Polyarylsulfone Market 2018 to 2023 Booming Trends, Share, Growth & Forecast

Posted by Priya on August 22nd, 2018

Polyarylsulfone Market Overview to 2023

Polyarylsulfone (PAS) is amorphous high-performance thermoplastics containing phenyl and biphenyl groups linked by ether and sulfone groups. It offers more thermal resistance and superior short and long-term thermal stability than engineered thermoplastics. It can withstand long-term service temperature of up to 1500C and short-term temperature of 2500C.

Key Players

Some of the major players operating in the global polyarylsulfone market are Solvay SA (Belgium), BASF SE (Germany), Sumitomo Chemical Company. (Japan), SABIC (Saudi Arabia), Quadrant Plastic Composites AG (Switzerland), Polymer Industries (U.S.), Westlake Plastics Company (U.S.), Polymer Dynamix Llc (U.S.), Ensinger Inc. (U.S.), and RTP Company (U.S.).

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Intended Audience

• Polyarylsulfone manufacturers
• Traders and distributors of polyarylsulfone
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratory

It offers several other desirable characteristics such as high impact & tensile strength, lightweight, excellent transparency, low moisture absorption, good dimensional stability, good flame retardancy, high glass transition temperature (2000C), low coefficient of thermal expansion (1200C), and good hot water, steam, chemical, and stress cracking resistance.

Furthermore, it is used in the automotive industry to manufacture headlamp reflectors, cooling water and oil circuits, in-vehicle electrics (housing and connectors), and transmissions due to its high thermal stability, dimensional stability, lightweight, and impact & tensile strength. The use of polyethersulfone membranes for ultrafiltration of water is expected to gain a considerable share of the market over the forecast period due to its variable pore size, high flow, chemical resistance, and excellent sterilizability. Moreover, polyarylsulfones are used in electrical & electronics applications such as in switch latches, fuse holders, circuit breakers, transparent displays, housing parts of air humidifier & electrical batteries due to its lightweight, high impact & tensile strength, reduced creep tendency, and high dimensional stability. Furthermore, it is used to manufacture household appliances such as coffee machines, samovars, and pipe connections fittings due to its high thermal stability, chemical resistance and low moisture absorption property.

However, the high cost of polyarylsulfone over conventional engineered thermoplastics and standard thermoplastics is expected to hamper the market growth. Furthermore, difficulty in processing the high-performance thermoplastics is also expected to restrict the growth to some extent during the assessment period.

Market Segmentation

The global polyarylsulfone market is segmented by product type, end-use industry, and region. On the basis of the product type, the global polyarylsulfone market is segmented into polysulfone (PSU), polyethersulfone (PESU), and polyphenylsulfone (PPSU). On the basis of the end-user industry, the global polyarylsulfone market is segmented into automotive, healthcare, aerospace, water treatment, electrical & electronics, and others. On the basis of the region, the global polyarylsulfone market is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

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Regional Analysis

North America is one of the major markets for polyarylsulfone and is expected to show a steady demand during the forecast period 2017-2023. Growing healthcare industry, electronics industry, and aerospace industry in the U.S. is expected to drive the growth of the North America polyarylsulfone market. Europe is also expected to show steady demand for polyarylsulfone due to strong automotive market and growing microelectronics market in Germany. The Middle East & Africa market is expected to show rising demand for polyarylsulfone over the forecast period. However, the demand is relatively stagnant compared to other regions. Latin America is expected to show moderate demand for polyarylsulfone due to its water treatment application over the forecast period.