Polyarylsulfone (PAS) Market Size Analysis, Business Growth, Trends Forecast To 2027

Precision Business Insights published a research report on “Global Polyarylsulfone (PAS) Market: By Product (Polyphenylsulfone (PPSU), Polysulfone (PSU) and Polyethersulfone (PESU)), By End User (Aerospace, Automotive, Electrical & Electronics, Healthcare, Water Treatment and Others) and Geography- Global/Region/Country Forecast to 2027”. The global polyarylsulfone (PAS) market projected to be valued at US$ XX Mn in the year 2020 and assessed to grow at considerable CAGR rate over 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and --other qualitative sections with an in-depth TOC on “Global Polyarylsulfone (PAS) Market: By Product (Polyphenylsulfone (PPSU), Polysulfone (PSU) and Polyethersulfone (PESU)), By End User (Aerospace, Automotive, Electrical & Electronics, Healthcare, Water Treatment and Others) and Geography- Global/Region/Country Forecast to 2027”.

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Increasing demand for Membranes from Significant end-use Industries is Enhancing the Global Polyarylsulfone (PAS) Market
Polyarysulfones are a thermally steady shapeless thermoplastic consist of biphenyl and phenyl bunches connected by ether and sulfone groups. These are a group of polar polymers, amorphous and thermoplastic. They have high potent and steadiness also at high temperatures. These are dimensionally stable and have outstanding strength. They are even resistant to solvent too.

One of the major factors, which will have a positive impact on the growth of market, in the upcoming years, is the growing demand from medical technology industry. A huge demand is there from the medical sector for high-performance thermoplastics. Polyarylsulfone use in a number of medical devices as well as instruments including orthopedic equipment, X-ray machines, dental and surgical equipment, sterilization trays and gamma machines will be a chief factor leads towards the market growth in upcoming years. There are a few leading factors enhancing the polyarylsulfone (PAS) market are increasing demand for membranes from significant end-use industries, lightweight together with excellent flame retardant characteristics of PAS, growing demand for PPSU from the medical and dental segment and replacement of traditional materials. Furthermore, high growth in rising countries offers huge growth opportunity for the market. But, issues involved with processing high-performance thermoplastics and high price are some of the market restraining factors.

Asia Pacific Witnesses Larger Revenue Share in the Global Polyarylsulfone (PAS) Market
Asia Pacific witnessed larger revenue share in the global polyarylsulfone (PAS) market with significant CAGR rate. Asia Pacific market is mainly fuelled by the emerging manufacturing industry and presence of huge-scale automotive industry in economies of this region such as India and China. Moreover, robust industrialization and urbanization are the factors likely to drive the market demand because of the increasing demand for water treatment facilities to assure secure and clean water.

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Competitive Analysis - Global Polyarylsulfone (PAS) Market
A few of the major key players profiled in the global polyarylsulfone (PAS) BASF SE (Germany), Ensinger Inc. (U.S.), Nytef Plastics Ltd. (U.S), Polymer Dynamix (U.S.), RTP Co. (U.S.), Sabic Innovative Plastics (Saudi Arabia), Solvay (Belgium), Sumitomo Chemical Co. Ltd. (Japan) and Technical Polymers LLC (U.S). Frequent acquisitions and novel product launches by the key players is another major contributing factor in surging the global polyarylsulfone (PAS) market. Key players also focus on partnerships. Business expansion and increase in product portfolio are the two major factors on which business players focus greatly.

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