Polyphenylene Ether Alloy Market: Demand for Lighter Automotive Components for Reduced Emissions Benefits Market 2025
A notable trend observed in the global polyphenylene ether (PPE) alloy market is joint ventures between market participants and pursuits for PPE capacity expansion. This is not only strengthening the technical expertise and production capacity of partnering companies, but also bolstering their operational capabilities. A case in point is Asahi Kasei Chemicals Corporation. In January 2017, the company entered into a joint venture with China National Bluestar (Group) Co. Ltd. As per the agreement, Asahi Kasei Chemicals Corporation will commence the production and sale of its mPPE brand Xyron in China, including the intermediate material i.e. 2, 6-xylenol and polyphenylene ether (PPE).
A report by Transparency Market Research forecasts the global polyphenylene ether alloy market to expand at a CAGR of 4.9% between 2016 and 2025. The market is expected to attain a value of US$1,951.2 mn by 2025 from a valuation of US$1,264.7 mn in 2016.
Obtain Report Details @ http://www.transparencymarketresearch.com/polyphenylene-ether-alloy-market.html
North America to Stay Dominant in Future
The global polyphenylene ether alloy market has been studied based upon product type, end users, and geography in this report. The product type segments of the market considered in this report are PPE/PS, PPE/PA, PPE/PP, and others. Amongst all, the segment of PPE/PA currently leads the market and is expected to display notable growth in the upcoming years due to the rising demand for recycled plastic in electrical and electronics and due to the demand for light weight components in automobiles.
North America held the leading share in the global polyphenylene ether alloy market in 2015 followed by Europe volume-wise. The trend is expected to continue over the forecast period owing to the increasing demand for sustainable products. The rapid growth in automotive sector combined with rising demand for recycled plastic in consumer electronics and other industrial applications is fuelling the growth of North America PPE alloy market.
Favorable Physical Properties Stoke Demand for Polyphenylene Ether Alloy across Industries
The global polyphenylene ether alloy market is driven by several factors, of which rising demand for reducing the weight of automotive components for fuel efficiency is a prominent one. Stringent regulations to curb CO2 emissions has compelled manufacturers to opt for revolutionary materials which is working in favor of the market.
Another significant factor driving the market is stringent regulations in place across several industries for controlling corrosion of equipment. This makes polyphenylene ether alloy suitable for several applications, especially fluid transporting equipment as it possesses high hydrolytic stability due to its low absorption rate properties. Furthermore, polyphenylene ether alloys are eco-friendly, recyclable, and display high dimensional stability by virtue of which they are expected to witness demand from electrical and electronics and medical industry.
Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=28160
The demand for high performance cables in electrical and electronics is significantly boosting the polyphenylene ether alloy market. This is because polyphenylene ether alloy displays excellent dimensional stability and low creep behavior at elevated temperatures, which make them suitable for circuits, wires, cables, and plugs.
On the flip side, high production cost and fluctuating raw material cost for PPE alloy are negatively impacting the market. Availability of other thermoplastics such as polycarbonate and polybutylene terephthalate that are low in cost and are at par with PPE alloy in functionality is proving detrimental to the market’s growth.
The global polyphenylene ether alloy market is segmented as follows:
Polyphenylene Ether Alloy Market – Product Type Analysis
Polyphenylene Ether Alloy Market – End-user Type Analysis
--Electrical & electronics
The review presented here is based on the findings of a report by Transparency Market Research, titled “Polyphenylene Ether Alloy (PPE) Market (Product - PPE/PS, PPE/PA, and PPE/PP; End-user - Automotive, Electrical & Electronics, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700, Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Visit Blog: http://marketresearchreports2017.blogspot.in
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 Polyphenylene Ether Alloy Market: Demand for Lighter Automotive Components for Reduced Emissions Benefits Market 2025 here
News-ID: 653214 • Views: 270
More Releases from Transparency Market Research
Dielectric Gases Market Shares, Strategies and Opportunities 2027
Overview TMR’s report on the Dielectric Gases Market is an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Dielectric Gases market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Dielectric Gases market over the
Oxalic Acid Market Size will Observe Lucrative Surge by the End 2027
Overview TMR’s report on the Oxalic Acid Market is an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Oxalic Acid market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Oxalic Acid market over the
Long Fiber Thermoplastics Market Shares, Strategies and Opportunities 2027
Overview TMR’s report on the Long Fiber Thermoplastics Market is an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Long Fiber Thermoplastics market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Long Fiber Thermoplastics
High Performance Foaming Agents Market Size will Observe Lucrative Surge by the …
Overview TMR’s report on the High Performance Foaming Agents Market is an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the High Performance Foaming Agents market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the High
More Releases for PPE
Personal Protective Equipment (PPE)
Personal Protective Equipment (PPE) Market research report examines adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, key challenges, Personal Protective Equipment (PPE) industry ecosystem, and revenue chain analysis. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Personal Protective Equipment (PPE) market. The report is thoroughly segmented by product type, application, vertical, and region. The points that are discussed within
Global Cryogenic PPE Market Forecast 2018-2025
ResearchMoz presents Professional and In-depth Study of "Global Cryogenic PPE Market Size, Status and Forecast 2018-2025" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect. ' ' This report focuses on the global Cryogenic PPE status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cryogenic PPE development in United States, Europe and China. In 2017,
Global Polyphenylene Ether Alloy (PPE) Market Size, Share | MarketResearchReport …
Latest industry research report on: Global Polyphenylene Ether Alloy (PPE) Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Global Polyphenylene Ether Alloy Market: Overview Polyphenylene ether alloy is an engineering thermoplastic widely employed in automotive, electrical & electronic, and industrial applications. They are also known as blended or modified polyphenylene ether alloy as other thermoplastics such as polystyrene or polyamide has been used in their formulation.
Global Smart PPE Industrial and Market Analysis 2017-2021
"Global Smart PPE Market 2017-2021" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- ** About Smart PPE PPE is used to protect users against hazards that can be encountered in an industrial setting. The various types of PPE include safety gloves, helmets, glasses, high-visibility clothing, safety footwear, safety harnesses, and respiratory protection. Smart PPE involves the incorporation of advanced technologies in personal protective equipment. This
Global PPE Market 2016- GE, Asahi Kasei, Mitsubishi, Ensinger, BASF.
Market.Biz has recently launched new Market Research Report on "PPE Industrial Market" is a in-depth and professional survey on PPE Industrial Market. The research study Global PPE Industrial Industry offers strategic assessment of the Global PPE Industrial market. The industry report focuses on the growth opportunities, which will help the Global PPE Industrial industry to expand operations in the existing markets. The players list (Partly, Players you are interested in can
New EU Regulations Mean Changes to PPE Legislation
The European Commission has replaced Personal Protective Equipment (PPE) Directive 89/686/EEC with Regulation 425/2016/EU. This requires companies working in this sector to be aware of a number of key changes to the regulations relating to PPE. Regulation 425/2016/EU was approved on March 9, 2016, and published in the Official Journal of the European Union on March 31, 2016. The directive will come into effect on April 21, 2018. The acceptance of