DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Polyphthalamide Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2016 to 2023" report to their offering.
The worldwide polyphthalamide (PPA) market was valued at US$ 731.94 Mn in 2015. In the same year, in terms of volume the market was 144.42 kilo tons.
The global polyphthalamide (PPA) market is projected to experience significant growth over the forecast period due to increasing demand for light weight automotive components. Rise in demand from electronics and electrical segment is another factor contributing towards market growth. Polyphthalamide is very resistant to chemicals and exhibits minimum changes in physical properties after moisture uptake; this is very vital in electrical and electronics fields when components undergo lead-free reflow soldering and functional parts must have extremely good dimensional stability. These include connectors, micro switches and micro sensors, and even semi-conductor components such as the reflector housings of light-emitting diodes (LED).
However, owing to high production cost of polyphthalamide (PPA) when compared to other thermoplastics nylons they are highly being utilized for high end applications which acts as the major factor restraining the market growth. Rise in disposable income, shift in trend towards more technologically advanced products, strong vehicle production growth along with rising demand for high end cars, especially from emerging economies such as India, China, Brazil and Malaysia among others offers huge untapped market potential.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Polyphthalamide (Ppa) Market Analysis
Chapter 4 Global Polyphthalamide (Ppa) Market, by Type
Chapter 5 Global Polyphthalamide (Ppa) Market, by Application
Chapter 6 Global Polyphthalamide (Ppa) Market, by Regions
Chapter 7 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/p48x22/global
