Press Release / Industry / Polyphthalamide (PPA) Market by Type, Trend, Industry Growth, 2024 | Axiom MRC

Polyphthalamide (PPA) Market by Type, Trend, Industry Growth, 2024 | Axiom MRC

Polyphthalamide (PPA) Market: Description

Polyphthalamide (PPA) are mixtures of aromatic and aliphatic functionalities. PPA can be made from bio-based decamethylendiamine plus terephthalic acid and are available in different forms from Evonik (Vestamid HT Plus) to EMS Grivory (Grilamid HT3), both with up to 50% renewable resources.

They are crystalline in nature and offer high strength and toughness at elevated temperatures. Polyphthalamide have an important advantage over other polyamide products in thermal management applications due to their aromatic nature. This translates into extended opportunity for replacement of metal deeper into the powertrain, providing benefits in weight reduction, feature flexibility and potential for cost reduction. Furthermore, polyphthalamide represent a class of polymers, contradictory to the polymer backbone and consequently showing differences in performance.

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Polyphthalamide (PPA) Market: Report Analysis
The global polyphthalamide (PPA) market has gained sustainable growth owing to growing usage of PPA in the automobile and industrial machinery and use of PPA as metal replacement in industrial applications. Polyphthalamide-based materials are used in the manufacturing of various components in the automotive industry.

Furthermore, the overall market is also being propelled by high penetration of PPA into new application areas. Numerous small domestic appliances such as power tools and gardening equipment contain PPA components. The conventional connectors currently used in many domestic appliances are being converted to surface mount technology, thereby creating further opportunities for PPA. Currently, most prominent trend witnessed by the market is advancement and commercialization of bio-based polyphthalamide.

Polyphthalamide (PPA) Market: Segmentation
Based on type,
Carbon fiber filled
Glass fiber filled
Mineral fiber filled
Unfilled
Based on application,
Automotive
Electrical & electronics
Industrial equipment & apparatus
Consumer & personal care
Others which includes (water heater among others)

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Polyphthalamide (PPA) Market: Major Top Key Players
EMS Chemie Holding AG
DuPont
BASF SE
Solvay S.A.
Evonik Industries AG
Arkema S.A., SABIC.

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