According to a market report by Lucintel, the future of the global PPS compound market looks promising with opportunities in the automotive, electrical & electronic, industrial, aerospace, medical, and consumer good markets. The global PPS compound market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing demand from the aaerospace and oil and gas industry.

A more than 150 – page report is developed to understand trends, opportunity and forecast in PPS compound market to 2030 by type (glass fiber reinforced, glass fiber & mineral filled, carbon fiber reinforced, unfilled, flame retardant, and others), processing (injection molding and extrusion), application (automotive, electrical & electronic, industrial, aerospace, medical, and consumer goods), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, glass fiber reinforced, glass fiber & mineral filled, carbon fiber reinforced, unfilled, and flame retardant are the major segments of PPS compound market by type. Lucintel forecasts that glass fiber reinforced is expected to witness highest growth over the forecast period.

Within this market, aerospace is expected to witness highest growth over the forecast period due to growing demand for PPS compound based products in this sector owing to their affordable prices, exceptional strength, high heat and flame resistance, outstanding oxidation and chemical resistance, low water absorption, low creep, and superior mechanical qualities.

APAC is expected to witness highest growth over the forecast period due to significant demand for PPS compounds from aerospace and defense sector of the region.

DIC, Teijin, RTP, Toray, Sumitomo Bakelite, Solvay, and DSM are the major suppliers in the PPS compound market.

"

This unique 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 write us at [email protected]