Polyphthalamide Market Size And Forecast
The Global Polyphthalamide Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Polyphthalamide Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Polyphthalamide Market was valued at USD 885.61 Million in 2019 and is projected to reach USD 1,515.45 Million by 2027, growing at a CAGR of 7.0% from 2020 to 2027.
What is Polyphthalamide?
Polyphthalamide or PPA is a high heat resistant, semi-crystalline and semi-aromatic polyamide. It is a member of nylon family. Polyphthalamide (PPA) has decent chemical resistance, low moisture absorption, high dimensional stability and excellent mechanical properties. Owing to these properties PPA is idyllic for use in a temperature extreme conditions or chemical environment. PPA is a subset of thermoplastic synthetic resins. Polyphthalamide find wide application in various industries includes electronics and electrical, automotive, consumer & personal care and industrial equipment.
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Global Polyphthalamide Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
High transition and high deflection temperature properties of polyphthalamide (PPA) are projected to upsurge its consumption in production of automotive body-parts and the research and development to replace components in automotive vehicles by light weighting materials is expected to drive the growth of global polyphthalamide market. Stringent regulations forced against the use of lead soldering in electronic components have created new growth opportunities in the global polyphthalamide market. However, higher production costs associated with polyphthalamide may hamper market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Polyphthalamide Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Polyphthalamide Market Competitive Landscape
The “Global Polyphthalamide Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Solvay S.A., Arkema S.A., EMS-Chemie Holding AG, Evonik Industries AG, DUPONT EI DE Nemours & Co., Polyone Corporation, Eurotec, SABIC, Propolymers Inc. and Akro Plastics GMBH. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Polyphthalamide Market, By Product
• Unfilled
• Mineral Filled
• Carbon Fiber Filled
• Glass Fiber Filled
Polyphthalamide Market, By Application
• Automotive
• Electronics & Electrical
• Consumer & Personal Care
• Industrial Equipment & Apparatus
• Others
Polyphthalamide Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
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