San Francisco, 17
September 2018: The global polyarylsulfone market size is expected to reach USD 2.36 billion by 2022,
according to a new report by Grand View Research, Inc., progressing at a CAGR of
7.9% during the forecast period. The growth is primarily attributed to strong
demand for PPSU from the dental & medical sector.
Excellent properties
such as high thermal and chemical resistance are encouraging widening of
product application scope in various industries. Polyarylsulfone is projected
to replace polycarbonate and polyamide owing to its properties that are highly
desirable from some industries such as electrical/electronics, aerospace, and
automotive.
Surging high temperature
thermoplastics demand in developing countries including India, China and Taiwan
will positively affect global polyarylsulfone market growth over the forecast
period. Huge buyers from diversified industries such as automotive, aerospace,
medical, food & beverages, healthcare, electric/electronics and
construction will lower bargaining power of suppliers.
In terms of prices, PPSU
are the most expensive polyarylsulfones in the global market, followed by PEI
& PESU. PSU is considered as the cheapest polyarylsulfone globally and on
account of its inexpensive nature among all polyarylsulfone, the product is
finding applications in medical and aerospace industries. PPSU emerged as the
fastest growing product over the forecast period owing to the suitability in
various applications.
Access Research Report
of Polyarylsulfone Market@
www.grandviewresearch.com/industry-analysis/polyarylsulfones-market
Further key findings from the report suggest:
· The global polyarylsulfone market generated
a demand for 63.2 Kilotons in 2014 and is projected to reach 100.1 Kilotons by
2022
· PPSU emerged as the fastest growing product
segment in the market with a market share of more than 17.0% by revenue in 2014
· Majority of PPSU consumed for medical &
dental instruments which accounted for 30.01% of global PAS market volume in
2014
· Rising needs for enhanced filtration in
medical, sanitary, and food & beverages are anticipated to bolster product
demand over the coming years
· Presence of sophisticated and
well-developed thermoplastic infrastructure in the United States is also
estimated to foster the PAS demand in U.S. as well as in the North American
region
· Some of the key companies present in the
market are Sumitomo Corporation; BASF; Solvay; Ensinger Inc.; Solvay; and
Quadrant Engineering Plastics Product Inc.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/bulk-chemicals
Grand View Research has
segmented the global polyarylsulfone market report on the basis of product, and
region:
Polyarylsulfone Product Outlook (Volume, Tons; Revenue,
USD Million, 2012 - 2022)
·
Polyphenylsulfone (PPSU)
o
Medical & Dental Instruments
o
Pipe Fittings & Manifolds
o
Aircraft Interiors
o
Wire Insulation
o
Others
·
Polysulfone (PSU)
o
Electrical & Electronics
o
Membranes
o
Plumbing Fittings
o
Others
·
Polyetherimide (PEI) & Polyethersulfone
(PESU)
o
Medical
o
Automotive
o
Electrical/Electronic
o
Aerospace
o
Others
Polyarylsulfone Regional Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2012 - 2022)
·
North America
o
U.S.
·
Europe
o
Germany
o
France
o
U.K.
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
o
Taiwan
·
Central & South America
·
Middle East & Africa
Access Press Release of
Polyarylsulfone Market@ www.grandviewresearch.com/press-release/global-polyarylsulfone-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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