openPR Logo
Press release

Sulfone Polymers Market Analysis : TMR

09-05-2017 04:21 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR

Global Sulfone Polymers Market: Snapshot

Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the automotive industry for use in optical reflectors, headlight bezels, fog lamp housings, oil pumps, oil pistons, and impellers. Increase in environmental awareness and shifting trend of automotive manufacturers toward low-weight materials for fuel efficiency and better performance are estimated to offer growth opportunities to the sulfone polymers market from 2016 to 2024.

Transparency Market Research states that the global sulfone polymers market was valued at US$805.4 mn in 2015 and is will rise to US$1,394.7 mn in 2024, exhibiting a CAGR of 6.4% between 2016 and 2024.

View Report @ http://www.transparencymarketresearch.com/sulfone-polymers-market.html

Applications across Automobile Industry to Continue to Gain Larger Share in Overall Market

In terms of applications, the report examines the various applications of sulfone polymer across applications in the medical, automotive, aerospace, consumer goods, electrical and electronics, and industrial sectors. Of these, the applications of sulfone polymer across the medical sector led to the most promising returns, accounting for nearly 24% of the overall market in 2015. The segment is anticipated to continue its dominance during the forecast period as well, chiefly owing to the continuous growth in the global medical industry and the availability of vast variety of medical grade sulfone polymer product varieties in the global market.

Share of segments such as automotive and aerospace are expected to exhibit moderate yet steady growth in the global market in the next few years owing to the stable rise in demand for lightweight and high-performance materials in these segments. Both the segments are expected to exhibit a nearly 6.5% CAGR over the period between 2016 and 2024.

Get accurate market forecast and analysis on the Sulfone Polymers Market Request a sample to stay abreast on the key trends impacting this market.
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3607

Sustainable Demand across Medical Industry to Keep North America and Europe in Dominant Positions

In terms of volume, North America held the dominant share of more than 39% in the global sulfone polymer market in 2015, in terms of revenue, and the trend is expected to remain strong in the next few years as well. However, the in North America, similar to the market in Europe, is projected to expand at a moderate pace during the forecast period, as the key end-use industries are well-established in these regions, with little scope for further expansion due to market stagnation.

Nevertheless, the rising medical industry in the regions is expected to drive the sulfone polymer market notably by the end of the forecast period. Resurgence of the automotive market in the U.S. and healthy growth of the medical devices market is also likely to provide momentum to the sulfone polymer market in North America and Europe.
However, the overall performance of the sulfone polymer market in North America and Europe regions is expected to be less promising than the Asia Pacific market over the period between 2016 and 2024. China is projected to be one of the key consumers of sulfone polymers in the region over the said period. Other countries such as Japan, South Korea, and India are also expected to be promising markets for sulfone during the forecast period. High demand for sulfone polymers in the production of automotive, electrical and electronic components, and rise in demand for sulfone polymers in membrane manufacturing are expected to be the key factors propelling the sulfone polymers market in Asia Pacific.

In the highly consolidated market for sulfone polymers, some of the key players are BASF SE, Solvay S.A., Sumitomo Chemical Co., Ltd., and Sabic.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sulfone Polymers Market Analysis : TMR here

News-ID: 699141 • Views:

More Releases from TMR

Emerging Opportunities in Logistics Market with Current Trends Analysis
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031. The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,

All 5 Releases


More Releases for North

North America Epoxy Composites Market
North America Epoxy Composites Market, By Type (Glass Fiber, Cotton Fiber, Paper Fiber), Resin Type (Epoxy Resin, Phenolic Resin, Melamine Resin), Manufacturing Process (Layup Process, Compression Molding Process, Resin Injection Molding Process, Resin Transfer Molding Process, Filament Winding Process, Pultrusion Process), End User (Wind Energy, Aerospace and Defense, Sporting Goods, Automotive and Transportation, Electrical and Electronics, Pipe and Tank, Marine, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to
North America Drone Simulator industry report - North America Drone Simulator Ma …
The drone simulator market in North America is expected to reach US$ 535.17 million by 2028 from US$ 251.38 million in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028. The latest North America Drone Simulator Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis
UberJets Helping People Get North!
In 2022 consumers have the freedom to purchase, order, or reserve, practically anything with a click of a button. Buying has never been more transparent through the utilization of mobile app technology. Typically, users can perform tasks such as book a hotel or purchase game tickets all from an app; so it only makes sense that one can order a private aircraft to get to anywhere, and anytime using the
02-07-2020 | Health & Medicine
CRIFAX
North America Apnea Monitors Market : North America Opportunity Analysis and Ind …
CRIFAX has recently announced its latest research report on 'North America Apnea Monitors Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated
North America Footwear Market -Consumers In North America Are More Inclined Towa …
In the last couple of years, North America has emerged at the forefront of the fashion and sports apparel industry. Not only has easy and uninterrupted internet access bolstered consumer awareness regarding the latest buzz in the fashion scenario, but it has also helped them shop for the products they want with a simple touch of their fingers on their smartphones or tablets. The developed countries in the region such
Electrical Fuses Market: Production Enterprise To Become Main Application Phase …
The North America electrical fuses market is likely to witness the advent of more compact and slimmer electronics with leading players vying to cater to ever-changing consumer preferences. The development of the latest technologies and innovation have thus emerged as the most defining trends in the market. The electrical fuses market in North America is primarily driven by the rising demand for electricity and efficient power delivery systems. Besides this,