Polyphenylene sulfide market to Showcase Vigorous Demand During the Period 2020-2026
radoffMay 23, 2021
The report on the Polyphenylene sulfideMarket published by Stratview Research focuses on current trends, dynamics, insights and also predicts the market condition and its future during the forecast period of 2020 – 2027. The report provides in-depth insights into the market dynamics to enable informed business decision-making and growth strategy making based on the opportunities present in the market. The report is segmented by Application and Region and also covers the COVID-19 impact on the market.
Polyphenylene sulfide market is likely to witness an impressive CAGR of 8.5% during the forecast period. The leading factor contributing to the demand for polyphenylene sulfide is mainly its increasing usage in automotive components and electrical & electronics industry, driven by its exceptional properties, such as chemical resistance, corrosion resistance, and easy moldability.