DUBLIN, Jan 25, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Polyphthalamide Market 2017-2021" report to their offering.
The global PPA market to grow at a CAGR of 7.38% during the period 2017-2021.
Global PPA Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
High-performance polyamides are increasingly used in automobile applications due to their excellent balance of oil resistance, mechanical strength, thermal stability, toughness, and lightweight properties. The demand for high-performance polyamides is increasing because OEMs are continuously working to reduce the weight and the number of automobile components to meet the regulations as per the Corporate Average Fuel Economy (CAFE) standards given by the Environmental Protection Agency.
According to the report, APAC is the largest and fastest growing market for PPA products worldwide. The rapid growth in industrialization and development in China, India, and Japan is the key demand driver for the PPA products in this region. APAC has progressed from macroeconomic policies, which include efforts to accelerate revenues in commodity-exporting countries.
Further, the report states that the fluctuating price of raw materials used for the manufacture of PPA is a major challenge for the global PPA market. The prices of raw materials such as polymers, resins, additives, and related solvents have been fluctuating. The binders and solvents and resins are petroleum derivatives. Thus, the prices of these materials vary in tandem with the natural gas and crude oil prices.
- Evonik Industries
Other prominent vendors
- EMS-CHEMIE HOLDING
- Eurotec Mühendislik Plastikleri San. ve Tic. A.S.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type
Part 07: Market segmentation by application
Part 08: Market segmentation by geography
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/mqfsd4/global
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SOURCE Research and Markets