Polyphenylene Sulfide Market Analysis by Application (Automotive, Coating, Electrical and Electronics, Filter & Filter Bags, Industrial) and Segment Forecasts to 2022

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Polyphenylene Sulfide Market Analysis by Application (Automotive, Coating, Electrical and Electronics, Filter & Filter Bags, Industrial) and Segment Forecasts To 2022

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Polyphenylene Sulfide (PPS) Market Overview:

The worldwide Polyphenylene Sulfide market revenue was predicted at 705.8 million US dollars in year 2013. Rising demand for HPTP like PPS from aerospace and defense sections is predicted to enhance the growth & expansion of Polyphenylene Sulfide during the estimated time span. Growing need for automobile applications combined with optimistic outlook in production is predicted to stimulate the growth and expansion of Polyphenylene Sulfide market during the estimated period. The advantages of the Polyphenylene Sulfide include fuel resistance, anti freeze, transmission, brake fluids and hotness. Further, the Polyphenylene Sulfide mix also offers reduction in weight and rising stability in comparison to a complete metal framework, thus enhancing performance and fuel efficacy in vehicles.

Growing stress on power safety has led to large amount of power plant set ups over the last few years. Further, this trend is anticipated to continue due to growing population and enhanced infrastructure specifically in developing regions. As a result of this, demand for Polyphenylene Sulfide is predicted to have a favorable effect on the growth & expansion of the Polyphenylene Sulfide market owing to the utilization of filter bags & filter in dust chamber filters and coal boilers.

Growing demand for the Polyphenylene Sulfide compound in high temperature applications due to best performance and exceptional mechanical features is a main aspect driving the growth of the Polyphenylene Sulfide...