North America to Stay Dominant in Future The global polyphenylene ether alloy market has been studied based upon product type end users and geography in this report The product type segments of the market considered in this report are PPE PS PPE PA PPE PP and others Amongst all the segment of PPE PA currently leads the market and is expected to display notable growth in the upcoming years due to the rising demand for recycled plastic in electrical and electronics and due to the demand for light weight components in automobiles View Report Preview https wwwtransparencymarketresearchcom polyphenylene-ether-alloy-markethtml North America held the leading share in the global polyphenylene ether alloy market in 2015 followed by Europe volume-wise The trend is expected to continue over the forecast period owing to the increasing demand for sustainable products The rapid growth in automotive sector combined with rising demand for recycled plastic in consumer electronics and other industrial applications is fuelling the growth of North America PPE alloy market Favorable Physical Properties Stoke Demand for Polyphenylene Ether Alloy across Industries The global polyphenylene ether alloy market is driven by several factors of which rising demand for reducing the weight of automotive components for fuel efficiency is a prominent one Stringent regulations to curb CO2 emissions has compelled manufacturers to opt for revolutionary materials which is working in favor of the market Request to view Sample Report https wwwtransparencymarketresearchcom sample samplephp flag S rep_id 28160 Another significant factor driving the market is stringent regulations in place across several industries for controlling corrosion of equipment This makes polyphenylene ether alloy suitable for several applications especially fluid transporting equipment as it possesses high hydrolytic stability due to its low absorption rate properties Furthermore polyphenylene ether alloys are eco-friendly recyclable and display high dimensional stability by virtue of which they are expected to witness demand from electrical and electronics and medical industry The demand for high performance cables in electrical and electronics is significantly boosting the polyphenylene ether alloy market This is because polyphenylene ether alloy displays excellent dimensional stability and low creep behavior at elevated temperatures which make them suitable for circuits wires cables and plugs On the flip side high production cost and fluctuating raw material cost for PPE alloy are negatively impacting the market Availability of other thermoplastics such as polycarbonate and polybutylene terephthalate that are low in cost and are at par with PPE alloy in functionality is proving detrimental to the markets growth Leading players in the global polyphenylene ether market as per a recent publication by Transparency Market Research include Asahi Kasei Chemicals Corporation Mitsubishi Engineering Plastics Corporation Saudi Basic Industries Corporation and Sumitomo Chemical Company Global Polyphenylene Ether Alloy PPE Market Report is available US 5795 https wwwtransparencymarketresearchcom A notable trend observed in the global polyphenylene ether PPE alloy market is joint ventures between market participants and pursuits for PPE capacity expansion This is not only strengthening the technical expertise and production capacity of partnering companies but also bolstering their operational capabilities A case in point is Asahi Kasei Chemicals Corporation In January 2017 the company entered into a joint venture with China National Bluestar Group Co Ltd As per the agreement Asahi Kasei Chemicals Corporation will commence the production and sale of its mPPE brand Xyron in China including the intermediate material ie 2 6-xylenol and polyphenylene ether PPE About Transparency Market Research Transparency Market Research TMR is a US-based provider of syndicated research customized research and consulting services TMRs global and regional market intelligence coverage includes industries such as pharmaceutical chemicals and materials technology and media food and beverages and consumer goods among others Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts competitive landscape detailed segmentation key trends and strategic recommendations Contact us Transparency Market Research 90 State Street Suite 700 Albany NY - 12207 United States Tel 1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email sales transparencymarketresearchcom Website http wwwtransparencymarketresearchcom