© 2016 Global Market Insights, Inc. USA. All Rights Reserved Polyphenylene Sulfide Market with Current Trends Analysis, : Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific is expected to observe high growth in demand due to economic advancement in the region coupled with increased product requirements from electrical & electronics, filter baggage and automotive industries. China is expected to lead the regional polyphenylene sulfide market owing to rise in its product imports to meet demand. Various crucial players including both global and local players are expanding their manufacturing bases in the country due to high availability of low waged employees.  Japan is one of the largest producer of these resins globally and is expected to continue this trend in a positive way. Presence of well-equipped manufacturing plants with latest technology favors polyphenylene sulfide market growth in the country. High product manufacturing rate in the country is creating an oversupply scenario in the overall polyphenylene sulfide market. With the definite capacity, these polyphenylene sulfide market players are anticipated to operate at low operating margins to generate future expansions depending on the rising demand. Regional Analysis of Polyphenylene Sulfide Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Polyphenylene Sulfide Market:  Automotive industry is the chief driver contributing to high growth rates of the global polyphenylene sulfide market demand. It is used in various common and newly developed automobile applications including rear windshield glazing, instrument panels, headlight lens, door panels, wheel covers, center consoles, roof modules, interior trims, door handles, bumpers and housings. It is also used in other automotive applications including electrical components, chassis, powertrain and trim components. Major driver for the polyphenylene sulfide market growth in automotive industry comes from flexibility in design, ease of assembly during production and weight reduction potential.  Polyphenylene Sulfide Market size is expected to witness a surge in demand owing to a significant product development in various applications including electronics, electrical, industrial, automotive and aviation. Increasing consumption of product compound for high temperature applications owing to its superior mechanical and performance features. Rise in product consumption in coating applications due to high chemical resistance, excellent electrical properties and high heat resistance will accelerate the market demand.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Some of the dominant polyphenylene sulfide market players include Toray, Lumena, Chevron Phillips Chemical, Bayer, FORTRAN, INITZ, Solvay, SABIC, Chengdu Letian Plastics and Tosoh.  Other prominent players are Haohua Honghe Chemical, SK Chemicals, Celanese, Zhejiang NHU, AETNA PLASTICS, Jiangsu Ruitai Technology¸ Kureha, RTP, DIC, Toyobo, Daicel and Lion Idemitsu Composites. Competitive Market Share of Polyphenylene Sulfide Market :

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