Polyphenylene Sulfide (PPS) Market Overview:
The worldwide Polyphenylene Sulfide market revenue was predicted at 705.8 million US dollars in year 2013. Rising demand for HPTP like PPS from aerospace and defense sections is predicted to enhance the growth & expansion of Polyphenylene Sulfide during the estimated time span. Growing need for automobile applications combined with optimistic outlook in production is predicted to stimulate the growth and expansion of Polyphenylene Sulfide market during the estimated period. The advantages of the Polyphenylene Sulfide include fuel resistance, anti freeze, transmission, brake fluids and hotness. Further, the Polyphenylene Sulfide mix also offers reduction in weight and rising stability in comparison to a complete metal framework, thus enhancing performance and fuel efficacy in vehicles.
Growing stress on power safety has led to large amount of power plant set ups over the last few years. Further, this trend is anticipated to continue due to growing population and enhanced infrastructure specifically in developing regions. As a result of this, demand for Polyphenylene Sulfide is predicted to have a favorable effect on the growth & expansion of the Polyphenylene Sulfide market owing to the utilization of filter bags & filter in dust chamber filters and coal boilers.
Browse full report with TOC @ http://www.acutemarketreports.com/report/polyphenylene-sulfide-market-reports
Growing demand for the Polyphenylene Sulfide compound in high temperature applications due to best performance and exceptional mechanical features is a main aspect driving the growth of the Polyphenylene Sulfide market. But the presence of many alternatives with identical features is likely to constraint the demand for Polyphenylene Sulfide during the estimated time span. Further, high costs of chemicals as compared to its alternatives are a key restricting aspect contributing towards growth and development of worldwide Polyphenylene Sulfide market.
Polyphenylene Sulfide (PPS) Market by Application:
Applications of filter bags & filter led the worldwide Polyphenylene Sulfide market contributing for more than twenty five percentage of market share in year 2013. Filter bags are mainly used in thermal plants, coal fired energy plants and incinerators. Fast industrial development in regions of Asia Pacific is predicted to stimulate the demand for Polyphenylene Sulfide in those areas. Polyphenylene Sulfide competes with other HPTP comprising of polyamides and PEEK in this application section. Supportive rules and regulations in order to maintain the ecological cleanliness in developed areas which includes Europe is predicted to have a favorable effect on the demand for Polyphenylene Sulfide compound.
View all reports of this category @ http://www.acutemarketreports.com/category/plastics-market
Automobiles market contributed significantly to the total revenue share of the Polyphenylene Sulfide market due to rise in demand for manufactured parts like engine parts, fuel system components, brake systems, power trains and electrical parts, lighting parts and components of transmission. In terms of revenue, the Polyphenylene Sulfide market sector is predicted to grow at a CAGR rate of 13.0% from year 2014 to year 2022.
Growing demand for the Polyphenylene Sulfide chemicals in automobile applications is due to its exceptional properties such as its resistance to temperature. The growth and demand of the Polyphenylene Sulfide market is predicted to rise in coming years. Further, different luxury car brands like Mercedes Benz have been using this compound in producing engine parts for weight reduction and enhancing the stability of the components.
LinkedIn: http://bit.ly/1P2fUUv
About Acute Market Reports
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends. Our database consists of 200,000+ market research reports with detailed & minute market research.
Contact:
Chris Paul
Office No 01, 1st Floor,
Aditi Mall, Baner, Pune,
MH, 411045 India
Phone (India): +91 7755981103
Toll Free (US/Canada): +1-855-455-8662
Email: sales@acutemarketreports.com
For More Information Visit: http://www.acutemarketreports.com/