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10 Topmost Vendors of Polyphthalamide(PPA) Market Size - EMS Chemie Holding AG, DuPont, BASF SE, Solvay S.A., Evonik Industries AG, Arkema S.A., SABIC
Axiom Market Research & Consulting™ added a report on global polyphthalamide (PPA) market. The global polyphthalamide market was valued at USD 789.45 million in 2017, growing at a CAGR of 8.61% for the forecast period 2019 to 2024. The global market is estimated and forecasted in terms of volume (KT) and revenue (USD million) generated by the polyphthalamide (PPA) market.
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The global polyphthalamide (PPA) market is segmented based on type, application and geography. Based on type, the global polyphthalamide (PPA) market is segmented into carbon fibre, glass fibre filled, mineral filled and unfilled. The glass fiber accounted for the largest share in 2017, due to extensive use in automotive, electronics, consumer & personal care, and machinery applications. Based on application, the global polyphthalamide market is segmented into automotive, electrical & electronics, industrial equipment & apparatus, consumer & personal care and others. In 2017, automobiles segment dominated the market and is anticipated to maintain its market hold over the next six years. This segment is witnessing growth owing to rising demand of PPA resins to produce automobile body parts including charge air hoses, heating and cooling systems, and induction systems among others.
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The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the world. In 2017, Asia Pacific dominated the polyphthalamide (PPA) market and is also anticipated to be the fastest growing market during the forecast period. This growth is mainly attributed to intensifying demand of PPA for various applications such as automotive, electronics and electrical and industrial equipment among others. The growth of polyphthalamide in Asia Pacific is followed by the regions of Europe and North America.
The global polyphthalamide (PPA) market is driven by factors such as growing usage of PPA in the automobile and industrial machinery, use of PPA as metal replacement in industrial applications and high penetration of PPA into new application areas.
The leading players the global polyphthalamide (PPA) market are EMS Chemie Holding AG, DuPont, BASF SE, Solvay S.A., Evonik Industries AG, Arkema S.A., SABIC. Other prominent players of the PPA market includes Royal DSM, Celanese Corporation, Mitsui Chemicals, Kuraray Co. Ltd among others.
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Chapter 1 Polyphthalamide (PPA) Market Overview
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