About Polysulfone Resin
The global Polysulfone Resin market is expected to witness high demand in the forecasted period due to rising demand from the various end-user industries. Polysulfones are a family of high-performance thermoplastics. These polymers are known for their toughness and stability at high temperatures. Polysulfone is often used as a copolymer. Recently, sulfonated polyethersulfones (SPES) have been studied as a promising material candidate among many other aromatic hydrocarbon-based polymers for highly durable proton-exchange membranes in fuel cells. Growing applications in medical device & technology applications such as blood filtration membranes, dental instruments, surgical devices, and medium-sized containers emerged as a significant demand driver for the Polysulfone Resin market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Polysulfone Resin market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF SE (Germany), Solvay Chemical Company (United States), Polymer Dynamix (United States), Quadrant Engineering Plastics Product (Switzerland), NYTEF Plastics LTd. (United States), RTP Company (United States), Sumitomo Chemicals (Japan), SABIC Innovative plastics (Saudi Arabia), Westlake Plastics Company (France) and Ensigner Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Polysulfone Resin market by Type (Polysulfone(PSU), Polyarylsulfone(PES), Polyethersulfone and Polyphenylsulfone(PPSU)), Application (Electronics and Electrical, Vehicle Construction, Food Industry, Medical Industry and Other) and Region.
On the basis of geography, the market of Polysulfone Resin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
Influencing Trend:
Increasing usage in the Electronics and Electrical components and Rising demand for the filtration process in various industries such as medical
Market Growth Drivers:
The increasing demand due to Polysulfone can be reinforced with glass fibers, Rising usage in the fuel cells and Replacement of Conventional Materials
Challenges:
High prices of polysulfone led by a complex process of their production
Restraints:
Difficulty in Processing Polyarylsulfones
Opportunities:
The Growing Automotive Industry across the Globe and Special Attributes of Polyarylsulfones
Key Target Audience
Polysulfone Resin Manufacturer, Polysulfone Resin Suppliers, Distributors, Government Regulatory Bodies, Regulatory Bodies, Private Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.