Polyphenylene Ether Market Analysis

Application (Air Separation Membranes, Medical Instruments, Automotive Parts, Electronic Components, Fluid Handling)

The global PPE market is segmented and analyzed for demand and supply by application into air separation membranes, medical instruments, automotive parts, electronic components, fluid handling, and others. Out of all applications, the automotive parts segment is anticipated to hold the largest market size during the forecast period. The growth of the segment can be attributed to the rising demand for automobiles and electric or hybrid vehicles, followed by the alarming increase in carbon emissions from the vehicles. According to the World Economic Forum, by 2040, around 2 billion cars are likely to be added to the world. Moreover, around 16% of man-made CO2 emissions worldwide are related to the transportation sector and the emission is majorly attributed to cars and trucks. The increasing automobile purchases with the growing disposable income of people across the world is likely to propel the market segment growth.

Type {PPO Resin, Modified Polyphenylene Oxide (MPPO)}

The global polyphenylene ether (PPE) market is also segmented and analyzed for demand and supply by type into PPO resin, and modified polyphenylene oxide (MPPO). Amongst the two segments, the modified polyphenylene oxide (MPPO) segment is expected to garner significant market revenue by growing at a CAGR of 7% over the forecast period. Modified polyphenylene oxide (MPPO) is a material made up of a combination of PPO and polystyrene. These materials have a variety of mechanical and physical properties, such as heat & chemical resistance, low moisture absorption levels, and good electrical properties. Therefore, the segment growth of attributed to the rising demand for electrical devices and household appliances. Further, according to the reports, worldwide more than USD 500 billion was spent on electronics by consumers in 2022. In the U.S. alone, more than 510 million units of small household appliances were sold in 2020 as per the estimations. Our in-depth analysis of the global polyphenylene ether (PPE) market includes the following segments:

Our in-depth analysis of the global market includes the following segments: