The Global Polyphenylene Sulfide (PPS) Market is forecasted to reach USD 2.57 Billion by 2028, according to a new report by Reports and Data. PPS is utilized in the manufacture of different electronics components, like connectors, micro switches, coil formers, HDD actuators, circuit breakers, relay components, brush holders, bobbins, motor housing, thermostat parts, and many other things. This product will augment the demand for PPS. The market is expected to witness a rise in demand owing to the increasing application from sectors like electronics, automotive, aerospace and industrial. The product is consumed in high-temperature applications, due to its superior performance and mechanical characteristics.

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Market Scenario:

The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.

Major Companies:

• DIC Corporation
• Solvay S.A.
• Lion Idemitsu Composites Co. Ltd.
• Kureha Corporation
• Tosoh Corporation
• Fortron Industries LLC
• Medacta
• CONMED
• Kinamed Inc.

Competitive Landscape:

The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.

Key questions addressed in the report:

• What is the expected market size of the global Polyphenylene Sulfide (PPS) market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global Polyphenylene Sulfide (PPS) market?

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Polyphenylene Sulfide (PPS) Market Segmentation:

Type Outlook:

• Linear PPS
• Cross-Linked PPS

Application Outlook:

• Automotive
• Electrical & Electronics
• Industrial
• Filter Bags
• Aerospace
• Coatings
• Others

Regional Outlook:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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