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Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025

05-31-2021 12:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Polyphenylsulfone Market

Polyphenylsulfone Market

The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against cleaning agents and solutions.

Global Market Insights, Inc., forecasts that the global polyphenylsulfone market size could reach an annual value of USD 505 million by 2025.

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Industry share from PPSU uses across the automotive applications is anticipated to record USD 70 million over the next few years. This can be owed to the rapidly changing trends in the automotive sector and the increasing demand from consumers. The regulation of severe environmental policies has paved the way for numerous technological progressions.

Polyphenylsulfone products are excessively adopted in headlamps & fog lamps as it possesses high light transmittance attributes. Owing to this feature, the material is capable of rendering resistance against motor oils. It also offers low water absorption, excellent electrical insulation, and dimensional stability while operating at a temperature range from -50 to 180 0 Celsius.

Growth drivers of polyphenylsulfone market are

• North America: Growing market for medical device industry
• Europe: Growing demand for passenger car segment market
• Asia Pacific: Growing trends towards end-use industries

Annual revenue of the polyphenylsulfone market from baby bottle applications in North America is likely to amass over USD 25 million through 2025. This is because the polymer is largely deployed in the production of baby bottles on account of its high heat tolerance and durability features in comparison to polyethersulfone & polypropylene.

The PPSU bottles are BPA free and do not absorb color or odor, as well as show excellent thermal stability and can sustain repeated steam sterilization cycles. They have non-stick surfaces that render easy breastfeeding. Moreover, the polymer adheres to the food-contact regulations that are established by the U.S. government agencies.

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The demand for PPSU sheets across China is pegged to collect gains at over 11% by 2024 owing to their higher presence in airline catering trolleys. The sheets provide maximum sterilization strength and aesthetic properties, hence are utilized in airline interiors. They show compatibility with functional surface coatings like scratch-proof characteristics. Also, the polyphenylsulfone sheets impart optimum chemical resistance in comparison to amorphous materials.

Suppliers of PPSU structures are keen on marketing and corporate initiatives like capacity expansions, acquisitions, mergers, and partnerships to extend their offerings and customer base across the globe. For instance, in April 2018, BASF introduced a new manufacturing line for Ultrason®, its high-temperature operating thermoplastic at its site in Yeosu, Korea. The present COVID-19 pandemic could have also influenced these firms to come up with innovations while gaining a competitive edge over their counterparts.

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

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.

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