Global Sulfone Polymers Market: Strengthening Supply Chains Essential for Uncovering True Growth Potential, Says Tmr

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Sulfone Polymers Market - Global Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Global Sulfone Polymers Market: Strengthening Supply

Chains Essential for Uncovering True Growth Potential, says

TMR

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Sulfone Polymers Market

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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...