Polyarylsulfones are amorphous high-performance thermoplastics that have inherent flame resistance, high strength, excellent hydrolytic resistance, exceptional stiffness, and outstanding chemical resistance. These plastics are used in medical, automotive, defense, electrical or electronics, mechanical, and other applications.
Market Analysis and Insights: Global Polyarylsulfones Market
Due to the COVID-19 pandemic, the global Polyarylsulfones market size is estimated to be worth US$ 2062.3 million in 2022 and is forecast to a readjusted size of US$ 2902.2 million by 2028 with a CAGR of 5.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Polysulfone accounting for % of the Polyarylsulfones global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
Currently, the North America is the biggest market of polyarylsulfone, which had more than 33.0% of the total market size in terms of value and consumptions in 2017. U.S. dominates the polyarylsulfone market in the region and had the maximum market share in 2017. Asia-Pacific is the fastest growing polyarylsulfone market, followed by RoW having the smallest polyarylsulfone market size. Asia-Pacific polyarylsulfone market is expected to be the largest market for polyarylsulfone in 2023.
Global Polyarylsulfones Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyarylsulfones Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Polysulfone
Polyethersulfone
Polyphenylsulfone
Segment by Application
Automotive
Electrical & Electronics
Mechanical Engineering
Medical
Others
By Company
BASF
Ensinger
Solvay
Sumitomo Chemicals
SABIC
Quadrant Engineering Plastic
Polymer Industries
Westlake Plastics Company
Polymer Dynamix
Mitsubishi Chemical Holdings Corporation
RTP Company
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina