Polyphenylene Sulfide Market - Forecast (2023 - 2028)

Polyphenylene Sulfide market size is forecast to reach US$3.1 billion by 2027 after growing at a CAGR of 10.2% during 2022-2027. Polyphenylene sulfide comes in the form of a semi-crystalline organic polymer that’s made from p-substituted benzene and sulfur rings. Polyphenylene Sulfide (PPS) is also a high-performance engineering plastic with excellent mechanical properties like stiffness, creep resistance, and strength, and has the ability to maintain dimensional stability in harsh environments.

Polyphenylene sulfide is produced in the form of a synthetic fibre that has a low viscosity which makes it flexible to be molded into desired forms, is environment friendly as it is recyclable, and has flame retarding properties for electrical and high-temperature applications. The demand for polyphenylene sulfide is growing since it is used to manufacture different electrical and electronic components such as plugs, switches, relay components, and electrical insulation.

Polyphenylene sulfide is also widely applied in the automotive industry as well for fuel system parts, induction systems, coolant systems, and lighting components. The polyphenylene sulfide market is majorly driven by such industries and increasing industrialization in emerging countries of Asia-Pacific is driving the polyphenylene sulfide market.



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