Global Polyphthalamide Market Size By Product, By Application, By Geographic Scope And Forecast
Polyphthalamide Market Size And Forecast
Polyphthalamide Market was valued at USD 885.61 Million in 2019 and is projected to reach USD 1,515.45 Million by 2027, growing at a CAGR of 7.0% from 2020 to 2027.
Global Polyphthalamide Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
High transition and high deflection temperature properties of polyphthalamide (PPA) are projected to upsurge its consumption in production of automotive body-parts and the research and development to replace components in automotive vehicles by light weighting materials is expected to drive the growth of global polyphthalamide market. Stringent regulations forced against the use of lead soldering in electronic components have created new growth opportunities in the global polyphthalamide market. However, higher production costs associated with polyphthalamide may hamper market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The Global Polyphthalamide Market is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Polyphthalamide Market Competitive Landscape
The Global Polyphthalamide Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Solvay S.A., Arkema S.A., EMS-Chemie Holding AG, Evonik Industries AG, DUPONT EI DE Nemours & Co., Polyone Corporation, Eurotec, SABIC, Propolymers Inc. and Akro Plastics GMBH.
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