Polyarylsulfones Market Definition
Polyarylsulphones are commonly also known as PAS. Another name of Polyarylsulphones is 4-Aminosalicylic acid. This component posses exceptional chemical and electrical properties which can be specified by strong chemical resistance along with high dielectric strength. It also provides excellent resistance in hydrolysis and sterilization which is highly demanded in the water treatment and automotive sector. Polyarylsulphones is one of the unique class among Thermoplastic dielectric materials usually stable over -100 to 150-degree Celsius and even extend at maximum temperature. It is highly used in antituberculosis treatment as an antibiotic.
The market study is broken down by Type (Polyphenyle Sulfone (PPSU), Polysulfone (PSU), Polyetherimide (PEI) and Polyethersulfone (PESU)), by Application (Electrical Insulation., Automotive Headlights, Water Fittings, Medical and dental and Aerospace and aircraft) and major geographies with country level splits.
The applications of polyarylsulfones are increasing day by day and simultaneously there is a high demand for production. Limited raw material resource is one of the major disadvantages of manufacturing polyarylsulfones. Even having such hurdles the companies have tough competition to earn the profit .They also take options such as mergers and acquisitions to thrive ina market for a long time.
Hefei TNJ Chemical Industry (China), Emco Chemicals (India), Trident Plastics Inc (United States), Meyer Plastics Inc (United States), Ensinger Inc (Germany), Solvay (Belgium), BASF SE (Germany), Sumitomo Chemical (Japan), SABIC (India) and Quadrant AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Ensinger GmbH (Germany), Polymer Industries (United States), Techmer PM (United States) and RTP Company (United States).
AdvanceMarketAnalytics has segmented the market of Global Polyarylsulfones market by Type, Application and Region.
On the basis of geography, the market of Polyarylsulfones 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). If we see Market by End User, the sub-segment i.e. Automative will boost the Polyarylsulfones market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 24 January 2019 Ensinger acquired Medical Suppliers Moll Engineering. Moll is a privately owned company based in Lubeck manufacturers medical parts from carbon fiber which are re-inforced high-performance plastics stainless steel and titanium. Moll specializes in the production of target-guided devices for trauma surgery, retractors, and other medical instruments. Also, the company produces components for automation technology and aviation. Moll has 70 employees with engineering and sales functions based in Lübeck.
In October 2019, Ensinger showcasing newly developed filaments for the additive manufacturing of 3D micro components with the conductive structure. Besides, the Compounds division is the only manufacturer worldwide to present PEEK LDS compounds approved by LPKF Laser & Electronics AG. MIDs from high-performance plastics, thermally stable and thermally conductive and The demand for 3D circuit carriers (Moulded Interconnect Devices, MID) is not only increasing in the electronics industry. In industry automation, the telecommunications and aerospace sectors and medical technology, individually mouldable, conductive micro-components with high thermal dimensional stability are also needed.
In the United States Chemicals are regulated by the federal government. In 2016 US government pass Lautenberg Chemical Safety for the 21st Century Act (LSCA), which amended the existing US toxic substances control act (TSCA). Manufacturers need to make sure that any chemical they use is on the approved inventory, which is managed by the Environmental Protection Agency (EPA). To date, there have not been any significant changes affecting chemicals used in plastic compounds. Another US government agency, the US Food and Drug Administration (FDA), regulates chemicals in food-contact and medical applications. FDA considers the impact of chemicals on human health. Medical devices are regulated by the FDA.
- The Growing Need For Psu And Its Applications In Oil, Gas, Medical, Biotechnology, And Sanitary Industries
- Increasing Need For Wastewater Treatment
- Highly Recommended Use Of Pei Due To Its Unique And Rare Properties And Increasing Application
- Highly Demanded Due To Good Thermoplastic And Electrical Properties
- Pas Is Majorly Used In Beverages And The Beverages Industry And Wine Industries
- Increased Demand In Medical Devices And Dental Instruments
- Difficulties In Process
- Limited Raw Material Resources To Manufacture Polyarylsulfones
- High-Cost Associated with Compound
- Low Resistance To UV Radiations
Key Target Audience
Chemical Manufacturers, Suppliers/Retailers/Providers, Downstream Vendors, Research Centers, Government Sectors and Investors
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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