Polyphthalamide (PPA), mainly made from terephthalic acid or isophthalic acid, is a semi-aromatic polyamide. It has the advantages of high hardness, high strength, good chemical resistance, and low cost.

Overview of Market Development and Analysis of Segmented Markets

According to our research data, the global polyphthalamide market size was $1216 million in 2023. In the coming years, with the continuous development of the global economy and the continuous progress of technology, its market demand will continue to grow. It is expected that by 2028, the global polyphthalamide market size will increase to $1632 million.

From downstream applications, as a high-performance engineering plastic, poly (phthalamide) is widely used in fields such as automotive, electronics, electrical, aerospace, etc. due to its excellent mechanical properties, heat resistance, chemical corrosion resistance, and electrical insulation. Among them, the automotive industry is the largest downstream application market, with a market share of 47.88% in 2023.

From the perspective of product types, based on the structure and morphology of polymer chains, polyphthalamide can usually be divided into two categories: fiber polymers and crystalline polymers. Among them, the fiber polymer segment market dominates. In addition, according to the different processing methods of poly (phthalamide), it can also be divided into injection molding grade, extrusion grade, stamping grade, injection grade, and other different grades.

Source: www.globalmarketmonitor.com

Analysis of Market Competition Pattern

From the perspective of market competition, the concentration of the global market for phthalamide is moderate. The data shows that the total output value of polyphthalamide among the top 3 companies was $442 million in 2023, with a total share of 38.60%. The top three companies were DSM, Arkema, and Dupont. In 2023, these three companies accounted for 13.98%, 11.68%, and 10.65% of the global market for the output value of phthalamide.

Polyphthalamide (PPA) Output Value and Share of Main Companies in 2023

Companies	Output Value (Million USD)	Share
DSM	170	13.98%
Arkema	142	11.68%
Dupont	130	10.65%
Top3	442	36.31%

Source: www.globalmarketmonitor.com

Market Trend Prediction

In the future, with the rapid development of industries such as new energy vehicles, 5G communication, and aerospace,the application fields of poly (phthalamide) will further expand. At the same time, the continuous tightening of environmental policies will promote the development of poly (phthalamide) towards a more environmentally friendly and sustainable direction.