Press release
Polyamides Market by Top Application, Performance, Feasibility Key Players, Consumption Status, Production, Regions, Opportunity Assessment to 2023
Polyamides Market Research Report- Forecast till 2023
Intended Audience
Polyamides market manufacturers
Traders and Distributors of Polyamides market
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
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Polyamides Market- Top 10 Global key Players & Their Strategy
Some of the prominent players operating in the global polyamides market are BASF SE( Germany), Honeywell International, Inc. (U.S.), Asahi Kasei Corporation (Japan), Evonik Industries AG (Germany), Dupont (U.S.), Formosa Plastics Corporation (Taiwan), Huntsman International LLC (U.S.), Arkema SA (France), Koninklijke DSM N.V. (the Netherlands), and UBE INDUSTRIES, LTD (Japan) among others.
Polyamides Market
Polyamides are polymers composed of repeated amides such as -CO-NH-, linkages. These polymers are either obtained naturally in nature or formed by synthetic process. The naturally occurring polyamides are proteins, wool, and silk whereas artificial polyamides include nylons, aramids, and sodium poly (aspartate) and are formed by step growth polymerization process or solid-phase synthesis method. They are known for high standard performance, enhanced efficiency, durability, reliability, and other features which are also influencing the market confidently. Due to these factors, they are used in various applications such as engineering plastics and fiber.
Competitive Analysis
The global polyamides market is driven by the scope of its application in various sectors such as engineering plastics and fiber segments. Moreover, engineering plastics segment is set to grow at a higher CAGR owing to the endless use of lightweight materials in the sector.
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Segmentation Analysis
The global polyamides market is segregated into the types, and application segment. The market by type is divided into bio polyamides, and speciality polyamides segments. The bio polyamides sub-segment is further segregated into PA 6, PA 66, PA 10, PA 11 and PA 12 segments whereas speciality polyamides sub-segment is classified into PA 6/10, PA 6/12, and PA 4/6 types. The market by application is bifurcated into engineering plastics, and fiber segments. The engineering plastics sub-segment is differentiated into automotive, industrial/machinery, electrical & electronics, consumer goods & appliances, packaging/film, wire & cable. Textile, industrial, carpet, and staple are the classifications of fiber sub-segment.
Regional Analysis
The polyamides market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing demand for polyamide materials in automotive, electrical & electronics, packaging, consumer appliances, and others. The increase in disposable income and growing demand of bio-based polyamides in major industries has propelled the region to witness a higher growth over the assessment period. Countries such as China, Japan, and India are the major players in this market.
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