Global Polyamide Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled Polyamide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The study provides a detailed analysis of the industry, including the globalPolyamide market trends, size, share, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Polyamide, commonly referred to as nylon, stands as a flexible and high-performance synthetic polymer. This remarkable material can either be extracted from natural sources like wool and silk or produced synthetically. Its thermoplastic nature grants it exceptional strength, durability, low gas permeability, and resistance to chemicals. Moreover, polyamide exhibits impressive mechanical strength, a high melting point, and remarkable resistance to abrasion. These outstanding properties make polyamide a preferred choice in various industries worldwide, including electronics, automotive, and textiles.
The globalpolyamide market sizereached US$ 31.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 45.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
Global Polyamide Market Trends and Drivers:
Currently, the automotive industry's increasing preference for polyamide over metals for manufacturing automotive components like engine parts and gears is a significant driver behind the market's growth. The surge in demand for polyamide can also be attributed to the rising popularity of electric vehicles (EVs) worldwide. This heightened demand is creating a positive market outlook for the material. Additionally, polyamide's numerous advantages, including improved electrical insulation, thermal stability, and chemical resistance, present attractive growth prospects for industry investors.
Global Polyamide Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Arkema S.A., Asahi Kasei Corporation, BASF SE, DuPont de Nemours Inc., Evonik Industries AG, Gujarat State Fertilizers Chemicals Limited (GSFC), Huntsman International LLC, Koch Industries Inc., Koninklijke DSM N.V., Lanxess AG, Mitsubishi Chemical Corporation, Saudi Basic Industries Corporation (Saudi Arabian Oil Co.), Solvay S.A. and Toray Industries Inc.
The report segmented the market on the basis of region, type, application and end use industry.
Breakup by Type:
- Aliphatic Polyamides
- Aromatic Polyamides
Breakup by Application:
- Polyamide Fibers and Films
- Engineering Plastics
Breakup by End Use Industry:
- Automotive
- Electrical and Electronics
- Textile
- Construction
- Packaging
- Consumer Goods
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porters Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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