Polyarylsulfone Market Analysis, Growth, COVID-19 Overview, Demand and Industry Forecast 2023
Polyarylsulfone Market Overview
Polyarylsulfone (PAS) is a high-performance thermoplastic
containing phenyl and biphenyl groups linked by ether and sulfone groups. It
provides more thermal resistance and superior short and long-term thermal
stability than engineered thermoplastics and other superior characteristics
such as high impact & tensile strength, excellent transparency,
lightweight, low moisture absorption, good dimensional stability, excellent
flame retardancy, good hot water, steam, chemical, and stress cracking
resistance, high glass transition temperature (2000C), and low coefficient of
thermal expansion (1200C).
According to a detailed report published by Market Research Future
(MRFR), the global COVID-19 analysis on polyarylsulfone
market has been assessed to reach a significant
market valuation at a steady CAGR over the forecast period of 2018 to 2023.
Polyarylsulfone is extensively used in fields that require safety
and regulatory standards such as aerospace, automotive, and healthcare industry
owing to its superior properties.
Influential factors estimated to drive the market over the
forecast period are the extensive use of polyarylsulfone in industries.
concerned with safety regulation standards such as aerospace, automotive, and
healthcare. Moreover, polyarylsulfone is also used in electrical &
electronics applications such as in circuit breakers, fuse holders, switch
latches, transparent displays, and housing parts of air humidifier & electrical
batteries due to its high impact & tensile strength, lightweight, reduced
creep tendency, and high dimensional stability. in addition, it is used to
manufacture household appliances such as coffee machines, samovars, and pipe
connection fittings due to its high thermal stability, chemical resistance, and
low moisture absorption property. The varied applications of polyarylsulfone
are driving its demand globally, consequently contributing to market growth
over the forecast period.
Polyarylsulfone Market Segmental Analysis
The global polyarylsulfone industry has been segmented based on product type, end-use industry,
and region.
Based on product type, the polyarylsulfone
market demand has been segmented into
polyethersulfone (PESU), polyphenylsulfone (PPSU), and polysulfone (PSU).
Based on the end-user industry, the global market for
polyarylsulfone has been segmented into aerospace, automotive, electrical &
electronics, healthcare, water treatment, and others.
Based on the region, the global polyarylsulfone
market growth has been segmented into North America, Europe, Asia
Pacific, Latin America, and the Middle East & Africa.
Polyarylsulfone Market Key Players
The key players identified in the global polyarylsulfone
market are Ensinger Inc. (U.S.), Polymer Dynamix
Llc (U.S.), Polymer Industries (U.S.), RTP Company (U.S.), Westlake Plastics
Company (U.S.), Solvay SA (Belgium), Quadrant Plastic Composites AG
(Switzerland), BASF SE (Germany), Sumitomo Chemical Company(Japan), and SABIC
(Saudi Arabia).
Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/polyarylsulfone-market-5906
Regional Analysis
North America has been assessed as one of the significant regional
markets for polyarylsulfone and is estimated to show a stable market growth
during the forecast period, owing to factors such as the growing aerospace
industry, electronics industry, and healthcare industry and in the developed
countries such as U.S. and Canada.
Europe is also expected to show a steady market growth for
polyarylsulfone owing to the strong automotive market and growing
microelectronics market in countries such as Germany and the Netherlands.
The Asia Pacific is estimated to be the largest and the fastest
growing market for polyarylsulfone. The demand for polyarylsulfone is projected
to be driven primarily by the huge automobile industry in China, the rising
electrical & electronics industry in countries such as Japan, South Korea,
and Taiwan, and the increasing healthcare industry in India. in addition, rapid
growth in the industrialization and urbanization of these countries is also
likely to influence the demand for polyarylsulfone over the forecast period.
Also, the rising demand for water treatment facilities to ensure safe and clean
water is an additional factor for market growth.
Read more reports at: https://www.marketresearchfuture.com/categories/chemicals-market-report
Read more details at: https://www.marketresearchfuture.com/infographics
Read more details at: https://www.marketresearchfuture.com/videos
NOTE: Our team of researchers are studying Covid19 and its impact
on various industry verticals and wherever required we will be considering
covid19 footprints for a better analysis of market and industries. Cordially
get in touch for more details.
About Market Research Future
At Market
Research Future (MRFR), we enable our customers to unravel
the complexity of various industries through our Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality
market research and intelligence services to our clients. Our market research
studies by products, services, technologies, applications, end users, and
market players for global, regional, and country level market segments, enable
our clients to see more, know more, and do more, which help to answer all their
most important questions.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Comments
Post a Comment