Polyphenylene Sulfide Market worth 1,574.7 Million USD by 2020

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Polyphenylene Sulfide Market by Application, By
Region - Global Forecast to 2020
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Polyphenylene Sulfide Market worth 1,574.7
Million USD by 2020
The report "Polyphenylene Sulfide Market by
Application (Automotive, Electrical
Electronics, Filter Bags, Aerospace, Industrial,
Coatings, and Others) and by Region
(Asia-Pacific, North America, Europe, and Row) -
Global Forecast to 2020", The global
Polyphenylene Sulfide (PPS) market size is
estimated to grow from USD 995.1 Million in 2015
to USD 1,574.7 Million by 2020, at a CAGR of
9.6.
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Polyphenylene Sulfide Market worth 1,574.7
Million USD by 2020
Browse gtgt 71 data tables
48 figures
121 pages and in-depth TOC on Polyphenylene
Sulfide Market Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 4650 for single
user. The market is driven by increasing demand
for PPS in emerging markets and high demand from
the automotive, electrical electronics, and
filter bag application segments. Among all the
regions, Asia-Pacific is projected to witness
strong growth in the next five years. Growth in
this region can be attributed to high demand from
emerging markets such as China and India
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Polyphenylene Sulfide Market worth 1,574.7
Million USD by 2020
Automotive and filter bags, the largest
applications of PPS The growing popularity of
PPS over metals and conventional polymers in
various applications play a significant role in
driving the market. Automotive, electrical
electronics, and filter bags are the most its
important applications. A normal gasoline
automotive requires nearly 1 kg of PPS, whereas
hybrid and electric automotive require nearly 5
kegs of PPS, which is used as a metal
replacement. PPS helps decrease the weight of
automotive, which enhances the efficiency.
Globally, 15 governments have joined forces for
encouraging the use of electric and hybrid
vehicles, thus driving the PPS market. The PPS
filter bags industry is seeing high growth in
Asia-Pacific, with increasing consumption in coal
power plants and stringent regulations set for
controlling the release of particulate matter in
China. The PPS filter bags market is likely to
have high growth potential during the forecast
period, as these filter bags have an efficiency
of more than 99.
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Polyphenylene Sulfide Market worth 1,574.7
Million USD by 2020
Rising demand in Asia-Pacific is the major
driver for growth of PPS market In 2015,
Asia-Pacific is estimated to account for the
largest market share in terms of volume. Robust
demand in Asia-Pacific and increasing consumption
for PPS filter bags shall be the major driving
factors for the global PPS market during the
forecast period. China is one of the leading
consumers of PPS worldwide with increased demand
from the filter bags application. The players
profiled in the PPS market report are DIC Corp.
(Japan), Tosoh Corp. (Japan), Toray Industries
Inc. (Japan), Kureha Corp. (Japan), Solvay SA
(Belgium), Fortran Industries LLC (U.S.), China
Lumena New Materials Corp. (China), Initz Co. Ltd
(South Korea), Zhejiang NHU Special Materials
(China), and Lion Idemitsu Composites Co. Ltd.
(Japan).
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Polyphenylene Sulfide Market worth 1,574.7
Million USD by 2020
The scope of the report covers detailed
information regarding the major factors
influencing the growth of the PPS market such as
drivers, restraints, challenges, and
opportunities. A detailed analysis of the key
industry players has been done to provide
insights into their business overview, products
services, key strategies, investments
expansions, mergers acquisitions, partnerships,
agreements, collaborations, and recent
developments associated with the
market. Purchase a Copy of this Report Today !
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