Global Polyphenylene Oxide Market 2017-2021

Overview of the global polyphenylene oxide market

Research analysis on the global polyphenylene oxide market identifies that the growth in automotive production will be one of the major factors that will have a positive impact on the market's growth. Technavio's market research analysts predict that this market will generate a revenue of more than USD 1.9 billion by 2021. Polyphenylene oxide is widely used in the manufacture of automotive structural parts. Advantages such as increased heat resistance, good dimensional stability, and accuracy attribute to the high preference of polyphenylene oxide in automobile parts. Additionally, polyphenylene oxide is also increasingly used in the fascia in automobiles. With the rising disposable income of the middle-class population, the demand for automobiles will considerably increase in the coming years, which in turn, will drive the need for polyphenylene oxide.

The growth of the fluid handling system market is one of the key trends that will contribute to the market growth in the coming years. Polyphenylene oxide plastics are widely used in the different parts of fluid handling systems such as flow meters, pump skids, pumps, valves, meter systems, fire pump systems, and fire pumps. With constant R&D activities focused on cost effectiveness and improvement in productivity, the fluid handling systems market will witness considerable growth in the coming years, subsequently fueling the consumption of polyphenylene oxide.

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• Identify latent opportunities and explorative solutions in the polyphenylene oxide market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Competitive landscape and key vendors  

The polyphenylene oxide market consists of both global and local vendors. The major factors driving the competitive advantage for the vendors are product performance quality, distribution networks, and product cost. Since polyphenylene oxide plastics are widely used in electronics and domestic appliances, the growth of these end-user industries offers significant growth opportunities for the players in this marketspace.

The leading vendors in the market are ?

• Asahi Kasei
• China National Bluestar
• Evonik
• MITSUBISHI GAS CHEMICAL
• SABIC

The other prominent vendors in the market are Aetna Plastics, Aline Components, ROMIRA, and Sigma-Aldrich.

Segmentation by application and analysis of the polyphenylene oxide market

• Electric components
• Automotive structural parts
• Domestic appliances
• Medical instruments

During 2016, the electric components segment accounted for the major shares of the polyphenylene oxide market. The usage of polyphenylene oxide in many electronic components such as bobbins, deflection yoke, and television output transformer will contribute to the growth of this industry segment. India, China, Japan, and Russia are the countries that significantly contribute to the overall growth of the electronic components market.

Geographical segmentation and analysis of the polyphenylene oxide market

• APAC
• Europe
• North America
• ROW

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the polyphenylene oxide market throughout the forecast period. The increase in population, the rise in per capita income of the middle-class population, and the growing demand for consumer electronics and domestic appliances in countries such as China, India, Taiwan, and South Korea, will drive the growth of the market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global polyphenylene oxide market?
• What are the key market trends impacting the growth of the global polyphenylene oxide market?
• What are the challenges to market growth?
• Who are the key vendors in the global polyphenylene oxide market?
• What are the market opportunities and threats faced by the vendors in the global polyphenylene oxide market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global polyphenylene oxide market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming research report on the global polyphenylene oxide market insights into the significant trends and drivers stimulating the growth of the chemicals and materials industry. Our reports for the chemicals and materials industry also follow a scrupulous data collection methodology and presents an analysis of the dynamically changing market sector like specialty chemicals.

Also, to gain higher accuracy, our market research experts follow an extensive data collection approach and use sophisticated analytical tools. The primary advantage gained from the adoption of this approach is better statistical models and vendor analysis. By considering, the surging demand for multiple segments of the specialty chemicals sector, the market experts at Technavio present an all-inclusive picture of the polyphenylene oxide market from 2017 to 2021.   

This forthcoming market research report on the polyphenylene oxide market also covers vendors like SABIC, BASF, and Solvay. Furthermore, to present clients with the scope to identify potential market opportunities and expand in niche markets, this report on the polyphenylene oxide market also covers geographies like the Americas, APAC, and EMEA.   

The upcoming industry research report for the polyphenylene oxide market also categorizes the drivers, major trends, along with the restraints that the specialty chemicals sector currently experiences. This upcoming report on the polyphenylene oxide market presents insights into the rapidly changing vendor landscape to give clients a complete outlook of the forthcoming events within the chemicals and materials industry. Technavio also offers in-depth market assessments into the sectors such as paints, coatings, and pigments and olefins.  

Technavio also offers clients the opportunity to customize every report to suit their specific requirements and offers attractive discounts on all forthcoming reports and future purchases.