According to the research report titled ‘Polyphenylene Ether (PPE) Alloy Market Size By Product (PPE/PS, PPE/PA, PPE/PP), By Application (Automotive, Electrical & Electronics, Construction, Industrial), Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global polyphenylene ether (PPE) alloy market is reckoned to witness substantial growth during 2021-2027.
 

The rapid expansion of global polyphenylene ether alloy industry can be credited to its beneficial attributes such as low dimensional stability and mold shrinkage, exceptional impact strength, and its widespread adoption in construction and automotive sectors.

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PPE alloys have started slowly replacing traditional materials such as metals across various applications. Plastic raw material is known to offer several functions while also ensuring a less complicated assembly process.

Apart from this, PPE alloys offer excellent corrosion resistance and are lightweight, and hence are extensively used in the automotive sector. Thus, increasing automotive production is fueling the overall market size. Despite the several growth stimulants, price volatility could as a major bottleneck towards the market expansion.

Based on product landscape, the others segment, which involve polyphenylene sulfide and other polymeric materials, is expected to register considerable growth during the study period. The product is known to possess exceptional durability and chemical resistance as well as high heat resistance, conductivity, and flame retardance.

Regionally, Latin America polyphenylene ether alloy industry is predicted to expand substantially during the analysis timeframe. Growing population, increasing infrastructural development, and growing vehicle demand, especially in Mexico and Brazil, are complementing the business dynamics in Latin America.

Middle East & Africa, on the other hand, is also calculated to emerge as a key revenue generator by the end of the forecast period, owing to growing demand for energy efficient products, rapid expansion of the construction sector, and increasing construction activities.

The prominent companies operating in global polyphenylene ether alloy industry are Ashley Polymers Inc., Romira GmbH, Nylene, Samyang Corporation, Korea Kumho Petrochemical Co. Ltd., Lubrizol Advanced Materials Inc., Asahi Kasei Corp., Mitsubishi Engineering-Plastics Corp., LG Chem Ltd., SABIC, LyondellBasell Industries N.V.