blogspots

  Polyphenylene Sulfide Market is projected to be worth USD 2.26 Billion by 2030, registering a CAGR of 5.3% during the forecast period (2022–2027). Major Boosters and Deterrents The market size is expanding at a significant rate, thanks to the amplified product demand in sectors such as industrial, automotive, aerospace and electronics. PPS is increasingly being consumed across industries, given their ability to function in extreme temperatures, significant performance and impressive mechanical properties. The product’s extensive use in numerous automotive components such as switches, engine components, pistons, coolant systems and transmission components will also enhance the market share in the coming years. The dramatic surge in automotive production across Indonesia, China, U.S., Mexico, South Korea, Germany, Taiwan, Malaysia and Japan is anticipated to work in favor of the PPS market in the ensuing years. Since polyphenylene sulfide is sustainable and recyclable, it is used wide