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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Polyarylsulfone Market: By Product, Polysulfone and Polyethersulfone ), By End User and Geography
Polyarylsulfone (PAS) Market size was valued at US$ 3.5 billion by 2029, growing at a significant CAGR of 7.6% during the forecast period 2023-2029. Some of the key factors influencing the market include growing demand for membranes from crucial end-use industries, replacement of conventional materials, strong demand for PPSU from the dental & medical sector and lightweight together with outstanding flame retardant characteristics of PAS. However, high cost and difficulty in processing the high-performance thermoplastics are few factors hindering the market growth. In addition, high growth in emerging economies provide huge growth opportunity for the market. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global polyarylsulfone (PAS) market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
For Instance, In June 2014, Biesterfeld Plastic GmbH and Solvay Specialty Polymers Italy S.p.A. agreed on a distribution agreement for the distribution of Udel PSU, Polysulfones Radel PPSU and Veradel PESU in Finland and Scandinavia by Biesterfeld Nordic AB located in Malmo, Sweden.
Study Period
2024-2030Base Year
2023CAGR
7.6%Largest Market
Asia-PacificFastest Growing Market
North America
Polyarylsulfone is a thermally stable shapeless thermoplastic containing phenyl and biphenyl bunches associated by ether and sulfone groups. They have high stability and strength even at high temperatures. They are a group of amorphous, thermoplastic, and polar polymers. Polyarylsulfones are resistant to high temperature and are dimensionally steady, they have excellent strength and are also resistant to solvent. The rising demand from the medical technology industry is one of the primary factors that will have a positive impact on this markets growth in the coming years. There is a growing demand for high-performance thermoplastics from the medical sector. The usage of polyarylsulfone in several medical devices and instruments such as X-ray machines, gamma machines, dental and surgical equipment, orthopedic equipment, and sterilization trays, will be a major factor contributing to the growth of this market in the coming years.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2029 |
US$ 3.5 billion |
Market CAGR |
7.6% |
By Product Type |
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By End-user |
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By Region |
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Asia-Pacific holds highest share in 2022.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key Market Players