC Corporation, Kureha Corporation, LG Chem Limited, Celanese Corporation, Saudi Arabia Basic Industries Corporation, China Lumena New Materials Corporation
The Business Research Company's "Global Polyphenylene Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Polyphenylene Market Include:
1. Executive Summary
2. Polyphenylene Market Characteristics
3. Polyphenylene Market Trends And Strategies
4. Polyphenylene Market - Macro Economic Scenario
5. Polyphenylene Market Size And Growth
………
28. Key Mergers And Acquisitions In The Polyphenylene Market
29. Polyphenylene Market Future Outlook and Potential Analysis
30. Appendix
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