The global polyphthalamide market size reached USD 1042.7 Million in 2021 and is expected to register a revenue CAGR of 6.8% during the forecast period. Increasing development of bio-based polyphthalamide is a key factor driving polyphthalamide market revenue growth. Bio-based polyphthalamide and other polymers are made from biological sources and it is environment friendly. These types of polymers are widely used for the production of bio-based plastics as a replacement for petroleum-based plastics. Rising adoption of bio-based polyphthalamide prompted various companies to develop and launched this type of product in the market. In July 2019 for instance, DuPont, which is a U.S.-based chemical manufacturing company, introduced a novel bio-based flame retardant polyphthalamide (PPA) chemical for electrical components that is non-halogenated. This compound could replace metals, performance polymers such as liquid crystal polymers, and thermoset polymers in sectors including electronics and automotive.

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The rising demand for polyphthalamide in metal replacement applications is also expected to drive revenue growth of the market. Polyphthalamide is used as a substitute for metal components in the automotive and electronics sectors. The rising trend of lightweight fuel-efficient vehicles creates a huge demand for polyphthalamide for manufacturing automotive components. To meet the demand various companies are introduced polyphthalamide-based products in the market. On 29 April 2021 for instance, Solvay, which is a Belgium-based chemical manufacturer, launched a new series of high-performance polyphthalamide compounds Amodel that is designed for demanding e-mobility and metal replacement applications.

The Global Polyphthalamide Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Polyphthalamide Market and its key elements. The report is formulated through extensive primary and secondary research and is curated with the intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Polyphthalamide Market industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2021.

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Some major companies in the global market report include Ems-Chemie Holding AG, Solvay S.A., Evonik Industries AG, BASF SE, DuPont de Nemours, Inc., Saudi Basic Industries Corporation, Arkema S.A, Ems-Chemie Holding AG, Akro Plastics GMBH, and Avient Corporation.

Emergen Research has segmented the global Polyphthalamide market on the basis of type, application, and region:

Type Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)

Unfilled

Mineral-filled

Glass fiber-filled

Carbon fiber-filled

Hybrid

Application Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)

Automotive

Industrial Equipment & Apparatus

Personal Care

Electronics & Electrical

Others

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Global Polyphthalamide Market Highlights:

Regional demand estimation and forecast

Product Mix Matrix

R&D Analysis

Cost-Benefit Analysis

Pre-commodity pricing volatility

Supply chain optimization analysis

Technological updates analysis

Raw Material Sourcing Strategy

Competitive Analysis

Mergers & Acquisitions

Location Quotients Analysis

Carbon Footprint Analysis

Patent Analysis

Vendor Management

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