North America Polyphenylene Sulfide Market Size & Outlook
North America polyphenylene sulfide market, 2019-2030 (US$M)
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North America polyphenylene sulfide market highlights
- The North America polyphenylene sulfide market generated a revenue of USD 380.5 million in 2023.
- The market is expected to grow at a CAGR of 8.9% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 380.5 million |
| Market revenue in 2030 | USD 690.5 million |
| Growth rate | 8.9% (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, North America region accounted for 24.7% 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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North America 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 58.32% in 2023. Horizon Databook has segmented the North America polyphenylene sulfide market based on linear pps, cured pps, branched pps covering the revenue growth of each sub-segment from 2019 to 2030.
Leading automobile companies including Nissan, Honda Motors, and Mazda have started production in Mexico. New product launches by GM and Ford are anticipated to promote the growth of this sector, thereby boosting the demand for PPS in the region.
Other applications include aerospace, defense, and filter bags. The burgeoning aerospace industry in the U.S. along with the emergence of major aerospace companies in Mexico are likely to fuel the demand for PPS.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America polyphenylene sulfide market , including forecasts for subscribers. This continent databook contains high-level insights into North America polyphenylene sulfide market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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North America polyphenylene sulfide market size, by country, 2019-2030 (US$M)
North America Polyphenylene Sulfide Market Outlook Share, 2023 & 2030 (US$M)
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