The global polyphthalamide market is estimated to expand at a CAGR of 5.8% through 2024.
The key factor driving growth of the global polyphthalamide market is the rising demand for polyphthalamide from the automotive applications. The rapidly evolving and expanding automotive segment coupled with the rising production of light weight vehicles has created significant demand for PPA globally.
Based on fillings, the polyphthalamide market is segmented into carbon fiber, glass fiber filled, mineral fiber, and unfilled.
Some key players operating in the polyphthalamide market include Arkema, Evonik, Sabic, BASF SE, DSM, Dupont, Solvay, EMS-Chemie, Mitsui Chemicals, AKRO-Plastic, Celanese Corporation, and Clariant among others.
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