openPR Logo
Press release

High Performance Polyamides Market - Industry Forecast to 2024 - Increasing Demand From Automotive Industry

05-29-2017 07:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: CMI Market Report

High Performance Polyamides Market - Industry Forecast to 2024 -

High performance polyamides (HPPA) have the ability to withstand extreme conditions such as heavy moisture, continuous exposure to heat and chemicals. Also, HPPA’s offer improved dimensional stability as compared to conventional polyamides such as PA 6 and PA66, owing to the low moisture absorption property. Gradually bridging the performance and cost gap between the engineering polyamides and other high performance polymers, HPPAs find extensive use in electronics, automobiles, medical and various other demanding applications. Coherent Market Insights projected the market for high performance polyamides to grow at a healthy rate over the forecast period (2016-2024).

The global high performance polyamides market is driven by the escalating demand for high performance polyamides in the pharmaceuticals industry, due to its exceptional properties such as high chemical resistance, rigidity, impact resistance, high temperature resistance, impermeability, light weight and high tensile strength. The automotive industry is witnessing increasing demand for HPPA as a result of increasing lightweighting of vehicles characterized by rapid shift towards lighter non-metal components. Furthermore, demand for specialty polyamides is spurred by development of unconventional oil & gas technologies. However, difficulty in processing of HPPAs along with factors such as high cost of HPPA’s as compared to other conventional polymers and high threat of substitution from composites and hybrid polymers are expected to hamper market growth in the near future.

Get Sample Copy Of This Report :  https://www.coherentmarketinsights.com/insight/request-sample/350

High Performance Polyamides: Market Taxonomy

By Product Type

On the basis of product type, the global market is segmented into:

Polyamide 11 (PA 11)
Polyamide (PA 12)
Polyamide 9T (PA 9T)
Polyacrylamide (PARA)
Polyphthalamide (PPA )
Polyamide 46 (PA 46)
By End-user Industry

On the basis of end-user industry, the global ]market is segregated into:

Automotive
Pharmaceuticals
Electrical & Electronics
Industrial
Others (Textile, Oil & Gas, etc.)

Ask for Discount before buying the Report@ https://www.coherentmarketinsights.com/insight/request-discount/350

Among all the available types of high performance polyamides, the PA 11 type accounted for the largest share of the market in 2015 and the trend is expected to continue over the forecast period, owing to its cost-effectiveness and easy availability. Moreover, PA 11 finds a variety of applications in automotive, sports, oil & gas, and textile industry. Among end-user industries, the automotive segment accounted for the major share of the global high performance polyamides market in 2015, owing to the rising adoption of these polyamides in coolant systems, engine components, induction systems, and manufacturing of fuel systems. However, the pharmaceuticals industry is projected to witness fastest growth in the global market over the forecast period due to the rising adoption of HPPAs in various applications.

High Performance Polyamides Market Outlook- Asia-Pacific is expected to be the top investment destination for key market players

Region-wise, the global high performance polyamides market is classified into North America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific region currently dominates the global high performance polyamides industry, both in terms of value and volume, owing to the growing demand from various end-user industries such as pharmaceuticals, automotive, and electrical & electronics from countries such as China and India. Also, the large presence of major manufacturers in the region drives growth of the market for high performance polyamides in the Asia-Pacific region.

The key players identified in the global high performance polyamides market are BASF SE, Kuraray Co., Ltd., Royal DSM N.V., Evonik Industries AG, E.I. DuPont de Nemours and Company, Solvay S.A., SABIC, Arkema SA, Lanxess AG, EMS Grivory and Mitsui Chemicals. Others players present in the market are EMS-Chemie Holding AG, Mitsubishi Gas Chemical Company, Inc., Toyobo Co., Ltd., Zhejiang NHU Co., Ltd., and Ube Industries, Ltd.

To know more about the High Performance Polyamides Market, click the link below,
https://www.coherentmarketinsights.com/ongoing-insight/high-performance-polyamides-market-350

Key players in the global high performance polyamides market are currently focused on strategic investments and expansion strategies to enhance their production capabilities. For instance, in September 2016, Arkema SA expanded its existing specialty polyamides production capacity in China and U.S., through an investment of US$ 10.6 million. Furthermore, in February 2016, Evonik Industries AG announced plans to build a new plant in Germany for production of polyamide 12 powder under the brand name Vestosint.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release High Performance Polyamides Market - Industry Forecast to 2024 - Increasing Demand From Automotive Industry here

News-ID: 554670 • Views: 527

More Releases from CMI Market Report

ENT Chairs Market – Global Industry Insights, Trends
ENT is an area of medicine dealing with treatment of human body parts namely ear, nose, and throat (ENT) and few related areas such as neck and face. The medical disorders treated by ENT physicians include chronic ear infection, sinusitis, snoring, sleep apnea, hearing loss, allergies, hay fever, swallowing disorders, nosebleeds, hoarseness, dizziness and neck cancer. Ear, nose and throat specialists or otolaryngologists have specific tools for treating patients well
Global Respiratory Inhalers Market to Surge Past US$ 38.8 Billion by 2024
Respiratory Inhalers – Getting the Wind Back in Your Lungs Respiratory diseases such as bronchitis, asthma, allergic rhinitis, pneumonia and sinusitis can significantly curtail the physical activities of the individual. The symptoms associated with both mild and severe manifestations of these respiratory conditions include coughing, wheezing, chest pain, respiratory distress, shortness of breath, congestion, and even death in severe cases. These conditions lead to substantial morbidity and causes large cost of
Dental Equipment Market is Expected to Expand at a CAGR of 4.7% During the Forec …
The Global Dental Equipment Market was valued at US$ 6,342.3 million in 2015 and is projected to expand at a CAGR of 4.7% during 2016–2024, according to a new report published by Coherent Market Insights.Increasing prevalence of poor oral health is increasing patient visits to dental clinics and in turn, is increasing demand for dental equipment. Changing eating habits has led to increase in dental caries and infection among children and
Medical Electrodes Market - Global Industry Insights Analysis, Size, Share, Grow …
Increasing prevalence of cardiology and neurological diseases among the population drives growth of the global medical electrodes market According to The World Health Organization’s estimates in 2012, the global geriatric population was pegged at 901 million in 2015, which is expected to increase over 2 billion by 2050. Geriatric population is highly susceptible to various cardiology and neurological diseases, thus creating a need for early diagnosis which can be achieved using

All 5 Releases


More Releases for Polyamide

Bio-Polyamide Market Research Report 2018
In this report, the global Bio-polyamide market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Bio-polyamide in these regions, from 2013 to 2025 (forecast), covering North America Europe China Japan Southeast Asia India Get
Bio-Polyamide Market Research Report 2018
In this report, the global Bio-polyamide market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Bio-polyamide in these regions, from 2013 to 2025 (forecast), covering North America Europe China Japan Southeast Asia India Get
China Polyamide 6 Market Outlook
Prismane Consulting estimates the global Polyamide (PA) 6 demand to be around 5700 KT in 2016 of which China accounted for around 40% of the consumption. Textiles & Apparels consume a major share (around 56%) of PA 6 in the country. Automotive and electrical & electronics are expected to drive the demand for polyamides owing to increase in usage for weight reduction and ease of processing. Polyamides are used in
Global Polyamide Market Report 2017 - Trends & Analysis
IndexBox has just published a new report "World: Polyamides (In Primary Forms) - Market Report. Analysis and Forecast to 2025" ( http://www.indexbox.co.uk/store/world-polyamides-in-primary-forms-market-report-analysis-and-forecast-to-2025/?utm_source=opr ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the market before entering •
PA (Polyamide) Market Report 2017
PA (Polyamide) Market PA (Polyamide) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ https://www.reportsandmarkets.com/reports/asia-pacific-pa-polyamide-market-report-2017-1642222 Geographically, this report split Asia-Pacific into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of PA (Polyamide) for these regions, from 2012 to
Polyamide Market - Global Industry Forecast 2016 - 2023
Polyamide Market: Overview Polyamide is a polymer with versatile properties and high demand in various end user segments such as automotives, textile, electronics, machinery, packaging and coatings among others. Polyamides occur naturally in form of wool, silk among others and can be synthesized artificially. Nylon, polyamide 6 and aramid are amongst artificially made polyamides. Artificial polyamides exhibit properties such as resistance to wear, good mechanical properties, low permeability to gases and