Polyphthalamide Market Revenue, Region, Country, and Segment Analysis & Sizing For 2021

The Polyphthalamide Market report covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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, according to a latest analysis by Emergen Research. 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 major companies Covered in the report are:

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, Others.

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.

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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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Regional Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019–2030)

North America

U.S.
Canada
Mexico

Europe

Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe

Asia Pacific

China
India
Japan
South Korea
Rest of APAC

Latin America

Brazil
Rest of LATAM

Middle East Africa

Saudi Arabia
U.A.E.
South Africa
Turkey
Rest of MEA

Radical Features of the Polyphthalamide Market Report:

The report encompasses Polyphthalamide market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Polyphthalamide industry

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