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Polyphthalamide Resin Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Polyphthalamide Resin Market
Polyphthalamide Resin Market Size, Growth Rate, And Forecast
The global polyphthalamide resin market size is expected to grow from $1.99 billion in 2022 to $2.14 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global polyphthalamide resin market size is expected to reach $2.89 billion in 2027 at a CAGR of 7.9%.
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Polyphthalamide Resin Market Drivers
The rising demand for personal care products is expected to propel the growth of the polyphthalamide resin market going forward. Personal care products are consumer products that are used for personal hygiene, grooming, and attractiveness. As polyphthalamide resin is a high-performance resin it is used in medical applications such as tubing for catheters, toothbrush bristles, and personal care items as they have improved chemical resistance, sensitivity to moisture absorption, and dimensional stability.
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Polyphthalamide Resin Market Segments
• By Product: Unreinforced Plain, Glass Fiber Reinforced, Carbon Fiber Reinforced, Mineral-Filled, Hybrid
• By End User: Automobile, Electrical And Electronics, Machinery, Personal Care
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the polyphthalamide resin market.
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Polyphthalamide Resin Market Key Players
Major competitors in the polyphthalamide resin market include BASF SE, Arkema S.A., Akro-Plastic GmbH, DuPont de Nemours Inc., Ems-Chemie Holding AG, Royal DSM N.V., RTP Company Inc., DOW Inc., Saudi Basic Industries Corporation.
The Business Research Company's "Global Polyphthalamide Resin Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Polyphthalamide Resin Market Include:
1. Executive Summary
2. Polyphthalamide Resin Market Characteristics
3. Polyphthalamide Resin Market Trends And Strategies
4. Polyphthalamide Resin Market - Macro Economic Scenario
5. Polyphthalamide Resin Market Size And Growth
……
26. Africa Polyphthalamide Resin Market
27. Polyphthalamide Resin Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polyphthalamide Resin Market
29. Polyphthalamide Resin Market Future Outlook and Potential Analysis
30. Appendix
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