Asia Pacific Polyphenylene Sulfide Market Size & Outlook
Asia Pacific polyphenylene sulfide market, 2019-2030 (US$M)
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Asia Pacific polyphenylene sulfide market highlights
- The Asia Pacific polyphenylene sulfide market generated a revenue of USD 473.5 million in 2023.
- The market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, linear pps was the largest revenue generating type in 2023.
- Linear PPS is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 473.5 million |
| Market revenue in 2030 | USD 877.5 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Linear pps |
| Fastest growing segment | Linear PPS |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Linear PPS, Cured PPS, Branched PPS |
| Key market players worldwide | DIC Corp, Solvay SA, Idemitsu Kosan Co Ltd, Toray Industries Inc, Tosoh Corp, Celanese Corp Class A, Teijin Ltd, SABIC, LG Chem, Miller Waste Mills |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.8% of the global polyphenylene sulfide market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 877.5 million by 2030.
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Polyphenylene Sulfide Market Scope
Polyphenylene Sulfide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific polyphenylene sulfide 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 sulfide market will help companies and investors design strategic landscapes.
Linear pps was the largest segment with a revenue share of 61.86% in 2023. Horizon Databook has segmented the Asia Pacific polyphenylene sulfide market based on linear pps, cured pps, branched pps covering the revenue growth of each sub-segment from 2019 to 2030.
The presence of automobile giants including Toyota Motors, Honda Automobile, Nissan Motors, Hino Motors, and General Motors is expected to stimulate industry expansion. In addition, the government of South Korea has signed numerous agreements with the European Union countries and the U.S. to increase their export volumes by decreasing tariffs.
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Our clientele includes a mix of polyphenylene sulfide market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific polyphenylene sulfide market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific polyphenylene sulfide market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific polyphenylene sulfide market size, by country, 2019-2030 (US$M)
Asia Pacific Polyphenylene Sulfide Market Outlook Share, 2023 & 2030 (US$M)
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