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Global Polyphenylene Market 2018-2023 – Focus on Automotive, Electronics & Electrical, Industrial &

The global polyphenylene market is estimated to be USD 3.37 Billion in 2018 and is projected to reach USD 4.99 Billion by 2023, at a CAGR of 8.2% during the forecast period.

The polyphenylene market has witnessed significant growth in recent years, owing to the growing use of polyphenylene resins in the automotive and aerospace industries, coupled with their increasing consumption in the filter bag application.

The main types of polyphenylene considered in the report are polyphenylene sulfide, polyphenylene ether/oxide, and others. Owing to their wide applicability and need for high thermal resistance, chemical resistance, flexibility, and high excellent electrical properties from various end-use industries, such as electrical & electronics and automotive, the polyphenylene sulfide type segment led the polyphenylene market in 2017, in terms of value.

Engineering plastics is the largest application of the polyphenylene market, in terms of value. The growing demand for flame retardancy, high heat deflection, and excellent dimensional stability is expected to drive the polyphenylene market in engineering plastic. Hence, this market is expected to witness continuous growth.

Polyphenylene are used in various end-use industries, such as automotive, electronics & electrical, industrial, coating, and others. On the basis of end-use industry, the automotive segment is projected to lead the polyphenylene market during the forecast period.

North America, Europe, APAC, the Middle East & Africa, and South America have been considered as key markets for polyphenylene in the report. APAC is estimated to be the fastest-growing polyphenylene resin market during the forecast period. This growth can be attributed to the rise in population, the increasing demand for polyphenylene from electronics & electrical and automotive industries. These factors are expected to encourage multinational companies to invest more in the region. Moreover, the region is witnessing economic growth.

The polyphenylene market is expected to witness significant growth in the coming years. However, the low heat resistance of separators and various safety issues related to batteries could hinder the growth of the market.

Toray Industries (Japan), Solvay (Belgium), Tosoh Corporation (Japan), DIC Corporation (Japan), Kureha Corporation (Japan), LG Chem (South Korea), Celanese Corporation (US), Saudi Arabia Basic Industries Corporation (Saudi Arabia), China Lumena New Material (China), and Ensigner (Germany) are the key companies operational in the polyphenylene market.

Targeting new markets will enable manufacturers to cater to the rising demand for polyphenylene resins, hence reinforcing their position in the market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities In The Polyphenylene Resin Market
4.2 Polyphenylene Resin Market, By Region
4.3 Polyphenylene Resin Market, By Region and End-Use Industry
4.4 Polyphenylene Resin Market, By Type
4.5 Polyphenylene Resin Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Growing Use of Polyphenylene Resin In Automotive and Aerospace Industries Increasing Consumption In The Filter Bag Application Replacement of Conventional Materials
5.2.2 Restraints Capacity Build and Oversupply High Cost of Polyphenylene Resin In Comparison With Other Conventional Materials
5.2.3 Opportunities Development of Advanced Products Preference In Various Applications Due to Special Properties
5.2.4 Challenges Development of Halogen-Free and Eco-Friendly Polyphenylene Resin
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Overview
5.4.1 Gdp Growth Rate Forecast of Major Economies
5.4.2 Trends In The Automotive Industry

6 Polyphenylene Resin Market, By Type
6.1 Introduction
6.2 Polyphenylene Sulfide (PPS)
6.3 Polyphenylene Oxide/Polyphenylene Ether (PPO)/(PPE)
6.4 Others

7 Polyphenylene Resin Market, By Application
7.1 Introduction
7.2 Composites
7.3 Filter Bag
7.4 Engineering Plastics
7.5 High Performance Lubricants
7.6 Others

8 Polyphenylene Resin Market, By End-Use Industry
8.1 Introduction
8.2 Automotive
8.3 Industrial
8.4 Electrical & Electronics
8.5 Coatings
8.6 Others

9 Polyphenylene Resin Market, By Region

10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking
10.3 Competitive Scenario
10.3.1 Expansion
10.3.2 Acquisition
10.3.3 New Product Launch

11 Company Profiles

  • Asahi Kasei
  • Celanese Corporation
  • Chevron Phillips Chemical
  • China Lumena New Material
  • Daicel Corporation
  • DIC Corporation
  • Ensigner
  • Initz
  • Kureha Corporation
  • LG Chem
  • Lion Idemitsu Composites
  • Polyplastic
  • RTP Company
  • Ryan Plastics
  • Saudi Arabia Basic Industries Corporation (SABIC)
  • Solvay
  • Teijin Limited
  • Toray Industries
  • Tosoh Corporation
  • Zhejiang Nhu Special Materials

For more information about this report visit https://www.researchandmarkets.com/research/4dhfn9/global?w=5

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Laura Wood, Senior Manager 

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Cision View original content:http://www.prnewswire.com/news-releases/global-polyphenylene-market-2018-2023—focus-on-automotive-electronics–electrical-industrial–coatings-300645322.html

SOURCE Research and Markets

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