Press release
Global Sulfone Polymers Market Growth Drivers, In-Depth Research, Analysis and Forecast to 2024
North America is growing with a CAGR of over 6.2% during the forecast period. Sulfone polymers market in this region is growing due to increasing application in medical devices and automotive production. United States hold major market share and is one of the fastest growing region due to high automotive and aerospace production. Moreover, shift in consumption pattern of high performance polymers in several industries will propel market growth.Request for a sample copy of this report @
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Global Sulfone Polymers Market size will likely surpass USD 2 billion by 2024; according to a new research report by Global Market Insights, Inc. Sulfone polymers’ demand is rapidly increasing in aerospace and automotive industries owing to their high-performance properties. These polymers offer higher stability and toughness while operating at higher temperatures. High strength, better flame resistance, thermal stability, and excellent retardancy to oxidation properties make them suitable for aerospace, and automotive applications. Thus, the market will be influenced positively and will further enhance the market growth over the coming years.
Changing trends like substitution of metal products with lightweight polymer materials in automotive, and aerospace applications will drive the global sulfone polymers market significantly. The product demand for sulfone polymer based aircraft, and automotive components is emphasizing the producers to manufacture more products significantly which will significantly propel the growth of global sulfone polymers market in the entire forecast timeline.
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Polyethersulfone segment will grow at a CAGR over 6.5% during the projected period. This product segment will witness a huge demand due to its incredible properties, and application extent over the coming years. The polysulfone product segment is found out to be the second fastest growing segment over the coming years. Regarding both volume, and revenue, the polyethersulfone segment have the major share, and dominates in the overall forecast period.
Some of major chapters from Table of Contents:
Chapter 2. Executive Summary
2.1. Sulfone Polymers market 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product by end-user trends
2.1.3. End-user trends
2.1.4. Regional trends
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Chapter 3. Sulfone Polymers Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.4. Raw material analysis
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.5.3. China
3.6. Pricing analysis
3.6.1. Regional pricing
3.7. Industry impact forces
3.7.1. Growth drivers
· Stringent regulation protecting and maintaining safety at workplace
3.7.2. Industry pitfalls & challenges
· High production costs and R&D investments
· Fluctuating raw material costs
3.8. Growth potential analysis
3.8.1. Cost structure analysis
3.9. Porter's analysis
3.10.Competitive landscape, 2016
3.10.1. Strategic dashboard
3.11. PESTEL analysis
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https://www.gminsights.com/industry-analysis/sulfone-polymers-market
Medical application segment is having major volume consumption and is forecasted to grow over the coming years. Innovative application of these for manufacturing several medical equipment through design and technology modification is enabling their application in complex devices, in place of traditional materials that will significantly trigger sulfone polymer market demand.
Asia Pacific holds the significant market share in 2016 and will grow at CAGR of over 6.5% till the end of forecast period. Rising consumption in end-user industries, and rapid industrialization in the developing countries of this region will augment the market. Moreover, the Middle East & Africa and Latin America will moderately grow over the forecast timeframe.
Leading players present in the sulfone polymers market are Sino Polymer, Evonik, Infinity LTL, Sumitomo Corporation, SABIC, BASF SE, Ovation Polymers, Jiangmen, and others.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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