Global Polyamide Market Trends and Forecast 2025 | Most Leading Companies - BASF SE, AdvanSix Inc., UBE Corporation, Lanxess AG, Huntsman Corporation, DSM

Polyamide Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.

The Global Polyamide Market reached USD 37.4 billion in 2022 and is expected to reach USD 60.2 billion by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.

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Market opportunities and Growth Drivers

✦ Rising Automotive Industry Demand

✦ Growing End-Use Industry Needs

✦ Fluctuating Polyamide Material Costs

✦ Raw Material Shortages

✦ Increased Demand for PA 6 in Automotive Parts

✦ Growing Polyamide Use in Automotive Electronics in Asia-Pacific

Polyamide Market Recent Development:

On February 1, 2022, BASF began marketing a range of polyamide (PA) and Polyphthalamide (PPA) grades acquired through its purchase of Solvay's PA66 business. These engineering polymers will continue to be sold under BASF's established Ultramid brand, replacing the former Technyl trade name.

On February 17, 2022, AdvanSix Inc. acquired U.S. Amines Limited in an all-cash deal valued at approximately US$ 100 million. The transaction is expected to close in the first quarter of 2022 and will contribute positively to AdvanSix's profits for the year. Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel for AdvanSix.

On October 14, 2022, LANXESS introduced a range of services to support clients transitioning from polyamide 66 to polyamide 6. These services include collaborative concept development for component design, material optimization, and advanced CAE methods for predicting component properties.

List of the Key Players in the Polyamide Market:

BASF SE, AdvanSix Inc., UBE Corporation, Lanxess AG, Huntsman Corporation, DSM, Arkema SA, Evonik Industries AG, Honeywell International Inc. and Domo Chemicals.

Assessing the Effects of U.S. Tariffs on the Polyamide Market

The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.

Research Process:

Both primary and secondary data sources have been used in the global Polyamide Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Polyamide Market:

By Product: PA6, PA66, PA12, Bio-based, Specialty Polyamides, Others

By Type: Aliphatic Polyamides, Semi- Aromatic, Aromatic Polyamides

By Application: Automotive, Industrial/Machinery, Electrical & Electronics, Consumer Goods & Appliances, Packaging/Film, Wire & Cable, Textiles, Industrial, Carpet, Staple, Others

Regional Analysis for Polyamide Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

People Also Ask:

Most Frequently Asked Questions in the Polyamide Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Polyamide market?

➠ Who are the top manufacturers in the global Polyamide industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Polyamide market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Polyamide market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Polyamide industry landscape?

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