NEW YORK, The polyphenylene market will be dominated by APAC during the forecast period. The market is estimated to grow by USD 1.47 bn from 2021 to 2026, at a CAGR of 7% during the forecast period.
Vendor Analysis
Technavio’s analysis of the polyphenylene market is based on the detailed insight of key market players, including strategic movements such as R&D collaborations, product launches, mergers & acquisitions, collaborations, and partnerships. In line with this, the polyphenylene market 2022-2026 includes detailed insights into the following companies:
Asahi Kasei Corp. Cancarb Ltd. Celanese Corp. Chevron Phillips Chemical Co. LLCDaicel Corp. DIC Corp. Ensinger GmbHKureha Corp. LG Chem Ltd.Polyplastics Co. Ltd. RTP Co.Ryan Plastics Ltd. Solvay SASonghan Plastic Technology Co. Ltd. Teijin Ltd. Toray Industries Inc. Tosoh Corp. Zhejiang Xinhecheng Special Materials Co. Ltd. Mitsubishi Chemical Corp.
Various factors support the global market growth, and by leveraging benefits in a manner of market opportunities, parameters that are considered to forecast the market analysis include the following:
Technological developments Predicted opportunities Market driving trends Consumer preferences Consumer spending dynamics and trends Challenges and restraints to be faced Government regulations Other developments
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The polyphenylene market analysis for 2022-2026 also investigates the following:
Detail analysis for the factors that drive and hamper the growth market during the forecast period Analysis of the polyphenylene market in major regions – North America, Europe, APAC, South America, and Middle East and Africa Market size estimation analysis for each segment at a regional level* Analysis of the polyphenylene industry and its segments in the market Deep dive into the value/supply chain analysis of the market
Polyphenylene Market Type Outlook (Revenue, USD bn, 2021-2026)
Polyphenylene sulfide(PPS) – size and forecast 2021-2026Polyphenylene ether/oxide(PPE/PPO) – size and forecast 2021-2026Polyphenylene vinylene (PPV) – size and forecast 2021-2026
The polyphenylene sulfide (PPS) segment will have significant market share growth during the forecast period. The market will be driven by factors such as wide application in the automotive industry, where the demand for lightweight and durable metal alternatives is increasing.
Polyphenylene Market Geography Outlook (Revenue, USD bn, 2021-2026)
North America – size and forecast 2021-2026Europe – size and forecast 2021-2026APAC – size and forecast 2021-2026South America – size and forecast 2021-2026Middle East and Africa – size and forecast 2021-2026
APAC will account for 41% of the market’s growth during the forecast period. China, Japan, and India are the key countries for the polyphenylene market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The established industrial base in the region will drive the polyphenylene market growth in APAC during the forecast period.
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