The global polyarylsulfone market size is expected to reach
USD 2.36 billion by 2022, according to a new report by Grand View Research,
Inc., progressing at a CAGR of 7.9% during the forecast period. The growth is
primarily attributed to strong demand for PPSU from the dental & medical
sector.
Excellent properties such as
high thermal and chemical resistance are encouraging widening of product
application scope in various industries. Polyarylsulfone is projected to
replace polycarbonate and polyamide owing to its properties that are highly desirable
from some industries such as electrical/electronics, aerospace, and automotive.
Surging high temperature
thermoplastics demand in developing countries including India, China and Taiwan
will positively affect global polyarylsulfone market growth over the forecast
period. Huge buyers from diversified industries such as automotive, aerospace,
medical, food & beverages, healthcare, electric/electronics and
construction will lower bargaining power of suppliers.
In terms of prices, PPSU are
the most expensive polyarylsulfones in the global market, followed by PEI &
PESU. PSU is considered as the cheapest polyarylsulfone globally and on account
of its inexpensive nature among all polyarylsulfone, the product is finding
applications in medical and aerospace industries. PPSU emerged as the fastest
growing product over the forecast period owing to the suitability in various
applications.
Full Research Report On Polyarylsulfone Market Analysis:
https://www.grandviewresearch.com/industry-analysis/polyarylsulfones-market
https://www.grandviewresearch.com/industry-analysis/polyarylsulfones-market
Further key findings from the report suggest:
·
The global polyarylsulfone
market generated a demand for 63.2 Kilotons in 2014 and is projected to reach
100.1 Kilotons by 2022
·
PPSU emerged as the fastest
growing product segment in the market with a market share of more than 17.0% by
revenue in 2014
·
Majority of PPSU consumed for
medical & dental instruments which accounted for 30.01% of global PAS
market volume in 2014
·
Rising needs for enhanced
filtration in medical, sanitary, and food & beverages are anticipated to
bolster product demand over the coming years
·
Presence of sophisticated and
well-developed thermoplastic infrastructure in the United States is also
estimated to foster the PAS demand in U.S. as well as in the North American
region
·
Some of the key companies
present in the market are Sumitomo Corporation; BASF; Solvay; Ensinger Inc.;
Solvay; and Quadrant Engineering Plastics Product Inc.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/bulk-chemicals
Grand View Research has segmented the
global polyarylsulfone market report on the basis of product, and region:
Polyarylsulfone Product Outlook
(Volume, Tons; Revenue, USD Million, 2012 - 2022)
·
Polyphenylsulfone (PPSU)
o
Medical & Dental
Instruments
o
Pipe Fittings & Manifolds
o
Aircraft Interiors
o
Wire Insulation
o
Others
·
Polysulfone (PSU)
o
Electrical & Electronics
o
Membranes
o
Plumbing Fittings
o
Others
·
Polyetherimide (PEI) &
Polyethersulfone (PESU)
o
Medical
o
Automotive
o
Electrical/Electronic
o
Aerospace
o
Others
Polyarylsulfone Regional Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·
North America
o
U.S.
·
Europe
o
Germany
o
France
o
U.K.
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
o
Taiwan
·
Central & South America
·
Middle East & Africa
Access Full Press Release of this Report: www.grandviewresearch.com/press-release/global-polyarylsulfone-market
About Grand
View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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