The global demand for Polysulfone Resin Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Polysulfones resin is an amorphous thermoplastic with very high strength and has one of the highest service temperatures of up to 171 °C. It is highly resistant to mineral acids, salts, alkalis, detergent solutions, oils, and alcohol but it is attacked by polar organic solvents such as ketones, chlorinated hydrocarbons, and aromatic hydrocarbons. Polysulphone resin finds its application in electronic and automotive parts, chemical and food processing equipment, fibre optics, medical instruments requiring sterilization, plumbing and home appliance items, and in the automotive and aerospace industries for high temperature applications. Some niche applications include water purification membrane, gas separation, and medical & industrial filtration.
The rising growth in demand from end-use industries is driving the growth market. Growth will be propelled by the ongoing adoption of high-temperature polymer resin instead of more conventional materials such as metal, glass, and other polymers. An exceptional attribute of high-temperature polysulphone will continue to stimulate demand in a wide spectrum. Solid demand growth for polysulfone is anticipated for aircraft CFRP and dialysis membranes and is likely to find the expansion of demand in automotive and medical applications in the forecast period. Recognising these trends and possible benefits, manufacturers are expanding their manufacturing capacities. On the other side, the disadvantage of polysulphone membrane to foul easily due to its hydrophobic characteristic is hindering the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of polysulfone resin.
The entire polysulfone resin market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Polysulfone (PSU)
- Polyarylsulfone (PES)
- Polyphenylsulfone (PPSU)
- Electronics and Electrical
- Vehicle Construction
- Food Industry
- Medical Industry
This section covers regional segmentation which accentuates on current and future demand for polysulfone resin market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Polysulfone Resin Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the polysulfone resin market include Solvay, BASF, Sumitomo, Jiangmen Youju, Shandong Horan. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.