Polyphthalamide (PPA) Resin Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034

November 2024 | 235 pages | ID: PB0BD9573EF9EN
Global Market Insights

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The Global Polyphthalamide (PPA) Resin Market, valued at USD 1.7 billion in 2024, is projected to expand at a CAGR of 5.1% between 2025 and 2034. The growing shift toward using advanced plastic materials instead of traditional metals, particularly in automotive manufacturing, is a key factor driving this growth.

PPA resin is a semi-crystalline aromatic polyamide with a composition that includes isophthalic acid-based amides and terephthalic acid. The high aromatic content in its structure enhances its thermal stability, rigidity, chemical resistance, and ability to resist moisture. These attributes make PPA resin a preferred material across various industries, including automotive, electrical, and aerospace, as a replacement for metal components.

The market is segmented by product into carbon fiber-reinforced, glass fiber-reinforced, mineral-filled, and hybrid variants. Among these, glass fiber-reinforced PPA held a significant share, contributing USD 1.1 billion in revenue in 2024. Its superior mechanical properties, such as enhanced tensile strength and impact resistance, have accelerated its adoption in demanding industrial applications. This variant’s ability to meet rigorous requirements positions it as a valuable material across several end-use sectors.

By end use, the market is divided into categories, including automotive, electrical and electronics, machinery, personal care, and others. The automotive sector emerged as the leading segment in 2024, accounting for 62.5% of the market share. The demand for lightweight, high-performance materials has made PPA resin indispensable for enhancing vehicle efficiency, reducing emissions, and meeting durability standards. Its resilience to extreme temperatures, excellent insulation capabilities, and mechanical strength further boost its utility in the evolving automotive landscape.

In the regional landscape, the U.S. PPA resin market contributed USD 231.1 million in 2024, supported by its application in industries such as automotive, electronics, and consumer goods. North America as a whole is witnessing steady growth in PPA resin adoption, fueled by industrial advancements and regulations promoting environmentally friendly materials. Alongside the U.S., Canada and Mexico also contribute to this growth due to their expanding manufacturing sectors and integration within the North American automotive supply chain.

Report Content

CHAPTER 1 METHODOLOGY & SCOPE

1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
  1.4.1 Primary
  1.4.2 Secondary
    1.4.2.1 Paid sources
    1.4.2.2 Public sources

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Industry synopsis, 2021-2034

CHAPTER 3 INDUSTRY INSIGHTS

3.1 Industry ecosystem analysis
  3.1.1 Factor affecting the value chain
  3.1.2 Profit margin analysis
  3.1.3 Disruptions
  3.1.4 Future outlook
  3.1.5 Manufacturers
  3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact on forces
  3.6.1 Growth drivers
    3.6.1.1 Rise in metal substitute plastics in automotive industry
    3.6.1.2 Positive outlook of global automotive industry
    3.6.1.3 Rising demand for personal care products
  3.6.2 Industry pitfalls & challenges
    3.6.2.1 Lower commercialization rate in developing economies
    3.6.2.2 Availability of substitute materials
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis

CHAPTER 4 COMPETITIVE LANDSCAPE, 2024

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

CHAPTER 5 MARKET ESTIMATES & FORECAST, BY PRODUCT, 2021-2034 (USD BILLION) (TONS)

5.1 Key trends
5.2 Unreinforced plane
5.3 Glass fiber reinforced
5.4 Carbon fiber reinforced
5.5 Mineral-filled
5.6 Hybrid

CHAPTER 6 MARKET ESTIMATES & FORECAST, BY END USE, 2021-2034 (USD BILLION) (TONS)

6.1 Key trends
6.2 Automotive
6.3 Electrical & electronics
6.4 Machinery
6.5 Personal care
6.6 Others

CHAPTER 7 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2034 (USD BILLION) (TONS)

7.1 Key trends
7.2 North America
  7.2.1 U.S.
  7.2.2 Canada
7.3 Europe
  7.3.1 UK
  7.3.2 Germany
  7.3.3 France
  7.3.4 Italy
  7.3.5 Spain
  7.3.6 Russia
7.4 Asia Pacific
  7.4.1 China
  7.4.2 India
  7.4.3 Japan
  7.4.4 South Korea
  7.4.5 Australia
7.5 Latin America
  7.5.1 Brazil
  7.5.2 Mexico
7.6 MEA
  7.6.1 South Africa
  7.6.2 Saudi Arabia
  7.6.3 UAE

CHAPTER 8 COMPANY PROFILES

8.1 Akro-Plastic
8.2 Arkema
8.3 Basf Se
8.4 Dupont De Nemours
8.5 Ems-Chemie
8.6 Evonik Industries
8.7 Royal
8.8 Solvay


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