Home >> News >> Business >> Polyphenylene Oxide (PPO) Resins Market size To Reach US$ 1,879.84 Mn By 2026, At A CAGR Of 4.3% From 2018 To 2026 analysis by Credence Research

Polyphenylene Oxide (PPO) Resins Market size To Reach US$ 1,879.84 Mn By 2026, At A CAGR Of 4.3% From 2018 To 2026 analysis by Credence Research

The Polyphenylene Oxide (PPO) Resins Market Report is a professional and in-depth study on the current state of the Polyphenylene Oxide (PPO) Resins Industry. Polyphenylene Oxide (PPO) Resins Market expected to exhibit steady growth during the forecast period.

Firstly, this research report presents a basic outline of the Polyphenylene Oxide (PPO) Resins industry covering boundaries, purposes, classifications and market chain structure. The growth policies and strategies are presented as well as manufacturing processes and cost structures.

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Secondly, this research study shows the Polyphenylene Oxide (PPO) Resins market size (volume and value), and the share markets by types, regions, applications, and companies are also discussed. Third, the Polyphenylene Oxide (PPO) Resins market report is presented for major regions including USA, Europe, China, and Japan, and other regions can be added.

Then, the research report especially concentrates on global major leading industry players with data such as company product pictures, profiles and terms, trades, market share, and contact information.

Market Insights

In term of value, the polyphenylene oxide (PPO) resins Market was valued at US$ 1,298.26 Mn in 2017 and the same is anticipated to reach US$ 1,879.84 Mn by 2026, expanding at a CAGR of 4.3% during the forecast period. Further, in terms of volume, the polyphenylene oxide (PPO) resins market accounted for more than 500 Thousand Tons in 2017.

Polyphenyle oxide (PPO) resins is a tough and stiff material, which has a high melting point and a high glass transition temperature, exhibiting high resistance to heat. The material also has a high resistance to acids and bases. PPO resins exhibit favorable load bearing characteristics, dimensional stability, and dielectric properties and can be rated as non-dripping and self-extinguishing. However, PPO resins seldom used in its purest form owing to several difficulties that it faces while processing, because of which commercial grade PPO resins are blended with polyamides, high impact styrene-butadiene co-polymer or polystyrene.

Rising demand for PPO resins in the automotive & transportation and electrical & electronics industry are key factors driving demand for the market at present. Sale of passenger vehicles expected to cross 80 million mark by the end of 2018. China and the U.S. considered as major markets for the same. The U.S. witnessed sale of more than 7 million passenger cars in 2016. China is the world leader for aftermarket automotive components. China imported automotive components worth US$ 33 billion in 2015, while its exports accounted for more than US$ 8 billion in the same year. China is a major market for automotive and electrical components, responsible for the production of low cost automotive and electrical parts. In the same year, mechanical & electrical parts accounte for the major chunk of the automotive component market in China, contributing to more than 85% of the revenue.

Leading Players:

Asahi Kasei Chemicals Corporation, Saudi Basic Industries Corporation (SABIC), Romira GmbH, Entec Polymers, LLC, Evonik Industries AG, Mitsubishi Chemical Corporation., RTP Company, Inc., Solvay S.A., Ensinger GmbH, China National Bluestar (Group) Co, Ltd among others are some of the prominent players in global polyphenylene oxide (PPO) resins market.

Research Methodology

Credence Research has used various sources of information and study to determine the market wealth of the global Polyphenylene Oxide (PPO) Resins market. In series to give the industry value forecast till 2026 end, Credence Research analysts have first searched Polyphenylene Oxide (PPO) Resins solutions by services, end user, product type and purpose. After this, the analysts aimed to arrive at the stated market figures so they have done primary and secondary research. In the primary research, consultations with industry specialists were carried out and the secondary research consists of qualitative information collecting through journals, various articles, industry association data, blogs, company websites, and other secondary sources. In the data study phase, adoption of Polyphenylene Oxide (PPO) Resins solutions across various industries was examined, along with value chain analysis.

Report content

  • Qualitative Analysis
  • Industry overview
  • Industry trends
  • Key market opportunities prioritized
  • Market size
  • Growth prospects
  • Product benchmarking
  • Competitive landscape
  • Company overview
  • Financial performance
  • Market drivers and restraints
  • Latest strategic developments

Quantitative Analysis

  • Polyphenylene Oxide (PPO) Resins Market size, estimates, and forecast from 2018 to 2026
  • Polyphenylene Oxide (PPO) Resins Market estimates and forecast for product segments up to 2026
  • Regional market size and forecast of Polyphenylene Oxide (PPO) Resins for product segments up to 2026
  • Market valuations and the outlook for demand segments up to 2026
  • Regional business size and forecast for application segments up to 2026

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