Polyarylsulfone Market

Polyarylsulfone Market Overview

The market for polyarylsulfones is estimated to be worth US$ 10.34 billion in 2022 and is anticipated to grow at a CAGR of 19.3% to reach US$ 54.49 billion by 2032.

Due to their many beneficial characteristics, including great stability and sturdiness at high temperatures, these thermoplastics are becoming increasingly popular. In addition, they are solvent resistant, lightweight, and dimensionally stable. Due to the existence of all these qualities, polyarylsulfones are being used more frequently than their alternative counterparts, such as metals and compounds.

The chemical and electrical properties of polyarylsulfone (PAS), which include excellent chemical resistance and high dielectric strength, are outstanding. The application of PAS is expanding, especially in the water treatment and automotive industries, thanks to its remarkable resistance to hydrolysis and frequent sterilization.

The increasing demand for high-performance thermoplastics from various end use industries including medical devices, automotive, electrical & electronics, aerospace, etc. is driving the growth of polyarylsulfone market. Polyarylsulfone are thermally stable amorphous thermoplastic containing phenyl and biphenyl groups linked by ether and sulfone groups.

Polyarylsulfones are resistant to high temperature, are dimensionally stable, has good impact strength and are solvent resistant, this makes Polyarylsulfones a popular choice for headlights & interior reflectors, fuse encapsulation, aircraft parts, pump impellors, and other application where dimensional stability at high temperatures is extremely important.

Polyarylsulfones are preferred over metals & alloys due to their comparatively lighter weight and high temperature resistance. Besides automotive and electronics, polyarylsulfones have specialized applications in metrology, fuel cells and production of high performance membrane. The market for high temperature thermoplastics is vastly fragmented, but the ongoing product innovations are anticipated to create growth opportunities for polyarylsulfones over the forecast period.

Market Drivers

The market being investigated is driven primarily by the automobile industry's rapidly expanding need for polyarylsulfone. On the other hand, the market's expansion is being hampered by strict laws regarding the hazardous nature of raw materials and negative circumstances brought on by the COVID-19 outbreak.

• Over the course of the projection period, there will likely be varied chances for market expansion due to the growing demand for polyarylsulfone as a membrane in water treatment facilities.
• Over the projected period, the market under study is anticipated to be dominated by polyarylsulfone from the automotive industry.
• Recognizing the New Technology and Growing Demands
• The aerospace industry is moving away from using metals in favor of lightweight engineering, such as trolleys and other items, airline interiors, due to the rising demand for polyarylsulfone, which has many benefits including excellent flame-retardant properties, light weight design, and high impact strength.
• Due to the Asia-Pacific region's rapid population growth over the years, including countries like India, China, and others, there is a rise in the disposal of polyarylsulfone due to its many advantages, as mentioned above; as a result, it is estimated the market will grow during the prediction period.
• The increased preference for lightweight engineering over metals is what is driving the demand for PAS in the aircraft industry. Because PAS has good flame-retardant characteristics for a variety of components, the aerospace industry is attracted to it. In recent years, PAS has started to be used in the production of the trolleys that airlines use to serve food and beverages to customers. As there are more than 100 of these trolleys used by large aircraft, this suggests that weight reduction adds significant value.

The objective of replacing PAS for metals in the manufacture of trolleys was to reduce their weight by half compared to their metal equivalents. PAS, especially polyether sulfones, are also used as impact modifiers for epoxy systems in the aviation sector.

Growth is driven by rising demand from the medical technology sector

In addition to being impermeable and resistant to disinfectants, cleaning solutions, and various solvents, polyarylsulfone has a decreased water absorption rate. It is also clearer, sturdy, and rigid, and can resist more than 1,000 rounds of steam sterilization without losing any of its qualities. It also provides greater electrical insulation. The usage of polyarylsulfone in a variety of medical applications, including X-ray machines, dental applications, orthotics, sterilization cases and trays, single-use equipment, hemodialysis membranes, and implantable devices, has expanded as a result of these and other advantages. The market for polyarylsulfones around the world is expanding as a result of these causes.

Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Restraints

The high cost of polyarylsulfone in contrast to conventional engineered thermoplastics and regular thermoplastics is anticipated to restrain the market's expansion. Furthermore, it is anticipated that processing challenges associated with high-performance thermoplastics may partially restrain expansion.

Polyarylsulfone Market Trends and Uses

Demand for membranes in the global polyarylsulfone (PAS) market is regarded as a key market driver. All end-use sectors are being driven by the medical sector in terms of membrane demand, which is expected to increase the need for polyarylsulfone globally over the forecast period. Membranes are helpful in blood filtration systems in the medical field.

Membranes are used in the food and beverage sector for improved and high-quality filtration. The demand for advanced filtration is being driven by shifting consumer demands for high-quality and hygienic products, which is in turn driving up PSU demand in the membrane manufacturing industry. PAS is extensively used in the beverage sector to produce juices and wine, and in the food industry for the manufacture of a variety of cereals, including corn and dairy products. Additionally, strict emission rules and ongoing environmental issues are driving up the need for membranes in the industry by boosting the requirement for wastewater treatment.

Rising mining activity is a significant driver behind the growth of the global polyacrylamide (PAS) market. Polyacrylamide is used to flocculate the wastewater generated by mining operations. The growth of the mining sector is predicted to propel demand for polyacrylamide.

Polyacrylamide is frequently used in mining processing and mineral treatment in order to recover minerals from mineral ore. Additionally, flocculants are used to treat the effluent from mineral processing that is produced by the mining channels throughout the mining process.

Due to its characteristics, polyarylsulfone is predicted to replace thermosets, metals, and glass. Additionally, PAS possesses remarkable chemical and electrical qualities, including better chemical resistance and dielectric strength, as well as strong dimensional stability, superb transparency, and other characteristics. They can also offer improved resistance to repeated sterilization and hydrolysis.

Due to its great thermal distortion temperature and superior lubricant and fuel resistance, polyarylsulfone is frequently used in the automotive sector for oil pumps, reflectors, connectors, oil control pistons, bezels, transmission components, housings, and flapper valves. Additional advantages over thermosets for the automotive application field include considerable design freedom for smaller car lighting and the capacity for direct metal plating.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Sign-Up

Asia Pacific Region to Dominate the Market

During the projected period, the Asia Pacific region is anticipated to lead the polyarylsulfone market. The demand for polyarylsulfone in this region is anticipated to increase as a result of the automotive and aviation industries in growing nations like China, Japan, and India.

In the Asia Pacific region, polyarylsulfone is produced in large quantities. The top producers of polyarylsulfone are, among others, BASF SE, Solvay, SABIC, Mitsubishi Chemical Advanced Materials, and Sumitomo Chemical Company.

China's demand for polyarylsulfone is rising as the country's civil aviation fleet expands. The market for polyarylsulfone in the Asia-Pacific region is anticipated to expand as a result of the causes.

Polyarylsulfone Market: Drivers and Restraints

Versatility of application as compared to other engineering plastics makes polyarylsulfone market opportunistic. The growth of polyarylsulfone market is primarily driven by demands from medical device, automotive and electrical & electronics industries.

Polyarylsulfones product group comprises Polysulfone (PSU), Polyethersulfone (PESU), and Polyphenylsulfone (PPSU), all of these are relatively similar concerning their application industries, but are quite different from each other chemically. The ongoing product innovations has amplified use of polyarylsulfones in special applications for various sectors such as defense, aerospace, etc.

PPSU and PSU are expected to create strong growth opportunity over the forecast period with their increasing use in military applications and fitting. However, despite steady growth in the past, uncertainty exists in the global polyarylsulfone market due to weak economic growth trends in major markets across the globe. 

Polyarylsulfone Market: Region-wise Outlook

The Global polyarylsulfone market has been segmented into seven key regions which includes North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. North America dominates the global polyarylsulfone market in terms of consumption with U.S. being the major contributor.

The U.S. polyarylsulfone market is driven by high demands from medical and automotive industry. Europe is anticipated to be the second largest market in terms of consumption over the forecast period. Asia Pacific is expected to be the next big market for polyarylsulfone after Europe and is anticipated to be the fastest growing over the forecast period.

Polyarylsulfone Market: Key Players

The Key players identified in the global polyarylsulfone Market are:

• BASF SE
• Solvay Chemical Company
• SABIC Innovative plastics
• Ensigner Inc.
• Sumitomo Chemicals
• Quadrant Engineering Plastics Product
• NYTEF Plastics Ltd.
• Polymer Dynamix
• Westlake Plastics Company

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Polyarylsulfone Market: Segmentation

The Global Polyarylsulfone Market is segmented as follows:

On the basis of type:

• Polysulfone
• Polyethersulfone
• Polyphenylsulfone

On the basis of application:

• Medical Devices
• Automotive
• Electrical & Electronics
• Aerospace
• Others (Defense, Household products, etc.)