Polyphenylene oxide (PPO) resin is a type of thermoplastic, linear, noncrystalline polyether resin commercially formulated by the oxidative polymerization of 2, 6-dimethylphenol in the presence of a copper-amine catalyst. PPO has become one of the most essential engineering plastics extensively used for a wide range of applications owing to its unique combination of mechanical properties such as low moisture absorption, excellent electrical insulation property, dimension stability and inherent flame resistance.
In terms of volume, global Polyphenylene Oxide Resin market in 2017 stood at 150.58 kilo tons and is expected to reach XX kilo tons by 2025 growing at a CAGR of XX% from 2017 to 2025. In terms of revenue, Global Polyphenylene Oxide Resin Market is accounted for XX USD million in 2017 and is expected to reach XX USD million by 2025 growing at a CAGR of 6.41% during the forecast period. Increased demand from industrial sector such as electronic & electrical along with automotive industry is a prime factor driving the market growth. Owing to its superior properties such as low moisture absorption rate, heightened resistance to flames, high mechanical property, and superior dimension stability is further expected to fuel the market growth.
Based on type, the Polyphenylene Oxide Resin market has been segmented into PPO Resin and mPPO Resin. Furthermore, by application, the Polyphenylene Oxide Resin market has been bifurcated into Electronic and Electrical, Automotive Industry, Machinery Industry, Chemical Industry, Other. The xx segment type is expected to value for a major market share with 85.28% in 2017. However, xx application segment is anticipated to exhibit the largest market share with 31.93% in 2017.
Geographically, global Polyphenylene Oxide Resin market has been segregated into regions including North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among all, North America leads the global Polyphenylene Oxide Resin market with XX% market share in 2017.
The report further offers detailed competitive analysis of the top key players that are trending in the market. The list of the players that are featured in the report are SABIC, Romira, Evonik, Asahi Kasei Chemicals, Mitsubishi Chemicals, and Others
The Global Polyphenylene Oxide Resin Market Segmentation:
Global Polyphenylene Oxide Resin Market: Type Analysis
• PPO Resin
• mPPO Resin
Global Polyphenylene Oxide Resin Market: Application Analysis
• Electronic and Electrical
• Automotive Industry
• Machinery Industry
• Chemical Industry
Global Polyphenylene Oxide Resin Market: Regional Analysis
• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil and Rest of L.A.)
• Middle East And Africa (Turkey, GCC, Rest of Middle East)