Polyphthalamide (PPA) is a subset of thermoplastic synthetic resins belonging to the polyamide (nylon) family that is defined as when 50% or more moles of the carboxylic acid of the repeating unit in the polymer chain are composed of a combination of isophthalic (IPA) and terephthalic (TPA) acids. The substitution of aliphatic diacids by the aromatic diacids in the polymer backbone results to increase the melting point, chemical resistance, glass transition temperature, and stiffness.
MARKET DYNAMICS
The global PPA resin market is growing at a significant pace owing to the rise in metal substitute plastics in automotive industry. Furthermore, the rising demand of personal care products is likely to drive the demand for PPA resin in the coming years. However, the availability of substitute materials, is projected to hinder the growth of the PPA resin market. Likewise, the regulations in Europe on CO2 emissions may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global PPA Resin Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PPA resin market with detailed market segmentation by product, end-user, and geography. The global PPA resin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PPA resin market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global PPA resin market is segmented on the basis of product and end user. On the basis of product, the PPA resin market is segmented into, unreinforced plain resin, glass fiber reinforced, carbon fiber reinforced, mineral-filled,and hybrid. Based on end-user, the global PPA resin market is segmented into, automotive, electrical & electronics, machinery, personal care, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PPA resin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The PPA resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the PPA resin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PPA resin market in these regions.
MARKET PLAYERS
The reports cover key developments in the PPA resin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from PPA resin market are anticipated to lucrative growth opportunities in the future with the rising demand for PPA resin in the global market. Below mentioned is the list of few companies engaged in the PPA resin market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the PPA resin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Akro-Plastics GmbH
- Arkema
- BASF SE
- Ems-Chemie Holding
- Evonik Industries AG
- Nagase America Corporation
- PlastiComp Inc.
- Propolymers Inc.
- SABIC
- Solvay S.A.
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