Auto market helping PPS achieve 8 percent annual growth

By Frank Esposito
Senior Staff Reporter

Published: April 1, 2013 1:15 pm ET
Updated: April 2, 2013 10:45 am ET

Image By: Chevron Phillips Chemical Co. LP Kyle Mathis of Chevron Phillips Chemical Co. LP

Related to this story

Topics Materials, Automotive, Materials Suppliers
Companies & Associations Chevron Phillips Chemical Co. LP

HOUSTON — The global market for specialty resin polyphenylene sulfide (PPS) is expected to average growth of just over 8 percent through 2016.

That growth rate — projected by Houston-based consulting firm IHS Chemical — "is well above typical commodity GDP growth rates" because of global drivers and material requirements, according to Kyle Mathis, general manager of engineering polymers for plastics and chemicals maker Chevron Phillips Chemical Co. LP.

Chevron Phillips — based in The Woodlands, Texas — makes Ryton PPS and Xtel PPS alloys and ranks as the global leader in the PPS market. The firm produces PPS at a plant in Borger, Texas, and compounds the material at plants in Laporte, Texas, and in Belgium.

Mathis spoke at the IHS World Petrochemical Conference, March 20-21 in Houston. He said PPS as a material has benefited from its heat resistance, dimensional stability and weldability. Those properties have allowed PPS to find a home in numerous markets including automotive, electrical/electronic and water management and filtration.

In automotive, Mathis said PPS can meet standards for weight reduction and coolant resistance, and has a cost advantage vs. metal for water pumps, thermostat housings and other applications.

PPS "is one of the highest performing resins," Mathis said. "A lot of our compounds are developed for specialty applications." The global PPS market is expected to total more than 260 million pounds by 2016, according to IHS Chemical.

In the materials marlet, PPS competes with such materials as specialty nylon, sulfones, liquid crystal polymers and polyetheretherketone (PEEK), but Mathis said it's "harder to find competitive material in specialized applications" because of the need for more extensive testing.


Comments

Auto market helping PPS achieve 8 percent annual growth

By Frank Esposito
Senior Staff Reporter

Published: April 1, 2013 1:15 pm ET
Updated: April 2, 2013 10:45 am ET

Post Your Comments


Back to story


More stories

Image

Cascade Engineering founder Keller to step down as CEO

September 16, 2014 8:33 pm ET

Cascade Engineering Inc. is undergoing a transition as President Mark Miller will also add the role of CEO, replacing founder Fred Keller, who has...    More

Image

DuPont investing $100 million for more ethylene copolymer capacity

September 16, 2014 1:51 pm ET

Increased packaging demand is leading materials giant DuPont Co. to spend more than $100 million to increase capacity for ethylene copolymers at its...    More

Image

Canadian, Mexican injection molders form auto supply joint venture

September 16, 2014 2:26 pm ET

A new automotive parts manufacturer will open in Querétaro, Mexico, through a joint venture between Canadian automotive supplier Papp Plastics and...    More

Image

Latvian plastics recycler Nordic Plast boosts capacity

September 16, 2014 10:15 am ET

Latvian plastics waste recycler Nordic Plast Ltd. has invested more than 2.5 million euros ($3.2 million) to expand capacity and modernize production ...    More

Image

Increased capacity in the US helps Zeon Chemical supply seals globally

September 16, 2014 9:46 am ET

The automotive industry continues to be one of the driving forces of Zeon Chemicals LP., which specializes in heat-resistant and oil-resistant elastom...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events