Lucintel Forecasts Polyphenylene Market to Reach $3.7 Billion by 2027

According to the recent study the polyphenylene market is projected to reach an estimated $3.7 billion by 2027 from $2.9 billion in 2021, at a CAGR of 4.5% from 2021 to 2027. Growth in this market is primarily driven by the automotive production, increasing electronic content per vehicle, increasing demand for lightweight materials in automotive, and growth in semiconductor industry.

Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in polyphenylene market by product type (polyphenylene ether/oxide and polyphenylene sulfide), application (engineering plastics, filter bags, high-performance lubricants, and composites and others), and end use industry (automotive, electrical & electronics, industrial, coatings, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Engineering plastic market is expected to remain the largest segment during the forecast period.”

Based on application, the polyphenylene market is segmented into engineering plastics, filter bags, high-performance lubricants, and composites and others. Lucintel forecasts that the engineering plastic market is expected to remain the largest segment due to the growing demand in automotive industry.

“Within the polyphenylene market, the polyphenylene sulfide segment is expected to remain the largest product type.”

Based on product type the polyphenylene sulfide segment is expected to witness the highest growth over the forecast period due to increasing adoption of polyphenylene sulfide in high- temperature applications due to its superior properties.

“Asia pacific will dominate the polyphenylene market in near future.”

APAC will remain the largest market over the forecast period due to the growing demand for polyphenylene in the automotive and electronics industries.

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Major players of polyphenylene market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Toray Industries, DIC Corporation, Asahi Kasei, Kureha Corporation, SABIC, and Celanese Corporation are among the major polyphenylene providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/global-polyphenylene-market.aspx or helpdesk@lucintel.com.

About Lucintel

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Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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