The Global Polyphthalamides Market 2019-2023 Research Report provides idealistic and determined details of the Polyphthalamides Market, that assist you in promoting ideas with research-based factors. It offers in-depth data, refines variations of the worldwide Polyphthalamides market to help you in deciding the final strategy. The report features a thorough outlook of the market considering profitability, attractiveness, revenue, and CAGR.
The Polyphthalamides Market Research Report also focuses on leading industry Manufacturer with information such as company profiles, products, and services offered financial information throughout 2019 – 2023
- Sabic innovative plastics
- EMS Chemie Holding AG
- Solvay S.A.
- Polyone Corporation
- Propolymers Inc.
- Akro Plastics GMBH
- TER HELL Plastic GMBH
- Witcom Engineering Plastics B.V.
- Zhejiang NHU Special Materials Co.
- Celanese Corporation
- E-Polymers Co. Ltd.
- Ecomass Technologies
- Lehmann & Voss & Co.
- Techmer ES
- Ovation Polymers
The Polyphthalamides Market Report offers an accurate financial assessment of each leading Competitor based on their business data that includes estimation of gross margin, Polyphthalamides Market sales volume, profitability, pricing erection, product value, cost structure, revenue, and growth rate.
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Summary of Polyphthalamides Market:
The global polyphthalamide market has been estimated at USD 815.66 million in 2017 and is projected to reach USD 1167.22 million by 2023. Polyphthalamide (PPA) is a semi-crystalline, aromatic polyamide. It is a high-performance polyamide. It is stronger, stiffer, more heat-resistant and less sensitive to moisture as compared to conventional polyamide. It also possesses significant chemical, fatigue, and creep resistance. Moreover, it is known to resist infrared soldering environments, unlike many other resins. Owing to its excellent physical, thermal, and electrical properties, PPA finds wide range of applications in different end-user Industries. Some common applications include, automotive motor bobbin parts, fuel line connectors, and coolant pumps, as well as bushings and bearing pads in aircraft engines. PPA is also used for pump wear rings in the oil & gas and energy industries.
On the basis of end-user industry, the market is segmented into automotive, electrical & electronics, industrial, oil & gas, healthcare, personal care, etc. In terms of consumption, the automotive sector is currently the major consumer of polyphthalamide resins, followed by the electrical & electronics sector.
Increasing Demand from Automotive Industry
In the automotive industry, PPA finds applications in automotive components, such as motor bobbin parts, fuel and coolant lines, fuel cut-off valves, coolant pumps, and air coolers, amongst others. In the electrical & electronics industry it is commonly used in connectors, switches, and for electrical insulation in cables and wires. Expansion in the automotive sector, along with introduction of lightweight vehicles is the key driving force popularity of polyphthalamide resins. The market is also driven by its growing demand in the electrical & electronics industry. In addition, for rising growing substitution of metal with polyphthalamide in various applications is also expected to boost the growth of the market. Furthermore, the increasing usage of bio-based PPA and escalating demand for fuel-efficient and lightweight vehicles across the world will offer numerous opportunities for the growth of the global polyphthalamide market.
Asia-Pacific to Dominate the Market Growth
The market has also been geographically segmented into Asia-Pacific, North America, Europe, South America, and Middle East & Africa. In terms of consumption in 2017, APAC led the market with a share of more than 35%. Asia-Pacific is also expected to witness the fastest growth due to high concentration of electronics manufacturers, where companies are focusing toward using plastic construction materials to reduce the vehicle weight, as well as system costs. Due to rising population and improvement in the financial status of consumers, the purchasing power of the middle-class consumers has increased, which, in turn, is increasing the demand for automobiles in the Asia-Pacific region. This is making the region an area of immense potential and opportunities. However, the volatility in raw material prices in the region has considerably hindered the growth of this market.
Major Players: DowDuPont, DSM, Arkema, Evonik, Sabic Innovative Plastics, and Solvay S.A., amongst others.
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Reasons to Purchase this Report:
The Polyphthalamides Market 2019-2023 Analysis objectives of the report are:
- To analyze Polyphthalamides Market regarding growth trends, anticipation and also their participation in the entire sector.
- To equitably share in-depth info regarding the vital elements influencing the increase of industry (growth capacity, probability, drivers and industry-specific challenges and risks).
- To know the Polyphthalamides Market by distinguishing its many sub-segments.
- To examine and study the market size (volume & value) from the company, essential regions/countries, products and application, background information from 2013 – 2019 and also prediction to 2023.
- To profile the Leading players in the industry and analyze their growth plans.
- To venture the amount and value of sub-markets, depending on key regions.
- Primary worldwide Antifouling Paints and Coatings Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis, and development plans next coming years.
- To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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The growth of this market worldwide is subjected to various factors; including consumer world-class Polyphthalamides Market of many Polyphthalamides Market products, inorganic company growth models, price volatility of raw materials, product innovation along with economic prospects in both producer and consumer countries.
In conclusion, Polyphthalamides Market report presents the descriptive analysis of the parent market based on elite players, present, past and futuristic data that will serve as a profitable guide for all the Polyphthalamides Market competitors.
Mr. Ajay More
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