Polyamide In Electronic Protection Device Market - Forecast 2021 - 2026
Polyamide in Electronic Protection Device Market Overview Polyamide in Electronic Protection Device Market size is expected to be valued at $613.2 million by the end of the year 2026 and the market is set to grow at a CAGR of 4.5% during the forecast period from 2021-2026. The increase in use of Polyphthalamide (PPA) in various key industries such as electronics & electrical, automobile, and others expanded due to its superior properties like high temperature polyamide, good resistance to heat, and provides a better mechanical structure and this is driving the market growth. Furthermore, the increase in demand for thermosetting polymer that is used for insulation purposes in electronic gadgets and devices is also fuelling the growth of polyamide in electronic protection device industry. COVID-19 impact The Covid-19 pandemic has led to the slowdown of polyamide in electronic protection device market in terms of production, supply chain management, and inventory clearance. This has...