Polyphthalamide (PPA) Resin Market Analysis Focusing on Top Key Players – Evonik, DSM, Akro Plastics GmbH, Arkema, Solvay, DowDuPont, BASF, EMS-Chemie AG

Market Study Report LLC offers 2018 report on Global Polyphthalamide (PPA) Resin market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

The surging demand for electric vehicles would certainly fuel the polyphthalamide resin market share. As per a trusted report, global sales of electric vehicles exceeded a million units in 2017. Moreover, electric vehicle manufacturers are estimated to almost quadruple that figure by 2020. In 2017, the Chinese market emerged as a successful regional contender, strengthening its position in electric vehicle sales. With that being said, the country now is speculatively a larger market for electric vehicles than Europe and the United States combined. This growth is primarily fueled by stringent regulations and lucrative tax subsidies. Polyphthalamide resins are extensively used as components in the automotive applications, therefore, it’s safe to assume that increasing production of electric vehicles will generate a huge product demand, enhancing the polyphthalamide resin market growth.

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The global polyphthalamide resin market is estimated to amass substantial returns over the coming years owing to the increased production of electric vehicles along with the growing adoption of plastics in the automobile sector.

Lately, the automotive industry has started deploying lightweight vehicle parts resulting in the adoption of plastic components in vehicles. Figures by HIS Chemical state that on an average cars will comprise of nearly 350 kg of plastic by the year 2020 thereby augmenting vehicle efficiency and performance. As carbon fiber reinforced polyphthalamide resins are often used in vehicles to improve strength and decrease weight, its increasing demand in the production of lightweight vehicle parts will continue to foster the commercialization potential of the overall polyphthalamide resin market.

Companies in the PPA business are constantly developing innovative products, which will cater to different industries other than the above-mentioned oil & gas, drinking water, medical device materials, and food contact materials industries. The backward integration strategy is expected to increase over the years to achieve cost efficiencies. Arkema has already acquired Ihsedu Agrochem, a subsidiary of Jayant Agro, which is a leading producer of castor oil, a raw material in the production of PPA. Companies are looking for long-term reliable sources of castor oil globally owing to the rise in demand for bio polyamides.

Automotive remains the largest end-user of PPA compounds as it has exceptional strength, stiffness, and heat & creep resistance. Moreover, the properties of compounds are modified by adjusting the percentage of glass fiber, carbon fiber, and minerals in it. The PPA industry is becoming highly competitive in nature and companies are constantly innovating new products. Recently, DSM introduced ForTii, a PPA product line suitable for prolonged elevated temperatures in carburetor housing units. Solvay supplies a wide range of PPA resin products for a wide range of applications, such as electric motors, in fuel cell vehicles among other applications. Evonik has a comprehensive range of PPA, which finds applications in automotive, drinking water grade pipes, and electronics.

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Increasing R&D activities for improved composite materials, the high cost of PPA resins, and the use of traditional oil-based plastics in developing nations will show some adverse impacts on the PPA market, restraining its full growth to some extent over the projected years.

In electronics, LED's reflectors are the single largest application of PPA, which is already being used by Philips in its product line. The use of PPA prevents reflectors from turning yellow over a period due to heat. Flame-retardant PPA also finds applications as connectors for printers and memory card bases. PPA also finds applications in the replacement of traditional brass molded components in drinking water applications.

Vital operating players in the global polyphthalamide market are DSM, Evonik, Dow-DuPont, Akro Plastics GmbH, Arkema, and Solvay.

Polyphthalamide resin market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of volume in tons and revenue in USD million from 2013 to 2024, for the following segments:

Polyphthalamide Resin Market, Product By End-user
• Plain unreinforced
• Automotive
• Electrical & electronics
• Machinery
• Personal care
• Others

Glass fiber reinforced
• Automotive
• Electrical & electronics
• Machinery
• Personal care
• Others

Carbon fiber reinforced
• Automotive
• Electrical & electronics
• Machinery
• Personal care
• Others

Mineral-filled
• Automotive
• Electrical & electronics
• Machinery
• Personal care
• Others

Hybrid
• Automotive
• Electrical & electronics
• Machinery
• Personal care
• Others

Polyphthalamide Resin Market By End-user
• Automotive
• Electrical & electronics
• Machinery
• Personal care
• Others

Table of Contents:

Chapter 1. Methodology and Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Definitions & forecast parameters

1.1.4.1. Definitions

1.1.4.2. Forecast parameters

1.2. Data sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Polyphthalamide resin industry 360 degree synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Product by end-user trends

2.1.3. End-user trends

2.1.4. Regional trends

Chapter 3. Polyphthalamide Resin Industry Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Vendor matrix

3.3.1.1. List of key manufacturers/suppliers

3.3.1.2. List of key/potential customers

3.3.2. Distribution channel analysis

3.3.3. Profit margin

3.3.4. Value addition

3.4. Technology landscape

3.5. Raw material analysis

3.6. Regulatory landscape

3.6.1. U.S.

3.6.2. Europe

3.6.3. China

3.7. Pricing analysis

3.7.1. Regional pricing

3.7.2. Cost structure analysis

3.7.2.1. R&D cost

3.7.2.2. Manufacturing & equipment cost

3.7.2.3. Raw material cost

3.7.2.4. Distribution cost

3.7.2.5. Operating cost

3.7.2.6. Miscellaneous cost

3.7.3. Price by product

3.7.4. Price by end-user

3.7.5. Price by region

3.8. Industry impact forces

3.8.1. Growth drivers

3.8.1.1. Global drivers

3.8.1.1.1. Rise in metal substitute plastics in automotive industry

3.8.1.2. Regional drivers

3.8.1.2.1. Regulations in Europe on CO2 emissions

3.8.2. Industry pitfalls & challenges

3.9. Growth potential analysis

3.10. Patent Landscape

3.11. Porter's analysis

3.11.1. Supplier power

3.11.2. Buyer power

3.11.3. Threat of new entrants

3.11.4. Threat of substitutes

3.11.5. Industry rivalry

3.12. Competitive landscape, 2016

3.12.1. Company Market Share Analysis

3.12.2. Strategic Dashboard

3.12.3. List of Manufacturing Plants

3.13. PESTEL analysis

Chapter 4. Polyphthalamide Resin Market, Product By End-user

4.1. Polyphthalamide resin market share by product, 2016 & 2024

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