Polyphenylene Ether Alloy (PPE) Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025
Report ID: GMI3560
Polyphenylene Ether Alloy (PPE) Market is positively influenced by rising demand for structurally strong, heat & chemical resistant materials across automotive, electrical, and electronics industry. It is a class of polymers which contain phenolic monomers attached via an ether linkage. It is obtained by oxidative polycondensation of 2,6-dimethylphenol in the presence of a copper-amine-complex catalyst. Oxidative degradation reactions are observed and were difficult to evade during the melt processing stage. Hence, polyphenylene ether is combined with different polymers, resulting in polyphenylene ether alloy.
A variety of homopolymers and copolymers are obtained by changing the monomer types used in the polymerization process. Polyphenylene ether is widely combined with polystyrene (PS) and its other variant High Strength Polystyrene (HIPS). Other polymers combined with polyphenylene ether are polyamide, nylon, and polypropylene. The resulting product segments are polyphenylene ether alloys; PPE/PS, PPE/Polyamide, PPE/Polypropylene, and others. The other product segment includes PPE/HIPS and PPE/Nylon. PPE/PS is projected to grow sharply over the forecast period, owing to its wide preference for automotive component manufacturing. They exhibit properties such as high heat resistance, low moisture absorption, dimensional stability, excellent hydrolysis resistance, and high mechanical strength. They also displays flame retardant properties.
Application segments of polyphenylene ether alloy market include automotive, electrical & electronics, industrial, medical, construction, water management, etc. The application spectrum of PPE includes complex interior & exterior components such as a speaker, spoilers, radio components, instrument panel retainers, HVAC housing assembly, and interior enclosures are made from polyphenylene ether alloy. The insulating properties of polyphenylene ether alloys are extensively utilized for manufacturing a variety of electrical and electronic components. It includes, connectors, LCD & LED displays, air conditioner parts, smoke detector covers, computer body parts & casings; pool & spa pump; solar/photovoltaic parts & housings; wall plate/switch & junction and electrical conduits.
Polyphenylene ether alloys are also preferred owing to its high dielectric strength and excellent heat resistance. Polyphenylene ether alloy are easily extruded into various shapes. This property is utilized to make replace steel and brass components in construction, packaging, and number of other industrial and mechanical structural applications. Hence, strong growth in automotive and electrical & electronics industry will subsequently drive growth over the forecast timeframe.
Automotive market is changing with the advent of self-driving and electric vehicles (EV). Currently, EV and solar panels demand is highest in Europe with the number of sales increasing annually. According to the European Environmental Agency, sales of electric vehicles in Europe increased by 51% in 2017, as compares to 2016 sales. The sales in 2017 were the highest increase since 2008. On the other hand, fuel-based automotive makers are stressing on making more energy efficient cars and reduce fuel wastage. Polyphenylene ether alloy such as PPE/PS and PPE/PA have a wider scope as material for both electrical and structural components of these industries.
North America, Asia-Pacific, Europe, and Latin America will be the demand driving regions for polyphenylene ether alloys market. Asia Pacific will be the prime demand driving market for polyphenylene ether alloy. The growing automobile, solar, water management sectors and rising electrification in emerging economies such as India, Vietnam, Cambodia etc. will be the prime factors for growing polyphenylene ether alloy demand. Large volume of polyphenylene ether alloys have demand in developing countries of Latin America and Asia Pacific. Electrical and electronic products manufacturing is also growing more complex in China. Additionally, India with its policy programs such as ‘Make In India’ is also following similar trends. Latin American countries such as Argentina, Brazil, Peru, and Colombia are creating their space as premium automotive original equipment manufacturers (OEMs). As a result of these developments, the polyphenylene ether alloys market is likely to foresee healthy growth in coming projected time.
The companies operating in polyphenylene ether alloy (PPE) business are LyondellBasell, SABIC, LG Chem, Nylene, Mitsubishi Engineering-Plastics Corp, Nytef Plastics, Ltd., PolyOne Corporation, ROMIRA GmbH, Shuman Plastics, Inc., Ashley Polymers, Asahi Kasei Plastics, Polygram Plastic Industries LTD, Lubrizol Advanced Materials, Inc., Korea Kumho Petrochemical Co., Ltd and Samyang Corporation.
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