Polyphenylsulfone Market growth outlook with industry review and forecast 2019-2025
U.S.
polyphenylsulfone market demand from automotive application may witness
significant gains at over 9% during the forecast period. Increasing fuel
prices, environmental concerns awareness in automobile fuel efficiency among
consumers, and increasing demand for lighter automobiles may drive the industry
growth. This material possess lightweight and high strength properties which
may favor the regional industry growth.
Germany
polyphenylsulfone market demand from medical application is anticipated to
surpass USD 8 million up to 2025. Stringent regulatory measures by European
Union regarding medical instruments owing to sterilization standards causing
contamination problems may stimulate market growth. Moreover, rising
technological trends in medicals sector may contribute towards regional industry
growth.
Polyphenylsulfone
Market size is set to surpass USD 500 million by 2025; according to a new
research report by Global Market Insights, Inc. Increasing usage of PPSU in
plumbing & pipe fittings for household sector may drive the overall market.
Polyphenylsulfone market form pipe fittings and plumbing application may
surpass a consumption of 8.5 kilo tons in 2025. They provide resistance to hot chlorinated
water, smooth surface to avert biofilm adhesion and offers a level of hygiene,
thereby driving the market demand.
Changing
consumer preferences towards infant healthcare products will drive the demand
for PPSU market. This product is use in manufacturing baby bottles due to its
softsquare bottle design and reduces excessive air intake, avert infants form
stomach problems, thereby driving the overall polyphenylsulfone industry
growth.
Increasing
government expenditure to improve hygiene conditions in hospitals will boost
demand for medical devices which in turn foster the polyphenylsulfone market.
Moreover, improvement in diagnosis methods, imaging technology in orthopedic
surgery, introduction of new products is likely to boost the market. Growing awareness
regarding diseases transmitted through surgical devices coupled with government
regulation ensuring safety in surgical procedures and instruments is likely to
surge PPSU demand for medical device industry.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/polyphenylsulfone-market
Polyphenylsulfone
(PPSU) market demand for rod was estimated at to surpass at around USD 95
million in 2018. They are widely utilized in manufacturing of medical tool
handles, scissors, forceps, and clamps for various surgical disciplines owing
to slow weight & sterilization resistance. Complex surgical instruments
such as endoscopic probe positioning ferrules are manufactured using PPSU rods,
which may foster the industry growth.
China
PPSU market demand may register significant gains at over 11% by the end of
forecast period. Growing demand for infrastructure industry and replacement of
traditional metal pipes with PPSU pipes, may drive the industry growth. These are also used in
advanced fitting system for water supply in heating, cooling and refrigerating
system. It guarantees an increase of 30% in bore as compared to normal
compression or press fittings and are also used in water with high
concentrations of salt.
Solvay
Chemical Company, Evonik Industries, NYTEF plastics, BASF SE, Rochling, and Bay
Plastics are key industrial participants in polyphenylsulfone market. Companies
are focusing to expand their business by forming partnerships accompanied with
strong focus on research activities to diversify product portfolio.
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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
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Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Polyphenylsulfone Market growth outlook with industry review and forecast 2019-2025
Reviewed by snehal
on
March 15, 2019
Rating:
Reviewed by snehal
on
March 15, 2019
Rating:
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