Title: Polyphenylene Sulfide (PPS) Market- Trends, and Forecast 2025
1POLYPHENYLENE SULFIDE (PPS) MARKET - Global
Industry Insights, Trends, Outlook, and
Opportunity Analysis, 20162024
2REPORT DESCRIPTION
Polyphenylene Sulfide Market Overview
Polyphenylene Sulfide (PPS) is a
semi-crystalline, high temperature engineering
plastic, which is widely accepted across various
industries for its remarkable features such as
high mechanical strength, high temperature and
chemical resistance. These properties of PPS make
it an appropriate alternative of choice for
various metals and thermosets. The demand for PPS
has significantly increased in across
applications such as automotive components,
filter bag in coal boilers, and electrical
electronic products. Polyphenylene sulfide or PPS
can be bought in diverse forms and grades,
including fibers, films, coatings, filaments and
compounds. Unfilled PPS resin holds the ability
to be melt spun as well as melt blown, so as to
offer fabrics and fibers that have applications
in flame-resistant clothing, filtration media and
conveyor belts. Various reinforcing materials
such as glass fibers help in reinforcing
polyphenylene sulfide to enhance its thermal and
mechanical properties. PPS is generally applied
in injection molding processes and can even be
turned into films and coatings. These versatile
properties make PPS a preferred choice for
diverse applications across various industries.
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3REPORT DESCRIPTION
Polyphenylene Sulfide Market Taxonomy
- On the basis of application, the global market is
classified into - Automotive
- Electrical electronics
- Industrial
- Filter bags
- Aerospace
- Coatings
- Other applications (sterilizable medical, dental,
and laboratory equipment, hair dryer grills, and
components)
4REPORT DESCRIPTION
Key players focusing on organic growth
strategies to ensure sustainable growth in the
polyphenylene sulfide market
Various leading companies in the global
polyphenylene sulfide market have been launching
new products with more advanced features to
increase the application area and in turn enhance
market presence of the players. For instance, DIC
introduced impact modified PPS, an
elastomer-modified PPS, which possessed features
such as elongation, improved strength, excellent
performance even under high temperature and
humidity, and low flash level. Apart from this, a
few key companies are expanding their production
facilities in order to cater to growing demand
for PPS. For instance, in April 2014, Celanese
Corporation, a specialty materials company,
announced the expansion of its Nanjing, China
manufacturing facility. The company added a new
PPS compounding unit to the facility, which helps
in replacement of thermo sets and metals in
certain applications like aerospace, automotive
and electronics. The PPS market is expected to
witness increasing competition over the near
future with emergence of various local players
focusing on capitalizing on lucrative growth
opportunities on offer in the market. Request to
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5REPORT DESCRIPTION
Polyphenylene Sulfide Market Outlook Increased
consumption of PPS in high-temperature
applications driving market growth
Owing to its properties such as superior
performance, PPS finds wide application in
high-temperature processes. This factor is
projected to notably drive the market growth over
the forecast period. Besides, the recyclable
nature of PPS, along with its ability to increase
fuel economy and cut emission levels, is expected
to further increase its demand, globally. The
products wide usage in different automotive
components, such as transmission components,
switches, coolant systems, and pistons, is also
likely to drive the global polyphenylene sulfide
market growth in the near future. Asia-Pacific
market for polyphenylene sulfide is expected to
witness the fastest growth, during 2016-2024.
This growth can be owed to increased demand from
emerging markets in the region, including India
and China. On the contrary, factors such as easy
availability of substitutes, such as PEEK and
PEI, and price volatility of raw materials are
projected to inhibit global market growth over
the near future.
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