Polyphenylene Market Overview:
Polyphenylene market is likely to witness an impressive CAGR of 9.2% during the forecast period. Increasing use of polyphenylene resins in the aerospace and automobile industries along with their application in filter bag manufacturing drives the market globally.
Report Overview:
This new report from Stratview Research analyses the Polyphenylene Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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Polyphenylene Market Segment Insights:
Type: polyphenylene sulfide, polyphenylene oxide/polyphenylene ether and others
Based on the type, the market is segmented as polyphenylene sulfide, polyphenylene oxide/polyphenylene ether, and others. The exceptional properties, such as thermal resistance, high flexibility, and chemical resistance make polyphenylene resins the favored choice of application for various end-use industries, owing to which this segment dominated the market in 2018, and is expected to remain dominant during the forecast period.
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Application Type: composites, filter bag, engineering plastics and others
Based on the application type, the market is segmented as composites, filter bag, engineering plastics, high-performance lubricants, and others. The engineering plastics segment is estimated to register the highest growth in the coming five years. This growth is attributed to the remarkable properties, such as high heat deflection, flame retardancy, and superb dimensional stability.
End-Use Industry Type: automotive, industrial and others
Based on the end-use industry type, the market is segmented as automotive, industrial, electrical & electronics, coatings, and others. The automotive segment is expected to have the highest growth during the forecast period.
A highly/moderately/fragment consolidated Market
Some of the polyphenylene resin manufacturers are Toray Industries, Solvay SA, Tosoh Corporation, DIC Corporation, Kureha Corporation, LG Chem Ltd., Celanese Corporation, Saudi Arabia Basic Industries Corporation (SABIC), and Lion Idemitsu Composites.
Region: Asia-Pacific is expected to be the fastest-growing market for polyphenylene
In terms of regions, Asia-Pacific is expected to be the fastest-growing market for polyphenylene in the coming five years. China and India are the growth engines of the region. The market is driven by the growing use of polyphenylene resins in various end-use industries, rising demand from the automotive, and electrical & electronics industries in the region. North America and Europe are also expected to offer sizeable growth opportunities in the coming five years.
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