Global High Performance Polyamides Market By Type (PA 12, PA 11, PA 46, PARA, PPA), Application (Transport, Electrical & Electronics, Medical, Industrial), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global High Performance Polyamides Market
Global High Performance Polyamides market is expected to rise at a CAGR of 7.5% in the forecast period of 2019-2026.This rise in market value can be attributed to growing demand for High Performance Polyamides they are a replacement to conventional materials.
Market Definition: Global High Performance Polyamides Market
High performance polyamides can withstand extreme conditions such as long term exposure to heat, chemicals, and moisture. Factors such as improving economic conditions and weight reduction in automotive sector have played key roles in the growth of this market. Applications such as transportation, electrical & electronics, medical, and industrial have witnessed growing demand for high performance polyamides
- Improving economic conditions in developing regions driving automobile sales is the major driver for the rising demand of high performance polyamides
- Replacement of conventional materials by high performance polyamides also boosts the market growth
- High cost of high performance polyamides acts as restraint for market growth
- High competition from hybrid polymers and composites
Segmentation: Global High Performance Polyamides Market
- PA 12
- PA 11
- PA 46
- Electrical & Electronics
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In June 2018, Argosy International Inc. entered into an agreement with Solvay’s Composite Materials Business to extend their services to Asia Pacific region. This partnership between both the companies will help to expand Solvay’s customer in Asia-pacific region
- In November 2017, Evonik announced the acquisition of business of high-concentrates additive compounding from 3M. the company is into the manufacture of variety of additives and the acquisition will help the company to offer solid additives globally
Global High Performance Polyamides market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of High Performance Polyamides market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in high performance polyamides market are Arkema Group, Evonik Industries AG, UBE, TOYOBO CO., LTD., Solvay SA, Royal DSM, Mitsui Chemicals, Inc., MITSUBISHI GAS CHEMICAL COMPANY, INC., KURARAY CO., LTD., Evonik, EMS-CHEMIE HOLDING AG, DuPont de Nemours, Inc.
Research Methodology: Global High Performance Polyamides Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved