Polyarylsulfone is a thermally steady shapeless thermoplastic containing phenyl and biphenyl bunches connected by ether and sulfone groups. Polyarylsulphones are a group of thermoplastic, amorphous, and polar polymers. They have high stability and strength even at high temperatures. Polyarylsulfones are resistant to high temperature and are dimensionally steady, they have excellent strength and are also resistant to solvent. These properties coupled with their light weight and high temperature protection render polyarylsulfones preferable over other metals and compounds. The market for high temperature thermoplastics is fragmented; however, the ongoing innovations are expected to create growth opportunities for the polyarylsulfone market during the forecast period.
The polrarylsulfone market is driven by the versatility of application of polyarylsulfone as compared to other engineering plastics. The polyarylsulfone market is primarily driven by demand from the medical device, automotive, and electrical & electronics industries. Continuous product advancements have boosted the usage of polyarylsulfone in special applications for different segments such as defense, aviation, fitting, etc. However, despite steady growth in the past, uncertainty exists in the global polyarylsulfone market due to the weak economic growth trends in the major countries across the globe, which is a restraint for the polrarylsulfone market.
Applications of polyarylsulfone include medical devices, automotive, electrical & electronics, aerospace, etc. Polyarylsulfone is a popular choice for headlights and interior reflectors, fuse encapsulation, aircraft parts, pump impellors, and other applications where dimensional stability at high temperatures is extremely important. Polyarylsulfone also has specialized applications in metrology, fuel cells, and production of high performance membrane.
The global polyarylsulfone market can be segmented on the basis of products such as polysulfone (PSU), polyethersulfone (PESU), and polyphenylsulfone (PPSU). They are relatively similar with respect to their application industries; however, they are chemically different from each other. Polysulfone is mostly used in applications which requires continuous high temperatures together with the usual requirements of high mechanical stability and stiffness. Polysulfone is a light amber amorphous structure, it enables transmission of light and has high dimensional stability and good hydrolysis resistance. Like polysulfone, polyethersulfone is an amorphous transparent plastic with a light yellowish color. Its properties are similar to those of polysulfone, although polyethersulfone exhibits a higher impact strength and better chemical resistance. Its toughness and firmness are high and its scratch sensitivity is low. It also has higher chemical resistance, particularly to cleaning and disinfecting agents, and a low rate of water absorption, which makes it suitable for applications involving superheated steam sterilization. Other noteworthy properties of polyethersulfone are its good dimensional stability and excellent resistance to high-energy radiation.
In terms of geography, the polyarylsulfone market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. North America dominates the global polyarylsulfone market in terms of consumption with the U.S. being the major contributor. The polyarylsulfone market in the U.S. is driven by high demand from the medical and automotive industries. Europe is anticipated to be the next leading market in terms of consumption during the forecast period. Asia Pacific is expected to follow Europe to become a rapidly expanding market for polyethersulfone during the forecast period.
Key players operating in the global polyarylsulfone market are BASF SE, Solvay SA, Saudi Basic Industries Corporation SJSC, Ensigner Inc., Sumitomo Chemical Co Ltd, Nytef Plastics Ltd., Polymer Dynamix LLC, and Westlake Plastics Company, Inc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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