Germany Polyphenylene Sulfide Market Size & Outlook
Germany polyphenylene sulfide market, 2019-2030 (US$M)
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Germany polyphenylene sulfide market highlights
- The Germany polyphenylene sulfide market generated a revenue of USD 108.8 million in 2023 and is expected to reach USD 199.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 9% 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.
Polyphenylene sulfide market data book summary
| Market revenue in 2023 | USD 108.8 million |
| Market revenue in 2030 | USD 199.1 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Linear pps |
| Fastest growing segment | Linear PPS |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 7.1% of the global polyphenylene sulfide market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany polyphenylene sulfide market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 199.1 million by 2030.
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Polyphenylene Sulfide Market Scope
Polyphenylene Sulfide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 63.79% in 2023. Horizon Databook has segmented the Germany polyphenylene sulfide market based on linear pps, cured pps, branched pps covering the revenue growth of each sub-segment from 2019 to 2030.
The growth of the automotive industry in Germany is likely to be a key driver of the PPS market in the region, boosting the demand for the product over the next eight years. The increasing R&D expenditure and expanding manufacturing base are estimated to further augment this demand over the forecast period.
The automobile industry in Germany is one of the biggest industries in the country and produces more than 6 million vehicles including passenger and commercial vehicles every year. In addition, Germany is also a leader in producing passenger cars amongst all member countries in the European Union.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany polyphenylene sulfide market , including forecasts for subscribers. This country databook contains high-level insights into Germany polyphenylene sulfide market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Germany polyphenylene sulfide market size, by type, 2019-2030 (US$M)
Germany Polyphenylene Sulfide Market Outlook Share, 2023 & 2030 (US$M)
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