The global demand for PPS Bolts Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
PPS bolts are threaded fasteners made of polyphenylene sulfide, a crystalline super engineering plastic. PPS is a high-performance thermoplastic that can be molded, extruded, or machined to tight tolerances. A PPS bolt has high-temperature resistance, chemical resistance, mechanical characteristics, flowability, dimensional stability, and electrical characteristics. The inherent flame retardancy makes PPS ideal for high-temperature electrical applications. PPS bolts are also widely used in electronic parts, automobile parts, chemical machinery parts, etc. It does not contain any of the six substances restricted by RoHS. (Lead, cadmium, mercury, hexavalent chrome, PBB, PBDE). They are available in different head shapes and can be tightened with a wrench or spanner.
Market Dynamics
The Increasing customer demand for high-performance and cost-effective plastic bolts is the primary impetus for market growth. Plastic bolts preferred for several products involved in critical applications and harsh environments in the aerospace and automotive industries will benefit market growth. The outstanding resistance to a broad spectrum of aggressive chemicals makes these bolts the most sought after in the chemical industry. The high versatility, UV resistance, and affordability make them the most sought after in the lucrative marine and space applications. Since plastic fasteners are designed to resist corrosion, chemicals, abrasion, and vibration, their sales will continue to grow steadily in the electrical and electronics sectors. The lack of strength and inability to blend in well with the surrounding are a few drawbacks to the market's growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pps bolts. The growth and trends of pps bolts industry provide a holistic approach to this study.
Market Segmentation
This section of the pps bolts market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Hexagon Head Bolts
- Special Bolts
- Others
By Applications
- Chemical
- Semiconductor
- Material Processing
- Electrical and Electronics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the PPS Bolts market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global PPS Bolts Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pps bolts market include Hirosugi-Keiki, Nabeya Bi-tech, Nippon Chemical Screw, Tohatsu. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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