The global polyphenylene oxide (PPO) resin market was valued at US$ XX million in the year 2018 and is expected to reach US$ XX million by the year 2023, growing at a CAGR of 4.2% during the forecast period. In terms of volume the global polyphenylene oxide resins market was valued at XX KT in the year 2018 and is expected to reach XX KT by the year 2023, growing at a CAGR of XX%.
Polyphenylene oxide is a high-performance polymer that has resistance to high temperatures. Its glass transition temperature is very high up to 210°C. Additionally it has excellent resistance to acids and bases, outstanding electrical properties, and high mechanical strength, which makes its suitable for use in various end-user industries.
PPO has good load bearing characteristics and dimensional stability even at high temperatures. However, the material is resistant to very high temperature and therefore its processing becomes difficult. Generally, polymers are processed by heating them to a very high temperature and bringing them to a liquid-like state. PPO is very rarely used in its pure form due to the difficulties in processing. It is commercially available in forms blended with high-impact polystyrene (HIPS), polyamide or high impact styrene-butadiene copolymer.
The major factors driving the growth of the polyphenylene oxide market are its increasing use in the various end-user industries such as automotive and consumer goods. Apart from the increasing expenditure on electronic devices such as smartphones, television sets, laptops, tablets, etc. is also expected to drive the growth of the PPO resins market. The growing automotive sector in developing countries is further expected to augment the growth of the market.
The Polyphenylene Oxide (PPO) resins market report covers an in-depth analysis of the market including statistical and subjective data points, along with the key market drivers and opportunities & restraints that have positive or negative effects on the overall global market. An exclusive coverage has been provided for market drivers and challenges & opportunities for a country-level market in the respective regional segments. The report comprises a competitive analysis of the key players functioning in the market and covers in-depth data related to the competitive landscape of the market and the recent strategies & products that will assist or affect the market in the near future.
By End User
Based on end-user, the market has been segmented into automotive, electrical and electronics, consumer goods, and others. The automotive end-user segment accounts for a significant share in the PPO resins market. The PPO resins are used for the manufacturing of seat backs, functional parts in the ventilation, heating, and coolant sectors, spoilers, grills, body panels, impellers for water pumps in engine cooling etc.
The automotive sector is witnessing growth particularly in developing countries such as China, India, South Korea, etc. Apart from this, the rising trend of electric vehicles is expected to drive the growth of the PPO resins in the automotive sector.
Based on geography, Asia Pacific dominates the global polyphenylene oxide (PPO) resins market and is expected to show similar trend during the forecast period. This growth can be attributed to the expanding automotive and electrical and electronics industry in this region. The Indian auto components industry reported a turnover of US$ 51.2 billion in 2018 and is expected to reach US$ 200 billion by the year 2023. Similarly, there is significant growth seen in the Chinese automotive sector.
Furthermore, the rising per capita income coupled with the increasing sale of appliances is also expected to drive the PPO resins market in this region. Also, more and more chemical manufacturers are setting-up polymer manufacturing plants in this region in order to cater to the rising demand for various types of polymers in this region.
Company Profiles:
The notable players operating in the polyphenylene oxide resins market are SABIC (Saudi Arabia), Mitsubishi Chemical Corporation (Japan), Evonik Industries AG (Germany), Asahi Kasei Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), LyondellBasell (the Netherlands), BASF SE (Germany), and Oxford Polymers (US) amongst others.
Most of these companies are ramping up production capacity in order to meet the current and future market demand. For instance, in February 2018, SABIC has announced its plans to restart the production of PPE resin at its Bergen op Zoom plant in the Netherlands. Once operations commence at this plant it is expected to add a global capacity of more than 40% over the 2017 baseline.
Geographies covered:
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Rest of APAC
Latin America
Mexico
Brazil
Rest of Latin America
Middle East and Africa
GCC
Rest of Middle East and Africa
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Polyphenylene Oxide Resins Market, 2016-2023, (KT) (US$ Mn)
2.1 Market Snapshot: Global Polyphenylene Oxide Resins Market
2.2 Market Dynamics
2.3 Global Polyphenylene Oxide Resins Market, by Segment, 2018
2.3.1 Global Polyphenylene Oxide Resins Market, by End-user, 2018 (KT) (US$ Mn)
2.3.2 Global Polyphenylene Oxide Resins Market, by Region, 2018 (KT) (US$ Mn)
2.4 Premium Insights
2.4.1 Polyphenylene Oxide Resins Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Polyphenylene Oxide Resins Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Increasing use of Polyphenylene Oxide in Automotive sector
3.2.2 Increasing expenditure on electronic goods
3.3 Market Restraints
3.3.1 Restraint 1
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Opportunity 1
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Polyphenylene Oxide Resins Market, by End-user
4.1 Market Overview, by End-user
4.1.1 Global Polyphenylene Oxide Resins Market, by End-user, 2016-2023 (KT) (US$ Mn)
4.1.2 Incremental Opportunity, by End-user, From 2018-2023
4.2 Automotive
4.2.1 Global Polyphenylene Oxide Resins Market, by Automotive, 2016-2023, (KT) (US$ Mn)
4.3 Electrical and electronics
4.3.1 Global Polyphenylene Oxide Resins Market, by Electrical and Electronics, 2016-2023, (KT) (US$ Mn)
4.4 Consumer goods
4.4.1 Global Polyphenylene Oxide Resins Market, by Consumer goods, 2016-2023, (KT) (US$ Mn)
4.5 Others
4.5.1 Global Polyphenylene Oxide Resins Market, by Others, 2016-2023, (KT) (US$ Mn)
Chapter 5 Global Polyphenylene Oxide Resins Market, by Region
5.1 Market Overview, by Region
5.1.1 Global Polyphenylene Oxide Resins Market, by Region, 2016-2023, (KT) (US$ Mn)
5.2 Attractive Investment Opportunity, by Region, 2018
5.3 North America Polyphenylene Oxide Resins Market
5.3.1 North America Polyphenylene Oxide Resins Market, by End-user, 2016-2023 (KT) (US$ Mn)
5.3.2 United States Country Profile
5.3.2.1 United States Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.3.3 Canada Country Profile
5.3.3.1 Canada Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.4 Europe Polyphenylene Oxide Resins Market
5.4.1 Europe Polyphenylene Oxide Resins Market, by End-user, 2016-2023 (KT) (US$ Mn)
5.4.2 United Kingdom Country Profile
5.4.2.1 United Kingdom Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.4.3 Germany Country Profile
5.4.3.1 Germany Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.4.4 France Country Profile
5.4.4.1 France Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.4.5 Italy Country Profile
5.4.5.1 Italy Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.4.6 Spain Country Profile
5.4.6.1 Spain Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.4.7 Rest of Europe
5.4.7.1 Rest of Europe Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.5 Asia Pacific Polyphenylene Oxide Resins Market
5.5.1 Asia Pacific Polyphenylene Oxide Resins Market, by End-user, 2016-2023 (KT) (US$ Mn)
5.5.2 China Country Profile
5.5.2.1 China Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.5.3 Japan Country Profile
5.5.3.1 Japan Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.5.4 India Country Profile
5.5.4.1 India Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.5.5 Southeast Asia Country Profile
5.5.6 Rest of Asia Pacific
5.5.6.1 Rest of Asia Pacific Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.6 Latin America Polyphenylene Oxide Resins Market
5.6.1 Latin America Polyphenylene Oxide Resins Market, by End-user, 2016-2023 (KT) (US$ Mn)
5.6.2 Brazil Country Profile
5.6.2.1 Brazil Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.6.3 Mexico Country Profile
5.6.3.1 Mexico Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.6.4 Rest of Latin America
5.6.4.1 Rest of Latin America Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.7 Middle East & Africa Polyphenylene Oxide Resins Market
5.7.1 Middle East & Africa Polyphenylene Oxide Resins Market, by End-user, 2016-2023 (KT) (US$ Mn)
5.7.2 GCC
5.7.2.1 GCC Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
5.7.3 Rest of Middle East & Africa
5.7.3.1 Rest of Middle East & Africa Polyphenylene Oxide Resins Market, 2016-2023 (KT) (US$ Mn)
Chapter 6 Competitive Intelligence
6.1 Market Players Present in Market Life Cycle
6.2 Top 5 Players Comparison
6.3 Market Positioning of Key Players, 2018
6.4 Market Players Mapping
6.4.1 By End-user
6.4.2 By Region
6.5 Strategies Adopted by Key Market Players
6.6 Recent Developments in the Market
6.6.1 Mergers & Acquisitions, Partnership, New Product Developments
6.7 Operational Efficiency Comparison by Key Players
Chapter 7 Company Profiles
7.1 SABIC
7.1.1 SABIC Overview
7.1.2 Key Stakeholders/Person in SABIC
7.1.3 SABIC Products Portfolio
7.1.4 SABIC Financial Overview
7.1.5 SABIC News/Recent Developments
7.2 Mitsubishi Chemical Corporation
7.2.1 Mitsubishi Chemical Corporation Overview
7.2.2 Key Stakeholders/Person in Mitsubishi Chemical Corporation
7.2.3 Mitsubishi Chemical Corporation Products Portfolio
7.2.4 Mitsubishi Chemical Corporation Financial Overview
7.2.5 Mitsubishi Chemical Corporation News/Recent Developments
7.3 Evonik Industries AG
7.3.1 Evonik Industries AG Overview
7.3.2 Key Stakeholders/Person in Evonik Industries AG
7.3.3 Evonik Industries AG Products Portfolio
7.3.4 Evonik Industries AG Financial Overview
7.3.5 Evonik Industries AG News/Recent Developments
7.4 Asahi Kasei Corporation
7.4.1 Asahi Kasei Corporation Overview
7.4.2 Key Stakeholders/Person in Asahi Kasei Corporation
7.4.3 Asahi Kasei Corporation Products Portfolio
7.4.4 Asahi Kasei Corporation Financial Overview
7.4.5 Asahi Kasei Corporation News/Recent Developments
7.5 Sumitomo Chemical Co., Ltd.
7.5.1 Sumitomo Chemical Co., Ltd. Overview
7.5.2 Key Stakeholders/Person in Sumitomo Chemical Co., Ltd.
7.5.3 Sumitomo Chemical Co., Ltd. Products Portfolio
7.5.4 Sumitomo Chemical Co., Ltd. Financial Overview
7.5.5 Sumitomo Chemical Co., Ltd. News/Recent Developments
7.6 LyondellBasell Industries N.V.
7.6.1 LyondellBasell Industries N.V. Overview
7.6.2 Key Stakeholders/Person in LyondellBasell Industries N.V.
7.6.3 LyondellBasell Industries N.V. Products Portfolio
7.6.4 LyondellBasell Industries N.V. Financial Overview
7.6.5 LyondellBasell Industries N.V. News/Recent Developments
7.7 BASF SE
7.7.1 BASF SE Overview
7.7.2 Key Stakeholders/Person in BASF SE
7.7.3 BASF SE Products Portfolio
7.7.4 BASF SE Financial Overview
7.7.5 BASF SE News/Recent Developments
7.8 Oxford Polymers
7.8.1 Oxford Polymers Overview
7.8.2 Key Stakeholders/Person in Oxford Polymers
7.8.3 Oxford Polymers Products Portfolio
7.8.4 Oxford Polymers Financial Overview
7.8.5 Oxford Polymers News/Recent Developments
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