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Global PPS market valuations $2 billion in 2022

The 2016-02-26

Research and MarketsAnnounced global PPS market report, report, analysis and forecasts the global PPS overall market capacity from 2012 to 2022, the report mentioned PPS and its derivatives, such as fiber material, film, coating, etc.

PPS application markets include automotive, electrical and electronics, industrial and other categories.Report at the same time, according to the consumption of tonnage and different geographical regions (North America, Europe, Asia Pacific and other regions) the market value of the analysis and forecast the PPS markets around the world.

According to the report, PPS global consumption from 2016 to 2022 is expected to speed development of compound annual growth rate of 7.7%, to 2022 will reach 189400 tons, the market value of $2 billion.In 2016, the auto industry will be 41.5% of the market as the biggest PPS consumption industry, is expected in 2016 to 2022, the compound annual growth rate will remain at 6.6%.

At the same time, however, the industry will be in the application of compound annual growth rate of 11.2% become the fastest growing industries, is expected to consume 59400 tons in 2022.From 2016 to 2022, industry application is the main reason for the growth in the asia-pacific region, led by China, filter bag and the growth of coating products.


(prnewswire.com)

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