Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1648 Million | USD 2986 Million | 7.77% | 2022 |
FrequentlyAsked Questions
Polyphenylene ether (PPE) is a polymer and is sometimes also referred to as polyphenylene oxide PPO.
The global polyphenylene ether (PPE) market is expected to grow at a significant rate due to the growing application of thermoplastic in housing units where it is used for manufacturing essential components such as sockets, connectors, circuits, and insulators.
According to study, the global polyphenylene ether market size was worth around USD 1648 million in 2022 and is predicted to grow to around USD 2986 million by 2030.
The CAGR value of the polyphenylene ether market is expected to be around 7.77% during 2023-2030.
The global polyphenylene ether market is expected to witness the highest growth rate in Asia-Pacific due to the presence of an extensive chemicals and manufacturing sector in Asian countries such as India, Thailand, and China to name a few.
The global polyphenylene ether market is led by players like Asahi Kasei Corporation, SABIC, Mitsubishi Engineering-Plastics Corporation, RTP Company, Sumitomo Chemical, LyondellBasell Industries, Polyplastics Co., Ltd., Celanese Corporation, Ensinger GmbH, Saudi Basic Industries Corporation (SABIC), Kingfa Sci. & Tech. Co., Ltd., PolyOne Corporation, 3M Company, Trinseo S.A., and IDEXX Laboratories, Inc.
The report explores crucial aspects of the polyphenylene ether market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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