Polyphenylene Sulfide (PPS) was studied initially by Friedel and Crafts by reacting benzene with sulphur 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 organo sulfur compounds and diphenyl sulfide.
Polyphenylene sulfide is polymerized by using 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 equipments 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 larger share of global polyphenylene sulfide market in 2016 and are expected to boost market demand in the near future. Other applications are also projected to fuel market demand for polyphenylene sulfide during the forecast period.
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.
Purpose of the Report
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 make informed strategic decisions regarding the opportunities in the global polyphenylene sulfide (PPS) market.
Target Audience
USP and Key Offerings
The report titled “Global Polyphenylene Sulfide (PPS) Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global polyphenylene sulfide (PPS) market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading polyphenylene sulfide (PPS) vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:
Overall, the research study provides a holistic view of the global polyphenylene sulfide (PPS) market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.
Chapter 1 Introduction 12
1.1 Objectives of the study: 12
1.2 Market scope 12
1.2.1 Market definition 12
1.2.2 Markets covered 12
1.2.3 Year 13
1.2.4 Currency 13
1.2.5 Limitations 13
1.3 Stake holders 13
Chapter 2 Research Methodology 14
2.1 Market size estimation 14
2.2 Market Share Estimation 15
2.2.1 List of secondary sources 16
2.2.2 List of primary sources 16
Chapter 3 Executive Summary 17
Chapter 4 Premium Insights 21
4.1 Attractive opportunities in polyphenylene sulfide market 21
4.2 Polyphenylene sulfide (PPS) market – top application segments 22
4.3 Polyphenylene sulfide market in Asia Pacific 23
4.4 China is the major consumer of polyphenylene sulfide 24
4.5 Polyphenylene sulfide market, by region, by application 25
4.6 Application growth matrix 27
4.7 Life cycle analysis, by region 28
Chapter 5 Market Overview 29
5.1 Introduction 29
5.2 Evolution 29
5.3 Market Segmentation 31
5.4 Market Dynamics 31
5.4.1 Market drivers 32
5.4.1.1 Chinese automotive industry growth 32
5.4.1.2 Increasing filter bags application in thermal and coal power plants 34
5.4.2 Market restraints 35
5.4.2.1 PPS substitution by polyether ether ketone (PEEK) 35
5.4.3 Opportunities 36
5.4.4 Challenges (Reduction in prices owing to optimization of production technology) 37
5.5 Burning issues 37
5.6 Market share analysis 39
Chapter 6 Industry Trends 40
6.1 Introduction 40
6.2 Value chain analysis 40
6.3 Industry trends 42
6.4 Porter’s analysis 43
6.4.1 Threat from new entrants 43
6.4.2 Threat from substitutes 43
6.4.3 Bargaing power of suppliers 43
6.4.4 Bargaining power of buyers 43
6.4.5 Intensity of competitive rivalry 44
Chapter 7 Polyphenylsulfide (PPS) Application Outlook 45
7.1 Global PPS market share by application, 2014 & 2022 45
7.2 Electrical & electronics 46
7.2.1 Global PPS market estimates and forecast in electrical & electronics, 2012 – 2022 46
7.2.2 Global PPS market estimates and forecast in electrical & electronics by region, 2012 - 2022 47
7.3 Automotive 49
7.3.1 Global PPS market estimates and forecast in automotive industry, 2012 – 2022 49
7.3.2 Global PPS market estimates and forecast in automotive industry by region, 2012 - 2022 50
7.4 Industrial 52
7.4.1 Global PPS market estimates and forecasts in industrial applications, 2012 – 2022 52
7.4.2 Global PPS market estimates and forecasts in industrial applications by region, 2012 – 2022 53
7.5 Coatings 55
7.5.1 Global PPS market estimates and forecasts in coatings, 2012 – 2022 55
7.5.2 Global PPS market estimates and forecasts in coatings by region, 2012 – 2022 56
7.6 Filtration & filter bags 57
7.6.1 Global PPS market estimates and forecast in filtration & filter bags, 2012 – 2022 57
7.6.2 Global PPS market estimates and forecast in filtration & filter bags by region, 2012 – 2022 59
7.7 Others 61
7.7.1 Global PPS market estimates and forecast in other applications, 2012 – 2022 61
7.7.2 Global PPS market estimates and forecast in other applications by region, 2012 – 2022 62
Chapter 8 PPS Regional Outlook 64
8.1 Global PPS market volume share by region, 2014 & 2022 64
8.2 North America 65
8.2.1 North America PPS market estimates and forecast, 2012 – 2022 65
8.2.2 North America PPS market estimates and forecast by application, 2012 – 2022 66
8.2.3 U.S. 68
8.2.3.1 U.S. PPS market estimates and forecast, 2012 – 2022 68
8.2.3.2 U.S. PPS market estimates and forecast by application, 2012 – 2022 69
8.3 Europe 71
8.3.1 Europe PPS market estimates and forecast, 2012 – 2022 71
8.3.2 Europe PPS market estimates and forecast by application, 2012 – 2022 72
8.3.3 Germany 74
8.3.3.1 Germany PPS market estimates and forecast, 2012 – 2022 74
8.3.3.2 Germany PPS market estimates and forecast by application, 2012 – 2022 74
8.3.4 UK 76
8.3.4.1 UK PPS market estimates and forecast, 2012 – 2022 76
8.3.4.2 UK PPS market estimates and forecast by application, 2012 –
2022 77
8.3.5 France 79
8.3.5.1 France PPS market estimates and forecast, 2012 – 2022 79
8.3.5.2 France PPS market estimates and forecast by application, 2012 –
2022 79
8.4 Asia Pacific 81
8.4.1 Asia Pacific PPS market estimates and forecast, 2012 – 2022 81
8.4.2 Asia Pacific PPS market estimates and forecast by application, 2012 –
2022 82
8.4.3 China 84
8.4.3.1 China PPS market estimates and forecast, 2012 – 2022 84
8.4.3.2 China PPS market estimates and forecast by application, 2012 – 2022 85
8.4.4 India 87
8.4.4.1 India PPS market estimates and forecast, 2012 – 2022 87
8.4.4.2 India PPS market estimates and forecast by application, 2012 –
2022 88
8.4.5 Japan 90
8.4.5.1 Japan PPS market estimates and forecast, 2012 – 2022 . 90
8.4.5.2 Japan PPS market estimates and forecast by application, 2012 –
2022 91
8.4.6 South Korea 93
8.4.6.1 South Korea PPS market estimates and forecast, 2012 – 2022 93
8.4.6.2 South Korea PPS market estimates and forecast by application, 2012 – 2022 94
8.5 RoW 96
8.5.1 RoW PPS market estimates and forecast, 2012 – 2022 96
8.5.2 RoW PPS market estimates and forecast by application, 2012 – 2022 96
8.5.3 Brazil 98
8.5.3.1 Brazil PPS market estimates and forecast, 2012 – 2022 98
8.5.3.2 Brazil PPS market estimates and forecast by application, 2012 – 2022 99
8.5.4 Middle East 101
8.5.4.1 Middle East PPS market estimates and forecast, 2012 – 2022 101
8.5.4.2 Middle East PPS market estimates and forecast by application, 2012 – 2022 101
Chapter 9 Competitive Landscape 104
9.1 Introduction 104
9.2 New product launches 104
9.3 Expansion activities 104
9.4 Partnerships, agreements & collaborations 105
9.5 Mergers & acquisitions 105
Chapter 10 Company Profiles 106
10.1 China Lumena New Materials Corporation 106
10.1.1 Business Overview 106
10.1.2 Financial Highlights 106
10.1.3 Product & Services 106
10.1.4 Recent Developments and Key Strategies 107
10.2 DIC Corporation 107
10.2.1 Business Overview 107
10.2.2 Financial Highlights 107
10.2.3 Product & Services 107
10.2.4 Recent Developments and Key Strategies 108
10.3 INITZ Co. Ltd 108
10.3.1 Business Overview 108
10.3.2 Financial Highlights 108
10.3.3 Product & Services 108
10.3.4 Recent Developments and Key Strategies 109
10.4 Kureha Corporation 109
10.4.1 Business Overview 109
10.4.2 Financial Highlights 109
10.4.3 Product & Services 110
10.5 Chengdu Letian Plastics Co., Ltd 110
10.5.1 Business Overview 110
10.5.2 Financial Highlights 110
10.5.3 Product & Services 110
10.6 Lion Idemitsu Composites Co. Ltd. 111
10.6.1 Business Overview 111
10.6.2 Financial Highlights 112
10.6.3 Product & Services 112
10.6.4 Recent Developments and Key Strategies 113
10.7 Solvay S.A. 113
10.7.1 Business Overview 113
10.7.2 Financial Highlights 113
10.7.3 Product & Services 114
10.7.4 Recent Developments and Key Strategies 116
10.8 Toray Industries, Inc. 116
10.8.1 Business Overview 116
10.8.2 Financial Highlights 116
10.8.3 Product & Services 116
10.8.4 Recent Developments and Key Strategies 117
10.9 Tosoh Corporation 117
10.9.1 Business Overview 117
10.9.2 Financial Highlights 117
10.9.3 Product & Services 118
10.9.4 Recent Developments and Key Strategies 118
List of Tables
TABLE 1 Global Polyphenylene sulfide market volume by application, 2012 – 2014, (Tons) 17
TABLE 2 Global polyphenylene sulfide market volume by application, 2015 – 2022, (Tons) 17
TABLE 3 Global Polyphenylene sulfide market revenue by application, 2012 – 2014, (USD Million) 18
TABLE 4 Global polyphenylene sulfide market revenue by application, 2015 – 2022, (USD Million) 18
TABLE 5 Global Polyphenylene sulfide market volume by region, 2012 – 2014, (Tons) 19
TABLE 6 Global polyphenylene sulfide market volume by region, 2015 – 2022, (Tons) 19
TABLE 7 Global Polyphenylene sulfide market revenue by region, 2012 – 2014, (USD Million) 19
TABLE 8 Global polyphenylene sulfide market revenue by region, 2015 – 2022, (USD Million) 20
TABLE 9 Global PPS market estimates in electrical & electronics, 2012 – 2014, (Tons) (USD Million)
46
TABLE 10 Global PPS market estimates and forecast in electrical & electronics, 2015 – 2022, (Tons) (USD Million)
46
TABLE 11 Global PPS market volume estimates in electrical & electronics by region, 2012 – 2014 (Tons)
47
TABLE 12 Global PPS market volume estimates and forecast in electrical & electronics by region,
2015 - 2022 (Tons)
47
TABLE 13 Global PPS revenue estimates in electrical & electronics by region, 2012 – 2014 (USD Million)
48
TABLE 14 Global PPS revenue estimates and forecast in electrical & electronics by region, 2015 -
2022 (USD Million)
48
TABLE 15 Global PPS market estimates in automotive industry, 2012 – 2014, (Tons) (USD Million) 49
TABLE 16 Global PPS market estimates and forecast in automotive industry, 2015 – 2022, (Tons) (USD Million)
49
TABLE 17 Global PPS market volume estimates in automotive industry by region, 2012 - 2014 (Tons) 50
TABLE 18 Global PPS market volume estimates and forecast in automotive industry by region, 2015 -
2022 (Tons)
50
TABLE 19 Global PPS revenue estimates in automotive industry by region, 2012 - 2014 (USD Million)
51
TABLE 20 Global PPS revenue estimates and forecast in automotive industry by region, 2015 - 2022 (USD Million)
51
TABLE 21 Global PPS market estimates in industrial applications, 2012 – 2014, (Tons) (USD Million) 52
TABLE 22 Global PPS market estimates and forecast in CSP, 2015 – 2022, (Tons) (USD Million) 52
TABLE 23 Global PPS market volume estimates in industrial applications by region, 2012 - 2014 (Tons)
53
TABLE 24 Global PPS market volume estimates and forecast in industrial applications by region, 2015
- 2022 (Tons)
53
TABLE 25 Global PPS revenue estimates in industrial applications by region, 2012 - 2014 (USD Million)
54
TABLE 26 Global PPS revenue estimates and forecast in industrial applications by region, 2015 - 2022 (USD Million)
54
TABLE 27 Global PPS market estimates in coatings, 2012 – 2014, (Tons) (USD Million) 55
TABLE 28 Global PPS market estimates and forecast in coatings, 2015 – 2022, (Tons) (USD Million) 55
TABLE 29 Global PPS market volume estimates in coatings by region, 2012 - 2014 (Tons) 56
TABLE 30 Global PPS market volume estimates and forecasts in coatings by region, 2015 - 2022 (Tons)
56
TABLE 31 Global PPS revenue estimates in coatings by region, 2012 - 2014 (USD Million) 57
TABLE 32 Global PPS revenue estimates and forecasts in coatings by region, 2015 - 2022 (USD Million)
57
TABLE 33 Global PPS market estimates in filtration & filter bags, 2012 – 2014, (Tons) (USD Million) 57
TABLE 34 Global PPS market estimates and forecast in filtration & filter bags, 2015 – 2022, (Tons) (USD Million)
58
TABLE 35 Global PPS market volume estimates in filtration & filter bags by region, 2012 - 2014 (Tons)
59
TABLE 36 Global PPS market volume estimates and forecast in filtration & filter bags by region, 2015
- 2022 (Tons)
59
TABLE 37 Global PPS revenue estimates in filtration & filter bags by region, 2012 - 2014 (USD Million)
60
TABLE 38 Global PPS revenue estimates and forecast in filtration & filter bags by region, 2015 - 2022 (USD Million)
60
TABLE 39 Global PPS market estimates in other applications, 2012 – 2014, (Tons) (USD Million) 61
TABLE 40 Global PPS market estimates and forecast in other applications, 2015 – 2022, (Tons) (USD Million)
61
TABLE 41 Global PPS market volume estimates in other applications by region, 2012 - 2014 (Tons) 62
TABLE 42 Global PPS market volume estimates and forecast in other applications by region, 2015 -
2022 (Tons)
62
TABLE 43 Global PPS revenue estimates in other applications by region, 2012 - 2014 (USD Million) 63
TABLE 44 Global PPS revenue estimates and forecast in other applications by region, 2015 - 2022 (USD Million)
63
TABLE 45 North America PPS market estimates, 2012 – 2014, (Tons) (USD Million) 65
TABLE 46 North America PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 65
TABLE 47 North America PPS market volume estimates by application, 2012 – 2014, (Tons) 66
TABLE 48 North America PPS market volume estimates and forecast by application, 2015 - 2022 (Tons)
66
TABLE 49 North America PPS revenue estimates by application, 2012 – 2014, (USD Million) 67
TABLE 50 North America PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million)
67
TABLE 51 U.S. PPS market estimates, 2012 – 2014, (Tons) (USD Million) 68
TABLE 52 U.S. PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 68
TABLE 53 U.S. PPS market volume estimates by application, 2012 – 2014, (Tons) 69
TABLE 54 U.S. PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 69
TABLE 55 U.S. PPS revenue estimates by application, 2012 – 2014, (USD Million) 70
TABLE 56 U.S. PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 70
TABLE 57 Europe PPS market estimates, 2012 – 2014, (Tons) (USD Million) 71
TABLE 58 Europe PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 71
TABLE 59 Europe PPS market volume estimates by application, 2012 – 2014, (Tons) 72
TABLE 60 Europe PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 72
TABLE 61 Europe PPS revenue estimates by application, 2012 – 2014, (USD Million) 73
TABLE 62 Europe PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 73
TABLE 63 Germany PPS market estimates, 2012 – 2014, (Tons) (USD Million) 74
TABLE 64 Germany PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 74
TABLE 65 Germany PPS market volume estimates by application, 2012 – 2014, (Tons) 74
TABLE 66 Germany PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 74
TABLE 67 Germany PPS revenue estimates by application, 2012 – 2014, (USD Million) 75
TABLE 68 Germany PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 76
TABLE 69 UK PPS market estimates, 2012 – 2014, (Tons) (USD Million) 76
TABLE 70 UK PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 76
TABLE 71 UK PPS market volume estimates by application, 2012 – 2014, (Tons) 77
TABLE 72 UK PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 77
TABLE 73 UK PPS revenue estimates by application, 2012 – 2014, (USD Million) 78
TABLE 74 UK PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 78
TABLE 75 France PPS market estimates, 2012 – 2014, (Tons) (USD Million) 79
TABLE 76 France PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 79
TABLE 77 France PPS market volume estimates by application, 2012 – 2014, (Tons) 79
TABLE 78 France PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 80
TABLE 79 France PPS revenue estimates by application, 2012 – 2014, (USD Million) 80
TABLE 80 France PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 81
TABLE 81 Asia Pacific PPS market estimates, 2012 – 2014, (Tons) (USD Million) 81
TABLE 82 Asia Pacific PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 82
TABLE 83 Asia Pacific PPS market volume estimates by application, 2012 – 2014, (Tons) 82
TABLE 84 Asia Pacific PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 83
TABLE 85 Asia Pacific PPS revenue estimates by application, 2012 – 2014, (USD Million) 83
TABLE 86 Asia Pacific PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 84
TABLE 87 China PPS market estimates, 2012 – 2014, (Tons) (USD Million) 84
TABLE 88 China PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 85
TABLE 89 China PPS market volume estimates by application, 2012 – 2014, (Tons) 85
TABLE 90 China PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 86
TABLE 91 China PPS revenue estimates by application, 2012 – 2014, (USD Million) 86
TABLE 92 China PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 87
TABLE 93 India PPS market estimates, 2012 – 2014, (Tons) (USD Million) 87
TABLE 94 India PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 88
TABLE 95 India PPS market volume estimates by application, 2012 – 2014, (Tons) 88
TABLE 96 India PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 89
TABLE 97 India PPS revenue estimates by application, 2012 – 2014, (USD Million) 89
TABLE 98 India PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 90
TABLE 99 Japan PPS market estimates, 2012 – 2014, (Tons) (USD Million) 90
TABLE 100 Japan PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 90
TABLE 101 Japan PPS market volume estimates by application, 2012 – 2014, (Tons) 91
TABLE 102 Japan PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 91
TABLE 103 Japan PPS revenue estimates by application, 2012 – 2014, (USD Million) 92
TABLE 104 Japan PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 92
TABLE 105 South Korea PPS market estimates, 2012 – 2014, (Tons) (USD Million) 93
TABLE 106 South Korea PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 93
TABLE 107 South Korea PPS market volume estimates by application, 2012 – 2014, (Tons) 94
TABLE 108 South Korea PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 94
TABLE 109 South Korea PPS revenue estimates by application, 2012 – 2014, (USD Million) 95
TABLE 110 South Korea PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million)
95
TABLE 111 RoW PPS market estimates, 2012 – 2014, (Tons) (USD Million) 96
TABLE 112 RoW PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 96
TABLE 113 RoW PPS market volume estimates by application, 2012 – 2014, (Tons) 96
TABLE 114 RoW PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 97
TABLE 115 RoW PPS revenue estimates by application, 2012 – 2014, (USD Million) 97
TABLE 116 RoW PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 98
TABLE 117 Brazil PPS market estimates, 2012 – 2014, (Tons) (USD Million) 98
TABLE 118 Brazil PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 98
TABLE 119 Brazil PPS market volume estimates by application, 2012 – 2014, (Tons) 99
TABLE 120 Brazil PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 99
TABLE 121 Brazil PPS revenue estimates by application, 2012 – 2014, (USD Million) 100
TABLE 122 Brazil PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 100
TABLE 123 Middle East PPS market estimates, 2012 – 2014, (Tons) (USD Million) 101
TABLE 124 Middle East PPS market estimates and forecast, 2015 – 2022, (Tons) (USD Million) 101
TABLE 125 Middle East PPS market volume estimates by application, 2012 – 2014, (Tons) 101
TABLE 126 Middle East PPS market volume estimates and forecast by application, 2015 - 2022 (Tons) 102
TABLE 127 Middle East PPS revenue estimates by application, 2012 – 2014, (USD Million) 102
TABLE 128 Middle East PPS revenue estimates and forecast by application, 2015 - 2022 (USD Million) 103
List of Figures
FIG. 1 Market size estimation 14
FIG. 2 Market size estimation: bottom up approach 14
FIG. 3 Market size estimation: top down approach 15
FIG. 4 Attractive opportunities in PPS market 21
FIG. 5 Filter & filter bags, largest application segment 22
FIG. 6 Asia Pacific PPS market by application, 2014 23
FIG. 7 Asia Pacific PPS market by application, 2014 24
FIG. 8 Polyphenylene sulfide market by region, 2014 25
FIG. 9 Polyphenylene sulfide market by application, 2014 26
FIG. 10 Application growth matrix 27
FIG. 11 Life cycle analysis, by region 28
FIG. 12 Product evolution 29
FIG. 13 PPS market segmentation 31
FIG. 14 Chinese Automotive Production, 2007 – 2013 (000’ units) 33
FIG. 15 China energy generation, by source, 2013 35
FIG. 16 Heat Deflection temperature of PEEK and PPS (C) 36
FIG. 17 Global PPS company market share, 2014 39
FIG. 18 PPS market – value chain analysis 40
FIG. 19 PPS industry trends 42
FIG. 20 Global PPS volume share by application, 2014 & 2022 45
FIG. 21 Global PPS market volume share by region, 2014 & 2022 64
On the basis of its application, the Polyphenylene Sulfide (PPS) market is categorized into following segments:
Filtration & filter bags accounted for more than 26% share of the global polyphenylene sulfide market in 2014. Strict regulations and norms in industrial sectors such as coal fired plants, thermal power plants and smoke filtration plants have led to high market penetration in the segment. The properties such as hydrolysis and resistance towards mineral and alkaline acids with effective thermal properties of polyphenylene sulfide have led to high demand in industrial filtration applications. Filtration efficiency and airflow along with high durability is anticipated to increase opportunities of filtration and filter bags in dust collectors, metal foundry bag houses and incinerators. Electrical & Electronics accounted as the second largest application segment of polyphenylene sulfide market in 2014. This application segment is expected to witness growth in the near future due to rising polyphenylene sulfide applications in the manufacture of variety of electrical components in electrical, fuel, lightning and cooling systems. Automotive is another application driving the demand for polyphenylene sulfide in the market. Growing automotive manufacturing companies in China and Japan are contributing to the growth of global polyphenylene sulfide market worldwide. Other applications such as industrial, coatings and others are also projected to boost market demand for polyphenylene sulfide in the global market.
On the basis of geography, the global polyphenylene sulfide (PPS) market is segmented into following categories,
Asia Pacific accounted for the largest share of global polyphenylene sulfide market in 2014. Rapid industrialization in the developing economies is the major factor driving the demand for polyphenylene sulfide in the market. Foreign investments in countries such as India, China, and Indonesia are the major factor for high penetration of polyphenylene sulfide in the Asia Pacific market. Asia Pacific is also the fastest growing region for polyphenylene sulfide market. Increasing automotive sector in the region, especially China and India are boosting the market demand for polyphenylene sulfide on a large scale, thus fueling growth of global polyphenylene sulfide market. North America was the second largest region to boost demand for polyphenylene sulfide globally. High demand for industrial filters and filter bags in incinerators and mining is expected to fuel demand for polyphenylene sulfide in North America. Increasing demand for high temperature flame resistant coatings is another factor contributing to the growth of global polyphenylene sulfide market. Europe accounted as the third largest market for polyphenylene sulfide due to high demand for filters in the region. Stringent government regulations in the region for industrial emissions have led to the growth of polyphenylene sulfide market in the region. Other regions such as Rest of World which include Brazil and Middle East are expected to experience steady demand but projected to fuel growth of global polyphenylene sulfide market during the forecast period from 2016 to 2022.
