Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Polyphthalamide (PPA) Market To Reach US$ 1,434.27 Mn By 2025 – Credence ResearchCredenceresearch.com include new market research report "Polyphthalamide (PPA) Market To Reach US$ 1,434.27 Mn By 2025 – Credence Research" to its huge collection of research reports.
Market Insights: The global polyphthalamide (PPA) market is projected to experience significant growth over the forecast period due to increasing demand for light weight automotive components. Rise in demand from electronics and electrical segment is another factor contributing towards market growth. Polyphthalamide is very resistant to chemicals and exhibits minimum changes in physical properties after moisture uptake; this is very vital in electrical and electronics fields when components undergo lead-free reflow soldering and functional parts must have extremely good dimensional stability. These include connectors, micro switches and micro sensors, and even semi-conductor components such as the reflector housings of light-emitting diodes (LED). Browse the full report at http://www.credenceresearch.com/ However, owing to high production cost of polyphthalamide (PPA) when compared to other thermoplastics nylons they are highly being utilized for high end applications which acts as the major factor restraining the market growth. Rise in disposable income, shift in trend towards more technologically advanced products, strong vehicle production growth along with rising demand for high end cars, especially from emerging economies such as India, China, Brazil and Malaysia among others offers huge untapped market potential. Polyphthalamide (PPA) Market Competitive Insights: New product development is one of the major areas being focused by the companies intended to offer better and efficient components especially for portable devices. This is majorly intended to offer sustainable solutions to various end users especially automotive manufacturers. Some of the key players present in this market are EMS Chemie Holding AG, Solvay S.A., DUPONT EI DE Nemours & Co., Arkema S.A., Evonik Industries AG and SABIC among others. Key Trends: – Rise in demand from automotive and electronics & electrical application – New product development is one of the major areas being focused by the companies – Emerging Economies offers huge untapped market potential About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task. For More Information, Visit: http://www.credenceresearch.com/ Media Contact Company Name: Credence Research Contact Person: Chris Smith, Designation: Phone: +1-800-361-8290 FREE Address: 105 N 1st ST #429, SAN JOSE, CA 95103 E-mail: sales@credenceresearch.com End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|