USD 2.1 billion
Global Polysulfones Market Size, Share, Growth Analysis, By Application(Circuit, Wires and Cables), By End use(Electronics, Automobile) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2140 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
66 |
Figures:
75
Global Polysulfones Market Insights
Global Polysulfones Market size was valued at USD 2.1 billion in 2019 and is poised to grow from USD 2.21 billion in 2023 to USD 3.29 billion by 2031, growing at a CAGR of 5.1% in the forecast period (2024-2031).
Polysulfones are becoming popular since they are resistant to degradation from hot water and steam vanities often used in medical and food preparation applications where repeated sterilization is required.Polysulfone can also be utilized as an alternative to polycarbonate or acrylic for application requiring high temperature performance and exposed to water and steam.
The main characteristics of polysulfone are it is strong semi transparent plastic, resists hydrolysis when exposed to hot water or steam, Strong and stiff, can be used at higher temperatures than acrylic or polycarbonate and mainly it is thermoformable. It is widely used in medical instrument components, manifolds, medical trays, autoclavable instruments and trace.Polysulfone Polycarbonates and acrylics offer similar strength and rigidity properties. However, although Polysulfones are inherently transparent, they often have a slight amber hue for purely optical application. Polycarbonates or acrylic have greater clarity and are often preferred over Polysulfones.enable their customers to manage all .
US Polysulfones Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Circuit
Fastest Growth
Circuit
Growth Rate
5.1% CAGR
Global Polysulfones Market ($ Bn)
Country Share for North America Region (%)
Global Polysulfones Market By Type ($ Bn)
Global Polysulfones Market By Type (%)
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Global Polysulfones Market Segmental Analysis
Global Polysulfones market is segmented on the basis of application,end use and region. By application, the Polysulfones Market is segmented into Circuit, Wires and Cables, Motor-Ray Machines, Others. By end use, the Polysulfones Market is segmented into Electronics, Automobile, Aerospace, Medical Equipment, Renewable Energy. By region, the Polysulfones Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Polysulfones Market Analysis by End use
By End use, the global market is divided into many segments such as Electronics, Automobile, Aerospace, Medical Equipment, Renewable Energy. Medical Equipment held the largest global Polysulfones market share due to the wide range of benefits provided by Polysulfones in it. Due to the rise of disease, there is a need in healthcare industry for major technological advancement and innovation.Therefore.Phones, which can be sterilized in superheated steam and still retain its transparency and mechanical properties, are used in the manufacturing of several medical components and devices such as membranes for dialyser, sterilizing boxes, infusion equipments, instruments, parts for instruments,surgical theater, luminaries, reusable syringes and secretion bottles.
Global Polysulfones Market By Type, 2019 (%)
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Global Polysulfones Market Regional Insights
Globally, Asia Pacific is estimated to hold the highest global Polysulfones market share. Main factors during this growth period are the presence of top market players, increasing demand, favorable properties and others.
Above all, Asia Pacific is expected to grow fastest during the forecast period. The reason for the same is increasing acquisition of Polysulfones technology in the region of Asia Pacific and mainly in China and Japan. Penetration of mobile phones in Asia Pacific has doubled in the last few years which is to drive the market. In addition, various manufacturers are investing heavily in order to provide polysulfones at an affordable price to the consumers, which is likely to boost the demand for Polysulfones in the region.
Global Polysulfones Market By Region, 2024-2031
- Largest
- Fastest
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Global Polysulfones Market Dynamics
Polysulfones Market Drivers
Rise of Electronics to Bolster Market Growth
- One of the major factor which is driving the polysulfone market is increasing usage of electronics like cellular phones, televisions and other appliance.The increasing focus on the use and demand of durable, lightweight and cost effective metal alternatives to be used as crucial automobile components is to increase and fuel economy and on the other hand is expected to drive the future market.Moreover, the demand of polysulfone pizza also raised for the manufacturing of consumer good like coffee machines, juice mixer grinders.
Polysulfones Market Restraints
Environmental Concerns to Hinder Market Growth
- One of the major factor that is having negative impact on the growth of polysulfone market age is a shift of the world from the plastic usage.As plastic takes more time to decompose in the soil compared to other materials, it can be harmful and not be a sustainable choice.Due to this negative impact of plastic, there are several stringent government regulations, presence of alternative solutions and fluctuation in the raw material prices that is causing major restraint the growth of market.
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Global Polysulfones Market Competitive Landscape
Competition in the global Polysulfones market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of applications compatible with Polysulfones will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years.
Polysulfones Market Top Player’s Company Profiles
- Solvay S.A.
- Sumitomo Chemical Co., Ltd.
- BASF SE
- SABIC
- PolyOne Corporation
- Quadrant AG
- Mitsubishi Chemical Holdings Corporation
- Ensigner, Inc.
- Evonik Industries AG
- RTP Company
- Polymer Industries
- RTP Company
- PlastiComp, Inc.
- Techmer PM
- Ensinger GmbH
- Zhejiang Sumika Chemical Industry Co., Ltd.
- Jiangmen Youju New Materials Co., Ltd.
- Shanghai PRET Composites Co., Ltd.
- Shandong Horan New Material Co., Ltd.
- Jushi Group Co., Ltd.
Polysulfones Market Recent Developments
- In December 2021, Toray Industries, Inc. announced that it had developed FILTRYZER HDF, Japan’s first polymethyl methacrylate (PMMA) hollow fiber membrane-based hemodiafiltration device.
Global Polysulfones Key Market Trends
- Due to the rise of disease, there is a need in healthcare industry for major technological advancement and innovation.Therefore.Phones, which can be sterilized in superheated steam and still retain its transparency and mechanical properties, are used in the manufacturing of several medical components and devices such as membranes for dialyser, sterilizing boxes, infusion equipments, instruments, parts for instruments,surgical theater, luminaries, reusable syringes and secretion bottles.
Global Polysulfones Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global Polysulfones market analysis, the global market is estimated to have significant growth during the forecast period because of the benefits it consists such as they are resistant to degradation from hot water and steam vanities often used in medical and food preparation applications where repeated sterilization is required.Polysulfone can also be utilized as an alternative to polycarbonate or acrylic for application requiring high temperature performance and exposed to water and steam. Polysulfones will enable devices, mainly medical devices to be more convenient for their users.
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 2.1 billion |
| Market size value in 2031 | USD 3.29 billion |
| Growth Rate | 5.1% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Polysulfones Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Polysulfones Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Polysulfones Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Polysulfones Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Polysulfones Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Polysulfones Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Polysulfones Market Report Snapshots
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