PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1397201
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1397201
Polyphthalamide Resin Market Size and Share Analysis by Product, End User - Global Industry Growth Forecast to 2030
The global polyphthalamide resin market has garnered USD 1,522.3 million in revenue in
2023, and it is projected to rise at the rate of 6.4% from 2023 to 2030, to capture USD 2,320.6 million by 2030.
The development can be mainly credited to the increasing utilization of PPA resin as a substitute for metals in cars and the growing research and development expenditure. The material has numerous beneficial properties, like higher electrical and thermal tolerance, hygroscopicity, and high tensile forte. Other good mechanical and chemical properties of this material comprise semi-crystalline structure, opaqueness, and moisture resistance.
The glass-fiber-reinforced category grips the largest share as this variant is compressive, non-flammable, resilient to humidity and temp and does not bend effortlessly. Moreover, it is simply obtainable, and the electronics and automotive industries are extensively using it.
Furthermore, it provides great value for money and owns chemical resistance, which will, ultimately, drive the development of the industry in this category.
Electrical and electronics applications are projected to display the highest CAGR, of 7.0%, during the projection period, as PPA resin holds its size and structure under changing ecological conditions, possesses surface-mount ability, and has a brilliant processing capability.
The material is utilized in a range of electrical and electronic components, like connectors, switches, sockets, and circuit breakers. The major advantages that make it perfect for such applications, and also electric cars, are good electric properties and flame resistance.
In 2023, the North American region had the second-highest position in the industry, with a worth of USD 0.3 billion. This can be credited to the increasing acceptance of EVs and progressive materials in a variety of applications.
In North America, the U.S. leads the industry, credited to the initiatives taken by the government for decreasing releases, the most prominent of which is the execution of strict guidelines on industries, aircraft, and automobiles.
The automotive sector is increasing because of the surge in disposable income. With this, the
sale of passenger cars endures to rise in advanced and emerging nations. Moreover, in the past few years, the market has seen a massive acceptance of progressive technologies as a result of the increasing rivalry among manufacturers.
Furthermore, the demand for EVs is growing with increasing worries for the atmosphere and the numerous steps governments throughout the globe are taking to allow a low-release transportation system.
In the first half of 2022, about 4.3 million electrical vehicles were sold around the globe, which is two times as many as in 2021. The major factor that contributes to the use of polyphthalamides in vehicles is the increasing demand for automobiles which are lighter and reduce emissions.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by end User
- 1.4.3. Market size breakdown, by region
- 1.4.4. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Volume, by Product (2017-2030)
- 6.3. Market Revenue by Product (2017-2030)
- 6.4. Market Volume, by End User (2017-2030)
- 6.5. Market Revenue, by End User (2017-2030)
- 6.6. Market Volume, by Region (2017-2030)
- 6.7. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Volume, by Product (2017-2030)
- 7.3. Market Revenue by Product (2017-2030)
- 7.4. Market Volume, by End User (2017-2030)
- 7.5. Market Revenue, by End User (2017-2030)
- 7.6. Market Volume, by Country (2017-2030)
- 7.7. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Volume, by Product (2017-2030)
- 8.3. Market Revenue by Product (2017-2030)
- 8.4. Market Volume, by End User (2017-2030)
- 8.5. Market Revenue, by End User (2017-2030)
- 8.6. Market Volume, by Country (2017-2030)
- 8.7. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Volume, by Product (2017-2030)
- 9.3. Market Revenue by Product (2017-2030)
- 9.4. Market Volume, by End User (2017-2030)
- 9.5. Market Revenue, by End User (2017-2030)
- 9.6. Market Volume, by Country (2017-2030)
- 9.7. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Volume, by Product (2017-2030)
- 10.3. Market Revenue by Product (2017-2030)
- 10.4. Market Volume, by End User (2017-2030)
- 10.5. Market Revenue, by End User (2017-2030)
- 10.6. Market Volume, by Country (2017-2030)
- 10.7. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Volume, by Product (2017-2030)
- 11.3. Market Revenue by Product (2017-2030)
- 11.4. Market Volume, by End User (2017-2030)
- 11.5. Market Revenue, by End User (2017-2030)
- 11.6. Market Volume, by Country (2017-2030)
- 11.7. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Volume, by Product (2017-2030)
- 12.3. Market Revenue by Product (2017-2030)
- 12.4. Market Volume, by End User (2017-2030)
- 12.5. Market Revenue, by End User (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Volume, by Product (2017-2030)
- 13.3. Market Revenue by Product (2017-2030)
- 13.4. Market Volume, by End User (2017-2030)
- 13.5. Market Revenue, by End User (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Volume, by Product (2017-2030)
- 14.3. Market Revenue by Product (2017-2030)
- 14.4. Market Volume, by End User (2017-2030)
- 14.5. Market Revenue, by End User (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Volume, by Product (2017-2030)
- 15.3. Market Revenue by Product (2017-2030)
- 15.4. Market Volume, by End User (2017-2030)
- 15.5. Market Revenue, by End User (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Volume, by Product (2017-2030)
- 16.3. Market Revenue by Product (2017-2030)
- 16.4. Market Volume, by End User (2017-2030)
- 16.5. Market Revenue, by End User (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Volume, by Product (2017-2030)
- 17.3. Market Revenue by Product (2017-2030)
- 17.4. Market Volume, by End User (2017-2030)
- 17.5. Market Revenue, by End User (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Volume, by Product (2017-2030)
- 18.3. Market Revenue by Product (2017-2030)
- 18.4. Market Volume, by End User (2017-2030)
- 18.5. Market Revenue, by End User (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Volume, by Product (2017-2030)
- 19.3. Market Revenue by Product (2017-2030)
- 19.4. Market Volume, by End User (2017-2030)
- 19.5. Market Revenue, by End User (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Volume, by Product (2017-2030)
- 20.3. Market Revenue by Product (2017-2030)
- 20.4. Market Volume, by End User (2017-2030)
- 20.5. Market Revenue, by End User (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Volume, by Product (2017-2030)
- 21.3. Market Revenue by Product (2017-2030)
- 21.4. Market Volume, by End User (2017-2030)
- 21.5. Market Revenue, by End User (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Volume, by Product (2017-2030)
- 22.3. Market Revenue by Product (2017-2030)
- 22.4. Market Volume, by End User (2017-2030)
- 22.5. Market Revenue, by End User (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Volume, by Product (2017-2030)
- 23.3. Market Revenue by Product (2017-2030)
- 23.4. Market Volume, by End User (2017-2030)
- 23.5. Market Revenue, by End User (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Volume, by Product (2017-2030)
- 24.3. Market Revenue by Product (2017-2030)
- 24.4. Market Volume, by End User (2017-2030)
- 24.5. Market Revenue, by End User (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Volume, by Product (2017-2030)
- 25.3. Market Revenue by Product (2017-2030)
- 25.4. Market Volume, by End User (2017-2030)
- 25.5. Market Revenue, by End User (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Volume, by Product (2017-2030)
- 26.3. Market Revenue by Product (2017-2030)
- 26.4. Market Volume, by End User (2017-2030)
- 26.5. Market Revenue, by End User (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Volume, by Product (2017-2030)
- 27.3. Market Revenue by Product (2017-2030)
- 27.4. Market Volume, by End User (2017-2030)
- 27.5. Market Revenue, by End User (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Volume, by Product (2017-2030)
- 28.3. Market Revenue by Product (2017-2030)
- 28.4. Market Volume, by End User (2017-2030)
- 28.5. Market Revenue, by End User (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. AKRO-PLASTIC GmbH
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Arkema
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. BASF SE
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. DuPont de Nemours Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Evonik Industries AG
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Solvay S.A.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. ProPolymers Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Avient Corporation
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Celanese Corporation
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Ecomass Technologies
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.11. EMS Group
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Nagase America LLC
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.13. RTP Company
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
