U.S. Polyphenylene Oxide (ppo) Market Size & Outlook
U.S. polyphenylene oxide (ppo) market, 2018-2030 (US$M)
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U.S. polyphenylene oxide (ppo) market highlights
- The U.S. polyphenylene oxide (ppo) market generated a revenue of USD 180.8 million in 2022 and is expected to reach USD 266.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5% 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 180.8 million |
| Market revenue in 2030 | USD 266.9 million |
| Growth rate | 5% (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, U.S. accounted for 9.7% 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 North America, U.S. polyphenylene oxide (ppo) market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 266.9 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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U.S. 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 41.43% in 2022. Horizon Databook has segmented the U.S. 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.
U.S. is major market for polyphenylene oxide in North America and accounted for 69.4% of market share in 2017. The consumption is majorly driven by growing demand in automotive and electronic industries.
The rapidly increasing shale gas operations is expected to reduce raw material problems for the industry. The positive trend of increasing demand for electric cars is expected to benefit market growth.
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Target buyers of U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. polyphenylene oxide (ppo) market , including forecasts for subscribers. This country databook contains high-level insights into U.S. polyphenylene oxide (ppo) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. polyphenylene oxide (ppo) market size, by end use, 2018-2030 (US$M)
U.S. Polyphenylene Oxide (PPO) Market Outlook Share, 2022 & 2030 (US$M)
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