According to a market report by Lucintel, the future of the polyphenylene market looks promising with opportunities in the automotive, electrical and electronics, industrial, and coating industries. The polyphenylene market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are growing use of polyphenylene resin in various end use industries, increasing consumption in the filter bag application, and replacement of conventional materials.
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In this market, polyphenylene sulfide (PPS) and polyphenylene ether/oxide(PPE/PPO) are the major product type of polyphenylene market. Polyphenylene sulfide (PPS) is the largest product type.
Within the polyphenylene market, automotive, electrical & electronics, industrial and coatings are the major end use industries.
Engineering plastics, filter bag, composites, high performance lubricants are the major application type of the polyphenylene market.
APAC will remain the largest market over the forecast period due to rise in population, increasing demand for polyphenylene from the electronics & electrical and automotive industries.
Toray Industries, Solvay, Tosoh Corporation, DIC Corporation, Kureha Corporation, LG Chem, Celanese Corporation, Saudi Arabia Basic Industries Corporation (SABIC), China Lumena New Material, and Ensigner are among the major manufacturers of polyphenylene.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the polyphenylene market by product type, end use industry, application, and region. Lucintel has prepared a comprehensive research report entitled “Polyphenylene Market 2019-2024: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the polyphenylene market by product type, end use industry, application, and region as follows:
By Product Type [$M shipment analysis for 2019 – 2024]:
Polyphenylene Sulfide
Polyphenylene Ether/Oxide
By End Use Industry [$M shipment analysis for 2019 – 2024]:
Automotive
Electrical and Electronics
Industrial
Coating
By Application [$M shipment analysis for 2019 – 2024]:
Engineering Plastics
Filter Bag
Composites
High Performance Lubricants
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/global-polyphenylene-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.