China Polyphenylene Oxide (ppo) Market Size & Outlook
China polyphenylene oxide (ppo) market, 2018-2030 (US$M)
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China polyphenylene oxide (ppo) market highlights
- The China polyphenylene oxide (ppo) market generated a revenue of USD 509.1 million in 2022 and is expected to reach USD 800.2 million by 2030.
- The China market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyphenylene oxide (ppo) market data book summary
| Market revenue in 2022 | USD 509.1 million |
| Market revenue in 2030 | USD 800.2 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | AUTOMOTIVE |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, LyondellBasell Industries NV Class A, Sumitomo Chemical Co Ltd, Asahi Kasei Corp, Solvay SA, Mitsubishi Chemical Group Corp, Evonik Industries AG, Toray Industries Inc, Kingfa Science & Technology (I, SABIC, Polyplastics, Momentive, China National Bluestar Group |
Other key industry trends
- In terms of revenue, China accounted for 27.3% of the global polyphenylene oxide (ppo) market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyphenylene oxide (ppo) market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 210.8 million by 2030.
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Polyphenylene Oxide (PPO) Market Scope
Polyphenylene Oxide (PPO) Market Companies
| Name | Profile | # Employees | HQ | Website |
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China polyphenylene oxide (ppo) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyphenylene oxide (ppo) market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 41.98% in 2022. Horizon Databook has segmented the China polyphenylene oxide (ppo) market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
China is the world leader in polyphenylene production. Low production costs in the country have triggered high investments in the plastics industry, including the plastics machinery manufacturing.
Plastic consumption in China is increasing due to rising income levels and increasing GDP per capita of Chinese citizens, which surpassed USD 6,497 p.a. in 2015. Manufacturing is the backbone of the Chinese economy and contributed more than 20% of the GDP in 2015.
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Target buyers of China polyphenylene oxide (ppo) market databook
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Our clientele includes a mix of polyphenylene oxide (ppo) market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China polyphenylene oxide (ppo) market , including forecasts for subscribers. This country databook contains high-level insights into China polyphenylene oxide (ppo) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China polyphenylene oxide (ppo) market size, by end use, 2018-2030 (US$M)
China Polyphenylene Oxide (PPO) Market Outlook Share, 2022 & 2030 (US$M)
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