POLYPHENYLENE ETHER COMPOUNDS MARKET ANALYSIS
Market Dynamics
The global polyphenylene ether compounds market is expected to witness stable growth rate over the forecast period (2019-2027). Growth of the global automotive industry is expected to increase demand for polyphenylene ether compounds over the forecast period. This is owing to increasing demand for lightweight and fuel-efficient automobiles, globally. Moreover, increasing use of polyphenylene ether in electrical fittings and circuitry is expected to increase demand for PPE compounds, thereby driving growth of the global polyphenylene ether compounds market over the forecast period.
Also, application of PPE compounds in ultra-high-vacuum fluids, electronic connector lubricants, optics, and high-temperature and radiation-resistant lubricants are expected to increase demand for polyphenylene ether compounds, thereby driving growth of the market over the forecast period.
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