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.
The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Polyphthalamide market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
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
Research Report on the Polyphthalamide Market Addresses the Following Key Questions:
- Who are the dominant players of the Polyphthalamide market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Polyphthalamide market?
- What are the key growth drivers and restraining factors of the Polyphthalamide market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Polyphthalamide market and its key segments?
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Emergen Research has segmented the global Polyphthalamide market on the basis of type, type of care, and region
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
Regional Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
- North America
In conclusion, the Polyphthalamide Market report is an exhaustive database that will help readers formulate lucrative strategies. The Polyphthalamide Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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