The global polyarylsulfone market size is expected to reach USD 2.36 billion by 2022, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.9% during the forecast period. The growth is primarily attributed to strong demand for PPSU from the dental & medical sector.
Excellent properties such as high thermal and chemical resistance are encouraging widening of product application scope in various industries. Polyarylsulfone is projected to replace polycarbonate and polyamide owing to its properties that are highly desirable from some industries such as electrical/electronics, aerospace, and automotive.
Surging high temperature thermoplastics demand in developing countries including India, China and Taiwan will positively affect global polyarylsulfone market growth over the forecast period. Huge buyers from diversified industries such as automotive, aerospace, medical, food & beverages, healthcare, electric/electronics and construction will lower bargaining power of suppliers.
In terms of prices, PPSU are the most expensive polyarylsulfones in the global market, followed by PEI & PESU. PSU is considered as the cheapest polyarylsulfone globally and on account of its inexpensive nature among all polyarylsulfone, the product is finding applications in medical and aerospace industries. PPSU emerged as the fastest growing product over the forecast period owing to the suitability in various applications.
Full Research Report On Polyarylsulfone Market Analysis: www.grandviewresearch.com/industry-analysis/polyarylsulfones-market
Further key findings from the report suggest:
Browse More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/bulk-chemicals
Grand View Research has segmented the global polyarylsulfone market report on the basis of product, and region:
Polyarylsulfone Product Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2022)
Polyarylsulfone Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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