According to a market report by Lucintel, the future of the global polyphenylene market looks promising with opportunities in the engineering plastic, filter bag, high- performance lubricant, and composite markets. The global polyphenylene market is expected to reach an estimated $6.1 billion by 2030 from $3.1 billion in 2024, at a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are rising demand for lightweight and durable materials, growing applications in consumer goods, and increasing demand in automotive and electrical industries.
A more than 150-page report to understand trends, opportunity and forecast in Polyphenylene market to 2030 by product type (polyphenylene ether/oxide and polyphenylene sulfide), application (engineering plastics, filter bags, high- performance lubricants, composites, and others), end use (automotive, electrical & electronics, industrial, coatings, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that polyphenylene sulfide will remain larger segment over the forecast period.
Within this market, engineering plastic will remain the largest segment.
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Toray Industries, DIC, Asahi Kasei, Kureha, SABIC are the major suppliers in the Polyphenylene market.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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