Polyarylsulfone Market Analysis to 2023 | Solvay SA (Belgium), BASF SE (Germany), Sumitomo Chemical Company. (Japan), SABIC (Saudi Arabia), Quadrant Plastic Composites AG (Switzerland), Polymer Industries

Polyarylsulfone Market Overview to 2023

Polyarylsulfone (PAS) is amorphous high-performance thermoplastics containing phenyl and biphenyl groups linked by ether and sulfone groups. It offers more thermal resistance and superior short and long-term thermal stability than engineered thermoplastics. It can withstand long-term service temperature of up to 1500C and short-term temperature of 2500C.

Key Players

Some of the major players operating in the global polyarylsulfone market are Solvay SA (Belgium), BASF SE (Germany), Sumitomo Chemical Company. (Japan), SABIC (Saudi Arabia), Quadrant Plastic Composites AG (Switzerland), Polymer Industries (U.S.), Westlake Plastics Company (U.S.), Polymer Dynamix Llc (U.S.), Ensinger Inc. (U.S.), and RTP Company (U.S.).

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Intended Audience

Polyarylsulfone manufacturers
Traders and distributors of polyarylsulfone
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
It offers several other desirable characteristics such as high impact & tensile strength, lightweight, excellent transparency, low moisture absorption, good dimensional stability, good flame retardancy, high glass transition temperature (2000C), low coefficient of thermal expansion (1200C), and good hot water, steam, chemical, and stress cracking resistance.

Polyarylsulfone is widely used in areas requiring safety & regulatory standards such as automotive, aerospace, and healthcare industry due to its excellence of properties. In the healthcare industry, polyarylsulfone is widely used to manufacture various instruments such as X-ray machines, gamma machines, dental and surgical equipment, orthopedic equipment, and sterilization trays. These applications are expected to be the major contributor to the growth of polyarylsulfone market over the assessment period. The growing trend of replacing the metal parts with lightweight polymers in the automotive and aerospace industries to increase the fuel efficiency is expected to boost the growth of the polyarylsulfone to a large extent during the forecast period. In the aerospace industry, polyarylsulfone is used to make airline interiors and lightweight trolleys for serving drinks & meals to airline passengers due to its various properties such as good flame retardancy, lightweight, and high impact strength.

Furthermore, it is used in the automotive industry to manufacture headlamp reflectors, cooling water and oil circuits, in-vehicle electrics (housing and connectors), and transmissions due to its high thermal stability, dimensional stability, lightweight, and impact & tensile strength. The use of polyethersulfone membranes for ultrafiltration of water is expected to gain a considerable share of the market over the forecast period due to its variable pore size, high flow, chemical resistance, and excellent sterilizability. Moreover, polyarylsulfones are used in electrical & electronics applications such as in switch latches, fuse holders, circuit breakers, transparent displays, housing parts of air humidifier & electrical batteries due to its lightweight, high impact & tensile strength, reduced creep tendency, and high dimensional stability. Furthermore, it is used to manufacture household appliances such as coffee machines, samovars, and pipe connections fittings due to its high thermal stability, chemical resistance and low moisture absorption property.

However, the high cost of polyarylsulfone over conventional engineered thermoplastics and standard thermoplastics is expected to hamper the market growth. Furthermore, difficulty in processing the high-performance thermoplastics is also expected to restrict the growth to some extent during the assessment period.

Market Segmentation

The global polyarylsulfone market is segmented by product type, end-use industry, and region. On the basis of the product type, the global polyarylsulfone market is segmented into polysulfone (PSU), polyethersulfone (PESU), and polyphenylsulfone (PPSU). On the basis of the end-user industry, the global polyarylsulfone market is segmented into automotive, healthcare, aerospace, water treatment, electrical & electronics, and others. On the basis of the region, the global polyarylsulfone market is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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Regional Analysis

The Asia Pacific is expected to be the major and the fastest growing market for polyarylsulfone in terms of market size. The demand for polyarylsulfone is expected to be driven by the large automobile industry in China, growing electrical & electronics industry in Countries such as Japan, South Korea, and Taiwan, and growing healthcare industry in India. Furthermore, rapid industrialization and urbanization are also expected to boost the demand for polyarylsulfone due to increasing demand for water treatment facilities to ensure safe and clean water.

North America is one of the major markets for polyarylsulfone and is expected to show a steady demand during the forecast period 2017-2023. Growing healthcare industry, electronics industry, and aerospace industry in the U.S. is expected to drive the growth of the North America polyarylsulfone market. Europe is also expected to show steady demand for polyarylsulfone due to strong automotive market and growing microelectronics market in Germany. The Middle East & Africa market is expected to show rising demand for polyarylsulfone over the forecast period. However, the demand is relatively stagnant compared to other regions. Latin America is expected to show moderate demand for polyarylsulfone due to its water treatment application over the forecast period.

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