Polyphenylsulfone Market Size

Polyphenylsulfone Market Size

Polyphenylsulfone (PPSU) Market size was over USD 270 million in 2018 and may expect volume consumption to surpass 25 kilo tons up to 2025.  

Growing ageing population, with increasing cases of cardiovascular diseases which require various medical instrument is likely to drive polyphenylsulfone market demand. Global medical devices market size was valued at over USD 360 billion in 2017. Medical devices are used in dental instruments, medium sized containers and surgical devices, thereby driving the industry growth.   

Increasing demand for PPSU material in passenger car segment owing to reducing metal weight content which increases fuel efficiency may stimulate polyphenylsulfone market demand. Global passenger cars sale was valued at over 78 million units vehicles in 2018. It is used in cooling water & oil circuits in vehicle electrics and manufacturing automobile headlights, may favour PPSU industry growth.

Global car production was valued at over 81 million units in 2018. PPSU material is used in car manufacturing owing to its superior properties including high durability, thermal stability, inherent flame retardancy, and transparency which may favour the industry growth.

Growing consumer consciousness towards safe and durable baby feeding bottles may drive the polyphenylsulfone market. Global demand for baby feeding bottles was valued at over USD 2.5 billion in 2017. PPSU is used in baby bottles manufacturing owing to its superior optical properties, high temperature resistance, and is suitable for food contact, which may foster the market demand.