Industries > Chemicals > Polyarylsulfone (PAS) Market Report 2019-2029

Polyarylsulfone (PAS) Market Report 2019-2029

Market and Volume Forecasts by Product (PPSU (Medical & Dental Instruments, Pipe Fittings & Manifolds, Aircraft Interiors, Wire Insulation and Others), PSU (Electrical & Electronics, Membranes, Plumbing Fittings and Others) and PEI & PESU (Medical, Automotive, Electrical & Electronics, Aerospace and Others) with Regional and National Market Analysis and Financial Analysis of Leading Companies

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The Polyarylsulfone (PAS) Market is expected to reach $4.1 billion by 2029 after growing at a CAGR of 7.5% over the forecast period from 2019-2029. Excellent characteristics such as elevated heat and chemical resistance encourage the expansion of the range of product implementation in different sectors. Polyarylsulfone is expected to replace polycarbonate and polyamide due to its extremely desirable characteristics in certain sectors such as electrical & electronics, aerospace and automotive. Increasing demand for high temperature thermoplastics in developing nations, including India, China, and Taiwan, over the forecast period will have a positive impact on worldwide growth in the polyarylsulfone industry.

It is anticipated that strict regulations will negatively affect the worldwide polyarylsulfone sector. Bisphenol A, the main raw material used in PAS manufacturing, is facing global challenges as it is considered by many nations as a damaging and dangerous component for animals, posing serious threats to human health.

North America is expected to be the largest market for PAS globally. The presence of well-developed and structured thermoplastic sector in conjunction with continuing technical development in main end-use sectors such as the automotive, aerospace, medical and electrical & electronic sectors across the U.S., Canada, and Mexico has a positive impact on market growth across the North America region.

Leading companies featured in the Polyarylsulfone (PAS) Market Report 2019-2029 report include BASF SE, Sumitomo Chemicals Co., Ltd., Saudi Basic Industries Corporation (SABIC), Solvay, Quadrant AG, Ensinger GmbH, Polymer Industries, Techmer PM, RTP Company, Distrupol among others. Mergers, acquisitions, and joint ventures constitute some of the industry players’ common strategies for reducing product price overall and maintaining extremely competitive conditions. In order to guarantee continued raw material supplies and ease of installation services, many actors in the sector create alliances with raw material providers and third-party installers.

The comprehensive report provides market estimates and forecasts for leading domestic markets across the world for the period from 2019 to 2029. In addition, the report includes dedicated leading companies covering 10 leading polyarylsulfone producers.
The report on the Polyarylsulfone Market Report 2019-2029 will appreciate anyone who wants to better understand the market in various end use industries. It will be useful for companies that want to better understand the part of the market in which they are already involved or those that want to enter or expand into another regional or technical part of the polyarylsulfone industry.

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