Press Release

Polyamides Market by 2024: Market Dynamics, Manufacturers Detail, Product Types, Market Size, Regions, Applications

Polyamides

The report provides an overview of the “Polyamides Market industry including definitions, division, key vendors, key Development and market challenges. The Polyamides Market analysis is provided the international markets including development trends, competitive landscape analysis, and key regions development status

Through the statistical analysis, the report depicts the global Polyamides Market including capacity, production, production value, cost/profit, supply/demand and import/export. The entire market is further distributed by company, by country, and by application/type for the competitive landscape analysis.

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The polyamides market is expected to register a CAGR of over 4% during the forecast period, 2019 – 2024. The major factors driving the market studied include increasing demand for polyamide 6 and polyamide 66 from the automotive industry, wide-spread applications in the packaging industry, and increase in demand for kevlar from the defense sector. Stringent government regulations and competition from elastomer-based alternatives are expected to hinder the growth of the market studied.

– Asia-Pacific is expected to dominate the global market during the forecast period.
– Increasing popularity of bio-based polyamides is likely to act as opportunities in the future.

The Polyamides Market report also presents the vendor countryside and a corresponding detailed analysis of the major vendors operating in the market. Polyamides Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

  • Aquafil SpA
  • Arkema
  • Asahi Kasei Corporation
  • Ascend Performance Materials
  • BASF SE
  • DowDuPont
  • INVISTA

    Key Market Trends

    Growing Demand from the Automotive Industry

    – The use of plastics makes vehicles lighter, safer, and more economical. Plastics are used for making interiors, structural elements, propulsion engineering, and technical parts, among others.
    – Polyamide is used in the production of glass-reinforced plastics-based structural parts, air intake manifolds, engine covers, rocker valve covers, airbag containers, and various other interior and exterior automotive parts.
    – For a car’s powertrain, manufacturers are promoting plastic chain tensioner guides made of PA 4, 6, since PA 6, 4, which offers better wear performance than high molecular weight PA 6, 6, and PA 6, 6.
    – It also enhances safety and reduces noise generation. PA 6, 6 has found its way into automotive cooling systems, where it allows the consolidation of various components that were once made of aluminum and plastics. PA 6, 6 is also used in headlamp bezels.
    – Furthermore, the growing demand for lightweight materials in the automotive industry, in order to provide increased efficiency and design flexibility, is primarily responsible for the growth of the polyamide market in recent times.

    China is Expected to Dominate the Market in the Asia-Pacific Region

    – The Chinese automotive manufacturing industry is the largest in the world. The automotive industry is the largest consumer of polyamides. The demand for polyamides from the automotive sector is increasing at a moderately high rate.
    – Globally, China registered the largest defense spending in the world, after the United States. The aviation industry in the country is expected to gather around 6,000 new airplanes by 2033.
    – The increase in the numbers of passengers encouraged the government to invest more in the production of additional flights, which in turn, increased the consumption of polyamides.
    – Electronic products, such as smartphones, OLED TVs, tablets, etc., registered the highest growth rate in the consumer electronics segment.
    – With the increase in the disposable income of middle-class population, the demand for electronic products is projected to grow in the near future, thereby driving the polyamide market.
    – Furthermore, countries, such as India and Japan, are also contributing the favorable share and is expected to contribute toward the growth of the polyamides market over the forecast period.

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    Reasons to Purchase this Report

    • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
    • Study on product type and application expected to dominate the market.
    • Study on regions expected to witness fastest growth during the forecast period.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • 3 months’ analyst support along with the Market Estimate sheet (in excel).

    Detailed Table of Content of Global Polyamides Market – Growth, Trends, Forecast and Challenges (2019 – 2024)

    1. Introduction

    1.1 Study Deliverables

    1.2 General Study Assumptions

    2. Research Methodology

    2.1 Introduction

    2.2 Analysis Methodology

    2.3 Study Phases

    2.4 Econometric Modelling

    3. Executive Summary

    4. Market Overview and Trends of Polyamides Market

    4.1 Introduction

    4.2 Market Trends

    4.3 Porter’s Five Force Framework

    4.3.1 Bargaining Power of Suppliers

    4.3.2 Bargaining Power of Consumers

    4.3.3 Threat of New Entrants

    4.3.4 Threat of Substitute Products and Services

    4.3.5 Competitive Rivalry within the Industry

    5. Market Dynamics of Polyamides Market

    5.1 Drivers

    5.1.1 Increasing Production

    5.1.2 Rising Demand

    5.2 Restraints

    5.3 Opportunities

    6. Global Polyamides Market Segmentation, By Capacity

    7. Global Polyamides Market Segmentation, By Material Type

    7.1 Type 1

    7.2 Type 2

    7.3 Type 3

    8. Global Polyamides Market Segmentation, Segmented by Region

    8.1 North America

    8.1.1 United States

    8.1.2 Canada

    8.1.3 Rest of North America

    8.2 Asia-Pacific

    8.2.1 China

    8.2.2 Japan

    8.2.3 India

    8.2.4 Rest of Asia-Pacific

    8.3 Europe

    8.3.1 United Kingdom

    8.3.2 Germany

    8.3.3 France

    8.3.4 Russia

    8.3.5 Rest of Europe

    8.4 Rest of the World

    8.4.1 Brazil

    8.4.2 South Africa

    8.4.3 Others

    9. Competitive Landscape and Introduction of Polyamides Market

    9.1 Introduction

    9.2 Market Share Analysis

    9.3 Developments of Key Players

    10. Key Vendor Analysis (Overview, Products & Services, Strategies)

    10.1 Company 1

    10.2 Company 2

    10.3 Company 3

    11. Disclaimer

    And Many More….

    No. of Pages: – 106

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