The global polyphthalamide market size reached USD 1042.7 Million in 2021 and is expected to register a revenue CAGR of 6.8% during the forecast period. Increasing development of bio-based polyphthalamide is a key factor driving polyphthalamide market revenue growth. Bio-based polyphthalamide and other polymers are made from biological sources and it is environment friendly. These types of polymers are widely used for the production of bio-based plastics as a replacement for petroleum-based plastics. Rising adoption of bio-based polyphthalamide prompted various companies to develop and launched this type of product in the market. In July 2019 for instance, DuPont, which is a U.S.-based chemical manufacturing company, introduced a novel bio-based flame retardant polyphthalamide (PPA) chemical for electrical components that is non-halogenated. This compound could replace metals, performance polymers such as liquid crystal polymers, and thermoset polymers in sectors including electronics and automotive.
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The rising demand for polyphthalamide in metal replacement applications is also expected to drive revenue growth of the market. Polyphthalamide is used as a substitute for metal components in the automotive and electronics sectors. The rising trend of lightweight fuel-efficient vehicles creates a huge demand for polyphthalamide for manufacturing automotive components. To meet the demand various companies are introduced polyphthalamide-based products in the market. On 29 April 2021 for instance, Solvay, which is a Belgium-based chemical manufacturer, launched a new series of high-performance polyphthalamide compounds Amodel that is designed for demanding e-mobility and metal replacement applications.
Global Polyphthalamide Market Research Report and Forecast to 2030 is an investigative report providing an extensive study of the global Polyphthalamide Market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Polyphthalamide Market on the global and regional scale, along with a thorough forecast estimation to 2021. The new report is updated with the impact of the COVID-19 pandemic on the Polyphthalamide Market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region.
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Some major companies in the global market report include Ems-Chemie Holding AG, Solvay S.A., Evonik Industries AG, BASF SE, DuPont de Nemours, Inc., Saudi Basic Industries Corporation, Arkema S.A, Ems-Chemie Holding AG, Akro Plastics GMBH, and Avient Corporation.
Emergen Research has segmented the global Polyphthalamide market on the basis of type, application, and region:
Type Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
Unfilled
Mineral-filled
Glass fiber-filled
Carbon fiber-filled
Hybrid
Application Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
Automotive
Industrial Equipment & Apparatus
Personal Care
Electronics & Electrical
Others
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Global Polyphthalamide Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
R&D Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers & Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management
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