Glass fiber, due to its stiffness and strength and high heat resistance over a wide temperature range, is widely used in various end-use industries.
Based on product type, the global polyphthalamide market is categorized into Carbon Fiber Filled, Glass Fiber Filled, Mineral Filled, and Unfilled. In 2017, the glass fiber-filled segment accounted for the highest share of the market pie of more than 70% in terms of value, and it is also projected to be the fastest-growing segment. With its low moisture absorption and heat resistant properties carbon fiber segment was gaining momentum and is projected to grow at a higher CAGR from 2018 to 2026. It accounted for the second largest share of the global PPA market in 2017. On the other hand, mineral-filled and unfilled types are projected to lose some of their market shares to the segment mentioned above.
The paints & Coatings industry is expected to register the highest CAGR in upcoming years.
Polyphthalamide (PPA) have used in various industries. The study covers the application of PPA in automotive applications, electronics & electrical applications, industrial applications, and consumer & personal care applications (hair dryer bristles, styling brushes, toothbrush bristles, etc.). In 2017, automobiles segmented dominated the market, accounted for more than 45% share of the market in terms of revenue, and is projected to maintain its dominance during the forecast period of 2018 to 2026. The segment has witnessed substantial growth owing to rising demand for polyphthalamide (PPA) resins for the production of body parts of the automobile, such as cooling and heating systems, induction systems, and charge air hoses, among others. Furthermore, all the applications are divided into sub-segments as follows.
Automotive Application
Structural parts
Fuel System Components (flanges, fuel rails, fuel line connectors)
Cooling and Heating System Components (thermostat housings, oil filter housings, turbocharger air coolers)
Others (gear wheels, sensors, solenoids, motor end caps, housings, electronic connectors, high-temperature switches, etc.)
Electronics & Electrical Application
Led and Other optoelectronic devices
SMD and SMT Electronic Components
Home Appliances Components
Cellular Phone, Tablet, Laptop Components
Others (switches, circuit breakers, etc.)
Industrial Application
Lawn and Garden Equipment
Machine/Mechanical Parts
Oil & Gas Applications
Others (power/other tools, valves/valve parts, medical equipment, etc.)
Asia Pacific dominated the global polyphthalamide (PPA) market and is expected to maintain its pole position in upcoming years.
In the base year 2017, Asia Pacific dominated the global PPA market and accounted for more than 35% revenue share of the global market. This growth is mainly attributed to rising demand from various end-use sectors such as electronics and electrical, industrial equipment, and automotive, among others. The Asia Pacific is also projected to be the fastest-growing market. The Asia Pacific was followed by North America and Europe. Both these economies are projected to witness substantial growth rates during the forecast period of 2018 to 2026. Europe, Eastern Europe offers huge potential owing to the rise in vehicle production. Demand for lightweight materials in the automobile industry has led to strong market growth for PPA in the region.
Highly fragmented market owing to the presence of various large and small-scale companies.
The global polyphthalamide (PPA) market is highly fragmented owing to the presence of various large and small companies. Arkema Group, Arko-Plastic GmbH, BASF SE, DuPont EI De Nemours & Co., EMS-CHEMIE HOLDING AG, Eurotec Mühendislik Plastikleri San. Ve Tic. A.Ş., Evonik Industries AG, PlastiComp, Inc., Polyone Corporation, Propolymers, Inc., SABIC (Saudi Arabia Basic Industries Corporation), and Solvay S.A are a few key players operating in the global polyphthalamide (PPA) market.
Report Scope
The report enlightens the thorough outline of the global polyphthalamide (PPA) market by categorizing the market into different segments given below:
Polyphthalamide (PPA) Market, by Product Type Segment (2016–2026) (Kilo Tons) (US$ Mn)
This research report describes leading continents and their major countries, along with profiles of key players operating in the overall market and their planned developments. Our report further defines the overall market dynamics, such as drivers, challenges, and opportunities prevalent in the market, to understand the global polyphthalamide (PPA) market more explicitly. Our in-depth quantitative and quantitative analysis of each segment up to the country level highlights revenue pockets and investment opportunities in the market.
Frequently Asked Questions :
The market for Polyphthalamide (PPA) is expected to reach US$ XX Bn in 2026.
The Polyphthalamide (PPA) market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2018-2026.
The base year of this report is 2021.
BASF SE, Arkema Group, Arko-Plastic GmbH, DuPont EI De Nemours & Co., EMS-CHEMIE HOLDING AG, Evonik Industries AG, Eurotec Mühendislik Plastikleri San. ve Tic. A.Ş., Polyone Corporation, SABIC (Saudi Arabia Basic Industries Corporation), Solvay S.A, PlastiComp, Inc. are some of the major players in the global market.
