Polyamide Market

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Polyamide Market - Global Industry
Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2023
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Polyamide
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023” This report likewise
incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide
business sector industry structure.
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 chemical
resistance. Bio-based polyamides are gaining demand in market owing to its eco- friendly nature. Polyamide 6 is dominant type
among polyamides in terms of revenue and consumption owing to its cost to performance factor.
Polyamide Market: Drivers
Growing automotive industry in developed and developing countries is expected to drive the polyamide market. Polyamides are
preferred by automotive manufactures due to their high performance at low cost. Owing to current rise in raw materials prices in
automotive industry, manufacturers are shifting towards polyamides for various applications such as coatings and films. The
growth in automotive industry is due to the rising disposable income of consumers and increase in transportation activities
across the world. Increasing demand from applications in electronics and coatings industry is expected to drive the market.
Increase in the construction activities and rising population are major driving factors for electronics and coatings industry. Low
cost of production and high performance factors such as chemical & wear resistance and insulation makes polyamide ideal
choice to be used in electrical and electronic applications.
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Polyamide Market: Opportunities
Research and development in the field of bio-based and specialty polyamide for different applications is expected to provide
immense opportunities for players in the near future. The manufacturers, associations and end product manufactures are
investing in R&D activities. Polyamide applications in food contact & domestic products and specialty polyamides in automotive
to replace metals are expected to provide opportunities for players in this market. Technology modifications such as bio-based
polyamide are expected to drive the market in near future owing to eco-friendly properties. Government regulations and rising
health awareness in developing countries are expected to fuel the bio-based polyamide market in the near future. Complex
manufacturing process of polyamide and availability of the precursors are expected to hamper polyamide market growth.
Degrading properties due to moisture absorption is another factor which may hamper market growth. Companies are developing
bio-based and specialty polyamides for different applications including medical. For instance, Akrema launched specialty
polyamide, Pebax, Rilsan and Rilasmid, which are of medical grade. These specialty polyamides offer advantage over other
polyamides with unique specifications such as gel rating, moisture content and viscosity.
Polyamide Market: Region-wise Outlook
North America and Europe are dominating the polyamide market with growing demand from automotive and electronics
industry. Major players are located in the same region with high production capacities and R&D centers. Growing demand from
Asia-Pacific region and other developing countries due to increased applications of the polyamide is expected to boost the
market. The Eastern and Central European countries, South East Asian and Latin American nations are expected to experience
higher growth owing to increase in auto sales, rising construction activities, improving civil infrastructure by government and
other events.
The key players in the polyamide market are BASF SE, Honeywell International Inc. Formosa Group, Invista, Li Peng
Enterprise Co., Du Pont de Nemours and Company, Radici Group, Royal DSM N.V., Solvay, Ascend Performance Materials Inc.
Shenma Industrial Co. Ltd., Huntsman, Koch industries, Royal DSM N.V., Lanxess, Rhodia, Arkema and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and
verifiable projections about market size. The projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
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Market segments and sub-segments
•
Market trends and dynamics
•
Supply and demand
•
Market size
•
Current trends/opportunities/challenges
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Competitive landscape
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Technological breakthroughs
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Value chain and stakeholder analysis
The regional analysis covers:
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North America (U.S. and Canada)
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Latin America (Mexico, Brazil, Peru, Chile, and others)
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Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
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Eastern Europe (Poland, Russia)
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Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
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Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned
analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and
mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment
over the forecast period.
Highlights of the report:
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A complete backdrop analysis, which includes an assessment of the parent market
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Important changes in market dynamics
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Market segmentation up to the second or third level
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Historical, current, and projected size of the market from the standpoint of both value and volume
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Reporting and evaluation of recent industry developments
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Market shares and strategies of key players
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Emerging niche segments and regional markets
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An objective assessment of the trajectory of the market
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Recommendations to companies for strengthening their foothold in the market
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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 chemical resistance. Bio-based polyamides are gaining demand in market owing to its eco- friendly nature. Polyamide 6 is dominant type among polyamides in terms of revenue and consumption owing to its cost to performance factor.