Polyphthalamide (PPA) Market by Types (Glass Fiber-filled, Unfilled, Carbon Fiber-filled, and Mineral-filled), Applications (Consumer and Personal Care, Electronics and Electricals, Automotive, Industrial Equipment and Apparatus, and Other End-users Industries), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global polyphthalamide market size is estimated to expand at a CAGR of 6.50% during the forecast period, 2021–2028. The growth of the market is attributed to rising demand from various end-users industries and high usage of polyphthalamide in sporting goods, gas pipes, LED headlights, fuel lines, wire casings, fuel modules, coolant pumps, toothbrush and hairbrush bristles, electrical insulation, pump wear rings, metal replacement, bushings, and bearing pads.
Polyphthalamide is a thermoplastic synthetic resin with major building blocks as isophthalic acid-based amides, dicarboxylic acid, terephthalic acid, or combination. Aromatic diacids in the polymer backbone increases rigidity, moisture absorption characteristics, melting point, chemical resistance, glass transition temperature, and heat stability.
Polyphthalamide is used to replace metal in various applications such as electrical, automotive, aerospace, and others. Admirable characteristics of polyphthalamide are perfect for use in a chemical environment or in high temperature condition. Polyphthalamide is favorable as it is recyclable and can be recovered as energy efficiently due to processing conditions. It is highly used in various end-users industries for different purposes.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing substitution of polyphthalamide with metal in different applications is projected to boost the market.
- Control of carbon dioxide emission of light commercial vehicles and passenger cars by automotive industry is estimated to spur the market in the coming years.
- Rapid growth of the automotive industry is the main factor fueling the market during the forecast period.
- High price of raw materials is expected to hinder the market growth.
- Strict environmental rules and regulations by government act as major challenge that can hamper the market in the coming years.
- Availability of substitutes in the market can act as key factor that can impede the polyphthalamide market.
- Rising usage of bio-based polyphthalamide is anticipated to create significant opportunities for the market players.
Scope of the Report
The report on the global polyphthalamide market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Polyphthalamide (PPA) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Types (Glass Fiber-filled, Unfilled, Carbon Fiber-filled, and Mineral-filled), Applications (Consumer and Personal Care, Electronics and Electricals, Automotive, Industrial Equipment and Apparatus, and Other End-users Industries) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Akro Plastics GMBH, Evonik Industries AG, Solvay S.A., SABIC, Polyone Corporation, Eurotec, Akrema S.A., DUPONT EI DE Nemours & Co., and Propolymers |
Market Segment Insights:
The glass fiber-filled segment is projected to account for a large market share
Based on types, the polyphthalamide market is segregated into glass fiber-filled, unfilled, carbon fiber-filled, and mineral-filled. The glass fiber-filled segment is expected to constitute a key share of the market during the forecast period owing to variety of applications in electronics, personal care, automotive, and machinery and easy availability of fiberglass. Glass fiber-filled is highly accepted by the end-users industries due to its high strength and stiffness, good chemical and electrical properties, high heat resistance over broad temperature range, low moisture absorption, and creep resistance. Many automotive industries demand for glass fiber-filled which helps to maintain structural integrity, physical characteristics and improve the strength.
The automotive segment is projected to hold a major market share
On the basis of applications, the polyphthalamide market is fragmented into consumer and personal care, electronics and electrical, automotive, industrial equipment and apparatus, and other end-users industries. The automotive segment is expected to represent a key share of the market in the coming years due to high usage of polyphthalamide materials for manufacturing different cooling and heating system components (including turbocharger air coolers, oil filter housings, and thermostat housings), fuel system components (including flanges, fuel rails, and fuel line connectors), structural parts, and others.
Increasing fuel efficiency and decreasing the weight of the vehicles is raising the demand of polyphthalamide in automotive sector. However, the electronics and electrical segment is anticipated to expand at a rapid pace during the forecast period owing to its excellent processing ability, surface mount capability, and dimensional suitability it is highly used in making electronic components, sensors, circuit breakers, switches, enclosures, connectors & sockets, LEDs, and capacitors & chip carriers.
Asia Pacific is anticipated to dominate the market
In terms of regions, the polyphthalamide market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at a high CAGR during the forecast period. The regional market growth can be attributed to increasing automotive manufacturing and sales from various countries including Thailand, India, China, Indonesia, and Malaysia. China is largest automotive manufacturer in the world. On the other hand, the market of North America is expected to exhibit a rapid growth rate in the coming years due to consumer preference for high-quality fuel efficient automobiles.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyphthalamide Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Polyphthalamide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyphthalamide Market - Supply Chain
4.5. Global Polyphthalamide Market Forecast
4.5.1. Polyphthalamide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyphthalamide Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Polyphthalamide Market Absolute $ Opportunity
5. Global Polyphthalamide Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Polyphthalamide Market Size and Volume Forecast by Types
5.3.1. Glass Fiber-filled
5.3.2. Unfilled
5.3.3. Carbon Fiber-filled
5.3.4. Mineral-filled
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Polyphthalamide Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Polyphthalamide Market Size and Volume Forecast by Applications
6.3.1. Consumer and Personal Care
6.3.2. Electronics and Electricals
6.3.3. Automotive
6.3.4. Industrial Equipment and Apparatus
6.3.5. Other End-users Industries
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Polyphthalamide Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Polyphthalamide Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Polyphthalamide Demand Share Forecast, 2019-2026
8. North America Polyphthalamide Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Polyphthalamide Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Polyphthalamide Market Size and Volume Forecast by Types
8.4.1. Glass Fiber-filled
8.4.2. Unfilled
8.4.3. Carbon Fiber-filled
8.4.4. Mineral-filled
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Polyphthalamide Market Size and Volume Forecast by Applications
8.7.1. Consumer and Personal Care
8.7.2. Electronics and Electricals
8.7.3. Automotive
8.7.4. Industrial Equipment and Apparatus
8.7.5. Other End-users Industries
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Polyphthalamide Demand Share Forecast, 2019-2026
9. Latin America Polyphthalamide Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Polyphthalamide Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Polyphthalamide Market Size and Volume Forecast by Types
9.4.1. Glass Fiber-filled
9.4.2. Unfilled
9.4.3. Carbon Fiber-filled
9.4.4. Mineral-filled
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Polyphthalamide Market Size and Volume Forecast by Applications
9.7.1. Consumer and Personal Care
9.7.2. Electronics and Electricals
9.7.3. Automotive
9.7.4. Industrial Equipment and Apparatus
9.7.5. Other End-users Industries
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Polyphthalamide Demand Share Forecast, 2019-2026
10. Europe Polyphthalamide Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Polyphthalamide Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Polyphthalamide Market Size and Volume Forecast by Types
10.4.1. Glass Fiber-filled
10.4.2. Unfilled
10.4.3. Carbon Fiber-filled
10.4.4. Mineral-filled
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Polyphthalamide Market Size and Volume Forecast by Applications
10.7.1. Consumer and Personal Care
10.7.2. Electronics and Electricals
10.7.3. Automotive
10.7.4. Industrial Equipment and Apparatus
10.7.5. Other End-users Industries
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Polyphthalamide Demand Share Forecast, 2019-2026
11. Asia Pacific Polyphthalamide Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Polyphthalamide Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Polyphthalamide Market Size and Volume Forecast by Types
11.4.1. Glass Fiber-filled
11.4.2. Unfilled
11.4.3. Carbon Fiber-filled
11.4.4. Mineral-filled
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Polyphthalamide Market Size and Volume Forecast by Applications
11.7.1. Consumer and Personal Care
11.7.2. Electronics and Electricals
11.7.3. Automotive
11.7.4. Industrial Equipment and Apparatus
11.7.5. Other End-users Industries
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Polyphthalamide Demand Share Forecast, 2019-2026
12. Middle East & Africa Polyphthalamide Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Polyphthalamide Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Polyphthalamide Market Size and Volume Forecast by Types
12.4.1. Glass Fiber-filled
12.4.2. Unfilled
12.4.3. Carbon Fiber-filled
12.4.4. Mineral-filled
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Polyphthalamide Market Size and Volume Forecast by Applications
12.7.1. Consumer and Personal Care
12.7.2. Electronics and Electricals
12.7.3. Automotive
12.7.4. Industrial Equipment and Apparatus
12.7.5. Other End-users Industries
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Polyphthalamide Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Polyphthalamide Market: Market Share Analysis
13.2. Polyphthalamide Distributors and Customers
13.3. Polyphthalamide Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Akro Plastics GMBH
13.4.2. Evonik Industries AG
13.4.3. Solvay S.A.
13.4.4. SABIC
13.4.5. Polyone Corporation
13.4.6. Eurotec
13.4.7. Akrema S.A.
13.4.8. DUPONT EI DE Nemours & Co.
13.4.9. Propolymers
The global polyphthalamide market has been segmented on the basis of
Type
- Glass Fiber-filled
- Unfilled
- Carbon Fiber-filled
- Mineral-filled
- Consumer and Personal Care
- Electronics and Electricals
- Automotive
- Industrial Equipment and Apparatus
- Other End-users Industries
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Akro Plastics GMBH
- Evonik Industries AG
- Solvay S.A.
- SABIC
- Polyone Corporation
- Eurotec
- Akrema S.A.
- DUPONT EI DE Nemours & Co.
- Propolymers
Key players competing in the polyphthalamide market include Akro Plastics GMBH, Evonik Industries AG, Solvay S.A., SABIC, Polyone Corporation, Eurotec, Akrema S.A., DUPONT EI DE Nemours & Co., and Propolymers. Some of these players are focusing on several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,
In August 2015, Evonik Industries introduced new glass-fiber reinforced Polyphthalamide molding compound VESTAMID HTplus ® M1035 P1 for automotive applications.
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