Reports and Data estimates the global Polyphenylene Sulfide (PPS) Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period.
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 products 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.
The product is completely recyclable; it reduces emission levels and increases fuel economy. All these factors are expected to drive the market. It is also preferred more over metals because of its weight reduction. Use of PPS as filter bags in coal-fired power plants is forecasted to boost the market. The need for low emissions, higher fuel economy, and reduction in vehicle’s weight is expanding the automotive industry in countries like China, India, and Brazil and will propel the demand for the market.
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This is the latest report updated with the ongoing COVID-19 pandemic that offers an in-depth analysis of its impact on the growth of the Polyphenylene Sulfide (PPS) market in the forecast period. The outbreak has affected almost all industries worldwide, and this report studies the changes brought about by the pandemic on the overall Polyphenylene Sulfide (PPS) scenario in the current as well as the following years. It also studies the changing dynamics of the global sector to investigate the profit earned or loss suffered by different areas of the industry.
In market segmentation by manufacturers, the report covers the following companies-
DIC Corporation, Solvay S.A., Lion Idemitsu Composites Co. Ltd., Kureha Corporation, Tosoh Corporation, Fortron Industries LLC, Medacta, CONMED, Kinamed Inc., and ConforMIS among
In market segmentation by types of Polyphenylene Sulfide (PPS), the report covers-
- Linear Polyphenylene Sulfide (PPS)
- Cross-Linked Polyphenylene Sulfide (PPS)
In market segmentation by applications of the Polyphenylene Sulfide (PPS), the report covers the following uses-
- Automotive
- Electrical & Electronics
- Industrial
- Filter Bags
- Aerospace
- Coatings
- Others
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Polyphenylene Sulfide (PPS) market during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
Read More Polyphenylene Sulfide (PPS) Market Report@ https://www.reportsanddata.com/report-detail/polyphenylene-sulfide-pps-market
Overall, this report provides a clear view of every vital factor of the market without the need to refer to any other research reports or data sources. Our report will equip you with all the strategically vital facts about the past, present, and future of the market
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