Dallas, TX -- (SBWire) -- 02/03/2020 --Polyphthalamides are stronger than other polyamids. It possess better thermal properties and is less moisture sensitive. PPA is highly temperature resistant, therefore in applications such as the housing for high temperature electrical connectors, automotive powertrain components, and many other uses, PPA based resins are used instead of metal. 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.
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The automotive segment is the major reason for polyphthalamide market getting a major chunk all over the world. As the customer's lifestyle preferences are changing due to rise in urbanization demand for the use of automobiles is increasing. There are some other factors as well that are expected to be driving the growth such as evolving economic status, rising income, and increase in standard of living. Along with the increase in people's purchasing power is inclined to buy automobiles and growing population Asia is experiencing the changes in market rapidly.
In automotive sector polyphthalamide is used in high-temperature switches, motor end caps, engine parts, housings, sensors and solenoids, electronic connectors, gear wheels and others. Also, the rising industrialization leading to increasing urbanization around the globe. That increasing the use of several electronic home appliances such as LEDs and other optoelectronic devices, refrigerators, laptop components and tablets is another reason contributing application. In home components, mobile electronics & home electronics Solvay having Amodel A-4160 HSL "PPA" is used.
Therefore all these factors are expected to stabilize the demand for the market. Some of the major having an impact on the Global PPA market are Growing investments in research & development, increasing urbanization leading to increase in electronic sales, increase in the use of PPA in electronic applications, enhanced properties compared to conventional materials in various applications, increasing demand for automobiles.
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The demand for automobiles in most geographic zones is caused due to rapid urbanization. Polyphthalamide is used in automotive components as it is light in weight and helps in increasing the efficiency of the vehicle. To drive the growth of the PPA market globally, the factors like the use of PPA in research and development activities and thermal management is taken into consideration. Broadly the product can be divided into four categories on the basis of type such as Unfilled, Mineral Filled, Glass Fiber Filled, Carbon Fiber Filled. The PPA products are used in several industries. Some of the industries that these products are used in are Consumer & Personal Care, Industrial Equipment & Apparatus, Electronics & Electrical, Automotive.
Another main aspect considered to study the market thoroughly is the regional analysis. The regional study of Global Polyphthalamides (PPA) market tells that the market is concentrated in regions like Europe, Asia Pacific, North America, Latin America, Middle East and Africa. EMS-Chemie Holding AG, Evonik industries AG, Arkema, Solvay, Dupont are some the key players in the Global market today.
Key segments of the global polyphthalamide (PPA) market
Type Overview:
- Carbon Fiber Filled
- Glass Fiber Filled
- Mineral Filled
- Unfilled
Application Overview:
- Automotive
- Electronics & Electrical
- Industrial Equipment & Apparatus
- Consumer & Personal Care
Regional Overview:
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Rest of MEA
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