The global Polyphenylene
Sulfide Market share report
provides numbers for applications and regional segments of the industry
covering historical as well as forecast data for decision makers.
Polyphenylene sulfide
(PPS) is semi crystalline polymer with high temperature and consists of several
aromatic rings which are linked with other. The synthetic fiber produced from
the product are known to deliver high thermal and chemical resistance coupled
with high mechanical and temperature properties. It is thermoplastic in nature
and exhibits specialized features including flame retardance, high heat
deflection and excellent dimensional stability. It is also known for constant service
temperature which mostly ranges from 1800ºC to 2400ºC.
Polyphenylene sulfide is commercially in various forms
and grades including fibers, compounds, films, filaments, and coatings. Its
resins are usually strengthened with several specifically glass fibers and
reinforcing materials to enhance its thermal and mechanical properties. These
compounds mostly find usage in injection molding processes. An unfilled product
resin can be melt down and blow up to manufacture several fabrics and fibers that
are utilize for flame-resistant clothing, filtration media and conveyor belts.
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On the basis of types, polyphenylene sulfide market is
segmented into virgin and recycled categories. Recycled product is cheaper than
the virgin product. However, it possesses inferior properties and complex
impurities. Applications aid to product manufacturers in terms of cost benefits
and increasing environmental regulations will also foster the rising demand for
virgin product. Furthermore, it is preferred by various end user including
automotive, filter bag, electrical and electronics and other special product
markets, it is manufactured on reasonable cost coupled with low environmental
risks. Also, considering fall in prices of products in the recent years the
polyphenylene sulfide market size will grow.
Automotive industry is the chief driver contributing
to high growth rates of the global polyphenylene sulfide market demand. It is
used in various common and newly developed automobile applications including
rear windshield glazing, instrument panels, headlight lens, door panels, wheel
covers, center consoles, roof modules, interior trims, door handles, bumpers
and housings. It is also used in other automotive applications including
electrical components, chassis, powertrain and trim components. Major driver
for the polyphenylene sulfide market growth in automotive industry comes from
flexibility in design, ease of assembly during production and weight reduction
potential. Growing demand for high performance materials in various applications
in an automotive engine compartment is also propelling the polyphenylene
sulfide market share in the automotive industry.
Asia Pacific is expected to observe high growth in
demand due to economic advancement in the region coupled with increased product
requirements from electrical & electronics, filter baggage and automotive
industries. China is expected to lead the regional polyphenylene sulfide market
owing to rise in its product imports to meet demand. Various crucial players
including both global and local players are expanding their manufacturing bases
in the country due to high availability of low waged employees.
Japan is one of the largest producer of these resins
globally and is expected to continue this trend in a positive way. Presence of
well-equipped manufacturing plants with latest technology favors polyphenylene
sulfide market growth in the country. High product manufacturing rate in the
country is creating an oversupply scenario in the overall polyphenylene sulfide
market. With the definite capacity,
these polyphenylene sulfide market players are anticipated to operate at low
operating margins to generate future expansions depending on the rising demand.
Other
prominent players are Haohua Honghe Chemical, SK Chemicals, Celanese, Zhejiang
NHU, AETNA PLASTICS, Jiangsu Ruitai Technology¸ Kureha, RTP, DIC, Toyobo,
Daicel and Lion Idemitsu Composites.
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