Press release
Polyether Block Amide Market Size Worth USD 5.73 Billion in 2032 | Emergen Research
Polyether Block Amide Market
Polyether block Amide, or PEBA, is a type of thermoplastic elastomer (TPE) produced by polycondensing an alcohol termination polyether (PTMG, PEG) with a carboxylic acid polyamide (PA6, PA11, PA12). PEBA is used in the sports industry for advanced shoe outsoles and damping system components (football, baseball, basketball, trekking, track & field, jogging, etc.). It is valued for its flexibility, low density, energy return, and damping qualities. Pebax tubing is used in medical applications such as catheter shafts, catheter tips, dilators, and balloons.
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Some Key Highlights From the Report
Polyamide 11 segment accounted for largest revenue share in 2022. Polyamide 11 (PA 11) or Nylon 11 is a non-biodegradable polyamide bioplastic made from vegetable oil. The main factors driving the growth of this segment are PA 11's improved strength, less water absorption, increased heat resistance, and minimal environmental impact. Additionally, it provides superior UV protection and uses fewer renewable resources in its manufacture. This results in their utilization in air, hydraulic or gasoline hoses, cams, tool handles, powder coatings for metal, including handrails, and gears. Moreover, the modified PA 11 is also used in applications including micro switches, fuel, vacuum, and air brake lines, damping cog wheels, and cable ties for the automobile sector and electrical installations. This is due to their high abrasion resistance and improved flexibility.
Moreover, the segment's growth is being driven by the recent and ongoing development of bio-based polymer blends of PA11, such as its blending with poly(butylene succinate) (PBS). This is because the components are purely bio-based and are produced using renewable resources, which lowers the cost of the raw materials. PBS is also biodegradable and compostable. Hence, major business firms are taking significant initiatives in the production and development of bio-based PA 11 polymer. For instance, on 23 April 2021, Arkema stated its plan of implementing the manufacture of Amino 11 and its major Rilsan polyamide 11 high performance polymer in Singapore during the first half of 2022. This factory, which is made entirely of renewable castor beans, is expected to increase Arkema's production of polyamide 11 by 50% on a global scale. These are the key factors which are contributing significantly to the segment's revenue growth.
Some major companies in the global market report include
UBE Corporation, Arkema, BASF SE, MS-CHEMIE HOLDING AG, Teleflex Incorporated, Zeus Company Inc., Zotefoams plc, Univar Solutions Inc., SAINT-GOBAIN, and Evonik.
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Emergen Research has segmented global Polyether Block Amide (PEBA) Market on the basis of Type, Application, and Region:
Type Outlook (Revenue, USD Billion; 2019-2032)
Polyamide 11 Elastomer
Polyamide 12 Elastomer
Others
Application Outlook (Revenue, USD Billion; 2019-2032)
Industrial
Medical
Consumer Goods
Others
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Key Questions Answered in the Report:
What is the growth rate of the Polyether Block Amide market?
What is the anticipated market valuation of Polyether Block Amide industry by 2032?
What are the key growth driving and restraining factors of the Polyether Block Amide market?
Who are the prominent players operating in the market?
What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Polyether Block Amide industry over the forecast period?
Which region is expected to show significant growth in the coming years?
Look Over transcripts provided by Emergen Research
Polyether Block Amide (PEBA) Market Size@ https://www.emergenresearch.com/industry-report/polyether-block-amide-market/market-size
Polyether Block Amide (PEBA) Market Share@ https://www.emergenresearch.com/industry-report/polyether-block-amide-market/market-share
Polyether Block Amide (PEBA) Market Trends@ https://www.emergenresearch.com/industry-report/polyether-block-amide-market/market-trends
Polyether Block Amide (PEBA) Market Demands@ https://www.emergenresearch.com/industry-report/polyether-block-amide-market/regional-market-demand
Polyether Block Amide (PEBA) Market Analysis@ https://www.emergenresearch.com/industry-report/polyether-block-amide-market/market-analysis
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