Published by FACT MR
Posted on September 24, 2021
5 min readLast updated: February 2, 2026
High performance polymers, led by polyphthalamide, are crucial in powertrains and engines. The Asia Pacific region dominates, with significant growth in the automotive sector.
Electroactive polymers are high performance polymers that can change their shape or size when stimulated by an electric field. Advancements in the field of technology coupled with the increasing significance of piezoelectric and ferromagnetic materials have led to the growth of the electroactive polymers market. Additionally, a surge in the production of electronics in regions like the Asia Pacific is also driving the global electroactive polymers market. Moreover, industries in which electroactive polymers find their prominent use are biomedical and automotive industries.
Additionally, advancements in the field of nanotechnology coupled with investment in the biomedical research & development sector are propelling the required growth for electroactive polymers demand.
As per a new report published by Fact.MR, the high performance polymers market is anticipated to expand at a CAGR of close to 8% over the next ten years.
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“Surge of market valuation is anticipated to be observed on the back of huge R&D investments in high performance polymers,”says a Fact.MR analyst.
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Market players have been spending on research & development to come up with newer polymers that are enhanced and relatively lightweight. These enhancements will drive the growth of the high performance polymers sales in the medium- to the long-term forecast period.
Fact.MR, in its new offering, presents an unbiased analysis of the global high performance polymers market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. The study divulges essential insights on the market based on product (polyphenylene sulfide (PPS), polyphthalamide (PPA), polyamide (PA) PA46 & PA4T, liquid crystal polymers (LCPs), polyether ether ketone (PEEK), and polyaryletherketone (PAEK), polyvinylidene fluoride (PVDF)) and application (powertrains & engines, electrical components, interior & exterior furnishings, under-the-hood components, and structural components), across six major regions of the world (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).
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The post Polyphthalamide (PPA) Segment In High Performance Polymers for Powertrains & Engines Captures A Major Chunk : Fact.MR appeared first on The Cloud Tribune.
The article focuses on the high performance polymers market, particularly polyphthalamide's role in powertrains and engines.
How is the Asia Pacific region influencing the market? It dominates market revenue and is a key growth driver.
What is the expected growth rate? The market is anticipated to expand at a CAGR of close to 8% over the next decade.
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