North America Polyphenylene Sulfide Compounds Market Worth $355.02 Million By 2030
North America Polyphenylene Sulfide Compounds Industry Overview The North America polyphenylene sulfide compounds market size was valued at USD 212.5 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2030. Vehicular weight reduction regulations, in order to reduce fuel efficiency and ultimately reduce carbon emissions, have driven automotive OEMs to adopt polyphenylene sulfide (PPS) compounds over metals, such as aluminum and steel, for fabricating automotive components. Moreover, properties such as exceptional dimensional stability and resistance to mechanical stress and corrosive automotive fluids are boosting the product demand in the automotive industry . Gather more insights about the market drivers, restrains and growth of the North America Polyphenylene Sulfide Compounds Market Polyphenylene sulfide compounds are widely utilized in automotive, electrical and electronics, industrial coatings, oil and gas, and aerospac...