The Global Polyphenylene Sulfide (PPS) Market is forecasted to reach USD 2.17 Billion by 2026, according to a new report by Reports and Data. PPS is utilized in the manufacture of different electronics components, like connectors, micro switches, coil formers, HDD actuators, circuit breakers, relay components, brush holders, bobbins, motor housing, thermostat parts, and many other things. This products will augment the demand for PPS. The market is expected to witness a rise in demand owing to the increasing application from sectors like electronics, automotive, aerospace and industrial. The product is consumed in high-temperature applications, due to its superior performance and mechanical characteristics.
This is the latest report that is inclusive of the current effect of the coronavirus on the market and its forecasted trend. The coronavirus attack on the world economy has impacted all, and thus its impacts are elucidated in-depth in the report for the Polyphenylene Sulfide (PPS) market.
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Some of the dominant and influential players in the Polyphenylene Sulfide (PPS) market are:
DIC Corporation, Solvay S.A., Lion Idemitsu Composites Co. Ltd., Kureha Corporation, Tosoh Corporation, Fortron Industries LLC, Medacta, CONMED, Kinamed Inc., and ConforMIS among
The research helps the user to better comprehend the historical background of the Polyphenylene Sulfide (PPS) market based on facts and figures. The various aspects and factors also include the cost of the products that gather a relatively higher demand and their production cost for the producer to determine the optimum strategy to produce.
Polyphenylene Sulfide (PPS) Market Size – USD 1.14 Billion in 2018, Growth – CAGR of 8.0%, Trends – High demand in automotive and electrical industries.
The report evaluates the CAGR value as well as the market value based on the key market dynamics and growth-inducing factors. This study is based on the latest industry news, growth potentials, and trends. The study is meticulously drawn and is exclusively centered around the market scenarios, competitive landscapes, and the influential participants of the markets.
Type Outlook (Revenue, USD Billion; 2018-2026)
Recyclability Outlook (Revenue, USD Billion; 2018-2026)
Application Outlook (Revenue, USD Billion; 2018-2026)
Electrical & Electronics
End Users Outlook (Revenue, USD Billion; 2018-2026)
Aerospace and Defense
Construction and Buildings
The report covers and elucidates how the market fares in the different regions of the world; the regions included in this study are:
Middle East and Africa
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Further key findings from the report suggest:
-Linear PPS is forecasted to grow with an annual growth rate of 7.7% throughout the forecast period. Cross-Linked PPS holds a market share of 57% in the year 2018.
-Virgin holds a market share of 51% in the year 2018. The decrease in the price of virgin PPS globally will increase its demand.
-Environmental concerns and cost savings is encouraging manufacturers to use recycled PPS, but the implementation of environmental regulations on its use will propel the market for virgin PPS.
-PPS is used in fuel systems parts, power trains, brake system, transmission, and engine components. It is forecasted to hold a market share of 17% by 2026 in the automotive sector.
-Aerospace and Defense holds a market share of 19% in the year 2018 owing to the surge in demand for commercial flying.
-Filter Bags hold a market share of 19% in the year 2018. The product is used in the filter and filter bags used in dust chamber filters in incinerators and coal-fired powered fire stations.
-PPS coatings are applied using methods such as the electrostatic coating on cold or hot surfaces, as slurry coating, fluidized bed coating, and powder flocking. PPS coatings application is limited by large surfaces as they cannot be accommodated in the oven.
Table of Content:
Global Polyphenylene Sulfide (PPS) Market Research Report
Chapter 1: Global Polyphenylene Sulfide (PPS) Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Productions, Revenue (Value) by Region
Chapter 5: Global Supplies, Consumption, Export, Import by Regions
Chapter 6: Global Productions, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Polyphenylene Sulfide (PPS) Market Forecast
Key questions answered:
-Who are the key players, and what are their business strategies for growth in the Polyphenylene Sulfide (PPS) market?
-What is the outcome of the five forces analysis of the Polyphenylene Sulfide (PPS) market?
-What are the different prospects and risks faced by the vendors in the Polyphenylene Sulfide (PPS) market?
-Which opportunities and threats are observed in the Polyphenylene Sulfide (PPS) market?
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This report is for the user to enhance his understanding of the Polyphenylene Sulfide (PPS) market and employ strategies which will later prove most beneficial. The segmentations and explanations are all made in a manner that could be deciphered by a layman. However, there is no compromise on the quality of information which is certified by the industry experts.
Also, the customizations are available for this report and can be availed by the purchaser. The customizations can be made on the basis of the selected regions or participants.