Rising healthcare concerns along with increasing demand for biocompatible products may stimulate market demand. These products are highly used as alternatives for polyetheretheketone & polyaryletherketone owing to high sterilization characteristics. These products are utilized across various segments of healthcare industry owing to high resistance towards cleaning agents & solutions, and high dimensional stability thereby enhancing Polyphenylsulfone Market growth.
China polyphenylsulfone sheet market may expect gains at over 11% by 2024. PPSU sheets are used in airline catering trolleys owing to high sterilization strength & aesthetic properties. These sheets are used in airline interiors owing to the compatibility with functional surface coatings such as scratch proof characteristics. Additionally, these sheets possess high chemical resistance compared to amorphous materials thereby driving the polyphenylsulfone market demand.
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Polyphenylsulfone Market from automotive applications may surpass USD 70 million by the end of forecast period. Changing automotive trends along with stringent environmental policies, technological advancements, and consumer expectations will boost the market for polyphenylsulfone as it is utilized in automotive headlamps & fog lamps owing to its high light transmittance characteristics. Additionally, these products provide resistance to motor oils owing to its high mechanical strength, low water absorption, good electrical insulation and dimensional stability within wide temperature range from -50 to 180 0 Celsius thereby driving industry growth.
North America polyphenylsulfone market from baby bottle applications may exceed USD 25 million by 2025. PPSU is used to manufacture baby bottles owing to high heat tolerance & high durability than polyethersulfone & polypropylene. These bottles have high thermal stability and can withstand repeated steam sterilization cycles. The material also complies with the food-contact regulations set by the U.S. government agencies along with its non-stick surface which ensures ease during breastfeeding thereby enhancing regional market growth. Additionally, PPSU bottles are BPA free & do not absorb color or odor, thereby stimulating market demand.
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Polyphenylsulfone market from pipe fitting & plumbing may surpass USD 180 million by the end of forecast period. Increase in manufacturing & globalization in developing countries will boost the market owing to their use in plumbing applications owing to its light weight, resistance to corrosion & chemicals, and thermal stability. These products can easily precipitate high levels of magnesium & calcium carbonate owing to their low surface tension and long-term hydrolytic stability, thereby driving industry growth.
Major industry participants in polyphenylsulfone market consists of:
- BASF SE
- Solvay Chemical Company
Companies are engaged in expanding their research portfolios by forming strategic agreements & formations along with engaging in social & clinical research to enhance regional growth which may further stimulate industry growth.
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