Polyphthalamide (PPA) Market Growth Rate, Future Demand and Opportunities (2019-2024)
Axiom MRC Added an “Polyphthalamide (PPA) Market Report, By Type (Carbon Fiber Filled, Glass
Fiber Filled, Mineral Fiber Filled, And Unfilled), Application (Automotive,
Electrical & Electronics, Industrial Equipment & Apparatus, Consumer
& Personal Care), and Geography – Global Market Share, Trend Analysis &
Forecast Up To 2024”
Download Free Sample Report @ https://bit.ly/2K9LDWI
Polyphthalamide
(PPA) are mixtures of aromatic and aliphatic functionalities. They are
crystalline in nature and offer high strength and stiffness at elevated
temperatures.
Polyphthalamide
have an important advantage over other polyamide products in thermal management
applications due to their aromatic nature. This translates into extended
opportunity for replacement of metal deeper into the powertrain, providing
benefits in weight reduction, feature flexibility and potential for cost
reduction.
Polyphthalamide
(PPA) Market Outlook
The
global polyphthalamide (PPA) market has gained sustainable growth owing to
growing usage of PPA in the automobile and industrial machinery and use of PPA
as metal replacement in industrial applications. Polyphthalamide-based
materials are used in the manufacturing of various components in the automotive
industry.
Currently,
most prominent trend witnessed by the market is advancement and
commercialization of bio-based polyphthalamide. PPA can be made from bio-based
decamethylendiamine plus terephthalic acid and are available in different forms
from Evonik (Vestamid HT Plus) to EMS Grivory (Grilamid HT3), both with up to
50% renewable resources. Recently, Evonik has added a group of bio-based
polyamides to its VESTAMID family. Whereas, under the general term GreenLine,
EMS-GRIVORY markets a wide range of bio-based polyamides which are manufactured
partially or wholly from renewable raw materials. However, the global
polyphthalamide (PPA) market is hampered by high production cost compared to
other thermoplastic nylons and stringent environmental regulations.
Polyphthalamide
(PPA) Market Segmental Overview
Polyphthalamide (PPA) Market by Type
Carbon
Fiber Filled
Glass
Fiber Filled
Mineral
Fiber Filled, And
Unfilled
Polyphthalamide (PPA) Market by Application
Automotive
Electrical
& Electronics
Industrial
Equipment & Apparatus
Consumer
& Personal Care and
Others
which includes (water heater among others).
In
2017, the 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,
for instance charge air hoses, heating and cooling systems, and induction
systems among others.
Polyphthalamide (PPA) Market by Geography
North
America
Europe
Asia
Pacific and
Latin
America, and
Middle
East & Africa.
Polyphthalamide
(PPA) Market Key Players
EMS
Chemie Holding AG
DuPont
BASF
SE
Solvay
S.A.
Industries
AG
Arkema
S.A.
SABIC.
, Among Other
Axiom Market Research
& Consulting™ (also known as Axiom MRC), is a full-service market research
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intelligence to companies to assist them in taking informed business decisions
pertaining to their marketing strategy, investments, new product launches,
market competition, consumer or end users, social media trends etc.
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