Polyamide Market worth $69.35 billion by 2030, growing at a CAGR of 5.91% - Exclusive Report by 360iResearch

The "Polyamide Market by Product (Aliphatic Polyamides, Aromatic Polyamides), Type (Bio-Based, Conventional), End-User Industries - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Polyamide Market to grow from USD 46.39 billion in 2023 to USD 69.35 billion by 2030, at a CAGR of 5.91%.

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The polyamide market includes the production, sales, and application of diverse synthetic polymers known as nylons, characterized by their durability, versatility, and lightweight properties. These materials are commonly employed in automotive, aerospace & defense, electronics & electrical appliances, packaging, and consumer goods manufacturing. Growing demand for lightweight materials in automotive applications for better fuel efficiency and increased need for high-performance components in aerospace and military sectors are driving the market growth. Moreover, the rising utilization of flexible packaging across various industries, including food products, beverages, and pharmaceuticals, propels market growth. Fluctuations in raw material prices of polyamides and water absorption and shrinkage issues associated with polyamides are restraining the market growth. Additionally, the ongoing research and developments for exploring sustainable alternatives such as bio-based polyamides derived from renewable sources have contributed to market expansion by offering environmentally friendly substitutes. In addition, expanding polyamide's applications across 5G and wearable devices is expected to create significant growth opportunities in the market.

The United States and Canada are significant consumers of polyamides in the Americas owing to the high demand from industries such as automotive, aerospace, electronics, packaging solutions, and textiles. The need for lightweight components in the automotive and aerospace sectors has led to a surge in polyamide usage to reduce weight and improve fuel efficiency. Additionally, increased investments in research and development aim to create sustainable alternatives for traditional materials. Europe represents a significant position in the global polyamide market due to its strict environmental regulations that promote green initiatives and sustainability within various industries. The recent adoption of circular economy action plans has accelerated investments in advanced materials that can be more efficiently recycled or repurposed after use. Innovations in food packaging technologies have led the EU countries to adopt biodegradable polyamides, contributing significantly to waste reduction efforts. Furthermore, in the Middle East & Africa (MEA) region, polyamide demand is primarily driven by oil & gas operations requiring high-performance materials that can withstand harsh conditions. China is one of the major and largest producers and consumers of polyamide materials in the Asia-Pacific region due to rapid economic growth and expanding automotive and textile industries. India and Japan are emerging as significant players in the market owing to increasing infrastructure investments and the adoption of advanced materials across various sectors.

Market Segmentation & Coverage:

This research report categorizes the Polyamide Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Aliphatic Polyamides and Aromatic Polyamides. The Aliphatic Polyamides is further studied across Polyamide 11, Polyamide 12, Polyamide 6, and Polyamide 66. The Aromatic Polyamides is further studied across Aramid and Polyphthalamide. The Aliphatic Polyamides commanded largest market share of 84.39% in 2023, followed by Aromatic Polyamides.

Based on Type, market is studied across Bio-Based and Conventional. The Conventional commanded largest market share of 88.02% in 2023, followed by Bio-Based.

Based on End-User Industries, market is studied across Automotive, Consumer Goods & Appliances, Electrical & Electronics, Packaging, and Textile & Carpets. The Automotive commanded largest market share of 51.45% in 2023, followed by Consumer Goods & Appliances.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.75% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Polyamide Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Polyamide Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Polyamide Market, highlighting leading vendors and their innovative profiles. These include AdvanSix Inc., Aramid Hpm, LLC, Arkema Group, Asahi Kasei Corporation, Ascend Performance Materials Operations LLC, Avient Corporation, BASF SE, Beaulieu International Group N.V., Celanese Corporation, China National Bluestar (Group) Co, Ltd., DOMO Chemicals GmbH, DuPont de Nemours, Inc., EMS Group, Envalior GmbH, Evonik Industries AG, FUJIFILM Corporation, Gujarat State Fertilizers & Chemicals Limited, Huntsman Corporation, Huvis Corp., Hyosung Group, Koch Industries, Inc., Kolon Industries, Inc., Kuraray Co., Ltd., Lydall, Inc., Merck KGaA, Mitsubishi Gas Chemical Company Inc., Mitsui Chemicals, Inc., Radici Partecipazioni S.p.A., Roboze S.p.A., Royal DSM, Shanghai J&S New Materials Co.,ltd, Sinopec Corp., Sumitomo Chemical Co., Ltd., Taekwang Industrial Co., Ltd., Teijin Limited, Toray Industries, Inc., TOYOBO MC Corporation, UBE Corporation, X-FIPER New Material Co., Ltd., and Yantai Tayho Advanced Materials Co.,Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Polyamide Market, by Product
7. Polyamide Market, by Type
8. Polyamide Market, by End-User Industries
9. Americas Polyamide Market
10. Asia-Pacific Polyamide Market
11. Europe, Middle East & Africa Polyamide Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Polyamide Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Polyamide Market?
3. What is the competitive strategic window for opportunities in the Polyamide Market?
4. What are the technology trends and regulatory frameworks in the Polyamide Market?
5. What is the market share of the leading vendors in the Polyamide Market?
6. What modes and strategic moves are considered suitable for entering the Polyamide Market?

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