Polyphthalamide Market Size, Analysis, Share & Forecast 2030

Segments - 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

Author : Riddhesh Dani

Fact-checked by : Harneet Meher

Editor : Shruti Bhat

Report Description

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.

Global Polyphthalamide (PPA) Market Key Takeaways

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.

Attributes	Details
Report Title	Polyphthalamide (PPA) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
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)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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.

Global Polyphthalamide (PPA) Market Types

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.

Global Polyphthalamide (PPA) Market Regions

Segments

The global polyphthalamide market has been segmented on the basis of

Type

Glass Fiber-filled
Unfilled
Carbon Fiber-filled
Mineral-filled

Application

Consumer and Personal Care
Electronics and Electricals
Automotive
Industrial Equipment and Apparatus
Other End-users Industries

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Akro Plastics GMBH
Evonik Industries AG
Solvay S.A.
SABIC
Polyone Corporation
Eurotec
Akrema S.A.
DUPONT EI DE Nemours & Co.
Propolymers

Competitive Landscape

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.

Global Polyphthalamide (PPA) Market Key Players

Table Of Content

1. Executive Summary
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 (000â€™ 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