A Recent Study Says That “Polyphthalamide (PPA) Market” Will Make a Huge Impact by 2024
Axiom
MRC Added a, “Polyphthalamide
(PPA) Market Report, By Type, Application, and Geography - Global Market Share,
Trend Analysis & Forecast Up To 2024” Polyphthalamide
(PPA) are mixtures of aromatic and aliphatic
functionalities. They are crystalline in nature and offer high strength and
stiffness at elevated temperatures.
Polyphthalamide (PPA)
Market Worldwide Analysis:
Polyphthalamide represent a class of polymers, contradictory
to the polymer backbone and consequently showing differences in performance.
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. Due to their aromatic nature, polyphthalamide have an important
advantage over other polyamide products in thermal management
applications.
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.
Polyphthalamide (PPA) Market Segmental Overview:
Polyphthalamide
(PPA) Market by Type:
Based on type, the global
polyphthalamide market is segmented into carbon fiber filled, glass fiber
filled, mineral fiber filled, and unfilled. In 2017, the glass fiber accounted
for the largest share of the PPA market, as it is extensively used in automotive,
electronics, consumer & personal care, and machinery applications.
Polyphthalamide
(PPA) Market by Application:
Based on application, the global
polyphthalamide market is segmented into 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.
Polyphthalamide
(PPA) Market by Geography
By geography, the global
polyphthalamide (PPA) market is studied across the countries of key regions
such as, North America, Europe, Asia Pacific and rest of the world regions
which includes Latin America, and Middle East & Africa.
Polyphthalamide (PPA) Market Key Players:
The leading players of the global
polyphthalamide (PPA) market are EMS Chemie Holding AG, DuPont, BASF SE, Solvay
S.A., Evonik Industries AG, Arkema S.A., SABIC. Other prominent players of the
PPA market includes Royal DSM, Celanese Corporation, Mitsui Chemicals, Kuraray
Co. Ltd among others.
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