Polyarylsulfones Market Trends

Polyarylsulfones Market size was valued at USD 2.3 billion in 2023 and is poised to grow from USD 2.48 billion in 2024 to USD 4.6 billion by 2032, growing at a CAGR of 8.0% during the forecast period (2025-2032).

Global 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 S.A. (Belgium) ', 'BASF SE (Germany) ', 'Evonik Industries AG (Germany) ', 'SABIC (Saudi Arabia) ', 'Celanese Corporation (USA) ', 'Arkema S.A. (France) ', 'Eastman Chemical Company (USA) ', 'Mitsubishi Chemical Corporation (Japan) ', 'Toray Industries, Inc. (Japan) ', 'Ensinger GmbH (Germany) ', 'RTP Company (USA) ', 'Westlake Plastics Company (USA) ', 'Victrex PLC (UK) ', 'LG Chem (South Korea) ', 'Atul Ltd. (India) ', 'Ensigner Inc. (USA) ', 'Engineered Polymers (India) Pvt. Ltd. (India) ', 'MG Polyplast Industries Pvt. Ltd. (India) ', 'Vapi Products Industries Pvt. Ltd. (India) ', 'Merck KGaA (Germany)'

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 global 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 global 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.