Polyphenylene sulfide (PPS) is an organic polymer consisting of aromatic rings linked with sulfides. The distinguished properties of PPS such as flame retardant, chemical resistant, corrosion resistant, dimensional stability, and low moisture absorption are responsible for substitution of heavy metals, mainly required in major end-use industries such as automotive and aerospace.
Some of the key players in the global polyphenylene sulfide market are Tosoh Corporation (Japan), TORAY INDUSTRIES, INC. (Japan), Celanese Corporation (U.S), SK Chemicals (South Korea), Solvay (Belgium), KUREHA CORPORATION (Japan), Polyplastics Co., Ltd. (Japan), DIC CORPORATION (Japan), Chevron Phillips Chemical Company (U.S), Haohua Honghe Chemical Co., Ltd. (China), Kotec Corporation (Japan), TEIJIN LIMITED (Japan), NHU Materials Co. (China), SABIC (Saudi Arabia), and Aetna Plastics Corp. (U.S).
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The global polyphenylene sulfide market is categorized based on type, applications, and region. Based on the type, the market is segmented into virgin and recycled categories. Based on the application segment, the global market is divided into automotive, electrical & electronics, industrial applications, filter bags, coatings, and others.
The Global Polyphenylene Sulfide Market is spanned across five key regions namely Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific is anticipated to show a considerable growth due to the presence of many automotive, electrical & electronics, and coating sectors in India, China, and Japan.
North America is expected to witness a significant growth because of the automobile industries along with the expanding aerospace sector. The technological advancements and increasing investments will be advantageous to the market growth.
Browse the market data and information spread across 140 pages with 33 data tables and 12 figures of the report “Polyphenylene Sulfide Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/polyphenylene-sulfide-market-5642
Rising demand for substitutes such as PEI, polyamide, and PEEK coupled with the high cost of polyphenylene sulfide may restrain the market growth.
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