Market News
Recent Developments
New product launches
- In January 2022, Solvay launched UDEL P-1700 LCD polysulfone resin for the production of transparent cellphone camera covers with resistance to discoloration at high temperatures. This enables aesthetically appealing mobile device designs with durable lens covers. Solvay Company operates in various sectors, including chemicals and plastics, and is known for providing sustainable solutions through the power of chemistry. It has a strong focus on creating products that improve lives without harming the planet and has a significant global presence Solvay.
- In November 2021, Shandong Horan introduced the super-tough polyethersulfone grades Horan TP20 and TP30 for injection molding of medical devices and orthodontic appliances requiring repeated sterilization. The new grades offer up to 50% higher toughness than standard polyethersulfone. Shandong Horan is a Chinese company that specializes in the research and development, manufacturing, and sale of high-performance engineering plastics. The company produces a range of products, including PEEK, PSU, PES, and PPSU, and modified plastics, which can provide customers with solutions for high-performance applications.
- In October 2020, BASF developed Pocan B3235XT, an ultraflow polyethersulfone for thin wall packaging of food, cosmetics, and pharmaceuticals. It allows faster cycle times, lower temperatures, and up to a 20% weight reduction versus standard grades. BASF operates in various sectors, including agriculture, battery materials, and coatings. It is recognized for its innovative and sustainable solutions in the chemical industry. The company's diverse portfolio and global presence make it a significant player in the market.
Acquisition and partnerships
- In September 2022, Solvay partnered with Multi-Plastics to advance sulfone polymer product development and manufacturing for aerospace applications using 3D printing and composite technology. The collaboration aims to produce lightweight structural components.
- In November 2021, BASF acquired Solvay’s polyamide business, including specialty polyamides and polyethersulfone polymers. The $1.6 Mn acquisition enhances BASF’s product portfolio for key industries, including automotive, electronics, and water treatment.
Figure 2. Global Sulfone Polymer Market Share (%), by Product Type, 2023
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