Polyphenylene Market, Application, End-Use Industry, and Region-Global Forecast to 2023

(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Jul 23, 2021, 03:28 /Comserve / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.

The global polyphenylene market is projected grow from USD 3.37 billion in 2018 to USD 4.99 billion by 2023, at a CAGR of 8.2% during the forecast period. Stringent government regulations regarding carbon emission reduction, the inclination of automotive manufacturers towards polyphenylene as a replacement of conventional metals, and increasing consumption of polyphenylene in the filter bag application are key factors driving the demand for polyphenylene. However, the high cost of polyphenylene as compared to other conventional materials could lead to a decline in the consumption of polyphenylene.

Polyphenylene sulfide is the largest type of polyphenylene, owing to its wide applicability and need for high thermal resistance, flexibility, high chemical resistance, and excellent electrical properties from various end-use industries such as electrical & electronics and automotive.

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"The Final Report will cover the impact analysis of COVID-19 on this industry: Polyphenylene Market, Application, End-Use Industry, and Region-Global Forecast to 2023

Automotive is the largest end-use industry segment of the polyphenylene market, in terms of value. The growing demand for high-performance materials for various applications such as engine compartment, electrical components, chassis, and trim components will drive the polyphenylene resin market for automotive. Hence, this market is expected to witness continuous growth.

Engineering plastics is the largest application segment of the polyphenylene market, in terms of value. The growing demand for flame retardance, high heat deflection, and excellent dimensional stability is expected to drive the polyphenylene market share in the engineering plastic application. Hence, this market is expected to witness continuous growth.

APAC is the largest polyphenylene market, in terms of value. The fast-growing middle-class population, as well as the rising purchasing power and disposable income, have increased the demand for polyphenylene resins in this region. The market growth can be attributed to the rise in population and increase in demand for polyphenylene from electronics & electrical and automotive industries. These factors are expected to encourage multinational companies to invest more in the region.

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"The Final Report will cover the impact analysis of COVID-19 on this industry: Polyphenylene Market, Application, End-Use Industry, and Region-Global Forecast to 2023

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.
The breakdown of primary interviews is given below:

• By Company Type: Tier 1 – 43%, Tier 2 – 36%, and Tier 3 – 21%
• By Designation: C level – 21%, Director level – 29%, and Others – 50%
• By Region: North America – 30%, Europe – 30%, APAC – 17%, and South America – 23%

Key companies profiled in this market research report include Toray Industries (Japan), Solvay (Belgium), Tosoh Corporation (Japan), DIC Corporation (Japan), Kureha Corporation (Japan), LG Chem (South Korea), Celanese Corporation (US), Saudi Arabia Basic Industries Corporation (Saudi Arabia), China Lumena New Material (China), and Ensigner (Germany).

The report will help market leaders/new entrants in the global polyphenylene market in the following ways:

1. This report segments the polyphenylene market comprehensively and provides closest approximations of revenue numbers for the overall market and the subsegments across different verticals and regions.

2. It will help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, and opportunities.

3. It will help stakeholders understand competitors and gain more insights to improve their position in the business. The competitive landscape section includes new product launches, expansions, and acquisitions.

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 REGIONAL SCOPE 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 16
1.5 UNIT CONSIDERED 16
1.6 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 key data from secondary sources 18
2.1.2 PRIMARY DATA 19
2.1.2.1 key data from primary sources 19
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 20
2.3 DATA TRIANGULATION 22
2.4 ASSUMPTIONS AND LIMITATIONS 23
2.4.1 ASSUMPTIONS 23
2.4.2 LIMITATIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 27
4.1 ATTRACTIVE OPPORTUNITIES IN THE POLYPHENYLENE RESIN MARKET 27
4.2 POLYPHENYLENE RESIN MARKET, BY REGION 27
4.3 POLYPHENYLENE RESIN MARKET, BY REGION AND END-USE INDUSTRY 28
4.4 POLYPHENYLENE RESIN MARKET, BY TYPE 28
4.5 POLYPHENYLENE RESIN MARKET, BY COUNTRY 29

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