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Recent Press Release Update on Polyphenylsulfone Market Size & Share, Growth, Trends and Forecast 2017 - 2025
MarketResearchReports.Biz presents this most up-to-date research on "Polyphenylsulfone Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025"The objectives of this study are as follows:
To define, describe, and forecast the "Polyphenylsulfone" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Polyphenylsulfone is a high performance thermoplastic, or a type of moldable plastic, typically used in various end-use industries such as automotive, aerospace, medical, household/food technology, and electrical & electronics. Chemically, polyphenylsulfone consists of aromatic rings linked by sulfone (SO2) groups and is produced by the condensation of 4,4'-bis(chlorophenyl)sulfone with various bisphenols such as 4,4'-bis(4-hydroxyphenyl)sulfone. Polyphenylsulfone polymers offer better impact and chemical resistance and high tensile strength as compared to their counterparts such as polysulfone (PSU) and polyetherimide (PEI). Polyphenylsulfone also provide high heat resistance and excellent hydrolytic stability. They are widely utilized in various applications such as automotive & aircraft interior, medical devices, hot water fittings, sanitary & plumbing, dental & surgical instruments, and 3D printing devices.
Based on color, the global polyphenylsulfone market is segmented into opaque and transparent. The opaque segment is further split into grey, black, red, orange, yellow, green and others. The transparent segmented is further sub-segmented into blue and black. Rising demand for medical and dental cases, trays, lids, instruments, and devices is expected to fuel the demand for polyphenylsulfone. In terms of end-users, the market is segmented into medical, automotive, automobile, sanitary, and electrical. Currently, the medical & healthcare sector is the leading consumer for sulfone polymers, which in turn is boosting the polyphenylsulfone market. However, end-user applications such as filtration membrane and electrical sockets and trays in automotive and automobile sector expected to become attractive application segment during the forecast period.
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Rising emphasis on reducing metal weight in order to increase fuel efficiency and reduce emissions in automotive and aerospace sectors is a key driver for the polyphenylsulfone market. Potable water as well as sanitary & plumbing applications are some of the lucrative application segment of the market due to its extraordinary characteristic features such as outstanding biocompatibility, lack of toxicology concern in contact with drinking water, and resistance to hydrolysis and chlorine and calcium deposits. All these factors are driving the polyphenylsulfone market during the forecast period. Polyphenylsulfone is quite expensive as compared to other thermoplastics due to its high cost of production, which is anticipated to hamper the demand for polyphenylsulfone in the near future. However, rising demand for blended polymers with improved characteristic features is expected to provide lucrative opportunity to polyphenylsulfone manufacturers.
Geographically, the market for polyphenylsulfone can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. In North America, the U.S. was the leading consumer of polyphenylsulfone in 2016; however, Asia Pacific is expected to surpass North America in terms of consumption of polyphenylsulfone during the forecast period. Rapid industrialization coupled with the rise in automotive and medical sectors in Asia Pacific is boosting the market. China is anticipated to be a major consumer of polyphenylsulfone during the forecast period. Countries such as India, South Korea, and Japan are witnessing strong growth in the region due to the rise in consumer spending on quality products and high government spending on electrical vehicles. The market in Europe is projected to expand at a moderate pace during the forecast period due to expansion of the automobile industry in the region. The market in Middle East & Africa and Latin America is projected to expand at a sluggish pace. However, capacity expansion by major companies coupled with strong brand promotion and product awareness is expected to boost the market in the region.
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Key players operating in the global polyphenylsulfone market are BASF SE, Solvay Chemical Company, Sumitomo Chemicals, SABIC Innovative plastics, Quadrant Engineering Plastics Product, NYTEF Plastics Ltd., Polymer Dynamix, RTP Company, Westlake Plastics Company, and Ensigner Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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