Global Sulfone Polymer Market 2022 Industry Analysis, Key Drivers, Business Strategy, Opportunities and Forecast to 2030

SDKI Inc. published a new research report on "Global Sulfone Polymer Market-Forecast 2022-2030" on October 18, 2021. The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2022-2030 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-110328

The sulfone polymer market is estimated to grow from a market value of US $ 1,104.9 million in 2022 to US $ 1,675.7 million by 2030, with a CAGR of 6.13% during the 2022-2030 forecast period. increase.

Sulfone polymers are durable and rigid plastic materials that maintain transparency even at high temperatures above 204 ° C. .. They provide high heat resistance, thermal stability, and oxidation resistance for various electrical and electronic products such as printed circuit boards, aircraft radomes, connectors, and terminal blocks. Its properties such as hydrolysis stability, transparency and heat absorption make it an ideal choice for medical and food applications. It is also known for its toughness, low durability and durability, and is suitable for industrial applications where high dimensional stability is strongly required.

Sample URL of the report
https://www.sdki.jp/sample-request-110328

The growth trend of replacing metals with lighter engineering materials in the aerospace industry will significantly drive the growth of the sulfone polymer market. The demand for sulfone polymers from the automotive and aerospace industries is increasing significantly. Sulfone polymers are used in several medical applications, including sterilization and autoclaving, due to their high thermal stability to hydrolysis. According to a 2019 World Health Organization survey, demand for medical devices has increased over the past two years. This is due to an increase in illness, and the demand for medical products will surge the demand for sulfone polymers. This will lead to growth in the sulfone polymer market during the forecast period. However, strict government regulations on the use of BPA in some industries may impede market growth during the 2022-2030 forecast period.

Sulfone Polymer Market Segment

The sulfone polymer market is divided by product (polyether sulfone, polysulfone and polyphenylsulfone), by end user (consumer goods, electrical and electronic, aerospace, automotive, medical and industrial), and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Details of the survey report
https://www.sdki.jp/reports/sulfone-polymers-market/110328

Regional Overview of the Sulfone Polymer Market

In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, Middle East & Africa and more. The North American region is a major regional market in terms of consumption and production. Demand for sulfone polymers in this region is primarily from aerospace and automotive applications. This is expected to drive the growth of the sulfone polymer market in the region. Meanwhile, the Asia Pacific sulfone polymer market is expected to show the highest growth rate / CAGR during the forecast period. Factors such as increased demand for sulfone polymers in automotive, electronic components and aircraft applications create favorable growth opportunities for the sulfone polymer market in the Asia-Pacific region.

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This release was published on openPR.