Global Polyamide Market, By Type (PA 6, PA 66, Bio Polyamides and Specialty Polyamides), Class (Aliphatic Polyamides, Semi-Aromatic and Aromatic Polyamides), Application (Fibers, Wire and Cables, 3D Printing, Sports Equipment, Engine Components, Brakes and Transmission Parts and Household Goods and Appliances), End-Use (Automotive, Electrical and Electronics, Textile, Aerospace and Defense, Packaging and Consumer Goods), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The polyamide market is expected to witness market growth at a rate of 4.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report polyamide market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand for the product from end use industries is escalating the growth of the polyamide market.
Polyamide refers to a polymer with versatile properties that occurs naturally in the form of wool and silk. The product is synthesized artificially and it is widely used in various industries such as automotive, textile, packaging, electronics, machinery, and coatings.
The widespread applications of the product in the packaging industry, across the globe, act as one of the major factors driving the growth. The rise in demand for polyamide in critical sectors such as electrical & electronics, machinery, packaging, automotive, textiles, and consumer goods and increase in electronic connectors and as a shielding material in conveyor systems and trays accelerate the market growth. The rise in the inclination towards polyamide over metals in automotive air intake manifolds and high usage of the polymer to reduce system costs and integrate components to increase automobiles' fuel efficiency further influence the market. Additionally, the expansion of the electrical and electronics industry and research and development positively affects the polyamide market. Furthermore, development is the growing need for lightweight materials in the automobile and transportation sectors to extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, volatile prices of raw materials and competition from elastomer-based alternatives are expected to obstruct market growth. The presence of stringent government regulations is projected to challenge the polyamide market in the forecast period of 2021-2028.
This polyamide market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, and technological innovations in the market. To gain more info on polyamide market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Polyamide Market Scope and Market Size
The polyamide market is segmented on the basis of type, class, application, and end-use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the polyamide market is segmented into PA 6, PA 66 and bio polyamides and specialty polyamides.
- On the basis of class, the polyamide market is segmented into aliphatic polyamides and semi-aromatic & aromatic polyamides. Aliphatic polyamides are further segmented into PA 4,6, PA 6,6, PA 6, PA 6,10, PA 6,9 and PA 11. Semi-aromatic & aromatic polyamides are further segmented into pa 6t, pa 6i and phenylene terephthalamide.
- On the basis of application, the polyamide market is segmented into fibers, wire and cables, 3D printing, sports equipment, engine components, brakes and transmission parts and household goods and appliances.
- On the basis of end use, the polyamide market is segmented into automotive, electrical and electronics, textile, aerospace and defense, packaging and consumer goods.
Global Polyamide Market Country Level Analysis
The polyamide market is analyzed and market size, volume information is provided by country, type, class, application, and end-use as referenced above.
The countries covered in the global polyamide market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the polyamide market and is expected to witness high growth during the forecast period of 2021 to 2028 because of the increasing application of automotive and food packaging industries and the rise in demand for processed food products in emerging markets within the region.
The country section of the polyamide market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Polyamide Market Share Analysis
The polyamide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to polyamide market.
The major players covered in the polyamide market report are PolyOne Corporation, RTP Company, Evonik Industries AG, KRAIBURG TPE Private Limited, Arkema, BASF SE, KURARAY CO., LTD., SABIC, LG Chem, Huntsman International LLC, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, KRATON CORPORATION, The Lubrizol Corporation, Celanese Corporation, Asahi Kasei Corporation, TSRC and Tosoh Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Polyamide Market
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