Polyamides Market Size, Status and Precise Outlook 2021 to 2026

The polyamides market is expected to register a CAGR of over 4% during the forecast period. The Global Polyamides Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.

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Key Market Players:

Arkema, BASF SE, DuPont, Royal DSM, and Kuraray Co. Ltd and Other

Key Market Trends

Growing Applications in the Automotive Industry

- The use of plastics makes vehicles lighter, safer, and more economical. Plastics are used for making interiors, structural elements, propulsion engineering, and technical parts, among others.
- Polyamide is used in the production of glass-reinforced plastics-based structural parts, air intake manifolds, engine covers, rocker valve covers, airbag containers, and various other interior and exterior automotive parts.
- For a car's powertrain, manufacturers are promoting plastic chain tensioner guides made of PA 4, 6, since PA 6, 4, which offers better wear performance than high molecular weight PA 6, 6, and PA 6, 6.
- It also enhances safety and reduces noise generation. PA 6, 6 has found its way into automotive cooling systems, where it allows the consolidation of various components that were once made of aluminum and plastics. PA 6, 6 is also used in headlamp bezels.
- Furthermore, the growing demand for lightweight materials in the automotive industry, in order to provide increased efficiency and design flexibility, is primarily responsible for the growth of the polyamide market in recent times.

China to Dominate the Asia-Pacific Market

- The Chinese automotive manufacturing industry is the largest in the world. The automotive industry is the largest consumer of polyamides. The demand for polyamides from the automotive sector is increasing at a moderately high rate.
- Globally, China registered the largest defense spending in the world, after the United States. The aviation industry in the country is expected to gather around 6,000 new airplanes by 2033.
- The increase in the numbers of passengers encouraged the government to invest more in the production of additional flights, which in turn, increased the consumption of polyamides.
- Electronic products, such as smartphones, OLED TVs, tablets, etc., registered the highest growth rate in the consumer electronics segment.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Polyamides market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Polyamides market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Polyamides market.

Market Segments: This part of the report discusses product type and application segments of the global Polyamides market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Polyamides used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format

- 3 months of analyst support

How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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Irfan Tamboli (Head of Sales) – Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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