Global PPS Resin Market Growth 2019-2024 –

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PPS Resin is a polymer made up of alternating sulfur atoms and phenylene rings in a para substitution pattern. It offers a unique combination of properties and a cost/performance balance unmatched by other engineering thermoplastics. Key properties include thermal stability, dimensional stability, chemical resistance and inherent flame retardancy. It is widely used in electric & electronic field, automobile industry, industrial field and aerospace field.
Polyphenylene sulfide (PPS) is a partially crystalline, high temperature performance polymer which has a high melting point of approximately 280°C, excellent chemical resistance and is inherently flame retardant. Polyphenylene sulfide (PPS) has linear type and cross-linked type. Linear type completely overcomes the brittleness of the cross-linked polyphenylene sulfide. And linear type took up 65% of the total polyphenylene sulfide (PPS) consumption in 2018.
PPS is a partially crystalline, high temperature performance polymer which exhibits exceptional chemical resistance, thermal stability, dimensionally stability, and fire resistance. Its extreme inertness toward organic solvents, and inorganic salts and bases make for outstanding performance as a corrosion-resistant coating suitable for contact with foods. Besides automotive, PPS also finds wide ranging application in electrical & electronics, healthcare, industrial, aerospace & defense, and industrial machinery.

According to this study, over the next five years the PPS Resin market will register a 5.6% CAGR in terms of revenue, the global market size will reach US$ 955.3 million by 2024, from US$ 726.3 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in PPS Resin business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of PPS Resin market by product type, application, key manufacturers and key regions and countries.

This study considers the PPS Resin value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Linear Type
Cross-linked Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electric & Electronic Field
Automobile Industry
Industrial Field
Aerospace Field

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
SK Chemical
Zhejiang NHU
Ko Yo Chemical
Letian Plastics

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global PPS Resin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of PPS Resin market by identifying its various subsegments.
Focuses on the key global PPS Resin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the PPS Resin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of PPS Resin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via *Market Research News is a part of Research By Markets.