Polyphenylene Ether (PPE) Alloy Market Analysis

Polyphenylene Ether Alloy Market Analysis

PPE/PA demand is expected to reach USD 507.6 million by 2027 at a CAGR of 5.6%. This healthy growth can be attributed to the increasing product demand from the electrical & electronics industry. PPE/PA is highly used in the electrical & electronics industry owing to its properties such as excellent heat resistance, low-water absorption against PA, high impact strength, and high oil/chemical resistance. Smart electronic devices, such as laptops, smartwatches, etc., are driving the need for quality materials, which will facilitate high-end service and technology.
 

Thermoplastics are applied to reduce the risk of fire after extensive use. For light fittings, insulation of switches and handles is preferred, especially in housing and personal care products such as hair dryers, food mixtures, and electric razors. A modern household needs lightweight, portable, and high-performance products, which can be easily lifted. For instance, polyphenylene ether alloys are used in wire cables and appliances.

The polyphenylene ether alloy market revenue from construction sector is expected to reach USD 147.1 million by 2027 owing to economic development across the globe. Lightweight, flexible, hardness and recycling properties create a wide scope for polyphenylene ether alloy materials in the construction industry. Polyphenylene ether blends with polyamide or polypropylene creating various thermoplastic materials, which are divided into two basic types, i.e., glass mat thermoplastics and advanced thermoplastics composites.
 

Glass mat reinforced thermoplastic sheets are used in fire-resistive shields, laminators, and in many large structural components. Advanced thermoplastic composites can be applied in construction panels, concrete rebars, lightweight structural & insulating panels, storage tanks, and window panels. Due to their fire-resistive capacity, thermoplastics can be as floor mats along with fire-retardant chairs and benches for external use.

Asia Pacific is the fastest-growing market and accounted for over 45% share in 2020. Growth of this region is attributed to the significant demand for polyphenylene ether alloys from the automotive industry in countries such as India and China. Polyphenylene ether alloys have a huge scope in the automotive industry. They can be used in electrical components, such as junction boxes and connectors in engine compartments, due to their fire resistivity, low water absorption, and elastomeric characteristics. China has registered the highest sales of electric vehicles in 2020, significantly contributing to the market share.
 

Injection-molded plastics are economical than metal components, fueling investments for the development of electric and hybrid vehicles. Furthermore, countries including Japan, Malaysia, Singapore, Taiwan, and South Korea are projected to grow in the polyphenylene ether alloy market owing to the vast labor force, potential consumers, and technological advancements, thus considerable investments are expected in electric vehicle production over the projected period.