Key Players : SE (Germany), Solvay Chemical Company (U.S.), Sumitomo Chemicals (Japan), SABIC Innovative plastics (Saudi Arabia), Quadrant Engineering Plastics Product (Switzerland)
(PRWEB) April 01, 2015
The report Polyarylsulfone Market, defines and segments the market with analysis and forecasting of the market size.
Browse 88 Market Data Tables and 67 Figures spread through 189 Pages and in-depth TOC on “Polyarylsulfone Market".
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Polyarylsulfone market is expected to reach 72.90 KT by 2020 signify firm annualized growth of 6.06% between 2015 and 2020.
North America is the biggest market of Polyarylsulfone:
Increasing per capita consumption in economies with rapidly rising GDP such as of China and Southeast Asia is driving the demand of polyarylsulfone in segments such as automotive, medical, and mechanical engineering. China, Japan, South Korea and Taiwan are the major markets in the region. U.S. is the leading country and is among the fastest growing market in the region and across the globe in terms of consumption and in terms of value.
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Polysulfone is the biggest and fastest growing market among various types of polyarylsulfones:
PSU is cheaper in comparison to other polyarylsulfone, so is used majorly in every end-user industry. Polysulfone has the biggest market share in the global polyarylsulfone market in 2013.
Among the various end-user industry of polyarylsulfone, the medical industry is the biggest end-user industry. Polyarylsulfone are widely used in this industry because of it high heat and chemical resistance. Other major application of polyarylsulfone includes aviation, sanitary and military.
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Polyarylsulfone market is expected to grow at a CAGR of 8.88% from 2015 to 2020. At the estimated growth rate, the market is expected to be worth $860.57 Million in 2015 and reach $1317.09 Million in 2020.
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