The application prospects of sulfone polymers are promising. At present, my country’s market still relies on imports.
Sulfone polymer is a type of thermoplastic polymer material that has the characteristics of temperature resistance, thermal oxidation resistance, inorganic acid resistance, non-toxic safety, and excellent insulation. With its good performance, sulfone polymer has promising application prospects, but currently due to The production cost is high, and sulfone polymers are mainly used in high-end fields, such as aerospace, medical equipment, electronics, children’s products, automobile manufacturing and other fields.
The three common sulfone polymers currently on the market are polysulfone (PSU), polyethersulfone (PESU) and polyphenylsulfone (PPSU). Polyphenylsulfone is mainly used in high-end plastic baby bottles, drink containers, high-end electronic cigarette shells and other fields. Currently, the amount of polyphenylsulfone used in my country is small. However, with the liberalization of the three-child policy and the upgrading of market demand, the market demand for high-end baby bottles will continue The release of polyphenylsulfone will lead to an increase in demand for polyphenylsulfone. It is expected that polyphenylsulfone will become one of the strongest growing varieties in the sulfone polymer market in the future.
According to the “2021-2026 China Sulfone Polymer Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, Globally, sulfone polymer production capacity is mainly concentrated in North America, Europe, Asia-Pacific and other regions. From a country perspective, the United States, Germany, and South Korea are the world’s three largest sulfone polymer producers. In 2020, the global sulfone polymer market will reach 2 billion yuan. Due to strong downstream market demand, global sulfone polymer production capacity has expanded rapidly, with an average annual compound growth rate of more than 7.5% from 2016 to 2020.
Affected by the COVID-19 epidemic, the sulfone polymer market has shrunk. However, with the recovery of the global economy and the release of market demand, the sulfone polymer market will continue to grow in the future. It is expected that the global sulfone polymer market will remain Growing at an average annual compound growth rate of 6.2%, during this period, the Chinese market is expected to maintain a growth rate higher than the global average.
Before 2010, there were only three companies in the world producing sulfone polymers, and the market was highly monopolized. Later, with the breakthrough of relevant technologies, the number of companies with large-scale production capabilities of sulfone polymers in the world gradually increased. At this stage, there are more than 10 companies in the world. , among which leading companies include BASF of Germany, Solvay of Belgium, Sumitomo Chemical, etc. In the domestic market, sulfone polymer manufacturers include Guangdong Youju Advanced New Materials, Shandong Haoran Special Plastics, Shandong Jinlan Special Polymers, Kingfa Technology, etc. Due to limited domestic production capacity, my country’s sulfone polymers currently still rely on imports, and there is huge room for domestic substitution of sulfone polymers.
Industry analysts said that sulfone polymers have excellent properties and broad application prospects. However, due to high manufacturing costs, sulfone polymers are currently mainly used in in the high-end field. Restricted by factors such as technology and raw materials, my country’s sulfone polymer production capacity is low, and most of it is concentrated in the mid- to low-end fields. The production capacity is far from meeting the growing domestic market demand. Therefore, my country’s sulfone polymers will now be highly dependent on foreign countries. There is broad room for domestic substitution of polymers.