Global Polypthalamide (PPA) Market

Polyphthalamide (PPA) is a polyamide that is extremely heat soluble, semi-crystalline, and partly aromatic. It has high dimensional stability, good tolerance to contaminants, poor absorption of moisture, and excellent mechanical properties. PPA is suitable for use in high-temperature pressures or in a chemical setting because of these characteristics. Increased deflection as well as high transition temperature properties of PPA projected to increase its consumption in the manufacture of automotive body-parts, in turn driving the global polypthalamide market growth. Government policies aimed at lowering automotive emissions have forced automakers to take measures for increasing the average fuel economy of vehicles.

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The global polyphthalamide (PPA) market is currently witnessing high growth and is projected to rise with a CAGR of 9.9% from 2019 to 2025, with the market to reach a revenue of USD 1,565.2 million by 2025. Increase in the demand from electronics & electrical segment is expected to drive the market growth.

Due to its superior properties, polyphthalamide has been found to have extended the working life of components along with weight loss, contributing to better fuel consumption. PPA with filler material is, however, primarily used for high-end applications due to its higher manufacturing costs, and is yet to become common in the mass uses of the commodity. Due to its long range of applications in fuel lines, LED headlights, wire casings, gas pipes, toothbrush and hairbrush bristles, sports goods, metal replacement, catheter tubes, electrical insulation, buttons, fuel line connections, fuel modules, pump wear rings, car engine bobbin parts, coolant pumps, bushings, the global polyphthalamide market is growing and will continue to grow.

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The polyphthalamide industry, led by growth in the automotive and electrical and electronics industries, is increasing at a substantial pace. The rise of polyphthalamide use globally is motivated by research and development to replace parts in automotive vehicles with lightweight materials. Furthermore, it is simple to shape these resins, making production much smoother and highly effective. Growing commodity use in automotive manufacturing over traditional metals will help the growth of the global polyphthalamide market during the projected timespan. Compared to their contemporaries, these products have increased operating capacity and addressed the technical shortcomings of existing versions.

Key players in the polyphthalamide market are: Solvay S.A, PlastiComp, Inc., Eurotec Muhendislik Plastikleri San ve Tic. A?, Propolymers, Inc., BASF SE, Arko-Plastic GmbH, EMS-CHEMIE HOLDING AG, Evonik Industries AG, DuPont EI De Nemours & Co., Polyone Corporation, and SABIC.

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Key segments of the global polyphthalamide (PPA) market

Type Overview, 2015-2025 (Kilo Tons) (USD Million)

Carbon Fiber Filled
Glass Fiber Filled
Mineral Filled
Unfilled

Application Overview, 2015-2025 (Kilo Tons) (USD Million)

Automotive
Electronics & Electrical
Industrial Equipment & Apparatus
Consumer & Personal Care

Regional Overview, 2015-2025 (Kilo Tons) (USD Million)

North America
U.S.
Canada
Europe
Germany
France
U.K.
Rest of Europe
Asia Pacific
China
India
Japan
Rest of APAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Rest of MEA

What does the report include?

The study on the global polyphthalamide (PPA) market report covers key dynamic factors such as drivers, restraints, and opportunities and their penetration across geographies
Additionally, the global market size has been comprehensively studied using value chain analysis, regulatory scenario analysis, and Porter’s five forces model
The study covers market estimates segmented on the basis of type, application, and geography. Moreover, the study also provides market analysis across key geographies.
Market sizes and forecast have been provided for all the above-mentioned segments. PPA market study also includes the profiles of key companies operating in the market with a significant global, regional and local presence.

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