Polyphthalamide Market: A Look at the Industry's Current and Future State

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Rising development of bio-based polyphthalamide is a key factor driving polyphthalamide market revenue growth

The Global Polyphthalamide Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Polyphthalamide Market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Polyphthalamide Market industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2022.

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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.

Competitive Outlook:

The global Polyphthalamide market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Polyphthalamide market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Some major companies in the market report include:

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

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Key Benefits of the Report:

Comprehensive analysis of the competitive scenario and its changing dynamics

Analytical data with detailed SWOT analysis and Porter's Five Forces analysis

In-depth 8-year analysis of the Global Polyphthalamide Market

Critical understanding of the key market segments

Comprehensive analysis of the drivers, restraints, trends, and opportunities

Detailed regional analysis and extensive company profiling

Extensive assessment of current and emerging trends of the market

Segments Covered in this report are:

  • 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:

North America (the US, Canada, Mexico)

Europe (the UK, Germany, France, Italy)

Asia Pacific (India, China, Japan, Korea)

Latin America (Brazil, Argentina, Ecuador, Chile)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

Key Questions Answered in the Report:

What will be the estimated growth rate of the Polyphthalamide market by 2027?

Who are the prominent distributors, vendors, and manufacturers of the market?

What are the driving and restraining factors of the growth of the Polyphthalamide market throughout the forecast period?

What are the current and future market trends of the Polyphthalamide market?

What are the sales and price analysis of the product by types, applications, and regions?

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