DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Polypthalamide (PPA) Market, 2016 to 2023" report to their offering.
The polypthalamide market was valued at US$ 0.67 Bn in 2016, and is expected to reach US$ 1.04 Bn by 2022, expanding at a CAGR of 7.5% from 2016 to 2022.
Growing demand for automobiles in the emerging economies such as Asia Pacific has led to high demand for PPA in the market. Automotive industry is the largest consumer of PPA globally. It is used in the manufacture if various automotive components such as motor end caps housing, fog lamp assemblies, halogen lamp sockets, solenoids and sensors, anti-lock braking system components and fuel system components among others. Weight reduction of vehicles and products manufactured from PPA is the major factor driving the growth of PPA in the automotive industry. Therefore, growing demand for automobiles has thereby led to high demand for PPA from the automotive industry.
Electronic industry now focuses on miniaturization. Small and complex components are manufactured in the electronic industry with higher value and application. PPA is used in manufacturing various such electronic components due the beneficial properties that it possesses. Hence, electronic industry is also expected to contribute to the growth of global polypthalamide market in 2016. Personal care products and medical industry is also expected to offer high growth opportunities for PPA during the forecast period from 2017 to 2022.
- BASF SE
- Arkema Group
- Arko-Plastic GmbH
- DuPont EI De Nemours & Co.
- EMS-CHEMIE HOLDING AG
- Evonik Industries AG
- Polyone Corporation
- Solvay S.A
- PlastiComp, Inc.
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/c5nklv/global