Polysulfone Market A Climbing Outlook Market Size Set to Skyrocket in Years Ahead

Allied Market Research recently published a report titled "Polysulfone Market by Type (Polyethersulfone (PES), Polysulfone (PSU), Polyphenylenesulfone (PPSU)), by Grade (Food Grade, Industrial Grade, Medical Grade, Others), by Application (Membranes, Fuel Cells, Coatings, Injection Molding, Others), by End-User Industry (Electrical And Electronics, Consumer Goods, Transportation & Automotive, Healthcare, Food & Beverage, Water Treatment, Sanitary Equipment, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031".

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A11470

Key Growth Drivers:

The demand for polysulfone is increasing due to its desirable properties, including high strength, moldability, and thermal stability. However, challenges such as discoloration and brittleness under UV radiation limit its use in outdoor applications. Nevertheless, the market is expected to grow due to the healthcare and automotive industries' demand, rising demand for environmentally friendly polymers, technological advancements, emerging applications in aerospace and electrical industries, and demand from developing economies.

Covid-19 Impact:

The pandemic increased the demand for medical equipment and packaging materials, which often use polysulfone. Additionally, research accelerated to develop new medical devices such as artificial lungs to assist COVID-19 patients, leading to a surge in demand for polysulfone.

Market Segments:

Type: Polysulfone is the leading segment due to its broad applications in industries like construction, aviation, and automotive. Polyethersulfone is expected to grow the fastest due to increasing electronic usage.

Grade: Industrial grade is the largest segment due to its application in machine and appliance parts. The medical grade segment is expected to grow rapidly.

Application: Injection molding is the largest segment, contributing to various end-use industries. The membrane segment is expected to grow rapidly.

End User Industry: Transportation and automotive lead due to polysulfone's use as a dielectric in capacitors. The electrical and electronics segment is expected to grow the fastest.

Region: North America dominates the market and is expected to maintain this position. The Asia-Pacific region is expected to show the fastest growth.

Leading Market Players:

- SOLVAY S.A.
- BASF SE
- SABIC
- ENSINGER
- POLYMER INDUSTRIES
- RTP COMPANY
- TRIDENT PLASTICS INC.
- ASAHI KASEI MEDICAL CO., LTD.
- TORAY MEDICAL CO., LTD.
- PEXCO

These companies have adopted various strategies to increase market share and maintain dominance in different regions.

Obtain Report Details: https://www.alliedmarketresearch.com/polysulfone-market-A11470

Contact:

David Correa

United States

1209 Orange Street,

Corporation Trust Center,

Wilmington, New Castle,

Delaware 19801 USA.

Int'l: +1-503-894-6022

Toll Free: +1-800-792-5285

Fax: +1-800-792-5285

help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.