GVR Report cover Polyphenylene Oxide Market Size, Share & Trends Report

Polyphenylene Oxide Market Size, Share & Trends Analysis Report By Application (Electronic Components, Fluid Handling, Air Separation Membranes, Medical Instruments, Automotive), And Segment Forecasts, 2018 - 2025

  • Published Date: Jun 2018
  • Report ID: 978-1-68038-471-0
  • Number of Pages: 118
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016

Industry Outlook

The global polyphenylene oxide market size was estimated at USD 523.1 million in 2017. Rising demand from industries such as automotive and electronics is expected to be one of the key trends in escalating market growth. A change in the global polymer industry structure, which involves rapid growth in Asia Pacific and steady growth in North America and Europe, is anticipated to influence the market positively.

U.S. polyphenylene oxide market

Polyphenylene oxide (PPO) belongs to the class of engineered polymers. Rising awareness regarding advanced materials, which improve end-product features as well as provide strength, is bolstering the demand for engineered polymers. Suppliers have now started working with original equipment manufacturers and compounders to develop new, innovative technologies and applications.

PPO is traditionally manufactured by oxidative polymerization of 2,6-dimethylphenol or adding parachlorobenzene in hydrogen sulfide solution in the presence of oxygen and by using a catalyst. The average profit margin for PPO manufacturers is 12.0% and is anticipated to stay for the next few years. Profit margins in the polymers industry have been high over the past years owing to a significant decrease in oil prices. Companies are now working towards improving their profits by reducing the cost of raw materials by switching to cheaper feedstocks.

Increasing consumer expenditure on electronic devices such as smartphones, LCDs, tablets, and laptops is likely to fuel the demand for PPO over the forecast period. China is projected to hold a prominent position in the global arena, owing to increasing production facilities and growing demand from end-use application industries. The country has witnessed a rapid increase in the demand for mobile devices in recent times. APAC is poised to be a promising destination for global players throughout the forecast period.

Rising demand for automotive components is expected to play a vital role in fueling demand for PPO. A rise in the number of automotive manufacturing facilities in emerging markets of Asia Pacific, Central & South America, and the Middle East & Africa is anticipated to supplement the growth of the overall market. Polyphenylene oxide finds application in automotive instrument panels, internal trim, headlights, wheel covers, fuse boxes, speaker grilles, mirror cases, and electrical connectors. A shift in production facilities of automotive components to emerging economies of Asia Pacific such as China, India, and Japan, owing to low-cost manufacturing is likely to stoke the product demand.

Application Insights

Surging demand for polyphenylene oxide from the automotive and electronics industries is driving the market. Electronic components are now used for applications such as mobile phones, smartphones, portable media players, home theater, and microwaves. Burgeoning demand for such electronic devices, especially in emerging economies, is anticipated to work in favor of the PPO market. The growth of the electronic components market is spurred by newer technological developments such as digitization of consumer entertainment and communication. Rising innovation and R&D are paving way for advanced technology electronic devices, which in turn is likely to increase PPO demand worldwide.

Global polyphenylene oxide market

Air separation membranes are projected to exhibit moderate growth over the forecast period. Air separation membranes are used for generating nitrogen. This technology is gaining acceptance gradually owing to high yields and growing demand for nitrogen from the fertilizer industry. PPO usage makes air separation performance suitable for low-temperature applications and is touted as a potential replacement for polysulfide membranes.

The fluid handling application segment is poised to post a noteworthy CAGR during the forecast period. PPO finds application in the fluid handling sector owing to properties such as low moisture absorption, excellent strength, and stiffness. Increasing customization of fluid handling pumps to meet specific customer demands is estimated to stir up the demand for polyphenylene oxide.

Regional Insights

Various government initiatives to develop the manufacturing sector by providing subsidies, tax cuts, increase in FDI limit are attracting major global players to expand their operations in Asia Pacific. In 2016, China emerged as the largest automotive market across the globe. India is the largest two-wheeler market in the world. In electronics, China and India are the two biggest markets for smartphones. The presence of a well-developed automotive market along with growing infrastructure investment is creating a positive growth arena for the regional market.

The Central & South America region is estimated to progress at a significant CAGR during the forecast period owing to ongoing development in the electronics and automotive industry. The electronics industry in CSA is attracting global investors owing to its rapid development, vertical markets, and economic growth. Positive economic trends in the region have considerably increased the purchasing power of customers, which has impacted the growth of the regional market positively.

The North America market is driven by technologically advanced manufacturing bases, high consumer awareness, and a versatile end-user landscape. The U.S. is at the forefront of the regional market and is primarily driven by the increasing consumption of polypheylene oxide in automotive and industrial machinery applications.

Polyphenylene Oxide Market Share Insights

The market is moderately competitive in nature. The industry is expected to exhibit moderate threat from new industry participants and the low potential threat from its counter products. Major industry participants include SABIC, BASF, Sumitomo Chemicals, Mitsubishi Chemical Holdings Corp., LyndollBasell Industries N.V., Solvay S.A., Asahi Kasei Chemicals Corp., Polyplastics Co. Ltd., and Momentive Performance Material (MPM) Holding LLC.

The market has witnessed rapid growth over the past few years due to the increasing application of polyphenylene oxide in the automotive and electronics industries. Manufacturers are currently ramping up capacity to meet future market demand. The introduction of electric cars is going to play a crucial role in influencing the competitive environment. In August 2017, Toray Industries Inc. announced that it would be constructing a new polyphenylene sulfide (PPS) production facility at the Hungarian site of its subsidiary Zoltek Companies Inc.

Report Scope



Base year for estimation


Actual estimates/Historical data

2014 - 2016

Forecast period

2018 - 2025

Market representation

Volume in kilotons, Revenue in USD Million, & CAGR from 2018 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Report coverage      

Revenue forecast, company share, competitive landscape, growth factors and trends

Country Scope

The U.S., Canada, Mexico, The U.K., Germany, France China, India, Japan, Korea, Taiwan, Brazil, Saudi Arabia

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

Segments Covered in the Report

This report forecasts revenue growth at a regional & country level and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global polyphenylene oxide market report on the basis of application, and region:

  • Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • Air Separation Membranes

    • Medical Instruments

    • Domestic Appliances

    • Automotive (Structural Parts)

    • Electronic Components

    • Fluid Handling

  • Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S

      • Canada

      • Mexico

    • Europe

      • U.K.

      • Germany

      • France

    • Asia Pacific

      • China

      • India

      • Japan

      • Korea

      • Taiwan

    • Central & South America

      • Brazil

    • Middle East & Africa

      • Saudi Arabia

gvr icn


gvr icn

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

gvr icn


We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

Contact us now to get our best pricing.

BBB icon D&B icon

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure.