Report

Global Sulfone Polymers Market Size study, By Product (Polyether sulfone, Poly sulfone and Polyphenyl sulfone), By End-User (Consumer Goods, Electrical & Electronics, Aerospace, Automotive, Medical & Industrial) and Regional Forecasts 2020-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Sulfone Polymers Market is valued approximately USD 981 Million in 2019 and is anticipated to grow with a healthy growth rate of more than USD 6.13 % over the forecast period 2020-2027. Sulfone Polymers are strong and rigid plastic materials which remain transparent during high temperatures i.e., even over 204C. They offer high heat resistance, thermal stability and oxidation resistance to various electrical & electronics products such as printed circuit boards, aircraft radomes, connectors and terminal blocks. Their characteristics such as hydrolytic stability, transparency, and heat absorbing benefits have made them ideal choice for medical and food application. Also, it is known for its toughness, low and resistant properties which is suitable for industrial applications where high dimensional stability is highly recommended. Growing trend of replacing the metal with less-weight engineering materials in aerospace industry will significantly drive this market. The demand for sulfone polymers from automotive and aerospace industries is highly increasing. Due to its high thermal stability against hydrolysis, sulfone polymers are used in several medical applications that involve sterilization and autoclave For Instance, As per the survey conducted by World Health Organization in 2019 , the demand for medical instrument has increased in the last two years due to the increase in diseases as a result ,the demand for medical products will surge increasing demand for sulfone polymers .However, stringent government regulations regarding the use of BPA in some industry verticals impedes the growth of the market over the forecast period of 2020-2027. Also, Opportunity is the growing pace of industrialization and automotive sector . This will result in the growth of sulfone polymers market for the forecast period.

The regional analysis of global Sulfone Polymers market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is a major regional market in terms of consumption and production. Sulfone polymers demand in the region is largely from aerospace and automotive applications . Whereas, Asia pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing sulfone polymers demand in automotive, electronic components, and aircraft applications would create lucrative growth prospects for the Sulfone Polymers market across Asia-Pacific region.

Major market player included in this report are:
Evonik Industries
GEHR GmbH
Infinity LTL Engineered Compounds,
Ovation Polymers Inc.
Baden Aniline and Soda Factory
Jinmen Youju New Materials Co.
Quadrant AG Ltd.
Solvay SA
Specialty Polymers
Sumitomo Chemical Company Limited.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Polyethersulfone(PES)
Polysulfone (PSU)
Polyphenylsulfone(PPSF)
By End-User
Consumer Goods
Electrical & Electronics,
Aerospace

Automotive
Medical & Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027

Target Audience of the Global Sulfone Polymers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors