Global Polyphenylsulfone Market: Overview
Polyphenylsulfone
is a high performance thermoplastic, or a type of moldable plastic, typically
used in various end-use industries such as automotive, aerospace, medical,
household/food technology, and electrical & electronics. Chemically,
polyphenylsulfone consists of aromatic rings linked by sulfone (SO2) groups and
is produced by the condensation of 4,4'-bis(chlorophenyl)sulfone with various
bisphenols such as 4,4'-bis(4-hydroxyphenyl)sulfone. Polyphenylsulfone polymers
offer better impact and chemical resistance and high tensile strength as
compared to their counterparts such as polysulfone (PSU) and polyetherimide
(PEI). Polyphenylsulfone also provide high heat resistance and excellent
hydrolytic stability. They are widely utilized in various applications such as
automotive & aircraft interior, medical devices, hot water fittings,
sanitary & plumbing, dental & surgical instruments, and 3D printing
devices.
Based on
color, the global
polyphenylsulfone market is segmented into opaque and transparent. The
opaque segment is further split into grey, black, red, orange, yellow, green
and others. The transparent segmented is further sub-segmented into blue and
black. Rising demand for medical and dental cases, trays, lids, instruments,
and devices is expected to fuel the demand for polyphenylsulfone. In terms of
end-users, the market is segmented into medical, automotive, automobile,
sanitary, and electrical. Currently, the medical & healthcare sector is the
leading consumer for sulfone polymers, which in turn is boosting the
polyphenylsulfone market. However, end-user applications such as filtration
membrane and electrical sockets and trays in automotive and automobile sector
expected to become attractive application segment during the forecast period.
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Rising emphasis
on reducing metal weight in order to increase fuel efficiency and reduce
emissions in automotive and aerospace sectors is a key driver for the
polyphenylsulfone market. Potable water as well as sanitary & plumbing
applications are some of the lucrative application segment of the market due to
its extraordinary characteristic features such as outstanding biocompatibility,
lack of toxicology concern in contact with drinking water, and resistance to
hydrolysis and chlorine and calcium deposits. All these factors are driving the
polyphenylsulfone market during the forecast period. Polyphenylsulfone is quite
expensive as compared to other thermoplastics due to its high cost of
production, which is anticipated to hamper the demand for polyphenylsulfone in the
near future. However, rising demand for blended polymers with improved
characteristic features is expected to provide lucrative opportunity to
polyphenylsulfone manufacturers.
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Geographically,
the market for polyphenylsulfone can be segmented into North America, Asia
Pacific, Europe, Latin America, and Middle East & Africa. In North America,
the U.S. was the leading consumer of polyphenylsulfone in 2016; however, Asia
Pacific is expected to surpass North America in terms of consumption of
polyphenylsulfone during the forecast period. Rapid industrialization coupled
with the rise in automotive and medical sectors in Asia Pacific is boosting the
market. China is anticipated to be a major consumer of polyphenylsulfone during
the forecast period. Countries such as India, South Korea, and Japan are
witnessing strong growth in the region due to the rise in consumer spending on
quality products and high government spending on electrical vehicles. The
market in Europe is projected to expand at a moderate pace during the forecast
period due to expansion of the automobile industry in the region. The market in
Middle East & Africa and Latin America is projected to expand at a sluggish
pace. However, capacity expansion by major companies coupled with strong brand
promotion and product awareness is expected to boost the market in the region.
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Key
players operating in the global polyphenylsulfone market are BASF SE, Solvay
Chemical Company, Sumitomo Chemicals, SABIC Innovative plastics, Quadrant
Engineering Plastics Product, NYTEF Plastics Ltd., Polymer Dynamix, RTP
Company, Westlake Plastics Company, and Ensigner Inc.
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