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.
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
− US
− Canada
− Mexico
• Europe
− Germany
− Spain
− France
− United Kingdom
− Russia
• Asia Pacific
− China
− Japan
− India
− South Korea
− Thailand
• The Rest of the World
More than 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…… [email protected].
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.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the polyphenylene market by product type (polyphenylene sulfide and polyphenylene ether/oxide), end use industry (automotive, electrical and electronics, industrial, and coatings), application (engineering plastics, filter bag, composites, and high performance lubricants), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the polyphenylene market?
Q.5 What are the business risks and threats to the polyphenylene market?
Q.6 What are emerging trends in the polyphenylene market and the reasons behind them?
Q.7 What are some changing demands of customers in the polyphenylene market?
Q.8 What are the new developments in the polyphenylene market? Which companies are leading these developments?
Q.9 Who are the major players in the polyphenylene market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the polyphenylene area, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in the polyphenylene market?