Global Polypthalamide (PPA) Market to Reach $1 Billion by 2022 – Aided by Growing Demand for Automobiles in Emerging Economies – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Polypthalamide (PPA) Market, 2016 to 2023”
report to their
offering.

The polypthalamide market was valued at US$ 0.67 Bn in 2016, and is
expected to reach US$ 1.04 Bn by 2022, expanding at a CAGR of 7.5% from
2016 to 2022.

Growing demand for automobiles in the emerging economies such as Asia
Pacific has led to high demand for PPA in the market. Automotive
industry is the largest consumer of PPA globally. It is used in the
manufacture if various automotive components such as motor end caps
housing, fog lamp assemblies, halogen lamp sockets, solenoids and
sensors, anti-lock braking system components and fuel system components
among others. Weight reduction of vehicles and products manufactured
from PPA is the major factor driving the growth of PPA in the automotive
industry. Therefore, growing demand for automobiles has thereby led to
high demand for PPA from the automotive industry.

Electronic industry now focuses on miniaturization. Small and complex
components are manufactured in the electronic industry with higher value
and application. PPA is used in manufacturing various such electronic
components due the beneficial properties that it possesses. Hence,
electronic industry is also expected to contribute to the growth of
global polypthalamide market in 2016. Personal care products and medical
industry is also expected to offer high growth opportunities for PPA
during the forecast period from 2017 to 2022.

Companies Mentioned

  • BASF SE
  • Arkema Group
  • Arko-Plastic GmbH
  • DuPont EI De Nemours & Co.
  • EMS-CHEMIE HOLDING AG
  • Evonik Industries AG
  • Eurotec
  • Polyone Corporation
  • SABIC
  • Solvay S.A
  • PlastiComp, Inc.
  • Propolymers, Inc.

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Global Polyphthalamide (Ppa) Market Analysis

Chapter 4 Global Polyphthalamide (Ppa) Market, by Type

Chapter 5 Global Polyphthalamide (Ppa) Market, by Application

Chapter 6 Global Polyphthalamide (Ppa) Market, by Regions

Chapter 7 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/c5nklv/global

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Topics: Plastic
Resins