Press release
Polyarylsulfone Market: Industry Size, Share, Growth, Forecasts 2017 - 2025
The report "Polyarylsulfone Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 ", has been prepared based on an in-depth market analysis with inputs from industry experts.The objectives of this study are as follows:
To define, describe, and forecast the "Polyarylsulfone" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Polyarylsulfone is a thermally steady shapeless thermoplastic containing phenyl and biphenyl bunches connected by ether and sulfone groups. Polyarylsulphones are a group of thermoplastic, amorphous, and polar polymers. They have high stability and strength even at high temperatures. Polyarylsulfones are resistant to high temperature and are dimensionally steady, they have excellent strength and are also resistant to solvent. These properties coupled with their light weight and high temperature protection render polyarylsulfones preferable over other metals and compounds. The market for high temperature thermoplastics is fragmented; however, the ongoing innovations are expected to create growth opportunities for the polyarylsulfone market during the forecast period.
The polrarylsulfone market is driven by the versatility of application of polyarylsulfone as compared to other engineering plastics. The polyarylsulfone market is primarily driven by demand from the medical device, automotive, and electrical & electronics industries. Continuous product advancements have boosted the usage of polyarylsulfone in special applications for different segments such as defense, aviation, fitting, etc. However, despite steady growth in the past, uncertainty exists in the global polyarylsulfone market due to the weak economic growth trends in the major countries across the globe, which is a restraint for the polrarylsulfone market.
Applications of polyarylsulfone include medical devices, automotive, electrical & electronics, aerospace, etc. Polyarylsulfone is a popular choice for headlights and interior reflectors, fuse encapsulation, aircraft parts, pump impellors, and other applications where dimensional stability at high temperatures is extremely important. Polyarylsulfone also has specialized applications in metrology, fuel cells, and production of high performance membrane.
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The global polyarylsulfone market can be segmented on the basis of products such as polysulfone (PSU), polyethersulfone (PESU), and polyphenylsulfone (PPSU). They are relatively similar with respect to their application industries; however, they are chemically different from each other. Polysulfone is mostly used in applications which requires continuous high temperatures together with the usual requirements of high mechanical stability and stiffness. Polysulfone is a light amber amorphous structure, it enables transmission of light and has high dimensional stability and good hydrolysis resistance. Like polysulfone, polyethersulfone is an amorphous transparent plastic with a light yellowish color. Its properties are similar to those of polysulfone, although polyethersulfone exhibits a higher impact strength and better chemical resistance. Its toughness and firmness are high and its scratch sensitivity is low. It also has higher chemical resistance, particularly to cleaning and disinfecting agents, and a low rate of water absorption, which makes it suitable for applications involving superheated steam sterilization. Other noteworthy properties of polyethersulfone are its good dimensional stability and excellent resistance to high-energy radiation.
In terms of geography, the polyarylsulfone market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America dominates the global polyarylsulfone market in terms of consumption with the U.S. being the major contributor. The polyarylsulfone market in the U.S. is driven by high demand from the medical and automotive industries. Europe is anticipated to be the next leading market in terms of consumption during the forecast period. Asia Pacific is expected to follow Europe to become a rapidly expanding market for polyethersulfone during the forecast period.
Key players operating in the global polyarylsulfone market are BASF SE, Solvay SA, Saudi Basic Industries Corporation SJSC, Ensigner Inc., Sumitomo Chemical Co Ltd, Nytef Plastics Ltd., Polymer Dynamix LLC, and Westlake Plastics Company, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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