Global Polysulfone Market Analysis, 2024-2030

Polysulfone is a type of engineering polymer or thermoplastic polymer that possesses high stability as well as greater endurance to high temperatures. Polysulfone also possesses excellent flame retardancy; oxidative stability, high thermal, high resistance to aqueous mineral acids and much more. Polysulfone is widely used to make components for various machines and industrial appliances.

The report on global polysulfone market is a result of 340 hours of primary and secondary research performed by analysts at Market Krystal. As per the report, polysulfone market can be segregated in terms of product and end-user requirement. In terms of product, the market can be divided into three broad categories polyethersulfone (PES), polysulfone (PSU), and polyphenyl sulfone (PPSU), PES being the leading the product globally. These elements can be used in various industries, including foods and processing, machine building, aerospace engineering and much more.

The global polysulfone market has been estimated to be worth US $ XXX billion in 2017 and is expected to grow to US $ XXX billion by 2022, which translates into a CAGR of XX %. The most significant growth driver for polysulfone is its increasing usage in various automotive parts. Rising demand in the filtration process in multiple industries such as food, beverages, and medical sectors has also contributed to a growth in the market of Polysulfone. Other than this, high moldability, high strength, and high stability have led to an increased demand for Polysulfone in electronic, transportation and various other industries.

The main roadblocks to the growth of polysulfone market globally are the risks and challenges involved in the manufacturing process. The process is intricate and hard, and it requires a lot of investment and technical expertise to manufacture these polymers. Apart from this, the increasing changes and modifications in the government regulations make it hard to continue the manufacturing process in many countries.

The primary market segments for polysulfone are North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. As per consumption base, North America and Europe are the leading markets because of newer innovations and technology. During the forecast period, the Asia Pacific market is also expected to increase in size as the developing countries such as India and China will require polysulfone for machines, automation, etc. Other than this, the market in the Middle East and Africa seems to be sluggish as there is not much demand and usage for polysulfone.

The key players in the polysulfone market are Solvay, BASF SE.

Our Approach

The research process at Market Krystal begins with the bifurcation of global polysulfone market into smaller segments, followed by tracking the factors affecting each segment of the market. All types of polysulfone were tracked for different applications in different countries across the globe. The market numbers & insights were validated by involving business leaders from diverse background (Fig.1).

Figure 1 Primary research breakdown

Contents of the report:

• Insight on polysulfone industry dynamics.
• Estimation of the current polysulfone market size in terms of value and volume.
• Market breakup of global polysulfone market based on type, end-use, and geography.
• Substantiated market forecast for each segment of the global polysulfone market for the next five years.
• Detailed analysis of the key companies operating across different nodes of polysulfone industry value chain.