11.07.2019 Views

Polyphenylene Ether Alloy Market analysis research and trends report for 2019 – 2025

The Polyphenylene Ether Alloy Market trends are analysis from recent past with an eye on coming years in this report that also offers projections for Polyphenylene Ether Alloy Industry targeted at helping in business decisions.

The Polyphenylene Ether Alloy Market trends are analysis from recent past with an eye on coming years in this report that also offers projections for Polyphenylene Ether Alloy Industry targeted at helping in business decisions.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Browse complete summary of this <strong>report</strong> @<br />

https://bit.ly/2xI4xhP<br />

Automotive market is changing with the advent of self-driving <strong>and</strong> electric vehicles<br />

(EV). Currently, EV <strong>and</strong> solar panels dem<strong>and</strong> is highest in Europe with the number of<br />

sales increasing annually. According to the European Environmental Agency, sales<br />

of electric vehicles in Europe increased by 51% in 2017, as compares to 2016 sales.<br />

The sales in 2017 were the highest increase since 2008. On the other h<strong>and</strong>, fuelbased<br />

automotive makers are stressing on making more energy efficient cars <strong>and</strong><br />

reduce fuel wastage. <strong>Polyphenylene</strong> ether alloy such as PPE/PS <strong>and</strong> PPE/PA have<br />

a wider scope as material <strong>for</strong> both electrical <strong>and</strong> structural components of these<br />

industries.<br />

A variety of homopolymers <strong>and</strong> copolymers are obtained by changing the monomer<br />

types used in the polymerization process. <strong>Polyphenylene</strong> ether is widely combined<br />

with polystyrene (PS) <strong>and</strong> its other variant High Strength Polystyrene (HIPS). Other<br />

polymers combined with polyphenylene ether are polyamide, nylon, <strong>and</strong><br />

polypropylene. The resulting product segments are polyphenylene ether alloys;<br />

PPE/PS, PPE/Polyamide, PPE/Polypropylene, <strong>and</strong> others. The other product segment<br />

includes PPE/HIPS <strong>and</strong> PPE/Nylon. PPE/PS is projected to grow sharply over the<br />

<strong>for</strong>ecast period, owing to its wide preference <strong>for</strong> automotive component manufacturing.<br />

They exhibit properties such as high heat resistance, low moisture absorption,<br />

dimensional stability, excellent hydrolysis resistance, <strong>and</strong> high mechanical strength.<br />

They also displays flame retardant properties.<br />

North America, Asia-Pacific, Europe, <strong>and</strong> Latin America will be the dem<strong>and</strong> driving<br />

regions <strong>for</strong> polyphenylene ether alloys market. Asia Pacific will be the prime dem<strong>and</strong><br />

driving market <strong>for</strong> polyphenylene ether alloy. The growing automobile, solar, water<br />

management sectors <strong>and</strong> rising electrification in emerging economies such as India,<br />

Vietnam, Cambodia etc. will be the prime factors <strong>for</strong> growing polyphenylene ether alloy<br />

dem<strong>and</strong>. Large volume of polyphenylene ether alloys have dem<strong>and</strong> in developing<br />

countries of Latin America <strong>and</strong> Asia Pacific. Electrical <strong>and</strong> electronic products<br />

manufacturing is also growing more complex in China. Additionally, India with its policy<br />

programs such as ‘Make In India’ is also following similar <strong>trends</strong>. Latin American<br />

countries such as Argentina, Brazil, Peru, <strong>and</strong> Colombia are creating their space as<br />

premium automotive original equipment manufacturers (OEMs). As a result of these<br />

developments, the polyphenylene ether alloys market is likely to <strong>for</strong>esee healthy<br />

growth in coming projected time.<br />

The companies operating in polyphenylene ether alloy (PPE) business are<br />

LyondellBasell, SABIC, LG Chem, Nylene, Mitsubishi Engineering-Plastics Corp,<br />

Nytef Plastics, Ltd., PolyOne Corporation, ROMIRA GmbH, Shuman Plastics, Inc.,<br />

Ashley Polymers, Asahi Kasei Plastics, Polygram Plastic Industries LTD, Lubrizol<br />

Advanced Materials, Inc., Korea Kumho Petrochemical Co., Ltd <strong>and</strong> Samyang<br />

Corporation.<br />

© <strong>2019</strong> Global <strong>Market</strong> Insights Inc. All Rights Reserved www.gminsights.com

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

Saved successfully!

Ooh no, something went wrong!