Polyphthalamide - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Polyphthalamide Market is accounted for $930.05 million in 2019 and is expected to reach $1,866.83 million by 2027 growing at a CAGR of 9.1% during the forecast period. Growing demand from the automotive industry, rising demand in the electrical and electronics industry are the major factors propelling the market growth. However, high cost of raw materials is hampering the market growth.
Polyphthalamide (PPA) is a high heat resistant, semi-crystalline and partly aromatic polyamide. It has high dimensional constancy, superior chemical resistance, little moisture absorption and tremendous mechanical properties. Due to these qualities PPA is ideal for use in high temperature conditions or in a chemical environment. It is a subset of thermoplastic synthetic resins.
Based on the application, the automotive segment is estimated to have a lucrative growth due to polyphthalamide-based materials are extensively used for manufacturing different structural parts, fuel system components (such as fuel rails, flanges, fuel line connectors), cooling and heating system components. By geography, Asia Pacific is likely to have a huge demand due to rising automotive production and sales from different countries, such as India, Japan, and China. Growing R&D activities in the automotive industry are also expected growth for the Polyphthalamide market in these regions.
Some of the key players profiled in the Polyphthalamide Market include Akro-Plastic GMBH, Dupont Ei De Nemours & Co, Solvay S.A, Evonik Industries AG, Arkema S.A, Polyone Corporation, Sabic, Eurotec, Propolymers Inc, EMS-Chemie Holding AG, Mitsui Chemicals and BASF.
• Carbon Fiber Filled
• Glass Fiber Filled
• Mineral Filled
• Amorphous PPA
• Semi-crystalline PPA
• Industrial Equipment & Apparatus
• Fuel Line Connectors
• Coolant Pumps
• Medical Equipment
• Oil and Gas Supply Line
End Users Covered:
• Electrical and Electronics Industry
• Personal Care
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
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• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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