Polyphenylsulfone Market Report

Market Insights

"The Polyphenylsulfone Market was estimated at USD 281.77 million in 2022 and is likely to grow at a CAGR of 9.18% during 2023-2028 to reach USD 480.1 million in 2028".

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Market Dynamics

Introduction

Polyphenylsulfone is an amorphous plastic with a low moisture absorption and a high melting temperature. The material is disinfectant-resistant and it is disinfected using superheated steam. It has heat and chemical-resistant capabilities, allowing it to be used as a replacement for polyamide and polycarbonate.

Market Drivers

The market for polyphenylsulfone has humongous potential owing to its exhibiting properties, variety of applications, and growing market demand. The major attributes that drive the growth of the polyphenylsulfone market are remarkable thermal stability, high heat deflection temperature, superior durability, and good environmental stress cracking resistance. Furthermore, it offers key features such as good chemical resistance, inherent flame retardance, clarity, increased impact strength, and outstanding hydrolysis resistance. On account these characteristics, there are a number of applications where polyphenylsulfone is employed, which augments its market penetration. Also, the increasing demand for plumbing & pipe fittings for the household sector is likely to propel the market growth over the forecast period.  

Segments' Analysis

By Form Type

"The sheet segment is expected to witness significant growth in the market during the forecast period".

• The market is segmented as sheet and rod.
• The sheet segment is expected to witness significant growth in the market during the forecast period. The segment's growth is due to the widespread usage of polyphenylsulfone sheets in medical applications such as the sterilization of hot trays, dental and surgical tools, and food service trays.
• The material protects surgical tools from the detrimental effects of microbes and prevents the spread of fungi that can cause polymer deterioration, boosting the industry's growth.  

By Application Type

"The medical application segment is estimated to account for the major share of the market during the forecast period".

• The market is segmented as pipe fittings & plumbing, medical, automotive, aerospace and baby bottles.
• The medical application segment is estimated to account for the major share of the market during the forecast period on account of the growing geriatric population along with their demand for preventive, restorative and surgical devices for dental care.
• Owing to its strong impact resistance, transparency, design flexibility, remarkable sterilization durability and resistance to cleaning agents and disinfectants, polyphenylsulfone material is used in dentistry and orthopedic equipment, which is likely to favor the product demand.

Regional Analysis

"The market for polyphenylsulfone in North America, led by Canada, Mexico, and the United States, is likely to grow by more than 9% during the forecast period".

• The region’s growth is fueled by increased demand for dental implants and oral procedures, which is expected to be increased by a surge in the older population, number of diabetic patients, and medication. Asia-Pacific and Europe are also expected to offer substantial growth opportunities over the forecast period.

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Key Players

The following are the key players in the Polyphenylsulfone Market (arranged alphabetically).

• BASF SE
• Ensigner Inc.
• Evonik Industries
• NYTEF Plastics Ltd.
• Quadrant Engineering Plastics Product
• RTP Company
• SABIC Innovative Plastics
• Solvay Chemical Company
• Westlake Plastics Company

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Research Methodology

• This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.
• We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation by any one of the form types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.