Uploaded on Apr 26, 2021
The global polyphthalamide (PPA) market is currently witnessing high growth and is projected to rise with a CAGR of 9.9% from 2019 to 2025, with the market to reach a revenue of USD 1,565.2 million by 2025. Increase in the demand from electronics & electrical segment is expected to drive the market growth.
Polyphthalamide (PPA) Market Dynamic, Demand Analysis, Statistics, Trends and Investment Opportunities to 2027
Adroit Market Research
Global Polyphthalamide (PPA) Market Size 2018
by Type (Carbon Fiber Filled, Glass Fiber Filled, Mineral
Filled, Unfilled), by Application (Automotive, Electronics &
Electrical, Industrial Equipment & Apparatus, Consumer &
Personal Care, & Others), Region and Forecast 2019 to 2025
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Adroit Market Research
Global Polyphthalamide To Grow At A CAGR Of 9.9% By
2025
• The global polyphthalamide (PPA) market is currently witnessing high growth and is projected to
rise with a CAGR of 9.9% from 2019 to 2025, with the market to reach a revenue of USD 1,565.2
million by 2025. Increase in the demand from electronics & electrical segment is expected to drive
the market growth.
• This report provides a detailed analysis of polyphthalamide market in terms of types, and
application, and current and projected market size for the period from 2015 to 2025, with 2018
being the base year, and 2019 to 2025 as the forecast duration. The market competition has been
analyzed based on the wide-ranging value chain of the polyamides market and economic trends
that help to increase the growth in different regions of the world. This report also covers company
profiles of the leading global, regional and local players with a prominent position in the market.
• Based on the type of products, the glass fiber filled segment held a revenue of USD 606.3 million
in 2018, and is further expected to rise with a CAGR of over 9% from 2019 to 2025. This segment
is expected to have a stronghold mainly in Asia Pacific, due to rise in the industrialization rate and
growing domestic economies. Additional driving factors are increasing per capita income, growing
automobile production, and advantages of glass fiber filled PPA such as better stiffness for
injection moulding of small parts and use in sports equipment, and others.
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Adroit Market Research
Global Polyphthalamide To Grow At A CAGR Of 9.9% By 2025
• Among the applications, automotive segment held a volume share of over 46% in 2018 and
expected to rise with a significant CAGR by 2025. The rapid growth of middle-class population and
growing disposable incomes form a key growth catalyst. The use of polyphthalamide in engine parts
due to its lighter weight compared to other materials and high-temperature resistance are expected
to increase the market demand for polyphthalamide in this segment. However, the rise of electric
vehicles may hamper market growth, as polyphthalamide is used in engine parts, & heat
exchangers, and engine is absolutely withdrawn (vanished) component from electric vehicles.
• Polyphthalamide market in North America and Europe is gaining pace as these regions house some
of the the major economies on the globe. Europe is one of the major hubs for automobile
production. In the U.S., Solvay produces polyphthalamide, which is used in applications such as
engine parts, heat exchangers, and others. Asia Pacific continues to witness a fast-paced growth at
a CAGR of more than 10% during the forecast period. Asia Pacific stands as the fastest-growing
region in population, economy, and industrialization, thereby supporting the market growth for PPA.
• Key players in the polyphthalamide market are moving towards strategic partnerships, especially in
Western part of the world. Additionally, new product developments, and extensive R&D initiatives
help polyphthalamide manufacturers with opportunities in untapped regions and applications,
thereby evolve and enhance their product portfolio. Some of the leading players operating in the
polyphthalamide market include Solvay S.A, PlastiComp, Inc., Eurotec Muhendislik Plastikleri San ve
Tic. A?, Propolymers, Inc., BASF SE, Arko-Plastic GmbH, EMS-CHEMIE HOLDING AG, Evonik Industries
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Adroit Market Research
Key segments of the global polyphthalamide (PPA) market
Type Overview, 2015-2025 (Kilo Tons) (USD Million)
• Carbon Fiber Filled
• Glass Fiber Filled
• Mineral Filled
• Unfilled
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
• Automotive
• Electronics & Electrical
• Industrial Equipment & Apparatus
• Consumer & Personal Care
Regional Overview, 2015-2025 (Kilo Tons) (USD Million): North America, Europe, Asia Pacific,
South America, Middle East and Africa
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Adroit Market Research
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