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Global Sulfone Polymers Market Trends, Application sectors & Forecast Report 2017-2024

Global Sulfone Polymers Market Trends, Application sectors &

Global Sulfone Polymers Market has most applications in the medical industry. It is used in different forms in medical industry such as polyarylsulphones (PSU) and polyether sulfone (PESU).

It is used in implants and medical devices owing to its property of high level of wear and corrosion resistance as compared to metals. Medical industry is experiencing a transformation from quantity based to quality based business.

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The industry is expected to expand at a significant pace in the forecast period promising a healthy sulfone polymers market till 2024.

Global Sulfone Polymers Market size is anticipated to grow at a healthy rate during the forecast period. The polymer is mechanically tough and rigid, resistant to acid attacks and hydrolysis, and transparent in nature.

These properties of the product make it suitable for distinct applications such as aerospace, automotive, filtration membranes and medical. Superior flame retardant property of the polymer makes it desirable to be used in electrical and electronics industry.

Soaring demand of electronics and electrical gadgets in industrial and domestic market is anticipated to complement the market in the forecast period.

Electrical & electronics industry is expected to boost sulfone polymers market between 2017 and 2024. Usage of the product is escalating in electrical & electronics industry due to its properties of flame retardants. This industry had witnessed a healthy growth in past five years and is expected to depict a similar scenario in coming years that complements growth of the market.

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Based on product, the market is classified as polyethersulfone(PESU), polysulfone(PSU), and polyphenylsulphone(PPSU). As per applications, the market is segmented as consumer goods, electrical and electronics, aerospace, automotive, medical and industrial.

North America is forecast to be a major shareholder in terms of consumption between 2017 and 2024. U.S. is a considerable producer of sulfone polymer in the region. Demand of the product originates principally from food packaging industry and aviation sector. North America is anticipated to remain a dominant region in the global sulfone polymers market in the forecast timeframe.

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Major companies in sulfone polymers market are Solvay Corporation, Sumitomo Corporation, PolyOne Corporation, BASF SE, Solvay, and Jiangmen Youju New Materials Co., Ltd. Amongst these Sumitomo, BASF and Solvay are the major producers of Japan, Europe and U.S. respectively.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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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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