Polyphenylene Sulfide (PPS) Resins Market By Type (Linear PPS, Cured PPS, Branched PPS), By Application (Automotive, Aerospace & Defense, Industrial, Coatings) & By Region (Europe, East Asia, Latin America) - Global Market Insights 2023 to 2033
According to Fact.MR estimates, the market for polyphenylene sulphide (PPS) resins will be worth US$ 1.3 billion globally in 2023 and is projected to increase at a CAGR of 6.7% to US$ 2.5 billion by the end of 2033.
PPS belongs to the group of high-performance thermoplastics (HPTPs), which are pricey, low-volume polymers utilized in niche markets where extraordinary performance and high efficacy are essential. As a result, the PPS market has several potential to satisfy the requirements of the end-use verticals.
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This Polyphenylene Sulfide (PPS) Resins market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Polyphenylene Sulfide (PPS) Resins along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive Landscape:
Prominent polyphenylene sulfide (PPS) resins manufacturers are Solvay SA, Toray Industries, Kureha Corporation, Chengdu Letian Plastics Co, Ltd., and Lion Idemitsu Composites.
Consumption of polyphenylene sulfide (PPS) resins is led by the introduction of new grades of PPS resins and the rise in the innovation of the manufacturing process.
Prominent companies working in the polyphenylene sulfide (PPS) resins market have adopted several stratagems such as advanced product development, capacity expansion, mergers, acquisitions, and partnerships to gain a competitive edge in the market.
Fact.MR has provided detailed information about the price points of key manufacturers of polyphenylene sulfide (PPS) resins positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Polyphenylene Sulfide (PPS) Resins Industry Research
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Jun 14, 2023