DUBLIN, Mar. 31, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Polyphenylene Sulfide Market 2017-2021" report to their offering.
The global PPS market to grow at a CAGR of 9.75% during the period 2017-2021.
The report, Global PPS Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The global PPS market is expected to witness an increase in the production of bio-based plastics over the coming years. This is because the key players in the global PPS market are adopting bio-based plastics to minimize the harmful effects of plastics on the environment. SABIC offers polycarbonate resins with up to 5% bio-based content derived from castor oil. The resin is marketed under the brand name Lexan. Evonik provides bio-based polyamides under the brand name Vestamid Terra. The vendors in the market are also exploring the production of bio-based (polyethylene terephthalate) PET. In addition to enhancing their portfolio with green products, these vendors are also focusing sustainable methods of production.
According to the report, the strong demand from the automotive industry is a major driver contributing to the growth of the global PPS market. PPS is used in various automobile parts. Some of the common and newly developed application areas for PPS in automobiles are instrument panels, center consoles, door panels, roof modules, rear windshield glazing, wheel covers, door handles, interior trims, headlight lens and housings, and bumpers. PPS is also increasingly used in automotive applications such as powertrain, electrical components, chassis, and trim components. The major factors contributing to the growing demand for PPS from the automotive industry include the potential for weight reduction, ease-of-assembly during production, and flexibility in design. The increasing demand for high-performance materials for application in the automotive engine compartment is also fueling the demand for PPS from the automotive industry.
- Toray Industries
Other prominent vendors
- Lion Idemitsu Composites
- Zhejiang NHU
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/xpxwt9/global
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SOURCE Research and Markets