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Polyphenylene Sulfide

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Polyphenylene Sulfide Market report categorizes global market by application and other such industry segments - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024
Polyphenylene Sulfide Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 2018-2026
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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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 product’s 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.
The key players operating in the global polyphenylene sulfide market are Tosoh
Corp., DIC Corp., Toray Industries Inc., Kureha Corp., Solvay SA, China
Lumena New Materials Corp., Lion Idemitsu Composites Co. Ltd., FORTRAN
Industries LLC, Initz Co. Ltd. and Zhejiang NHU Special Materials, among
others.
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pallavi.reddy
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