Global Polyarylsulfones Market

Polyarylsulfones Market Size, Share, Growth Analysis, By Product type(Polyethersulfone (PESU), Polyphenylsulfone (PPSU), Polysulfone (PSU)), By Application(Automotive, medical, aerospace, water treatment), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2066 | Region: Global | Published Date: July, 2001
Pages: 157 | Tables: 66 | Figures: 75

Polyarylsulfones Market Insights

Polyarylsulfones Market size was valued at USD 2 billion in 2019 and is poised to grow from USD 2.15 billion in 2023 to USD 4 billion by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).

Polyarylsulfone is an unstructured high-performance thermoplastic with phenyl and biphenyl groups linked by ether and sulfone groups. It can perform better than the designed thermoplastics with regard to thermal resistance, short- & long-term thermal stability.

Due to the excellent chemical resistance and electrical properties, it is mostly utilized in high-intensity light bases, connectors, safety face shield and others. It is mostly utilized in the automobile industry for transmission components, reflectors, and others due to the flabbergasting thermal distortion temperature and excellent lubricants and fuel resistance. It is a family of high-performance thermoplastics consisting of an aryl-SO2-aryl subunit and they are well known for stability & toughness at high level temperature.

Due to the weak fruitful trajectory in the major market, it may face some uncertainty in the global polyarylsulfone market even with the record it had in the past of some steady growth. High-performance thermoplastics processing may block the market growth to some extent.

US Polyarylsulfones Market  is poised to grow at a sustainable CAGR for the next forecast year.

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Polyarylsulfones Market size was valued at USD 2 billion in 2019 and is poised to grow from USD 2.15 billion in 2023 to USD 4 billion by 2031, growing at a CAGR of 7.9% in the forecast period (2024-2031).

polyarylsulfones market provides detailed competitive landscape. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the prominent polyarylsulfones market players are also focussing on concentrating on R&D. 'Solvay SA', 'Sumitomo Chemical Co., Ltd.', 'BASF SE', 'SABIC', 'Quadrant AG', 'RTP Company', 'Westlake Plastics Company', 'Ensinger GmbH', 'Mitsubishi Chemical Advanced Materials', 'Nytef Plastics Ltd.', 'Shandong Horan New Material Co., Ltd.', 'Polymer Industries', 'Plastique GPR', 'Ensinger India Engineering Plastics Private Limited', 'Panjin Zhongrun High Performance Polymer Co., Ltd.', 'Polymer Technology & Services, LLC', 'Röchling Group', 'Ensinger Precision Engineering', 'Goodfellow, Inc.', 'Toray Industries, Inc.'

Preference for light-weight engineering such as trolleys and others, airline interiors in the aerospace industry over metals due to the rising demand for polyarylsulfone because of many advantages such as excellent flame retardant properties, light weight design and high impact strength. This may positively affect to the growth of the polyarylsulfone market.

PAS demand in the aerospace industry is being driven by the increasing lightweight engineering trend over metals. PAS's excellent flame retardant properties entice the aerospace industry to use it for a variety of components. In recent years, the aviation industry has begun to use PAS in the manufacture of trolleys used in airplanes to serve meals and drinks to passengers. The goal of replacing metals with PAS in trolley manufacturing was to cut the weight in half compared to metal versions, because large aircraft use more than 100 such trolleys, so weight reduction adds significant value. PAS, primarily polyether sulfones, are also used in the aviation industry as impact modifiers for epoxy systems.

North America dominated the polyarylsulfones market and accounted for the largest market share in 2021. The region is expected to experience significant growth during the forecast period owing to presence of various healthcare, electronics, and aerospace industries in the region. The U.S., Mexico and Canada are the major contributors to the growth of the market. The demand for polyarylsulfone across the automotive industry in the U.S. is due to the growing production of automobiles.

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Global Polyarylsulfones Market

Report ID: SQMIG15E2066

$5,300
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