The Global polyphenylene oxide (PPO) market is expected to reach USD 1.98 billion by 2022, according to a new study by Grand View Research, Inc. Growth of global electronics industry is expected to remain a key driving factor for PPO market growth over the next seven years. PPO alloyed with nylon or high impact polystyrene (HIPS) to produce economical blends commercially known as modified polyphenylene oxide or modified-polyphenylene ether (m-PPO/m-PPE). Increasing demand from automotive industry for structural appliances coupled with growth in domestic appliances industry is also expected to positively impact the global market. Volatile raw material prices are expected to pose challenges for industry participants over the forecast period.
http://www.grandviewresearch.com/industry-analysis/polyphenylene-oxide-ppo-market
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