Chemicals and Advanced Materials

Polyphenylene Ether (PPE) Market Segmentation by Type {PPO Resin, Modified Polyphenylene Oxide (MPPO), and Others}; and by Application (Air Separation Membranes, Medical Instruments, Automotive Parts, Electronic Components, Fluid Handling, and Others) – Global Demand Analysis & Opportunity Outlook 2031

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Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022. Purchasing power in the country is expected to fell nearly by 2.5%.
On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.

In The News

  • April, 2022: Asahi Kasei Chemicals Corporation to acquire Bionova Scientific, LLC, to add a biopharmaceutical CDMO in the business process.

  • August, 2021: Arkema announced the acquisition of Ashland Performance Adhesives, a leader in high performance adhesives for industrial applications, to boost its portfolio in the United States adhesive and sealant market.

Global Polyphenylene Ether (PPE) Market Highlights over 2022 – 2031

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Key Questions Answered in the Report

1) What are the major factors driving the growth of the polyphenylene ether (PPE) market?

Ans: Increasing demand for PPE in the automobile, and healthcare industries to boost the market growth.

2) What would be the CAGR of polyphenylene ether (PPE) market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2022 – 2031.

3) What are the challenges affecting the polyphenylene ether (PPE) market growth?

Ans: High adoption of biodegradable material, and high investment required are estimated to hamper the market growth.

4) Which region will provide more business opportunities for growth of polyphenylene ether (PPE) market in future?

Ans: The North America region is anticipated to provide more business opportunities over the forecast period owing to the presence of automotive and healthcare industry in the region.

5) Who are the major players dominating the polyphenylene ether (PPE) market?

Ans: The major players in the market are Kingfa Science & Technology Limited, Blue Star Ltd., Sumitomo Chemical Co., Ltd., Evonik Industries AG, ROMIRA GmbH, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the polyphenylene ether (PPE) market?

Ans: The market is segmented by type, application, and by region.

8) Which segment captures the largest market size in type segment in the polyphenylene ether (PPE) market?

Ans: The MPPO segment is anticipated to hold largest market size in value over the forecast period and display significant growth opportunities.

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