Polysulfone Resin Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- Sulfone Polymers are a family of engineering thermoplastic resins characterized by the sulfone [SO2] group. They are a class of thermoplastic polymers, which exhibits high temperature resistance. Sulfone polymers are unique and different from the other thermoplastic materials due to its high hydrolytic stability and ability to achieve transparency.
According to our research and analysis, at present, market concentration in the industry is high. Polysulfone resin market is dominated by Solvay, Basf and Sumitomo. Solvay is the world leader, holding 57.52% production market share in 2017. Limited by technology, China manufacturer's production share is limited. Besides, compared with global famous brand, product in China has lower price and lower visibility. It still need a long time for China manufacturers to enter global market.
Sulfone polymers is wildly used in electronics and electrical, vehicle construction, food industry and medical industry. Globally, this market is mainly driven by growing demand from automotive industry and electronics industry. In 2017, electronics & electrical and vehicle construction separately consumed 27.59% and 20.40% of global total consumption. The global Polysulfone Resin market was 520 million US$ in 2018 and is expected to 700 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2019 and 2025.
This report studies the Polysulfone Resin market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Polysulfone Resin in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Electronics and Electrical
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