10.06.2016 Views

Global Polyphenylene Sulfide (PPS) Market Research Report and Forecast To 2020 : Hexa Research

Polyphenylene sulfide (PPS) market is expected to grow over the forecast period due its application as a high performance thermoplastic (HPTPs). Global demand is expected to exceed 150 kilo tons by 2020 growing at a double digit CAGR from 2014 to 2020.

Polyphenylene sulfide (PPS) market is expected to grow over the forecast period due its application as a high performance thermoplastic (HPTPs). Global demand is expected to exceed 150 kilo tons by 2020 growing at a double digit CAGR from 2014 to 2020.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Hexa</strong> <strong>Research</strong><br />

Fact-based market research, penetrating industry insights <strong>and</strong> validated<br />

forecasts to help you make better decisions for a stronger future<br />

<strong>Global</strong> <strong>Polyphenylene</strong> <strong>Sulfide</strong> (<strong>PPS</strong>) <strong>Market</strong> Size, Share, Growth<br />

Industry Analysis <strong>and</strong> <strong>Forecast</strong>s, 2012 <strong>To</strong> <strong>2020</strong>: <strong>Hexa</strong> <strong>Research</strong><br />

<strong>Polyphenylene</strong> sulfide (<strong>PPS</strong>) market is expected to grow over the forecast period due its<br />

application as a high performance thermoplastic (HPTPs). <strong>Global</strong> dem<strong>and</strong> is expected to<br />

exceed 150 kilo tons by <strong>2020</strong> growing at a double digit CAGR from 2014 to <strong>2020</strong>. HPTPs are<br />

high price <strong>and</strong> low volume polymers making them suitable for a variety of niche applications<br />

which requires superior properties. <strong>PPS</strong> is mostly compounded with glass <strong>and</strong> carbon fiber in<br />

order to improve its mechanical properties. <strong>PPS</strong> dem<strong>and</strong> is mainly driven by its end use<br />

industries in emerging economies of Asia Pacific (India <strong>and</strong> China) <strong>and</strong> Latin America<br />

(Argentina <strong>and</strong> Brazil). China automobile production increased to 19.27 million in 2012 due to<br />

huge market potential <strong>and</strong> low labor cost making it an automobile manufacturing hub, which in<br />

turn will increase the dem<strong>and</strong> in china over the forecast period.<br />

Contact: +1-800-489-3075<br />

Email : sales@hexaresearch.com<br />

Website: http://www.hexaresearch.com/


<strong>Hexa</strong> <strong>Research</strong><br />

Fact-based market research, penetrating industry insights <strong>and</strong> validated<br />

forecasts to help you make better decisions for a stronger future<br />

A major restraint is the high price which can hamper growth of market over the forecast period.<br />

<strong>PPS</strong> market suffered a decline in dem<strong>and</strong> during recession due to decrease in dem<strong>and</strong> for<br />

automotive <strong>and</strong> other electrical <strong>and</strong> electronic appliances. Lumena is a major manufacturer of<br />

<strong>PPS</strong>, as of 2012 company has a production capacity of over 55,000 tons <strong>and</strong> is planning to<br />

increase it further over the next three years. DSM Engineering Plastic <strong>and</strong> China Lumena New<br />

Material Corporations have agreed on joint marketing efforts for variety of engineering plastics.<br />

Browse Detail <strong>Report</strong> @http://www.hexaresearch.com/research-report/<strong>Polyphenylene</strong>sulfide-industry/<br />

Application Insights<br />

<strong>PPS</strong> finds applications in industries including electronics <strong>and</strong> electrical, automotive, filter bags,<br />

coatings, industrial, aerospace <strong>and</strong> defense. Filter bags were the largest segment accounting<br />

for about 50% of market share. Filter bags are used in different applications including the<br />

maintenance of low toxin level in flue gas <strong>and</strong> to prevent other harmful gases releasing into<br />

atmosphere by thermal power plant <strong>and</strong> coal fired power plant. With growing dem<strong>and</strong> of power<br />

in emerging economies due to rapid urbanization <strong>and</strong> industrialization the requirement of power<br />

plant has increased which in turn will boost the dem<strong>and</strong> of <strong>PPS</strong> over forecast period due to<br />

application in filter bags. <strong>PPS</strong> is used in different automobile parts including switches, pistons,<br />

engine components, coolant system <strong>and</strong> transmission components. With an increase in<br />

automobile industry in countries such as China, Brazil, India, Malaysia <strong>and</strong> Indonesia the<br />

dem<strong>and</strong> is expected to grow over the forecast period. <strong>PPS</strong> is utilized in electrical <strong>and</strong> electronic<br />

appliances due to its excellent qualities such as flame resistance <strong>and</strong> high temperature<br />

compatibility making it a cost effective solution for such applications. <strong>PPS</strong> dem<strong>and</strong> is expected<br />

to grow with its niche applications in coating, aerospace, industrial <strong>and</strong> defense.<br />

Request a Sample copy of This <strong>Report</strong> @ http://www.hexaresearch.com/sample/23<br />

Contact: +1-800-489-3075<br />

Email : sales@hexaresearch.com<br />

Website: http://www.hexaresearch.com/


<strong>Hexa</strong> <strong>Research</strong><br />

Fact-based market research, penetrating industry insights <strong>and</strong> validated<br />

forecasts to help you make better decisions for a stronger future<br />

Regional Insights<br />

Asia Pacific was the largest <strong>PPS</strong> market accounting for about 75% of total market share in<br />

terms of volume. The region is expected to grow at a CAGR of over 11% due to rapid<br />

industrialization <strong>and</strong> increase in disposable income. Countries like China <strong>and</strong> India which are<br />

heavily dependent on thermal <strong>and</strong> coal fired power plant to meet their increasing power dem<strong>and</strong><br />

<strong>and</strong> growing automotive sector, will increase <strong>PPS</strong> market dem<strong>and</strong> in region. European market is<br />

expected to have a stagnant growth over the forecast time period as there are less number of<br />

coal fired <strong>and</strong> thermal power plant in region due to strict environment laws <strong>and</strong> high concern<br />

amongst the citizens to protect environment. <strong>PPS</strong> market in RoW was evaluated at over USD<br />

32 million in 2013 <strong>and</strong> is expected to grow considerably over the forecast period due to growing<br />

industrialization <strong>and</strong> high automotive dem<strong>and</strong>.<br />

Table of Contents<br />

Chapter 1 Executive Summary<br />

1.1 <strong>PPS</strong>– Industry Summary & Critical Success Factors (CSFs)<br />

Chapter 2 <strong>PPS</strong> Industry Outlook<br />

2.1 <strong>Market</strong> Segmentation<br />

2.2 <strong>Market</strong> Size <strong>and</strong> Growth Prospects<br />

2.3 <strong>PPS</strong> Value Chain Analysis<br />

2.3.1 Key Driver Analysis<br />

2.3.1.2 Growing dem<strong>and</strong> from application areas<br />

2.3.2 Key Restraint Analysis<br />

2.3.2.1 Downturn in automotive <strong>and</strong> appliance industry<br />

2.4 <strong>PPS</strong> <strong>Market</strong> Dynamics<br />

2.5 Key Opportunities Prioritized<br />

2.6 Industry Analysis - Porter's<br />

Contact: +1-800-489-3075<br />

Email : sales@hexaresearch.com<br />

Website: http://www.hexaresearch.com/


<strong>Hexa</strong> <strong>Research</strong><br />

Fact-based market research, penetrating industry insights <strong>and</strong> validated<br />

forecasts to help you make better decisions for a stronger future<br />

2.7 <strong>PPS</strong>– Company <strong>Market</strong> Share Analysis<br />

2.8 <strong>PPS</strong>- PESTEL Analysis<br />

Browse Full <strong>Report</strong> @<br />

http://www.hexaresearch.com/research-report/<strong>Polyphenylene</strong>-sulfide-industry/<br />

About Us:<br />

<strong>Hexa</strong> <strong>Research</strong> is a market research <strong>and</strong> consulting organization, offering industry reports,<br />

custom research <strong>and</strong> consulting services to a host of key industries across the globe. We offer<br />

comprehensive business intelligence in the form of industry reports which help our clients obtain<br />

clarity about their business environment <strong>and</strong> enable them to undertake strategic growth<br />

initiatives.<br />

Contact Us:<br />

Ryan Shaw<br />

<strong>Hexa</strong> <strong>Research</strong><br />

Felton Office Plaza<br />

6265 Highway 9<br />

Felton, California 95018<br />

United States<br />

Phone: +1-800-489-3075<br />

Email: sales@hexaresearch.com<br />

Website - http://www.hexaresearch.com/<br />

Contact: +1-800-489-3075<br />

Email : sales@hexaresearch.com<br />

Website: http://www.hexaresearch.com/

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!