Zion Market Research Sulfone Polymer Market, 2015 - 2021 | Page 3

Sulfone Polymer Market
reduce the weight ratio as well as to increase the overall performance and efficiency of the
vehicle is also a vital application responsible for rapid growth of the global sulfone polymer
market. Sulfone polymers are used in various industry manufacturing equipment, coatings,
pipes, and fuel distribution system due to its high-temperature tolerance characteristic. The use
of sulfone polymer in electronics industry due to its high fire retardant property and excellent
electrical property is the major factor responsible for the growth of the market. Constantly
growing demand from various end-users is another factor fostering the growth of the market.
On the other hand, a high cost of end-product is restraining the demand for sulfone polymers
which may impact the growth of the market in a negative way.
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Geographically, North America is dominating the global sulfone polymers market. Europe stands
at second place in the sulfone polymer market ranking. Moreover, Asia Pacific is estimated to
make a rapid growth in the market in future mainly owing to rising electronic industries in
Japan, China, and other regions.
Some of the major players dominating the global sulfide polymer market are BASF SE,
Jinmen Youju New Materials Co., Quadrant AG Ltd., Solvay SA, Solvay Specialty Polymers USA,
LLC, and Sumitomo Chemical Company Limited. Some other players of the market include
Evonik Industries AG, GEHR GmbH, Infinity LTL Engineered Compounds, Ovation Polymers
Inc., Polyone Corporation, RTP Company, Oxford Polymers, and Centroplast Engineering Plastics
GmbH.