DUBLIN--(BUSINESS WIRE)--The "Polyphenylene Market by Type (PPS, PPO/PPE), Application (Engineering Plastics, Filter Bag, Composites, High Performance Lubricants), End-Use Industry (Automotive, Electronics & Electrical, Industrial, Coatings), and Region-Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global polyphenylene market is projected grow from USD 3.37 billion in 2018 to USD 4.99 billion by 2023, at a CAGR of 8.2% during the forecast period.
Stringent government regulations regarding carbon emission reduction, the inclination of automotive manufacturers towards polyphenylene as a replacement of conventional metals, and increasing consumption of polyphenylene in the filter bag application are key factors driving the demand for polyphenylene. However, the high cost of polyphenylene as compared to other conventional materials could lead to a decline in the consumption of polyphenylene.
Polyphenylene sulfide is the largest type of polyphenylene, owing to its wide applicability and need for high thermal resistance, flexibility, high chemical resistance, and excellent electrical properties from various end-use industries such as electrical & electronics and automotive.
Automotive is the largest end-use industry segment of the polyphenylene market, in terms of value. The growing demand for high-performance materials for various applications such as engine compartment, electrical components, chassis, and trim components will drive the polyphenylene resin market for automotive. Hence, this market is expected to witness continuous growth.
Engineering plastics is the largest application segment of the polyphenylene market, in terms of value. The growing demand for flame retardance, high heat deflection, and excellent dimensional stability is expected to drive the polyphenylene market share in the engineering plastic application. Hence, this market is expected to witness continuous growth.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Polyphenylene Resin Market, By Type
7 Polyphenylene Resin Market, By Application
8 Polyphenylene Resin Market, By End-Use Industry
9 Polyphenylene Resin Market, By Region
10 Competitive Landscape
11 Company Profiles
- Asahi Kasei
- Celanese Corporation
- Chevron Phillips Chemical
- China Lumena New Material
- Daicel Corporation
- DIC Corporation
- Kureha Corporation
- LG Chem
- Lion Idemitsu Composites
- RTP Company
- Ryan Plastics
- Saudi Arabia Basic Industries Corporation (SABIC)
- Teijin Limited
- Toray Industries
- Tosoh Corporation
- Zhejiang Nhu Special Materials
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