April 20, 2020
As per the report titled ‘Polyphenylsulfone Market Size By Form, By Application, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2019 - 2025’ available with Market Study Report LLC, global polyphenylsulfone (PPSU) market is projected to cross USD 505 million by the year 2025.
Rising healthcare concerns coupled with growing demand for biocompatible products is stimulating the growth of global polyphenylsulfone market. Increasing use of these products as an alternative for polyetheretherketone and polyaryletherketone owing to their high sterilization characteristics is enhancing the market growth. High resistance to cleaning agents & solutions and superior dimensional stability are the major factors favoring the use of PPSU in the healthcare sector.
Based on the application spectrum, pipe fittings & plumbing segment is estimated to cross USD 180 million by the end of 2025. Increase manufacturing and constructions activities in developing countries is fueling the demand for PPSU. The material is used for the production of pipe fittings owing to various favorable properties including lightweight, corrosion & chemical resistance, and thermal stability. Moreover, PPSU can precipitate high levels of calcium and magnesium carbonate with ease due to its low surface tension and extended hydrolytic stability.
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Meanwhile, polyphenylsulfone market size from automotive application is anticipated to surpass USD 70 million by the year 2025. The product’s applicability in automobile headlights and fog lamps owing to its high light transmittance characteristics is supporting the product demand in the automotive sector. Moreover, PPSU provides resistance to motor oils due to its high mechanical strength, enhanced electrical insulation, low water absorption, and dimensional stability in temperature range of -50 to 180° Celsius, in turn encouraging the product use in automotive sector. Stringent environmental policies, and consumer demand for high quality products are other factors contributing to the segment growth.
As per the regional analysis, North America polyphenylsulfone market share from baby bottle applications is expected to garner USD 25 million by the year 2025. PPSU meets the food-contact regulations set by the U.S. government agencies, positively impacting the regional market outlook. PPSU bottles possess high thermal stability and withstand recurring steam sterilization cycles. In addition, these bottles are BPA free and do not absorb color or odor. Enhanced safety and ease of use are the key factors supporting the product adoption in the region.
Meanwhile, China polyphenylsulfone sheet market is expected to grow with 11% CAGR through 2024. PPSU sheets are used in airline catering trolleys owing to high sterilization strength and aesthetic properties. These sheets are also utilized in airline interiors due to their compatibility with functional surface coatings. They possess higher chemical resistance as compared to amorphous materials, supporting extensive use of polyphenylsulfone in China’ s huge airline industry.
Major contenders of global polyphenylsulfone market are BASF SE, SABIC, Solvay Chemical Company, Quadrant Engineering Plastics, RTP Company, NYTEF Plastics, Ensinger, Westlake Plastic, Polymix, Strayasys, Rochling, Biesterfeld, Nupi Industrie Italiane S.p.A, and Bay Plastics Ltd.
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