Polyphthalamide (PPA) is a high-performance engineering thermoplastic that offers excellent electrical, mechanical, and thermal properties. It is widely used in the automotive, consumer electronics, and medical industries due to its superior chemical resistance, dimensional stability, and flame retardancy. In addition, PPA has excellent electrical insulation properties, low-friction characteristics, and low moisture absorption.
PPA is a popular choice for applications such as connectors, switches, and terminal blocks in the automotive, consumer electronics, and medical industries. It is also used in the manufacture of circuit board components, relays, and connectors in the electrical and electronics markets.
PPA is one of the fastest growing thermoplastics in the world due to its superior physical and mechanical properties. It is widely used in the automotive, consumer electronics, and medical industries, with global demand for the material increasing rapidly. The increasing demand for PPA is driven by the growing demand for lightweight and durable components in the automotive industry, as well as the increasing demand for consumer electronics and medical products.
The global Polyphthalamide (PPA) market was valued at US$ 2323.9 million in 2022 and is anticipated to reach US$ 3152.6 million by 2029, witnessing a CAGR of 4.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Polyphthalamide (PPA) Market available at: https://www.themarketreports.com/report/global-polyphthalamide-ppa-market-research-report
This report aims to provide a comprehensive presentation of the global market for Polyphthalamide (PPA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polyphthalamide (PPA).
The key players are DowDuPont, Solvay, EMS-CHEMIE, Mitsui Chemicals, Arkema, Evonik, Sabic, BASF, AKRO-PLASTIC, KEP, DZT, NHU Special Materials etc. Top 3 companies occupied about 67% market share.
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