Press release
Polyamide Market Witnessing Heavy Growth With Key Manufacturers Like BASF, Honeywell, Evonik, DuPont, Formosa Plastics Group, Huntsman Corporation, Arkema, DSM, LANXESS, Solvay, SABIC, Asahi Kasei, And others
The Polyamide market research report additionally recognizes and investigations the rising patterns alongside real drivers, difficulties and opportunities in Polyamide market. The report investigates the past and current appearance of this market in an offer to procure a reasonable understanding into its future possibilities. It likewise takes the main impetuses, challenges, noticeable patterns, openings, and different variables that impact the development of this market in thought to find the market's extension in the years to come. It defines the past development and patterns, based on these past encounters, it gives the future viewpoint concerning different components affecting the development rate.This thorough Polyamide report offers a comprehensive examination of the significant determinants, for example, market elements, market share, trends etc. These past movement and variables help to fabricate the procedure and future arranging of Polyamide Market and hold a spot in the focused world. The report examines the business patterns, development rate, prospects, drivers, limitations, dangers, and rewarding chances, by methods for recognizing the high-development sections of the market through the different methodologies. The measurable reviewing study additionally explains the various procedures, joint efforts, merger and acquisitions, product dispatches, developments, and the exercises in the Polyamide Market.
The Global Polyamide Market accounted for USD 25.64 billion and market is projected to grow at a CAGR of 4.3% by the end of 2024.
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Polyamide (PA), commonly called Nylon, is a semi-crystalline polymer derived from cyclohexane. It has an amide group (CONH). PAs have exceptional toughness along with good wear and sliding abilities. They can either be aliphatic or aromatic in nature. The latest trend in this market is high demand automotive industries and for development of advance weapons in defense sector. There is growing demand of polyamide for applications such as moisture absorbent, chemical resistant, temperature resistant, aesthetic, colorable are the driving for the polyamide market in the forecasted years.
Key Players of Polyamide Market
Some of the major players in polyamide market include BASF SE, Honeywell International, Inc., Asahi Kasei Corporation,Evonik Industries AG, E.I. Dupont De Nemours & Company, Formosa Plastics Corp., Huntsman Corporation,Arkema SA H, Royal DSM N.V., Ube Industries Limited,Invista S.A.R.L.,Lanxess AG, Quadrant AG, Solvay SA, Saudi Basic Industries Corp. (Sabic Innovative Plastics Holdings Bv), EMS Grivory, Kuraray, Toray, Domo Chemicals,GrupaAzoty,Radici Group, Ascend Performance Materials LLC, Li Peng Enterprise Co., Ltd., Grodno Khimvolonko, Zotefoams, Toyobo Co., Ltd., China Shenma Groupand many more.
The global polyamide market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Market Segmentation of Polyamide Market
The polyamide market is segmented on the basis of product type into polyamide 6,6, polyamide 6, polyamide 66/6, Kevlar and others.
On the basis of application, the market is segmented
• moisture absorbent,
• chemical resistant,
• temperature resistant,
• aesthetic, and
• colorable
On the basis of end-user, the market is segmented
• automotive,
• aerospace & defense,
• electrical & electronics,
• packaging & storage,
• extrusion,
• textile
On the basis of geography, the polyamide market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Europe,
• Asia-Pacific and
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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"𝐄𝐧𝐚𝐛𝐥𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐂𝐮𝐭𝐭𝐢𝐧𝐠-𝐄𝐝𝐠𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐭 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧-𝐌𝐚𝐤𝐢𝐧𝐠"
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