Published by Wanda Rich
Posted on September 30, 2021
The global polyamide market was pegged at $25.4 billion in 2019, and is projected to reach $40.6 billion by 2028, growing at a CAGR of 5.4% from 2021 to 2028.
Rise in demand for PA-6 in the electrical and electronics sector and surge in demand for electric vehicles drive the growth of the global polyamide market. However, the fluctuating crude prices hinder the market growth. On the contrary, favorable government policies encouraging electric vehicles would open lucrative opportunities for the market players in the future.
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Covid-19 scenario:
The global polyamide market is segmented on the basis of type, application, end-use industry, and region.
Based on type, the aliphatic polyamides segment dominated the market in 2019, accounting for nearly 90% of the market. However, the aromatic polyamides segment is projected to register the highest CAGR of 6.5% during the forecast period.
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On the basis of application, the polyamide fibers & films segment held the lion’s share in 2019, contributing to nearly three-fifths of the market. However, the engineering plastics segment register the highest CAGR of 5.9% during the forecast period.
The global polyamide market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2019, accounting for around one-third of the market. Moreover, the region is estimated to manifest the highest CAGR of 6.8% during the forecast period.
The global polyamide market includes an in-depth analysis of the prime market players such as Arkema SA, Ascend Performance Materials LLC, Evonik Industries AG, BASF SE, Koch Industries, Gujarat State Fertilizers & Chemicals Limited (GSFC), Mitsubishi Chemical Holdings, Lanxess, Radici Group, and Royal DSM.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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The global polyamide market was pegged at $25.4 billion in 2019, and is projected to reach $40.6 billion by 2028, growing at a CAGR of 5.4% from 2021 to 2028.
Rise in demand for PA-6 in the electrical and electronics sector and surge in demand for electric vehicles drive the growth of the global polyamide market. However, the fluctuating crude prices hinder the market growth. On the contrary, favorable government policies encouraging electric vehicles would open lucrative opportunities for the market players in the future.
Download Free PDF Sample Report (Including COVID-19 effect Analysis) @ https://www.alliedmarketresearch.com/request-sample/11837
Covid-19 scenario:
The global polyamide market is segmented on the basis of type, application, end-use industry, and region.
Based on type, the aliphatic polyamides segment dominated the market in 2019, accounting for nearly 90% of the market. However, the aromatic polyamides segment is projected to register the highest CAGR of 6.5% during the forecast period.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/11837
On the basis of application, the polyamide fibers & films segment held the lion’s share in 2019, contributing to nearly three-fifths of the market. However, the engineering plastics segment register the highest CAGR of 5.9% during the forecast period.
The global polyamide market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2019, accounting for around one-third of the market. Moreover, the region is estimated to manifest the highest CAGR of 6.8% during the forecast period.
The global polyamide market includes an in-depth analysis of the prime market players such as Arkema SA, Ascend Performance Materials LLC, Evonik Industries AG, BASF SE, Koch Industries, Gujarat State Fertilizers & Chemicals Limited (GSFC), Mitsubishi Chemical Holdings, Lanxess, Radici Group, and Royal DSM.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/polyamide-market/purchase-options
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060 Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
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