Polyphthalamide Market Revenue Analysis, Company Revenue Share, Global Forecast Till 2030

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Polyphthalamide Market Size – USD 1,042.7 Million in 2021, Market Growth – at a CAGR of 6.8%, Market Trends – Increasing demand for polyphthalamide in e-mobility and metal replacement applications

The Global Polyphthalamide market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research. The expansion of the market is driven by higher yields compared to traditional agriculture strategies in restricted land and alternative resources, which has created a profound impact in demand. The Polyphthalamide systems comprise of a mixture of multiple technologies and thus include a particular set of system model.

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
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. U.A.E.
      3. South Africa
      4. Turkey
      5. 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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