North America Sulfone Polymers Market to achieve 6.2% growth up to 2024
SELBYVILLE, Del., July 27, 2018 /PRNewswire-iReach/ -- Sulfone polymers market in the region is growing due to increasing application in medical devices and automotive production. United States hold major market share and is one of the fastest growing regions due to high automotive and aerospace production. Moreover, shift in consumption pattern of high performance polymers in several industries will propel market growth.
Global Sulfone Polymers Market size will likely surpass USD 2 billion by 2024; according to a new research report by Global Market Insights, Inc. Sulfone polymers demand is rapidly increasing in aerospace and automotive industries owing to their high-performance properties. These polymers offer higher stability and toughness while operating at higher temperatures. High strength, better flame resistance, thermal stability, and excellent retardancy to oxidation properties make them suitable for aerospace, and automotive applications. Thus, the market will be influenced positively and will further enhance the market growth over the coming years.
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Polyethersulfone segment will grow at a CAGR over 6.5% during the projected period. This product segment will witness a huge demand due to its incredible properties, and application extent over the coming years. The polysulfone product segment is found out to be the second fastest growing segment over the coming years. Regarding both volume, and revenue, the polyethersulfone segment have the major share, and dominates in the overall forecast period.
Medical application segment is having major volume consumption and is forecasted to grow over the coming years. Innovative application of these for manufacturing several medical equipment through design and technology modification is enabling their application in complex devices, in place of traditional materials that will significantly trigger sulfone polymer market demand.
Asia Pacific holds the significant market share in 2016 and will grow at CAGR of over 6.5% till the end of forecast period. Rising consumption in end-user industries, and rapid industrialization in the developing countries of this region will augment the market. Moreover, the Middle East & Africa and Latin America will moderately grow over the forecast timeframe.
Buy this industry insights spread across 280 pages with 319 market data tables & 27 figures & charts from the report, "Sulfone Polymers Market Size By Product (Polyethersulfone, Polysulfone, Polyphenylsulfone), By End-User (Consumer Goods, Electrical & Electronics, Aerospace, Automotive, Medical, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Australia, Indonesia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE, Kuwait), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024" in detail along with the table of contents:
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Leading players operating in the global sulfone polymers market include Specialty Polymers USA, LLC, Sumitomo Corporation, PolyOne Corporation, BASF SE, Sino Polymer, Jiangmen Youju New Materials Co., Ltd., SABIC, Evonik Industries AG, GEHR GmbH., Ovation Polymers.Inc. and Infinity LTL Engineered Compounds.
Partial Chapters of the Table of Contents:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Browse Table of Contents of This Report@ https://www.gminsights.com/toc/detail/sulfone-polymers-market
Chapter 2. Executive Summary
2.1. Sulfone Polymers market 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product by end-user trends
2.1.3. End-user trends
2.1.4. Regional trends
Chapter 3. Sulfone Polymers Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.4. Raw material analysis
3.5. Regulatory landscape
3.5.1. U.S.
3.5.2. Europe
3.5.3. China
3.6. Pricing analysis
3.6.1. Regional pricing
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1 Stringent regulation protecting and maintaining safety at workplace
3.7.2. Industry pitfalls & challenges
3.7.2.1 High production costs and R&D investments
3.7.2.2 Fluctuating raw material costs
3.8. Growth potential analysis
3.8.1. Cost structure analysis
3.9. Porter's analysis
3.10. Competitive landscape, 2016
3.10.1. Strategic dashboard
3.11. PESTEL analysis
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Media Contact: Jignesh Thakkar, Global Market Insights, Inc., +13028467766, [email protected]
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