세계의 폴리페닐렌 설파이드(PPS) 시장 규모, 점유율, 동향 분석 : 유형별, 용도별, 지역별 전망과 예측(2023-2030년)

The Global Polyphenylene Sulfide (PPS) Market size is expected to reach $2.5 billion by 2030, rising at a market growth of 8.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,631.95 Hundred Tonnes experiencing a growth of 6.6% (2019-2022).

PPS possesses outstanding electrical insulating properties, making it an ideal choice for applications where preventing the flow of electric current between conductive materials is crucial. Its high resistivity and low dielectric constant contribute to effective electrical insulation, ensuring the reliable performance of electronic components. Consequently, the electrical and electronics segment would acquire nearly 23% of the total market share by 2030. The increased utilization of PPS is motivated by the electronics industry's relentless pursuit of miniaturization.

With the increasing worldwide emphasis on sustainability, manufacturers are pursuing materials that adhere to rigorous regulatory criteria and support the overarching objectives of environmental preservation. With its exceptional properties, PPS emerges as a strategic choice for manufacturers. Therefore, these factors can drive the demand for PPS in the upcoming years. Additionally, Automotive components often come into contact with various chemicals, including engine fluids and environmental factors. PPS's robust chemical resistance makes it well-suited for applications with common exposure to oils, fuels, and other automotive fluids. Thus, these aspects will help in the expansion of the PPS market.

However, the PPS production process relies on specific raw materials. Volatility can detrimentally impact PPS's overall production costs and market competitiveness due to fluctuations in the pricing and availability of these materials. Additionally, PPS manufacturers often source raw materials from global suppliers, introducing vulnerabilities related to geopolitical tensions, trade restrictions, and logistic challenges. Hence, these aspects can hamper the growth of the PPS market in the future.

By Type Analysis

Based on type, the market is divided into linear PPS, cured PPS, and branched PPS. In 2022, the cured PPS segment acquired 25% revenue share in the market. With the continuous growth of the electronics and electrical devices sectors, there is an increasing demand for materials like cured PPS that can withstand high temperatures and harsh operating conditions. As a result, there will be increased demand in the segment.

By Application Analysis

On the basis of application, the market is divided into automotive, electrical & electronics, industrial, aerospace, medical/healthcare, and others. In 2022, the electrical and electronics segment witnessed a 24% revenue share in the market. The electrical and electronics industry has been shifting towards lightweight materials with high performance to meet the demands of miniaturization and efficiency improvements. PPS, a lightweight and durable material, is well-suited for applications in connectors, sockets, and other electronic components. Hence, these aspects will assist in the growth of the segment.

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific segment acquired 40% revenue share in the market. The Asia Pacific region, including countries like China and India, has been undergoing rapid industrialization and urbanization. This has led to increased demand for high-performance materials like PPS in construction, electronics, and industrial applications. Thus, these factors will boost the demand in the segment.

Recent Strategies Deployed in the Market

• Jan-2024: DIC Corporation launched DIC.PPS MP-6060 BLACK, a plateable polyphenylene sulphide (PPS) compound, in collaboration with Japanese firms Tsukada Riken Industry Co., Ltd., and Yoshino Denka Kogyo, Inc. The new product can be chemically etched with a general-purpose solution like chromic acid, making it possible to produce plated PPS on existing plastic-plating production lines.
• Oct-2023: Toray Industries, Inc. has developed pellets, a technology that makes it possible to recycle glass fibre-reinforced polyphenylene sulphide (PPS-GFRP). The performance of pellets matches the initial performance of virgin resins. Additionally, this technology can deliver comparable mechanical strength to injection-grade mouldings wholly made with virgin material.
• Sep-2023: Solvay SA launched Ryton PPS ECHO polyphenylene sulphide (PPS) production at Kallo-Beveren, Belgium. Through this expanded portfolio of products, the company aimed to meet with customers, increasing efforts to reduce their scope, emissions, and carbon footprint without compromising processability.
• Feb-2023: Toray Advanced Materials Korea Inc., a wholly owned subsidiary of Toray Industries, Inc., will increase its annual production capacity for TORELINATM polyphenylene sulphide (PPS) resin by 5,000 metric tonnes at a plant in Gunsan, Korea, in December 2024. Through this expansion, the company will reinforce its comprehensive manufacturing of PPS, films, and fibres to cultivate applications for advanced.
• Jan-2021: Kureha Corporation has expanded its geographical presence by constructing a new production facility, to produce polyphenylene sulphide (PPS). Through this expansion, Kureha aimed to strengthen its position in the global market. Additionally, Kureha will further enhance its stable and efficient supply of differentiated and quality PPS resins.

List of Key Companies Profiled

• Solvay SA
• Toray Industries, Inc.
• Celanese Corporation
• SABIC (Saudi Arabian Oil Company)
• Tosoh Corporation
• DIC Corporation
• SK chemicals
• Kureha Corporation
• Teijin Limited
• RTP Company, Inc.

Global Polyphenylene Sulfide (PPS) Market Report Segmentation

By Type (Volume, Hundred Tonnes, USD Billion, 2019-30)

• Linear PPS
• Cured PPS
• Branched PPS

By Application (Volume, Hundred Tonnes, USD Billion, 2019-30)

• Automotive
• Electrical & Electronics
• Industrial
• Aerospace
• Medical/Healthcare
• Others

By Geography (Volume, Hundred Tonnes, USD Billion, 2019-30)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

• 1.1Market Definition
• 1.2Objectives
• 1.3Market Scope
• 1.4Segmentation
  • 1.4.1Global Polyphenylene Sulfide (PPS) Market, by Type
  • 1.4.2Global Polyphenylene Sulfide (PPS) Market, by Application
  • 1.4.3Global Polyphenylene Sulfide (PPS) Market, by Geography
• 1.5Methodology for the research

Chapter 2.Market at a Glance

• 2.1Key Highlights

Chapter 3.Market Overview

• 3.1Introduction
  • 3.1.1Overview
    • 3.1.1.1Market Composition and Scenario
• 3.2Key Factors Impacting the Market
  • 3.2.1Market Drivers
  • 3.2.2Market Opportunities
  • 3.2.3Market Restraints
  • 3.2.4Market Challenges
• 3.3Porter's Five Forces Analysis

Chapter 4.Strategies Deployed in Polyphenylene Sulfide (PPS) Market

Chapter 5.Global Polyphenylene Sulfide (PPS) Market by Type

• 5.1Global Linear PPS Market by Region
• 5.2Global Cured PPS Market by Region
• 5.3Global Branched PPS Market by Region

Chapter 6.Global Polyphenylene Sulfide (PPS) Market by Application

• 6.1Global Automotive Market by Region
• 6.2Global Electrical & Electronics Market by Region
• 6.3Global Industrial Market by Region
• 6.4Global Aerospace Market by Region
• 6.5Global Medical/Healthcare Market by Region
• 6.6Global Others Market by Region

Chapter 7.Global Polyphenylene Sulfide (PPS) Market by Region

• 7.1North America Polyphenylene Sulfide (PPS) Market
  • 7.1.1North America Polyphenylene Sulfide (PPS) Market by Type
    • 7.1.1.1North America Linear PPS Market by Country
    • 7.1.1.2North America Cured PPS Market by Country
    • 7.1.1.3North America Branched PPS Market by Country
  • 7.1.2North America Polyphenylene Sulfide (PPS) Market by Application
    • 7.1.2.1North America Automotive Market by Country
    • 7.1.2.2North America Electrical & Electronics Market by Country
    • 7.1.2.3North America Industrial Market by Country
    • 7.1.2.4North America Aerospace Market by Country
    • 7.1.2.5North America Medical/Healthcare Market by Country
    • 7.1.2.6North America Others Market by Country
  • 7.1.3North America Polyphenylene Sulfide (PPS) Market by Country
    • 7.1.3.1US Polyphenylene Sulfide (PPS) Market
      • 7.1.3.1.1US Polyphenylene Sulfide (PPS) Market by Type
      • 7.1.3.1.2US Polyphenylene Sulfide (PPS) Market by Application
    • 7.1.3.2Canada Polyphenylene Sulfide (PPS) Market
      • 7.1.3.2.1Canada Polyphenylene Sulfide (PPS) Market by Type
      • 7.1.3.2.2Canada Polyphenylene Sulfide (PPS) Market by Application
    • 7.1.3.3Mexico Polyphenylene Sulfide (PPS) Market
      • 7.1.3.3.1Mexico Polyphenylene Sulfide (PPS) Market by Type
      • 7.1.3.3.2Mexico Polyphenylene Sulfide (PPS) Market by Application
    • 7.1.3.4Rest of North America Polyphenylene Sulfide (PPS) Market
      • 7.1.3.4.1Rest of North America Polyphenylene Sulfide (PPS) Market by Type
      • 7.1.3.4.2Rest of North America Polyphenylene Sulfide (PPS) Market by Application
• 7.2Europe Polyphenylene Sulfide (PPS) Market
  • 7.2.1Europe Polyphenylene Sulfide (PPS) Market by Type
    • 7.2.1.1Europe Linear PPS Market by Country
    • 7.2.1.2Europe Cured PPS Market by Country
    • 7.2.1.3Europe Branched PPS Market by Country
  • 7.2.2Europe Polyphenylene Sulfide (PPS) Market by Application
    • 7.2.2.1Europe Automotive Market by Country
    • 7.2.2.2Europe Electrical & Electronics Market by Country
    • 7.2.2.3Europe Industrial Market by Country
    • 7.2.2.4Europe Aerospace Market by Country
    • 7.2.2.5Europe Medical/Healthcare Market by Country
    • 7.2.2.6Europe Others Market by Country
  • 7.2.3Europe Polyphenylene Sulfide (PPS) Market by Country
    • 7.2.3.1Germany Polyphenylene Sulfide (PPS) Market
      • 7.2.3.1.1Germany Polyphenylene Sulfide (PPS) Market by Type
      • 7.2.3.1.2Germany Polyphenylene Sulfide (PPS) Market by Application
    • 7.2.3.2UK Polyphenylene Sulfide (PPS) Market
      • 7.2.3.2.1UK Polyphenylene Sulfide (PPS) Market by Type
      • 7.2.3.2.2UK Polyphenylene Sulfide (PPS) Market by Application
    • 7.2.3.3France Polyphenylene Sulfide (PPS) Market
      • 7.2.3.3.1France Polyphenylene Sulfide (PPS) Market by Type
      • 7.2.3.3.2France Polyphenylene Sulfide (PPS) Market by Application
    • 7.2.3.4Russia Polyphenylene Sulfide (PPS) Market
      • 7.2.3.4.1Russia Polyphenylene Sulfide (PPS) Market by Type
      • 7.2.3.4.2Russia Polyphenylene Sulfide (PPS) Market by Application
    • 7.2.3.5Spain Polyphenylene Sulfide (PPS) Market
      • 7.2.3.5.1Spain Polyphenylene Sulfide (PPS) Market by Type
      • 7.2.3.5.2Spain Polyphenylene Sulfide (PPS) Market by Application
    • 7.2.3.6Italy Polyphenylene Sulfide (PPS) Market
      • 7.2.3.6.1Italy Polyphenylene Sulfide (PPS) Market by Type
      • 7.2.3.6.2Italy Polyphenylene Sulfide (PPS) Market by Application
    • 7.2.3.7Rest of Europe Polyphenylene Sulfide (PPS) Market
      • 7.2.3.7.1Rest of Europe Polyphenylene Sulfide (PPS) Market by Type
      • 7.2.3.7.2Rest of Europe Polyphenylene Sulfide (PPS) Market by Application
• 7.3Asia Pacific Polyphenylene Sulfide (PPS) Market
  • 7.3.1Asia Pacific Polyphenylene Sulfide (PPS) Market by Type
    • 7.3.1.1Asia Pacific Linear PPS Market by Country
    • 7.3.1.2Asia Pacific Cured PPS Market by Country
    • 7.3.1.3Asia Pacific Branched PPS Market by Country
  • 7.3.2Asia Pacific Polyphenylene Sulfide (PPS) Market by Application
    • 7.3.2.1Asia Pacific Automotive Market by Country
    • 7.3.2.2Asia Pacific Electrical & Electronics Market by Country
    • 7.3.2.3Asia Pacific Industrial Market by Country
    • 7.3.2.4Asia Pacific Aerospace Market by Country
    • 7.3.2.5Asia Pacific Medical/Healthcare Market by Country
    • 7.3.2.6Asia Pacific Others Market by Country
  • 7.3.3Asia Pacific Polyphenylene Sulfide (PPS) Market by Country
    • 7.3.3.1China Polyphenylene Sulfide (PPS) Market
      • 7.3.3.1.1China Polyphenylene Sulfide (PPS) Market by Type
      • 7.3.3.1.2China Polyphenylene Sulfide (PPS) Market by Application
    • 7.3.3.2Japan Polyphenylene Sulfide (PPS) Market
      • 7.3.3.2.1Japan Polyphenylene Sulfide (PPS) Market by Type
      • 7.3.3.2.2Japan Polyphenylene Sulfide (PPS) Market by Application
    • 7.3.3.3India Polyphenylene Sulfide (PPS) Market
      • 7.3.3.3.1India Polyphenylene Sulfide (PPS) Market by Type
      • 7.3.3.3.2India Polyphenylene Sulfide (PPS) Market by Application
    • 7.3.3.4South Korea Polyphenylene Sulfide (PPS) Market
      • 7.3.3.4.1South Korea Polyphenylene Sulfide (PPS) Market by Type
      • 7.3.3.4.2South Korea Polyphenylene Sulfide (PPS) Market by Application
    • 7.3.3.5Singapore Polyphenylene Sulfide (PPS) Market
      • 7.3.3.5.1Singapore Polyphenylene Sulfide (PPS) Market by Type
      • 7.3.3.5.2Singapore Polyphenylene Sulfide (PPS) Market by Application
    • 7.3.3.6Malaysia Polyphenylene Sulfide (PPS) Market
      • 7.3.3.6.1Malaysia Polyphenylene Sulfide (PPS) Market by Type
      • 7.3.3.6.2Malaysia Polyphenylene Sulfide (PPS) Market by Application
    • 7.3.3.7Rest of Asia Pacific Polyphenylene Sulfide (PPS) Market
      • 7.3.3.7.1Rest of Asia Pacific Polyphenylene Sulfide (PPS) Market by Type
      • 7.3.3.7.2Rest of Asia Pacific Polyphenylene Sulfide (PPS) Market by Application
• 7.4LAMEA Polyphenylene Sulfide (PPS) Market
  • 7.4.1LAMEA Polyphenylene Sulfide (PPS) Market by Type
    • 7.4.1.1LAMEA Linear PPS Market by Country
    • 7.4.1.2LAMEA Cured PPS Market by Country
    • 7.4.1.3LAMEA Branched PPS Market by Country
  • 7.4.2LAMEA Polyphenylene Sulfide (PPS) Market by Application
    • 7.4.2.1LAMEA Automotive Market by Country
    • 7.4.2.2LAMEA Electrical & Electronics Market by Country
    • 7.4.2.3LAMEA Industrial Market by Country
    • 7.4.2.4LAMEA Aerospace Market by Country
    • 7.4.2.5LAMEA Medical/Healthcare Market by Country
    • 7.4.2.6LAMEA Others Market by Country
  • 7.4.3LAMEA Polyphenylene Sulfide (PPS) Market by Country
    • 7.4.3.1Brazil Polyphenylene Sulfide (PPS) Market
      • 7.4.3.1.1Brazil Polyphenylene Sulfide (PPS) Market by Type
      • 7.4.3.1.2Brazil Polyphenylene Sulfide (PPS) Market by Application
    • 7.4.3.2Argentina Polyphenylene Sulfide (PPS) Market
      • 7.4.3.2.1Argentina Polyphenylene Sulfide (PPS) Market by Type
      • 7.4.3.2.2Argentina Polyphenylene Sulfide (PPS) Market by Application
    • 7.4.3.3UAE Polyphenylene Sulfide (PPS) Market
      • 7.4.3.3.1UAE Polyphenylene Sulfide (PPS) Market by Type
      • 7.4.3.3.2UAE Polyphenylene Sulfide (PPS) Market by Application
    • 7.4.3.4Saudi Arabia Polyphenylene Sulfide (PPS) Market
      • 7.4.3.4.1Saudi Arabia Polyphenylene Sulfide (PPS) Market by Type
      • 7.4.3.4.2Saudi Arabia Polyphenylene Sulfide (PPS) Market by Application
    • 7.4.3.5South Africa Polyphenylene Sulfide (PPS) Market
      • 7.4.3.5.1South Africa Polyphenylene Sulfide (PPS) Market by Type
      • 7.4.3.5.2South Africa Polyphenylene Sulfide (PPS) Market by Application
    • 7.4.3.6Nigeria Polyphenylene Sulfide (PPS) Market
      • 7.4.3.6.1Nigeria Polyphenylene Sulfide (PPS) Market by Type
      • 7.4.3.6.2Nigeria Polyphenylene Sulfide (PPS) Market by Application
    • 7.4.3.7Rest of LAMEA Polyphenylene Sulfide (PPS) Market
      • 7.4.3.7.1Rest of LAMEA Polyphenylene Sulfide (PPS) Market by Type
      • 7.4.3.7.2Rest of LAMEA Polyphenylene Sulfide (PPS) Market by Application

Chapter 8.Company Profiles

• 8.1Solvay SA
  • 8.1.1Company Overview
  • 8.1.2Financial Analysis
  • 8.1.3Segmental and Regional Analysis
  • 8.1.4Research & Development Expenses
  • 8.1.5Recent strategies and developments:
    • 8.1.5.1Product Launches and Product Expansions:
  • 8.1.6SWOT Analysis
• 8.2Toray Industries, Inc.
  • 8.2.1Company Overview
  • 8.2.2Financial Analysis
  • 8.2.3Segmental and Regional Analysis
  • 8.2.4Research & Development Expense
  • 8.2.5Recent strategies and developments:
    • 8.2.5.1Product Launches and Product Expansions:
    • 8.2.5.2Geographical Expansions:
  • 8.2.6SWOT Analysis
• 8.3Celanese Corporation
  • 8.3.1Company Overview
  • 8.3.2Financial Analysis
  • 8.3.3Segmental and Regional Analysis
  • 8.3.4Research & Development Expenses
  • 8.3.5SWOT Analysis
• 8.4SABIC (Saudi Arabian Oil Company)
  • 8.4.1Company Overview
  • 8.4.2Financial Analysis
  • 8.4.3Segmental and Regional Analysis
  • 8.4.4Recent strategies and developments:
    • 8.4.4.1Product Launches and Product Expansions:
  • 8.4.5SWOT Analysis
• 8.5Tosoh Corporation
  • 8.5.1Company Overview
  • 8.5.2Financial Analysis
  • 8.5.3Segmental and Regional Analysis
  • 8.5.4Research & Development Expenses
  • 8.5.5SWOT Analysis
• 8.6DIC Corporation
  • 8.6.1Company Overview
  • 8.6.2Financial Analysis
  • 8.6.3Segmental and Regional Analysis
  • 8.6.4Research & Development Expenses
  • 8.6.5Recent strategies and developments:
    • 8.6.5.1Product Launches and Product Expansions:
  • 8.6.6SWOT Analysis
• 8.7SK chemicals
  • 8.7.1Company Overview
  • 8.7.2Financial Analysis
  • 8.7.3Research & Development Expenses
  • 8.7.4SWOT Analysis
• 8.8Kureha Corporation
  • 8.8.1Company Overview
  • 8.8.2Financial Analysis
  • 8.8.3Segmental Analysis
  • 8.8.4Recent strategies and developments:
    • 8.8.4.1Geographical Expansions:
  • 8.8.5SWOT Analysis
• 8.9Teijin Limited
  • 8.9.1Company Overview
  • 8.9.2Financial Analysis
  • 8.9.3Segmental and Regional Analysis
  • 8.9.4Research & Development Expenses
  • 8.9.5SWOT Analysis
• 8.10.RTP Company, Inc.
  • 8.10.1Company Overview
  • 8.10.2SWOT Analysis

Chapter 9.Winning Imperative of Polyphenylene Sulfide (PPS) Market