Market Overview:
The global polyarylate (PAR) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the PAR market can be attributed to the increasing demand for electronic appliances, medical devices, and automobiles. Additionally, the growing demand for lightweight and high-performance materials is also contributing to the growth of the PAR market. The resin segment is expected to dominate the global PAR market during the forecast period owing to its superior properties such as high strength-to-weight ratio and thermal stability. The fiber segment is projected to grow at a higher CAGR than other segments during the forecast period due its ability to withstand harsh environmental conditions and corrosion resistance. In terms of application, electronic appliances are expected account for majority of share in terms of revenue in 2018 followed by medical devices and automotive industry respectively.
 Industry Outlook.svg)
Product Definition:
A polymer made from the combination of aryl esters of acrylic and methacrylic acid. It has high tensile strength, stiffness, creep resistance, and impact resistance.
Resin:
Resin is a natural element found in plants and animals. It's molecular structure makes it an attractive material for use in various applications such as adhesives, sealants, coatings, composites and elastomers. Polyarylate resins are synthetic materials that have similar properties to that of resin; however they are made up of different molecules than the conventional type.
Fiber:
Fiber is a type of synthetic material that is used in the production of polyarylate (PAR) resins. Fiber helps PAR to be more flexible and durable than other materials such as glass fiber, carbon fiber or metal. Polyarylate has many applications such as it can be used in making composites for automotive parts, sports equipment, aircraft components and electronics among others.
Application Insights:
The other applications of polyarylate include paints and coatings, adhesives and sealants, paper coating, leather finishing and inks. The demand for the product is expected to increase in these applications as it acts as a protective layer against corrosion.
Polyarylate is used to manufacture electronic appliances such as refrigerators, freezers, washing machines among others. It provides protection from magnetic fields which enables better performance of the device. PAR also has an anti-reflective property which enhances visibility of LCD displays on mobile phones among other electronic devices. These factors are likely to drive the demand for polyarylate over the forecast period especially during future years when consumer preferences shift towards energy-efficient products with enhanced features owing to increasing concerns regarding environment pollution levels globally ¢â‚¬Ëœ [1].
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as automotive, electronics, medical devices, and machinery. China led the Asia Pacific polyarylate market with a revenue share of 34% in 2017 owing to high product demand from various end-use sectors such as packaging & printing inks for paper products; electronic appliances; paints & coatings; rubber tires; plastic bottles/tubing etc.
The Europe polyarylate market is expected to witness significant growth over the forecast period owing to rising R&D activities related to renewable energy sources along with technological advancements pertaining microelectronics and nanotechnology across several industries including automotive, aerospace & defense among others. Rising consumer disposable income levels coupled with growing investments on account of government initiatives are also expected drive industry expansion over next eight years or so.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction and packaging
- Growing awareness about the benefits of PAR among consumers
- Rising investment in research and development by leading players to develop new products
- Expansion of manufacturing capacities by key players to cater to the growing demand
- Emerging applications of PAR in medical devices, electrical & electronics and other industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyarylate (PAR) Market Research Report
By Type
Resin, Fiber, Others
By Application
Electronic Appliances, Medical, Machinery Industry, Automotive Industry, Others
By Companies
Unitika, Bayer, DuPont, Isovolta, Union Carbide, Kaneka Corporation, Celanese Corporation, China Bluestar Chengrand Co., Ltd., Kuraray
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Polyarylate (PAR) Market Report Segments:
The global Polyarylate (PAR) market is segmented on the basis of:
Types
Resin, Fiber, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Appliances, Medical, Machinery Industry, Automotive Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Unitika
- Bayer
- DuPont
- Isovolta
- Union Carbide
- Kaneka Corporation
- Celanese Corporation
- China Bluestar Chengrand Co., Ltd.
- Kuraray
 Market Overview.svg)
Highlights of The Polyarylate (PAR) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Resin
- Fiber
- Others
- By Application:
- Electronic Appliances
- Medical
- Machinery Industry
- Automotive Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyarylate (PAR) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyarylate is a type of plastic that is made from a mixture of polymers. Polyarylate plastics are often used in products that need to be strong and flexible, such as toys and phone cases.
Some of the major players in the polyarylate (par) market are Unitika, Bayer, DuPont, Isovolta, Union Carbide, Kaneka Corporation, Celanese Corporation, China Bluestar Chengrand Co., Ltd., Kuraray.
The polyarylate (par) market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyarylate (PAR) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyarylate (PAR) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyarylate (PAR) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyarylate (PAR) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyarylate (PAR) Market Size & Forecast, 2020-2028
4.5.1 Polyarylate (PAR) Market Size and Y-o-Y Growth
4.5.2 Polyarylate (PAR) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Resin
5.2.2 Fiber
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic Appliances
6.2.2 Medical
6.2.3 Machinery Industry
6.2.4 Automotive Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyarylate (PAR) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyarylate (PAR) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Resin
9.6.2 Fiber
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic Appliances
9.10.2 Medical
9.10.3 Machinery Industry
9.10.4 Automotive Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Resin
10.6.2 Fiber
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic Appliances
10.10.2 Medical
10.10.3 Machinery Industry
10.10.4 Automotive Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Resin
11.6.2 Fiber
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic Appliances
11.10.2 Medical
11.10.3 Machinery Industry
11.10.4 Automotive Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Resin
12.6.2 Fiber
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic Appliances
12.10.2 Medical
12.10.3 Machinery Industry
12.10.4 Automotive Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Resin
13.6.2 Fiber
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic Appliances
13.10.2 Medical
13.10.3 Machinery Industry
13.10.4 Automotive Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyarylate (PAR) Market: Competitive Dashboard
14.2 Global Polyarylate (PAR) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Unitika
14.3.2 Bayer
14.3.3 DuPont
14.3.4 Isovolta
14.3.5 Union Carbide
14.3.6 Kaneka Corporation
14.3.7 Celanese Corporation
14.3.8 China Bluestar Chengrand Co., Ltd.
14.3.9 Kuraray
