Polyphenylene Sulfide (PPS) Resins Market to Witness Exponential Growth by 2029

Technological advancements such as the introduction of newer grades of PPS and innovations in manufacturing processes is aiding the demand for enhanced and compatible polyphenylene sulfide (PPS) resins. The Global polyphenylene sulfide resins market is forecast to surpass US$ 1.9 Bn in 2029, reveals Fact.MR in a recently published report. Notable advancements such as high consumption of PPS in hybrid electric vehicles and molding of chlorine free electronic devices is giving traction to the PPS market. Other bundled applications of PPS in industrial coatings and filtration is likely to propel demand growth. Global polyphenylene sulfide (PPS) resins market is poised to reflect a positive growth of around 6% CAGR for these sectors. Automotive would be the dominant application of polyphenylene sulfide (PPS) resins.

Newer Opportunities Abound for Producers in China

APEJ (Asia and Pacific except Japan) accounts for significant market share in global polyphenylene sulfide (PPS) resins market. China will be the main target for future growth opportunities in the region. The region accounts for just over half of global revenue share and is anticipated to grow at an impressive CAGR of over 8% due to strong growth in industrial production and favorable government stance for use of PPS filter bags in coal thermal plants. With demand for polyphenylene sulfide (PPS) resins in North America and Japan having reached maturity, producers from the regions are expected to market their products aggressively in faster-growing markets like China. Thus manufacturers from China should expect more intensified foreign competition. On the other hand, PPS demand in MEA and Latin America is mainly met through imports.

Following Questions Answers Covered in the Report are:

• How will the global Polyphenylene Sulfide (PPS) Resins Market perform during the forecast period? What will be the market size in terms of value and volume?
• Which segment will drive the global Polyphenylene Sulfide (PPS) Resins Market? Which regional market will show extensive growth in the future? What are the reasons?
• How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
• What are the key strategies adopted by players to sustain themselves in the global Polyphenylene Sulfide (PPS) Resins Market?
• How will these strategies influence the market growth and competition?

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Regional analysis includes

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

Get More Insights –http://www.globenewswire.com/en/news-release/2018/01/08/1284765/0/en/How-Global-Market-for-Cocoa-Liquor-will-expand-during-2017-2026-6-Forecast-Highlights-by-Fact-MR.html

Polyphenylene Sulfide (PPS) Resins Market: In-depth Analysis on Competitive Landscape

The report sheds light on the leading manufacturers of the polyphenylene sulfide (PPS) resins along with their detailed profiles. Essential and Up-to-date data information related to the market performers, who are principally engaged in the production of the polyphenylene sulfide (PPS) resins, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits the report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which includes essentials such as product portfolio, key strategies along with an all-inclusive SWOT analysis on each player. The company presence is mapped and presented through the matrix for all the prominent players thus providing the readers with actionable insights, which helps in thoughtfully presenting market status, and predicting the competition level in polyphenylene sulfide (PPS) resins market. Prominent companies operating in the global polyphenylene sulfide (PPS) resins market, include Solvay SA, Toray Industries, Kureha Corporation, Fortron Industries LLC, DIC Corporation, and Initz Co. Ltd.

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