Polyphenylene Oxide Market is expected to undergo a CAGR of 5.72% during the forecast period 2022 to 2029.
Market Analysis and Insights Polyphenylene Oxide
Polyphenylene oxide are well-known due to their excellent distinguishing characteristics and mechanical capabilities, including their dimensional stability, low specific gravity, insulating properties etc. These characteristics make polyphenylene oxide is best choice in the electronics and automotive industries. The major suppliers of polyphenylene oxide are concentrating on introducing new products to fulfil the increasing demand from several end user industries. The medical instrumentation is the highest growing application segment due to ongoing advancement across the medical sector along with growing consumer spending on health over the forecast period of 2022-2029. Moreover, polyphenylene oxide manufacturers are increasing their spending on R&D to produce unique products and get a competitive edge over other market participants.
Polyphenylene oxide is a high-performance amorphous engineering thermoplastic. It has high resistance properties towards many chemicals such as organic and mineral acids, alcohols, oils, and ketones, and also resistance to high temperatures. Polyphenylene oxide is a high-temperature thermoplastic. It is hardly used in its pure form due to its complications in the processing. It is generally used as blend with polystyrene and high impact styrene-butadiene copolymer or polyamide.
Growing demand of polyphenylene oxide from automotive industry due to their profitable properties such as excellent electrical insulation, mechanical properties, low moisture absorption, and dimensional stability is anticipated to drive the growth of the polyphenylene oxide market. Growing automotive industry in emerging countries is expected to remain a major driving factor for growth of the market.
Polyphenylene Oxide Market Scope
The polyphenylene oxide market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- PPO Resin
- MPPO
Application
- Electronic Components
- Fluid Handling
- Air Separation Membranes
- Medical Instruments
- Automotive
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Polyphenylene Oxide Market Country Level Analysis
The countries covered in the polyphenylene oxide market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Polyphenylene Oxide Market Share Analysis
The Polyphenylene Oxide Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Polyphenylene Oxide Market.
Key Players Polyphenylene Oxide Market
- BASF SE (Germany)
- SABIC (Saudi Arabia)
- RTP Company (U.S.)
- Celanese Corporation (U.S.)
- Ensinger (India)
- Mitsubishi Electric Corporation (Japan)
- 3M (U.S.)
- Goodfellow (U.K.)
- Asahi Kasei Chemicals Corporation (Japan)
- Solvay (Belgium)
- Sumitomo Chemical Co., Ltd (Japan)
- LyondellBasell Industries Holdings BV (Netherlands)
- Momentive (U.S.)
- Mitsubishi Chemical Corporation (Japan)
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Polyphenylene Oxide Market by Product & Procedure type
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