According to Technavio’s latest market research study, the global polyphthalamide (PPA) market is expected to grow at a CAGR of more than 7% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global PPA market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the type
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The top three revenue contributing type segments are discussed below
Global PPA market by carbon fiber filled PPA: The high demand for carbon-filled PPA is attributable to their advantages such as chemical resistance, weight reduction, and wear and tear resistance. Technavio analysts project a surge in the use of carbon fiber filled PPA in the automobile, automobile electronics, and aircraft industries which will drive the growth of the global carbon fiber filled PPA market during the forecast period.
“Carbon fiber filled PPA is an ideal material for fuel system applications in automobiles. It provides low permeation and high thermal resistance to the engine components. Carbon-filled PPA also finds application in various electrical and electronic applications owing to their high strength and stiffness,” says Ajay Adikari, a lead analyst at Technavio for research on plastics, polymers, and elastomers.
Global PPA market by glass fiber filled PPA: Glass fiber filled PPA is used automobile applications, automobile interior parts, cable and wire housings, appliances, mechanical parts, power tools, and industrial applications. Glass fiber filled PPA products are also considered food safe and are used in drinking water applications.
Global PPA market by mineral filled PPA: Mineral filled PPA products are generally used in applications that require exceptional surface finish for chrome plating and vacuum metallizing. This type of PPA is used in motor components, engine parts, covers, pistons, transmission components, electrical connectors and housings, valves and valve parts, and lawn and garden equipment. Its growing use in automobile and industrial applications is expected to propel the demand for global mineral-filled PPA in the global market during the forecast period.
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Top vendors operating in the global PPA market are:
- Arkema
- BASF
- DuPont
- Evonik Industries
- Solvay
Other prominent vendors in the market include AKRO-PLASTICS, EMS-CHEMIE HOLDING, Eurotec Mühendislik Plastikleri San, ProPolymers, and SABIC.
A more detailed analysis is available in the Technavio report titled, ‘Global PPA Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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- Global Medical Polymers Market 2017-2021
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