The global demand for PPS Screws 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, a super engineering plastic that has an excellent thermal resistance and high strength and hardness. It performs excellently in an environment of high heat and chemicals. It has excellent mechanical properties, electrical properties, and dimensional stability. PPS-made screws and parts are widely applied in electrical and electronic, automobiles, and chemical machinery industries.
Market Dynamics
The demand for PPS screws is mainly driven by the increasing demand from industries, such as electrical and electronics, automotive, industrial, and aerospace. Polyphenylene sulfide is replacing metals, alloys, thermosets, and some other thermoplastics in engineering applications is propel the demand. Due to its thermal stability and chemical resistance, it is well-suited for applications in very hostile chemical environments. Hence, the market is expected to drive the demand for PPS during the forecast period. Further, increasing use in various automotive parts such as engine components, switches, transmission components, pistons, and coolant systems will fuel industry growth. Polyphenylene sulfide is 100% recyclable, increases fuel economy, and reduces emission levels. All these factors are likely to the driver the product demand from different end-use industries.
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 screws. The growth and trends of pps screws industry provide a holistic approach to this study.
Market Segmentation
This section of the pps screws 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
- Slotted Screws
- Cross Recessed Screws
- Hexagon Socket Screws
By Application
- Chemical
- Semiconductor
- Material Processing
- Electrical & Electronics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the PPS Screws 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 Screws 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 screws market include Accu (Accu Screws), Essentra Components, Hirosugi-Keiki, Link Upon, Nabeya Bi-tech, Nippon Chemical Screw, Pingood and 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.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.