Self-reinforced Polyphenylene Market: Overview
· Self-reinforced polyphenylene (SRP) is a type of thermoplastic. It is also known as poly-para-phenylene (PPP) copolymer.
· SRP is one of the strongest and hardest engineering thermoplastics. It is melt-processable. It has exceptional mechanical properties.
· Self-reinforcing polyphenylene is an ultra-performance engineering polymer, containing a backbone of directly linked phenylene units
· SRP possesses various properties such as high stiffness, good chemical resistance, high wear resistance, low shrinkage, resistance to UV and gamma rays, dimensional stability, and exceptional performance at low temperatures
· Self-reinforced polyphenylene (SRP) polymers are amorphous in nature and they have glass transition temperatures (Tg). These temperatures fall within the range of 150°C–180°C, depending on the particular grade and composition. SRP polymers are transparent in their natural state, due to their amorphous nature.
Key Drivers of Global Self-reinforced Polyphenylene Market
· The global self-reinforced polyphenylene market is anticipated to expand significantly during the forecast period. This growth is attributable to rising demand for high-strength lightweight vehicles in the automotive industry.
· Growing awareness about properties offered by self-reinforced polyphenylene polymers when used in electronics materials, such as high dimensional stability and good conductive characteristics, is likely to be a driving factor for the global self-reinforced polyphenylene market during the forecast period
· Developing economies, such as India and China, are witnessing rise in the demand for automobiles, medical devices, and electronic devices. China is a leading consumer of self-reinforced polyphenylene polymers, due to presence of an established automotive industry in the country.
· Increasing urbanization, rising disposable incomes, and developing infrastructure are key factors propelling the global self-reinforced polyphenylene market
· On the other hand, volatile prices of raw materials, economic slowdown, and stringent government regulations may affect the global self-reinforced polyphenylene market
Automotive Application Segment to Witness Lucrative Opportunities
· Based on application, the global self-reinforced polyphenylene market can be segmented into automotive, aerospace, electronics/circuit boards, medical devices, bolts & fasteners, and coatings & composites
· Automotive is estimated to be the key application segment of the global market for self-reinforced polyphenylene during the forecast period, followed by the electronics/circuit boards segment. Automotive is one of the major segments of the global self-reinforced polyphenylene market, particularly the market in developing economies.
· Increasing investments in infrastructure, automotive, and other industries in developing economies is expected to fuel the market for self-reinforced polyphenylene in these economies during the forecast period
· Self-reinforcing polyphenylene polymers offer superior mechanical performance and they are appropriate to replace materials such as composites, ceramics, and metals
· SRP polymers are employed to produce aerospace materials with inherent flame resistance, light weight, superior ablation properties, and high compressive strength
· In health care devices, SRP polymers are used to provide strength, chemical resistance, autoclavability, and X-ray transparency
· Semiconductor/electronic materials manufactured by using SRP are resistant to chemicals. They have low moisture absorption, high purity, and dimensional stability.
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Asia Pacific to Hold a Significant Share of Global Self-reinforced Polyphenylene Market
· In terms of region, the global self-reinforced polyphenylene market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
· Asia Pacific is anticipated to hold a leading share of the global self-reinforced polyphenylene market during the forecast period. Rising demand from various end-use industries is driving the market in the region.
· Rising demand for self-reinforced polyphenylene polymers in the automotive sector in Asia Pacific is driving the market in the region. SRP polymer is widely used to replace metals in automobiles.
· North America is estimated to account for the second-largest share of the global self-reinforced polyphenylene market in the near future, due to presence of key manufacturers and well-established automotive industry in the region
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Key Players Operating in Global Market
Prominent players operating in the global self-reinforced polyphenylene market are entering into partnerships, collaborations, mergers, and acquisitions to expand their customer base across the world
Key players operating in the global self-reinforced polyphenylene market are:
· Solvay
· Ensinger
· PMC SMART Solutions, LLC
· Mitsubishi Chemical Advanced Materials
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