Press release
Global Market For Polyamide Market To Generate Lucrative Revenue Prospects For Manufacturers : Fact.MR
The global polyamide market has reached a valuation of US$ 29.71 billion and is estimated to surge to US$ 42.29 billion by the end of 2032. Consumption of polyamides is predicted to increase at a CAGR of 3.6% from 2022 to 2032. These insights are from a new industry survey on the polyamide market by Fact.MR, a market research and competitive intelligence provider.Increasing demand for lightweight vehicles has propelled the use of polyamides in the automotive industry and is anticipated to be a major trend across the forecast period. Increasing focus on sustainability is also expected to provide new opportunities for the sales of bio-based polyamides. Industrialization and urbanization are expected to favor polyamide market growth potential owing to rising construction activity.
Polyamide manufacturers are expected to increase their production capacity to meet high demand from several industry verticals. Polyamide suppliers are also expected to increase their investments in the research division to boost the development of specialty polyamides and bio-based polyamides that are expected to see high demand over the coming years.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ - https://www.factmr.com/connectus/sample?flag=S&rep_id=7467
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐ฃ๐ผ๐น๐๐ฎ๐บ๐ถ๐ฑ๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
๐ฃ๐ผ๐น๐๐ฎ๐บ๐ถ๐ฑ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ง๐๐ฝ๐ฒ :
Polyamide 6 Market
Polyamide 66 Market
Bio-based Polyamide Market & Specialty Polyamides Market
๐ฃ๐ผ๐น๐๐ฎ๐บ๐ถ๐ฑ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป :
Engineering Plastics
Fiber
๐ฃ๐ผ๐น๐๐ฎ๐บ๐ถ๐ฑ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป :
North America
Latin America
Europe
APAC
MEA
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=7467
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข In 2022, the polyamide market accounts for a value of US$ 29.71 billion.
โข From 2022 to 2032, the polyamide market is expected to rise at a CAGR of 3.6% and attain a valuation of US$ 42.29 billion by 2032.
โข Increasing use of polyamides in the automotive industry, rising focus on sustainability, growing industrialization, and rising investments in R&D are anticipated to drive polyamide market expansion.
โข The PA 6 segment accounts for a dominant market share of 43.6%, currently valued at US$ 12.96 billion.
โข The market for polyamides in North America is expected to account for a value of US$ 13.77 billion by 2032 while expanding at a CAGR of 3.5%.
โข Fiber application of polyamides is estimated to hold a market share of 68.3% by 2032.
๐ช๐ถ๐ป๐ป๐ถ๐ป๐ด ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐
Polyamide manufacturers are anticipated to invest in production capacity expansion to meet the high demand. Polyamide companies are also expected to focus on mergers, collaborations, acquisitions, and partnerships to increase their market presence on a global scale and boost revenue generation potential.
New entrants can also penetrate the market to gain substantial revenue shares as the market is partially fragmented in nature.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ - https://www.factmr.com/checkout/7467
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐ผ๐ป ๐ข๐ณ๐ณ๐ฒ๐ฟ
Fact.MR, in its new offering, presents an unbiased analysis of the global polyamide market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the market on the basis of type (PA 6, PA 66, bio-based & specialty polyamides) and application (engineering plastics, fiber), across five major regions (North America, Latin America, Europe, APAC, and MEA).
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