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Transparency Market
Research
Sulfone Polymers Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2016 - 2024
Published Date
15-Nov-2016
114 Page Report
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Press Release
Global Sulfone Polymers Market: Strengthening Supply
Chains Essential for Uncovering True Growth Potential, says
TMR
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Sulfone Polymers Market
REPORT DESCRIPTION
Sulfone Polymers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024
The global sulfone polymers market features a markedly high level of consolidation, with the top two vendors,
namely Solvay S.A. and BASF SE, accounted for nearly 80% of the overall market in 2015, observes a recent
report by Transparency Market Research. It has also been observed that the demand for sulfone polymers is
largely surpassing the supply on a global level. Thus, developing a strong supply chain and expansion of
production units could be an excellent strategy for companies wishing to make a mark in this bullish
marketplace.
Leading vendors are actively looking for enhancing their distribution channels through agreements with
established distributors. The distribution agreement signed by Solvay Specialty Polymers with Biesterfeld
Plastic GmbH in 2015 for the distribution of Solvay’s sulfone polymer grades in Scandanavia and Finland is a
fine account of Solvay’s attempt to exploit this opportunity.
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Transparency Market Research estimates that the global sulfone polymer market was valued at US$805.4 mn
in 2015 and is projected to reach US$1,394.7 mn by 2024, expanding at a CAGR of 6.4% from 2016 to 2024.
In terms of product types/grades of sulfone polymers, the PSU segment generated...