Polyphenylene Sulphide Market Revenue to Record Stellar Growth Rate During 2005-20

Exceptional heat, chemical and fire resistant properties make Polyphenylene Sulphide Market a material of choice in automotive, aerospace and coal fired power plant industries. Polyphenylene Sulphide manufacturers are concentrated majorly in Japan and U.S. while China is expected to remain the largest consumer in long term forecast.

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As against production capacity rise of PPS Market by 265%, the demand has increased by 126% between 2005 and 2017. This suggests an unprecedented acceptance of PPS as an engineering plastic in automotive,electrical & electronics, aerospace and filter media applications.

Polyphenylene sulfide is a high temperature engineering plastic.It is best known for its light weight ability, high temperature resistance,chemical resistance, mechanical strength, abrasion resistance, high dimensional stability. PPS has both thermal degradability and chemical reactivity. Globally the PPS market is witnessing growth on account of increasing applications and growing demand in Asia-Pacific and other developing regions. It serves end-use industries such as Automotive, Industrial, Filter Media, Electrical & Electronics, Aerospace and Others. Most of the Polyphenylene sulfide resin manufacturers are in Japan, South Korea, United States and China.

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