The market for Polyphenylene Sulfide (PPS) Market is expected to reach US$ 2.0 Bn By 2022.
Friedel and Crafts initially studied polyphenylene sulfide (PPS) by reacting benzene with sulfur in the presence of aluminum chloride. The end product obtained through this reaction was a weak polymer with some extra sulphur linkages. Further, the scientists carried out experiments using related organosulfur compounds and diphenyl sulfide.
Polyphenylene sulfide is polymerized using a polycondensation reaction of para-dichlorobenzene and sodium sulfide or sodium hydrosulfide in a polar solvent under elevated temperatures. This polymer is created by a combination of various elements, including dehydration reaction, sodium chloride removal reaction, exothermic reaction, and high-temperature pressurization reaction. This process is very capital-intensive due to the high cost of equipment and energy consumption.
Polyphenylene sulfide is used in a wide range of end-use industries globally. Based on its application in several industries, the global polyphenylene sulfide market is segmented into applications such as electrical & electronics, automotive, industrial, filtration & filter bags, coatings, and others. Among these, filtration and filter bags accounted for a larger share of the global polyphenylene sulfide market in 2016 and are expected to boost market demand in the near future. In addition, other applications are projected to fuel market demand for polyphenylene sulfide during the forecast period.
The polyphenylene sulfide (PPS) market was valued at US$ 0.86 Bn in 2014 and is expected to reach US$ 2.0 Bn by 2022, growing at a CAGR of 13.0% during the forecast period 2016-2021.
The purpose of this strategic research study titled “Global Polyphenylene Sulfide (PPS) Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global polyphenylene sulfide (PPS) market.
The market for Polyphenylene Sulfide (PPS) Market is expected to reach US$ 2.0 Bn By 2022.
The Polyphenylene Sulfide (PPS) Market is expected to see significant CAGR growth over the coming years, at 13.0%.
The report is forecasted from 2015-2022.
The base year of this report is 2014.
China Lumena New Materials Corporation 106, DIC Corporation 107, INITZ Co. Ltd 108, Kureha Corporation 109, are some of the major players in the global market.