Fact.MR has recently published a report, titled [Global Polyphenylene Sulfide (PPS) Resins Market 2020 by Key Countries, Companies, Type and Application]. The research report provides an in-depth explanation of the various factors that are likely to drive the market. It discusses the future of the market by studying the historical details. Analysts have studied the ever-changing market dynamics to evaluate their impact on the overall market. In addition, the report also discusses the segments present in the market. Primary and secondary research methodologies have been used to provide the readers with an accurate and precise understanding of the overall The Polyphenylene Sulfide (PPS) Resins market. Analysts have also given readers an unbiased opinion about the direction companies will take during the forecast period.
The research report also includes the global market figures that provide historical data as well as estimated figures. It gives a clear picture of the growth rate of the market during the forecast period. The report aims to give the readers quantifiable data that is collected from verified data. The report attempts to answer all the difficult questions such as market sizes and company strategies.
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Electric and Hybrid Automobile Production – A Prime Demand Booster of Polyphenylene Sulfide (PPS) Resins
Commonly recognized as a super engineering plastic, polyphenylene sulfide (PPS) resins are known for their light-weight and heat resistance features. These features are being highly embraced by the automotive industry which is witnessing a rapid change in terms of ongoing vehicle electrification. In a bid to meet rising demand for light-weight and fuel-efficient automobiles, the number of electric components has increased dramatically.
The polyphenylene sulfide (PPS) resins are highly sought after in electric auto parts that require high-temperature stability such as motor coils, insulating films, wires and other electrical parts. As the polymer withstands up to 200oC of temperature, it is highly suitable for electric vehicle auto parts that run at high temperature including lithium-ion batteries.
In a normal gas-powered car, about 1 kg of polyphenylene sulfide (PPS) resins are used, whereas up to 2 to 3 kgs of the polymer are used in hybrid and electric cars. Well aware of the increasing production of hybrid and electric vehicles, prominent manufacturers in the polyphenylene sulfide (PPS) resins market are actively engaged in enhancing the production capacities of PPS compounds to leverage the lucrative opportunities emerging in the automotive industry.
A Good Price Point Combined with Performance Propels Consumption of Polyphenylene Sulfide (PPS) Resins
In addition to their exceptional properties, polyphenylene sulfide (PPS) resins also fall in the category of high-performance thermoplastics that deliver a good cost and performance balance. Although manufacturers in the polyphenylene sulfide (PPS) resins market have introduced new formulations of PPS resins with superior qualities, the cost range remains affordable for end-users.
Volatility in the plastic industry prevails owing to fluctuations in the raw material prices. However, lower cost and availability of sodium sulfide and p-dichlorobenzene – raw materials of polyphenylene sulfide (PPS) provide a good price point to PPS in the thermoplastic market.
Coal-Fired Thermal Plants Ensure Future Polyphenylene Sulfide (PPS) Resin Demand
According to Carbon Brief, during the span of 2000 and 2017, globally, reliance on coal-fired power has doubled the capacity to 2,000 gigawatts, especially led by significant growth in India and China.
Coal-fired power plants generate a significant amount of fly ash, which if entered in the air can pollute the air significantly. Filter bags play a crucial role in the power plants wherein along with filter media, they efficiently remove dust and help in the neutralization of harmful gases.
Although many new coal-fired power plant operations are being halted across the globe, a considerable number of new plant constructions are underway. Growing environmental concerns and stringent regulations regarding emissions from these plants are likely to boost the demand for polyphenylene sulfide (PPS) filter bags for functional power plants in the future.
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Polyphenylene Sulfide (PPS) Resins – Definition
Polyphenylene sulfide (PPS) resin is a high-performance engineering thermoplastic polymer. Polyphenylene sulfide (PPS) resins have high heat deflection temperature, greater chemical resistance, dimensional stability and flame retardancy. The resins of polyphenylene sulfide (PPS) are used as an alternative to metal and thermosets.
Polyphenylene Sulfide (PPS) Resins Market – About the Report
Fact.MR has published a new report titled, “Polyphenylene Sulfide (PPS) Resins Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2027.” The polyphenylene sulfide (PPS) resins market report covers analysis of all the vital market facets that hold significant influence on the growth of the polyphenylene sulfide (PPS) resins market. The polyphenylene sulfide (PPS) resins market analysis is carried out for the historical period of 2013-2017 and forecast period 2018-2027.
Polyphenylene Sulfide (PPS) Resins Market – Segmentation
The polyphenylene sulfide (PPS) resins market is thoroughly studied in terms production, consumption and application-wise utilization. Based on a thorough supply-demand scenario, the polyphenylene sulfide (PPS) resins market is segmented based on application which includes automotive, electrical & electronics, Aerospace & Defense, Industrial, Filters & Filter bags, Coatings, and others.
The polyphenylene sulfide (PPS) resins market is studied for key regions such as North America, Latin America, Europe, Japan, APEJ and MEA. The regional analysis in all the regions is based on a thorough country-wise analysis of all key countries of the regions.
Polyphenylene Sulfide (PPS) Resins Market – Additional Questions Answered
In addition to the aforementioned insights, the polyphenylene sulfide (PPS) resins market report covers an all-inclusive analysis of important market facets that hold significant influence on the growth of the polyphenylene sulfide (PPS) resins market. A thorough analysis as such can answer some of the bemusing questions of the business professionals interested in the polyphenylene sulfide (PPS) resins market.
- What will be the volume consumption of the polyphenylene sulfide (PPS) resins market in 2019?
- How will the supply-demand scenario will impact the growth of the polyphenylene sulfide (PPS) resins market during the forecast period?
- Which application will register largest consumption of polyphenylene sulfide (PPS) resins market by the end of the forecast period?
- Which region will register highest consumption of polyphenylene sulfide (PPS) resins in 2019?
- How will be the impact of the regulatory framework on the growth of the polyphenylene sulfide (PPS) resins market during the forecast?
Polyphenylene Sulfide (PPS) Resins Market – Research Methodology
A robust research methodology followed during the course of the polyphenylene sulfide (PPS) resins market study is discussed in detail in the section of research methodology. A thorough discussion on the primary and secondary research used in the polyphenylene sulfide (PPS) resins market study is covered in this section.
Primary research methodology includes an exhaustive interviews with industry savants and leading market vendors. Also view of domain-specific senior analysts are considered. Secondary research methodology includes study of the industry database, published company press releases and other industry related credible data sources.
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Global Polyphenylene Sulfide (PPS) Resins Market: Drivers and Restraints
The report explains the drivers shaping the future of the Polyphenylene Sulfide (PPS) Resins market. It evaluates the various forces that are expected to create a positive influence on the overall market. Analysts have studied the investments in research and development of products and technologies that are expected to give the players a definite boost. Furthermore, researchers have also included an analysis of the changing consumer behavior that is projected to impact the supply and demand cycles present in the global The Polyphenylene Sulfide (PPS) Resins market. Evolving per capita earnings, improving economic statuses, and emerging trends have all been studied in this research report.
The research report also explains the potential restraints present in the global The Polyphenylene Sulfide (PPS) Resins market. It evaluates the aspects that are likely to hamper the market growth in the near future. In addition to this assessment, it also provides a list of opportunities that could prove lucrative to the overall market. Analysts provide solutions for turning threats and restraints into successful opportunities in the coming years.
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Global Polyphenylene Sulfide (PPS) Resins Market: Regional Segmentation
In the successive chapters, analysts have studied the regional segments present in the global The Polyphenylene Sulfide (PPS) Resins market. This gives the readers a narrowed-view of the global market enabling a closer look at the elements that could define its progress. It highlights myriad regional aspects such as the impact of culture, environment, and government policies that influence the regional markets.
Global Polyphenylene Sulfide (PPS) Resins Market: Competitive Landscape
The last chapter of the global The Polyphenylene Sulfide (PPS) Resins market research report focuses solely on the competitive landscape. It studies the key players present in the market. In addition to a brief overview of the company, analysts shed light on their valuation and evolution. It also mentions the list of important products and the ones in the pipeline. The competitive landscape is analyzed by understanding the strategies of the companies and the initiatives they have taken in recent years to overcome the intensive competition.
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