Polyphenylene Sulfide (PPS) Resins Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Published on : Jan-2020 | List of Tables : 66 | List of Figures : 151 | No. of Pages : 170 | Report Code : FACT2473MR |

Ever Increasing Demand from Several Industry Clusters Spurs Growth of Polyphenylene Sulfide (PPS) Resins Market

Polyphenylene sulfide (PPS) resin is a high-performance engineering thermoplastic polymer predominantly used in a wide range of industrial applications such as replacement of metal parts for weight reduction in automobiles and as a raw material for industrial filtration & filter bags. In electronics industries, it is used as a valuable coating material owing to its high flame retarding properties. On the backdrop of the aforementioned factors, the polyphenylene sulfide (PPS) resins market is expected to witness a modest growth of around 6.0% CAGR over the forecast period of 2019-2029.

Newer Grades of PPS Compounds to Gain Immense Traction

The recent past has witnessed resurgence of an entirely new range of PPS resins, which are widely utilized in highly specialized applications of electrical/electronic, automotive, and mechanical / industrial applications. PPS resin manufacturers now aim to offer PPS with thermally conductive, magnetic, and low-wear capabilities. These newer grades are expected to heighten the consumption of PPS in numerous end-use applications. Furthermore, with advancements in technology, newer grades can now be blow molded or extruded. A hike in its global demand and newer grades of PPS resins collectively underpin the immense opportunities for manufacturers in the PPS market. 

Intense Rivalry in the Global Market Is Set To Fluctuate PPS Price

Regionally, US and Japan are experiencing a state of overcapacity. The extent of capacity increase in countries such as US and Japan has exceeded the domestic demand which is escalating the rate of overspill into exports. Manufacturers are thus forced to adjust global pricing as per available supply. With competition fluctuating, PPS prices are forecast to remain under pressure and will witness volatile fluctuation based on global operating rates.

Newer Opportunities Abound for Producers in China

APEJ (Asia and Pacific except Japan) accounts for significant market share in global polyphenylene sulfide (PPS) resins market. China will be the main target for future growth opportunities in the region. The region accounts for just over half of global revenue share and is anticipated to grow at an impressive CAGR of over 8% due to strong growth in industrial production and favorable government stance for use of PPS filter bags in coal thermal plants. With demand for polyphenylene sulfide (PPS) resins in North America and Japan having reached maturity, producers from the regions are expected to market their products aggressively in faster-growing markets like China. Thus manufacturers from China should expect more intensified foreign competition. On the other hand, PPS demand in MEA and Latin America is mainly met through imports.

polyphenylene sulfide resins market regional analysis

For in-depth regional insights on the global PPS resins market, request for a report sample here

Prominent Companies Eyeing Capacity Expansion, as Global Demand Intensifies

Global polyphenylene sulfide (PPS) resin market is consolidated in nature. Solvay SA, Toray Industries Inc., DIC Corporation and Fortron Industries LLC are amongst prominent players in the polyphenylene sulfide (PPS) resins market that account for over 65% of market share. Key players of polyphenylene sulfide (PPS) resins market have been involved in multiple business strategies which include regional expansion and investments in R&D activities to solidify their global presence. In addition, manufacturers have been backward integrating their manufacturing facilities.

  • In September 2018, Toray Industries Inc. publicized the investment of US$ 89.3 million to increase polyphenylene sulfide (PPS) resin output capacity at its Gunsan Plant, South Korea
  • Likewise, In September 2017, DIC Corporation expanded its polyphenylene sulfide (PPS) production lines in Japan and invested US$ 7.2 million to increase annual PPS production upto 3,500 metric tons
  • In October 2018, Solvay launched all new polyphenylene sulfide (PPS) extrusion grades, by trade name Ryton® primarily designed for cooling line assemblies in automotive

The aforementioned strategies adopted by key manufacturers are aimed to target the advanced polyphenylene sulfide grades to supplement the high demand requirements from end use industries.

polyphenylene sulfide resins market players concentration mapping

To get strategic insights on the competition landscape of the PPS resins market, ask an analyst here

Polyphenylene Sulfide (PPS) Resins Market- Scope of the Report

The recent study by Fact.MR on polyphenylene sulfide (PPS) resins market offers a 10-year forecast between 2019 and 2029. The study analyzes crucial trends that are currently determining the growth of polyphenylene sulfide (PPS) resins market. This report explicates on vital dynamics such as the drivers, restraints and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of polyphenylene sulfide (PPS) resins. The study also provides dynamics that are responsible for influencing the future status of the polyphenylene sulfide (PPS) resins market over the forecast period.

A detailed assessment of polyphenylene sulfide (PPS) resins value chain analysis, business execution, and supply chain analysis across the regional markets has been covered in the report. A list of prominent companies operating in the polyphenylene sulfide (PPS) resins market along with their production capacity analysis enhances the reliability of this comprehensive research study.

Polyphenylene Sulfide (PPS) Resins Market: Report Summary

The study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, revenue generation and sales in polyphenylene sulfide (PPS) resins market across the globe.

A comprehensive estimate on polyphenylene sulfide (PPS) resins market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of polyphenylene sulfide (PPS) resins during the forecast period. Price point comparison by region with global average price is also considered in the study.  

Polyphenylene Sulfide (PPS) Resins Market Segmentation

Fact.MR has studied the polyphenylene sulfide (PPS) resins market with detailed segmentation on the basis of application and key regions.

Application

 

Region

Electrical & Electronics

North America

Automotive

Latin America

Aerospace & Defense

Europe

Industrial

Japan

Filters & Filter Bags

APEJ

Coatings

Middle East & Africa

Others

 

Polyphenylene Sulfide (PPS) Resins Market: Analysis on Market Size Evaluation

Polyphenylene sulfide (PPS) resins market has been analyzed for each market segment, in terms of volume (tons) and value (US$ Mn).

Market estimates at global and regional levels for polyphenylene sulfide (PPS) resins is available in terms of “US$ Mn” for value and in “tons” for volume. A Y-o-Y growth contrast on prominent polyphenylene sulfide (PPS) resins market segments, along with the market attractiveness evaluation has been incorporated in the report. Furthermore, the absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve along with identifying potential resources, considering sales and distribution perspective in the global polyphenylene sulfide (PPS) resins market.

For more insights, request sample of this report.

Polyphenylene Sulfide (PPS) Resins Market: Inspected Assessment on Regional Segments

Key sections have been elaborated in the polyphenylene sulfide (PPS) resins report, which have helped to deliver projection on the regional markets. These chapters include the regional macros (political economic, and business environment outlook), which are expected to have a momentous influence on the growth of polyphenylene sulfide (PPS) resins market during the forecast period.

Country-specific valuation on demand for polyphenylene sulfide (PPS) resins has been offered for each regional market, along with the market scope estimate and forecast, price index, and impact analysis of dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

Polyphenylene Sulfide (PPS) Resins Market: In-depth Analysis on Competitive Landscape

The report sheds light on the leading manufacturers of the polyphenylene sulfide (PPS) resins along with their detailed profiles. Essential and Up-to-date data information related to the market performers, who are principally engaged in the production of the polyphenylene sulfide (PPS) resins, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits the report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which includes essentials such as product portfolio, key strategies along with an all-inclusive SWOT analysis on each player. The company presence is mapped and presented through the matrix for all the prominent players thus providing the readers with actionable insights, which helps in thoughtfully presenting market status, and predicting the competition level in polyphenylene sulfide (PPS) resins market. Prominent companies operating in the global polyphenylene sulfide (PPS) resins market, include Solvay SA, Toray Industries, Kureha Corporation, Fortron Industries LLC, DIC Corporation, and Initz Co. Ltd.

1. Executive Summary

    1.1. Summary of Key Findings

    1.2. Summary of Statistics

    1.3. Fact.MR Analysis and Recommendations

2. Market Overview

    2.1. Market Introduction

    2.2. Market Definition

    2.3. Market Taxonomy

3. Market Background

    3.1. Polyphenylene Sulfide (PPS) resin Production

        3.1.1. Manufacturing process

    3.2. Global Polyphenylene Sulfide (PPS) resin Production Capacity*

        3.2.1. Production Capacity, By Region

        3.2.2. Production Capacity, By Country

        3.2.3. Production Capacity, By Company

    3.3. Global Electric & Electronic Sector Overview

        3.3.1. Key Trends in Electric & Electronic Sector

        3.3.2. Investments in Electric & Electronic sector in different regions

        3.3.3. Electrical & Electronics Industry Market Share by Region

    3.4. Global Automotive Industry Outlook

        3.4.1. Demand Supply Analysis

        3.4.2. Regional Snapshot

        3.4.3. Key Producers and Recent Industry Developments

    3.5. Global Electric Vehicle Outlook

        3.5.1. Global Electric Vehicle Production

        3.5.2. Global Electric Vehicle Sales Analysis and Forecast by Region

        3.5.3. Electric Vehicle and Battery Manufacturing Plants Investment

    3.6. Raw Material Sourcing Strategy and Analysis

    3.7. Forecast Factors - Relevance & Impact

        3.7.1. Electrical & Electronics sector growth

        3.7.2. Automotive Industry growth 

        3.7.3. Engineering plastic growth

        3.7.4. Aerospace & Defense growth

        3.7.5. Demand for Industrial Filtration 

        3.7.6. IT sector growth 

        3.7.7. Population growth estimates

    3.8. Value Chain Analysis

        3.8.1. List of raw material Manufacturers / suppliers

        3.8.2. List of Key Manufacturers

        3.8.3. List of distributors

        3.8.4. List of end-users

        3.8.5. Value added at each node

    3.9. Market Dynamics

        3.9.1. Drivers

        3.9.2. Restraints

        3.9.3. Opportunity 

        3.9.4. Trends

4. Global Polyphenylene Sulfide (PPS) resin Market Demand Analysis 2014-2018 and Forecast, 2019-2029

    4.1. Historical Market Volume (Tons) Analysis, 2014-2018

    4.2. Current and Future Market Volume (Tons) Projections, 2019-2029

    4.3. Y-o-Y Growth Trend Analysis

5. Global Polyphenylene Sulfide (PPS) resin Market - Pricing Analysis

    5.1. Regional Pricing Analysis

    5.2. Pricing Break-up

    5.3. Global Average Pricing Analysis Benchmark

6. Global Polyphenylene Sulfide (PPS) resin Market Demand (US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029

    6.1. Historical Market Value (US$ Mn) Analysis, 2014-2018

    6.2. Current and Future Market Value (US$ Mn) Projections, 2019-2029

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Polyphenylene Sulfide (PPS) resin Market Analysis 2014-2018 and Forecast 2019-2029, By Application

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2014-2018

    7.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2019 - 2029

        7.3.1. Electrical & Electronics

        7.3.2. Automotive

        7.3.3. Aerospace & Defense

        7.3.4. Industrial

        7.3.5. Filters & Filter Bags

        7.3.6. Coatings 

        7.3.7. Others

    7.4. Market Attractiveness Analysis By Application

8. Global Polyphenylene Sulfide (PPS) resin Market Analysis 2014-2018 and Forecast 2019-2029, by Region

    8.1. Introduction

    8.2. Historical Market Size (US$ Mn) and Volume Analysis, By Region, 2014-2018

    8.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast, By Region, 2019 - 2029

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. Japan

        8.3.5. APEJ

        8.3.6. Middle East & Africa

    8.4. Market Attractiveness Analysis, By Region

9. North America Polyphenylene Sulfide (PPS) resin Market Analysis 2014-2018 and Forecast 2019-2029

    9.1. Introduction

    9.2. Historical Market Size (US$ Mn) and Volume Trend Analysis, By Market Taxonomy, 2014-2018

    9.3. Market Size (US$ Mn) and Volume Forecast, By Market Taxonomy, 2019 - 2029

        9.3.1. By Country

            9.3.1.1. U.S.

            9.3.1.2. Canada

        9.3.2. By Application

    9.4. Market Attractiveness Analysis

        9.4.1. By Country

        9.4.2. By Application

    9.5. Market Trends

    9.6. Key Market Participants - Intensity Mapping

    9.7. Drivers and Restraints - Impact Analysis

10. Latin America Polyphenylene Sulfide (PPS) resin Market Analysis 2014-2018 and Forecast 2019-2029

    10.1. Introduction

    10.2. Historical Market Size (US$ Mn) and Volume Trend Analysis, By Market Taxonomy, 2014-2018

    10.3. Market Size (US$ Mn) and Volume Forecast, By Market Taxonomy, 2019 - 2029

        10.3.1. By Country

            10.3.1.1. Brazil

            10.3.1.2. Mexico

            10.3.1.3. Rest of Latin America

        10.3.2. By Application

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Application

    10.5. Market Trends

    10.6. Key Market Participants - Intensity Mapping

    10.7. Drivers and Restraints - Impact Analysis

11. Europe Polyphenylene Sulfide (PPS) resin Market Analysis 2014-2018 and Forecast 2019-2029

    11.1. Introduction

    11.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018

    11.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029

        11.3.1. By Country

            11.3.1.1. EU-4

            11.3.1.2. UK

            11.3.1.3. BENELUX

            11.3.1.4. NORDIC

            11.3.1.5. Spain

            11.3.1.6. Eastern Europe

            11.3.1.7. Rest of Europe

        11.3.2. By Application

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Application

    11.5. Market Trends

    11.6. Key Market Participants - Intensity Mapping

    11.7. Drivers and Restraints - Impact Analysis

12. Japan Polyphenylene Sulfide (PPS) resin Market Analysis 2014-2018 and Forecast 2019-2029

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis, By Market Taxonomy, 2014-2018

    12.3. Market Size (US$ Mn) and Volume Forecast, By Market Taxonomy, 2019 - 2029

        12.3.1. By Application

    12.4. Market Attractiveness Analysis

        12.4.1. By Application

    12.5. Market Trends

    12.6. Key Market Participants - Intensity Mapping

    12.7. Drivers and Restraints - Impact Analysis

13. APEJ Polyphenylene Sulfide (PPS) resin Market Analysis 2014-2018 and Forecast 2019-2029

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018

    13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029

        13.3.1. By Country

            13.3.1.1. Greater China

            13.3.1.2. India

            13.3.1.3. South Korea

            13.3.1.4. ASEAN Countries

            13.3.1.5. ANZ

            13.3.1.6. Rest of APEJ

        13.3.2. By Application

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Application

    13.5. Market Trends

    13.6. Key Market Participants - Intensity Mapping

    13.7. Drivers and Restraints - Impact Analysis

14. Middle East & Africa Polyphenylene Sulfide (PPS) resin Market Analysis 2014-2018 and Forecast 2019-2029

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018

    14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019 - 2029

        14.3.1. By Country

            14.3.1.1. GCC Countries

            14.3.1.2. Turkey

            14.3.1.3. South Africa

            14.3.1.4. Rest of Middle East & Africa

        14.3.2. By Application

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Application

    14.5. Market Trends

    14.6. Key Market Participants - Intensity Mapping

    14.7. Drivers and Restraints - Impact Analysis

15. Market Structure Analysis

    15.1. Market Analysis by Tier of Companies (Polyphenylene Sulfide)

    15.2. Market Concentration

    15.3.  Market Share Analysis of Top Player

    15.4.  List of Brand names and Distributors

16. Competition Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Competition Deep Dive

    16.4. Competition Analysis

        16.4.1. Solvay SA

                16.4.1.1.1. Overview

                16.4.1.1.2. Product Portfolio

                16.4.1.1.3. Plant clusters

                16.4.1.1.4. Geographical Sales footprint

                16.4.1.1.5. SWOT Analysis

        16.4.2. Toray Industries

                16.4.2.1.1. Overview

                16.4.2.1.2. Product Portfolio

                16.4.2.1.3. Plant clusters

                16.4.2.1.4. Geographical Sales footprint

                16.4.2.1.5. SWOT Analysis

        16.4.3. Kureha Corporation

                16.4.3.1.1. Overview

                16.4.3.1.2. Product Portfolio

                16.4.3.1.3. Plant clusters

                16.4.3.1.4. Geographical Sales footprint

                16.4.3.1.5. SWOT Analysis

        16.4.4. Fortron Industries LLC

                16.4.4.1.1. Overview

                16.4.4.1.2. Product Portfolio

                16.4.4.1.3. Plant clusters

                16.4.4.1.4. Geographical Sales footprint

                16.4.4.1.5. SWOT Analysis

        16.4.5. DIC Corporation

                16.4.5.1.1. Overview

                16.4.5.1.2. Product Portfolio

                16.4.5.1.3. Plant clusters

                16.4.5.1.4. Geographical Sales footprint

                16.4.5.1.5. SWOT Analysis

        16.4.6. Initz Co. Ltd.

                16.4.6.1.1. Overview

                16.4.6.1.2. Product Portfolio

                16.4.6.1.3. Plant clusters

                16.4.6.1.4. Geographical Sales footprint

                16.4.6.1.5. SWOT Analysis

        16.4.7. Tosoh Corporation

                16.4.7.1.1. Overview

                16.4.7.1.2. Product Portfolio

                16.4.7.1.3. Plant clusters

                16.4.7.1.4. Geographical Sales footprint

                16.4.7.1.5. SWOT Analysis

        16.4.8. Zhejiang NHU Special Materials Co. Ltd.

                16.4.8.1.1. Overview

                16.4.8.1.2. Product Portfolio

                16.4.8.1.3. Plant clusters

                16.4.8.1.4. Geographical Sales footprint

                16.4.8.1.5. SWOT Analysis

        16.4.9. Chengdu Letian Plastics Co. Ltd.

                16.4.9.1.1. Overview

                16.4.9.1.2. Product Portfolio

                16.4.9.1.3. Plant clusters

                16.4.9.1.4. Geographical Sales footprint

                16.4.9.1.5. SWOT Analysis

        16.4.10. Lion Idemitsu Composites

                16.4.10.1.1. Overview

                16.4.10.1.2. Product Portfolio

                16.4.10.1.3. Plant clusters

                16.4.10.1.4. Geographical Sales footprint

                16.4.10.1.5. SWOT Analysis

17. Assumptions and Acronyms Used

18. Research Methodology

Fact.MR offers custom research services that help clients to get specific research solutions

We are committed towards customer satisfaction and quality service.


Our Clients

Our Clients

Polyphenylene Sulfide (PPS) Resins Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029