New players to venture into the market space during the forecast period.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global polyphenylene sulfide market in their latest research report. This report also lists four other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global PPS market is highly fragmented in nature and is characterized by the presence of several vendors in the market space. The market is dominated by vendors who have a prominent geographical presence along with huge production facilities in various regions. The competition between prominent vendors in the global market for PPS is high. New players are likely to venture into the PPS market during the forecast period owing to low barriers to entry such as investment costs.
According to Ajay Adikari, a lead analyst at Technavio for research on plastics, polymers, and elastomers, “The competition among the vendor is likely to intensify further owing to advances in technology and a shift in market dynamics. The market is in its developing stage, so there is abundant opportunity for new entrants to participate in the market.”
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Top five vendors in the PPS market space
Celanese
Celanese operates through four major segments, namely acetyl intermediates, advanced engineered materials, industrial specialties and industrial specialties. The company also specializes in manufacturing ethylene vinyl acetate polymers, intermediate chemistry, cellulose derivatives, emulsion polymers, food ingredients, and engineered materials. The company provides high-quality products to various parts of the world including Germany, the US, China, Singapore, Belgium, Mexico, and Canada.
Key products: Glass-filled Grade, Mineral-glass Grade, Low-wear Grade, Blow-molding Grade, and Medical Technology.
DIC
DIC’s product portfolio comprises of materials and finished products. The company operates through five business segments, namely, printing inks, polymers, application materials, and fine chemicals. The company specializes in health foods, printing inks, organic pigments, hollow-fiber membranes and modules, plastic colorants, jet inks, fluorochemicals, magnetic tapes and coated sheets, and industrial adhesive tapes.
Key products: Glass Fiber Reinforced/Unreinforced, Glass Fiber/Mineral Filled, Super Tough Pps, Modified/Alloy Pps, Low-halogen Grades, And Wear Resistant, Conductive, and Other Special Grades.
INITZ
INITZ focuses on manufacturing chlorine-free PPS. It offers high-quality engineering plastics using the sources and support technology from SK Chemical and organic cooperation from Teijin. The company offers PPS to the automotive industry for use in various automotive parts including engine components (heat resistance, epoxy adhesion), electrical systems, fuel systems, lighting systems and in electric vehicles and hybrid electric vehicles.
Key products: E1040G, E1040S, E5060G, E2130T, and E2150T.
Solvay
Solvay operates through five major business segments, namely advanced materials, performance chemicals, advanced formulations, functional polymers, and corporate and business services. The company caters to the consumer goods and healthcare, automotive and aerospace, electricity and electronics, energy and environment, building and construction, and industrial sectors. It has more than 145 sites globally including 21 research centers.
Key products: Ryton PPS.
Toray Industries
Toray Industries operates through six major segments, namely fibers and textiles, plastics and chemicals, IT-related products, carbon fiber composite materials, environment and engineering, and life Sciences and other businesses. The company offers pharmaceutical and medical products, carbon fiber composite materials, IT-related products, and environment-related and engineering products.
Key products: TORCON PPS fiber.
Ask an analyst to know more about this report
A more detailed analysis is available in the Technavio report, Global PPS Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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