Global Polysulfone Resin Market Overview:
The global Polysulfone Resin market is expected to witness high demand in the forecasted period due to rising demand from the various end-user industries. Polysulfones are a family of high-performance thermoplastics. These polymers are known for their toughness and stability at high temperatures. Polysulfone is often used as a copolymer. Recently, sulfonated polyethersulfones (SPES) have been studied as a promising material candidate among many other aromatic hydrocarbon-based polymers for highly durable proton-exchange membranes in fuel cells. Growing applications in medical device & technology applications such as blood filtration membranes, dental instruments, surgical devices, and medium-sized containers emerged as a significant demand driver for the Polysulfone Resin market. Some of the key players profiled in the study are BASF SE (Germany), Solvay Chemical Company (United States), Polymer Dynamix (United States), Quadrant Engineering Plastics Product (Switzerland), NYTEF Plastics LTd. (United States), RTP Company (United States), Sumitomo Chemicals (Japan), SABIC Innovative plastics (Saudi Arabia), Westlake Plastics Company (France) and Ensigner Inc. (United States).
On the basis of geography, the market of Polysulfone Resin 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). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
- The increasing demand due to Polysulfone can be reinforced with glass fibers
- Rising usage in the fuel cells
- Replacement of Conventional Materials
- Increasing usage in the Electronics and Electrical components
- Rising demand for the filtration process in various industries such as medical
- Difficulty in Processing Polyarylsulfones
- The Growing Automotive Industry across the Globe
- Special Attributes of Polyarylsulfones
- High prices of polysulfone led by a complex process of their production
Target Audience:Polysulfone Resin Manufacturer, Polysulfone Resin Suppliers, Distributors, Government Regulatory Bodies, Regulatory Bodies, Private Research Organization and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Polysulfone Resin market on the basis of product [Polysulfone(PSU), Polyarylsulfone(PES), Polyethersulfone and Polyphenylsulfone(PPSU)] , application [Electronics and Electrical, Vehicle Construction, Food Industry, Medical Industry and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Polysulfone Resin market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Polysulfone Resin industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Polysulfone Resin market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.