openPR Logo
Press release

Global Polyphthalamide Market Reflecting a CAGR of 5.6% by 2024

Polyphthalamide Market

Polyphthalamide Market

According to the latest report published by Persistence Market Research titled, “Global Market Study on Polyphthalamide: Carbon Fiber Filled Product Type Segment Forecast to Witness Relatively High Growth Rates Through 2024 ,” The global polyphthalamide market is expected to increase at a value CAGR of 5.6% over the forecast period 2016–2024. The global consumption of polyphthalamide was pegged at 164.8 kilotons in 2015 and is projected to increase at a CAGR of 4.3% over the forecast period, to reach 240.2 kilotons by the end of 2024.

Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/4341

Global polyphthalamide market dynamics

Polyphthalamide (PPA) is a high engineering plastic that possesses high deflection temperature and exhibits excellent dimensional stability, low moisture absorption, and can operate efficiently when exposed to high temperatures for longer durations. All these properties make polyphthalamide a very good choice for the production of automobile body-parts such as air induction systems, air cooler housings, charge air hoses, resonators, etc.

Regulatory compliances mandating the use of lead-free soldering in electronic products create a favorable environment for PPA producers. Increasing government legislations to reduce vehicle emissions have forced manufacturers to introduce more fuel efficient vehicles. Engine downsizing and overall car weight reductions have been emerging as a key means to increase the vehicle fuel economy. Due to its superior characteristics, polyphthalamide can increase the working lifespan of components used in high-temperature air induction applications. This, in turn, is expected to boost the demand for polyphthalamide in the automotive industry.

Use of polyphthalamide in the electrical and electronic component manufacturing industry enables the production of high-quality products that can withstand high temperatures without the use of lead in the soldering process. Such components include connectors, micro-sensors, micro-switches, and assembling of circuit boards using surface mount technology among others. Polyphthalamide also offers good flame retardant properties. Government regulations on the use of halogenated flame retardant plastic grades is another factor expected to propel the demand for polyphthalamide in the electrical and electronic industry.

Global polyphthalamide market forecast

The carbon fiber filled segment by product type which is estimated to account for 13.9% market share by 2016 end, is expected to gain 140 BPS in overall market share by the end of the forecast period owing to increasing adoption of carbon fiber reinforced PPA resin used as lightweight replacement for metals in luxury and super luxury cars.

The electricals and electronics segment by end-use industry is expected to lose 140 BPS between the years 2016 and 2024, accounting 26.1% market share, to be valued at US$ 299.1 Mn by the end of 2016. Growing requirements such as miniaturization, weight savings and higher performance in smaller and more compact assemblies drive the demand for PPA based resins in electronics applications. The industry equipment segment is also expected to lose 100 BPS between the years 2016 and 2024, owing to a sluggish growth during the forecast period.

Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/polyphthalamide-market/toc

Asia Pacific is expected to register the faster growth among all other regions of the global polyphthalamide market. The APAC region is anticipated to strengthen its market value share from 27.8% in 2016 to 29.7% by 2024 end, gaining 190 BPS. China is a major consumer of PPA resins. However, the polyphthalamide market in the country is mainly characterized by organic growth strategies adopted by international producers in order to strengthen their market foothold. North America is expected to witness significant growth and is estimated to expand at a CAGR of 4.6% during the forecast period, owing to the increasing consumption of PPA based resins in the automotive and transportation industry.

To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/4341

Global polyphthalamide market: Top market companies

Some of the companies profiled in the global polyphthalamide market report are Techmer Engineered Solutions, Evonik Industries, LLC, Solvay S.A., BASF SE, Arkema Group, EMS-CHEMIE HOLDING AG, SABIC, E. I. du Pont de Nemours and Company, Nagase America Corporation, and PlastiComp Inc.

About Us

Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Polyphthalamide Market Reflecting a CAGR of 5.6% by 2024 here

News-ID: 510333 • Views: 265

More Releases from Persistence Market Research Pvt. Ltd

Global HPMC Capsules Market is expected to reach a Valuation of US$ 554.5 Mn Ove …
HPMC capsules are strictly non-toxic and qualify to be Kosher and Halal-certified, which is why their popularity has grown in several parts of the world. Moreover, these capsules can significantly boost the body metabolism by improving absorption and digestion of protein, fat and carbohydrates. HPMC capsules find their application in the preparation of non-animal based medicines and cosmetics & nutraceuticals products. Persistence Market Research (PMR) recently conducted a study
Vacuum Tissue Processor Technology Most Favored in the Global Tissue Processing …
Persistence Market Research has come up with a fact based analytical research study describing various aspects of the tissue processing systems market across the globe. The analysis on tissue processing systems has been systematically drafted in a new research publication titled “Tissue Processing Systems Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. This comprehensive research report focuses on various developments, trends, restraints, opportunities, drivers and challenges impacting revenue growth of
Endodontics Market Is Projected To Grow At A Moderate CAGR During The Period Of …
Endodontics is associated with the dentistry segment. It involves several therapies to protect the human teeth from infections and injuries caused to the dental pulp. Generally, it is concerned with morphology, pathology as well as physiology of dental pulp and the periradicular tissues. Endodontics is important during carrying out root canal procedure in order to reduce the inflammation and to end infection. Modernization has touched the field of endodontics as
Global Home Infusion Therapy Devices Market Driven by Growing Incidence of Pain, …
According to the latest market report published by Persistence Market Research titled ‘Home Infusion Therapy Devices Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025),’ the global Home Infusion Therapy Devices market is expected to expand at a CAGR of 6.8% during the forecast period 2017–2025. Persistence Market Research delivers key insights and presents a revised forecast of the global Home Infusion Therapy Devices market for an eight year period from

All 5 Releases


More Releases for Polyphthalamide

Global Polyphthalamide (PPA) Industry Market Analysis & Forecast 2018-2023
Global Polyphthalamide (PPA) Industry Market is a high-temperature application plastic, which is a mix of aliphatic and fragrant functionalities. It is gotten from bio-based dicamethylendiamine and terephthalic corrosive. These polymers are semi-crystalline in nature and offer high solidness and quality at hoisted temperatures. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=5426 Table of Contents: Chapter 1 Polyphthalamide (PPA) Market Overview 1.1 Product Overview and Scope of Polyphthalamide (PPA) 1.2 Polyphthalamide (PPA) Market Segmentation by Type
Polyphthalamide Resin Market to Cross USD 1.8bn by 2024
Polyphthalamide (PPA) Resin Market to exceed USD 1.8 billion by 2024; according to a new research report by Global Market Insights, Inc. The polyphthalamide resin market will be primarily driven by the rise in regulations globally by respective governments to produce fuel-efficient lightweight vehicles, pressure on OEMs to reduce the engine size and weight along with the global expansion of the automotive industry. PPA is a bio-based sustainable plastic resin, which
Polyphthalamide (PPA) Market Size 2017-2022 Sabic, Dupont, Solvay, Arkema
amol@marketsresearch.biz Polyphthalamide (PPA) Market Research 2017 A market study ” Global Polyphthalamide (PPA) Market ” will help you understand, formulate and implement strategic decisions by offering critical data, insights and analysis from technology as well as commercial perspective on the Polyphthalamide (PPA) market. It encloses an in-depth Research of the Polyphthalamide (PPA) market state and the competitive landscape globally. This report consist of comprehensive market data, on a granular level, providing a
Global Polyphthalamide Market| MarketResearchReports.biz
Latest industry research report on: Global Polyphthalamide Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Persistence Market Research analyzes the global polyphthalamide market in a new publication titled Polyphthalamide Market: Global Industry Analysis and Forecast, 20162024. The core objective of the report is to present insights on various advancements and dynamics impacting the global polyphthalamide market. To provide a better understanding of the market, the
Global Polyphthalamide (PPA) Market 2017 - Leading Manufacturers Analysis in Pol …
Worldwide Polyphthalamide (PPA) 2017 Research Report presents a professional and complete analysis of Global Polyphthalamide (PPA) Market on the current situation. In the first part, the report provides a general overview of the Polyphthalamide (PPA) industry 2017 including definitions, classifications, Polyphthalamide (PPA) market analysis, a wide range of applications and Polyphthalamide (PPA) industry chain structure. The 2017's report on Polyphthalamide (PPA) industry offers the global Polyphthalamide (PPA) development history, development trends
Latest News On Polyphthalamide (PPA) Market Global Research Report 2016
Global Polyphthalamide (PPA) Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020. This report on global Polyphthalamide (PPA) market is a thorough analysis of the current scenario, which also includes historical data, and presents a figurative forecast of the future scenario of the market. It does so by considering all the prominent factors, be it a driver or a restraint,