Sulfone Polymer Market Poised to Expand Substantially Due to Growing Demand from Medical Industry
Sulfone polymers have superior properties like high heat resistance, hydrolytic stability, and chemical resistance making them suitable for various applications. They are primarily used in aerospace applications to manufacture lightweight components in commercial aircraft and rockets due to their high-temperature resistance. The global Sulfone Polymer Market is estimated to be valued at US$ 2.65 Bn in 2023 and is expected to exhibit a CAGR of 9.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased demand from the aerospace industry remains a key driver accelerating the growth of the sulfone polymer market. Sulfone polymers are extensively used for manufacturing different components of aircraft like fuselage, wings, engine exhaust ducts, and more due to their strength and heat resistant properties. They provide durability and safety in extreme temperatures and reduce the overall weight of ai...