Polyamide Market worth 55m

TrendingReports
TrendingReports 3/22/2024 2:10:33 PM

Polyamide
Market worth $55.7 billion by 2028


The report "Polyamide
Market
by Type
(Polyamide 6, Polyamide 66, Bio-Based & Specialty polyamide), Application
(Engineering Plastics, Fiber), and Region (North America, Europe, Asia Pacific,
South America, Middle East & Africa) - Global Forecast to 2028",
is projected to grow from USD 43.8 billion in 2023
to USD 55.7 billion by 2028, at a CAGR of 4.9% from 2023 to 2028.

 

Download
PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=930

 

Browse in-depth TOC on "Polyamide Market"

274 - Tables

44 - Figures

242 – Pages

 

Growing demand for lightweight
materials in the automotive industry to provide increased efficiency and design
flexibility has paved its way for the growth of polyamide market. Furthermore,
bio-based & specialty polyamides are gaining demand in the market owing to
their eco-friendly nature.

 

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=930

 

By type, the bio-based & specialty polyamide segment
is estimated to be the fastest growing segment of the global polyamide market
during 2023 to 2028.

In terms of value, the bio-based & specialty
polyamide segment, by product, is projected to be the fastest growing segment
during the forecast period. It is made from renewable sources like castor oil
or plants and offer sustainability without compromising key properties.
Bio-nylon caters to various industries, including automotive, textiles, and
packaging, while reducing emissions and fossil fuel dependence and aligning
with the circular economy. These properties of bio-based polyamides which contribute
to a circular economy are expected to boost the overall polyamide market.

 

By application, the engineering plastics segment is
projected to register highest CAGR of the global polyamide market during 2023
to 2028.

By application, the engineering plastics segment is
projected to be the fastest-growing segment of the global polyamide market
during the forecast period in terms of volume. They offer exceptional
mechanical strength, thermal stability, and chemical resistance. These
versatile plastics are crucial in automotive, aerospace, electronics, and
consumer goods industries for producing durable, high-performance components
and products which propel the overall polyamide market expansion.

 

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=930

 

By region, the Middle East & Africa is estimated to
be the fastest growing segment of the global polyamide market during 2023 to
2028.

By region, Middle East & Africa is estimated to
account for the fastest-growing region of polyamide market from 2023 to 2028.
The automotive, power, manufacturing sectors, and infrastructural developments
are the key drivers for engineering plastics such as polyamide in Middle East
& Africa. UAE and Saudi Arabia are the major markets in the region. These
are supported by rising income and increased demand for electronics products
which boost the polyamide demand in the region.

The major players operating in the polyamide market
include BASF SE (Germany), Celanese Corporation (US), Arkema (US), Asahi Kasei
Corporation (Japan), Evonik Industries AG (Germany), Kuraray Co., Ltd. (Japan),
Toray Industries, Inc. (Japan), Envalior (Germany), UBE Corporation (Japan),
Formosa Chemicals & Fibre Corp. (Republic of China), SABIC (Saudi Arabia),
Advansix (US), DuPont de Nemours, Inc. (US), Huntsman International LLC (US),
EMS Grivory (Switzerland), DOMO Chemicals (Belgium), Ascend Performance
Materials (US), Mitsubishi Chemical Advanced Materials (Switzerland), Invista
(US), and RadiciGroup (Italy), and others.

 

For More Insights on Polyamide Market –

https://www.prnewswire.com/news-releases/polyamide-market-worth-55-7-billion-by-2028--exclusive-report-by-marketsandmarkets-301953240.html

 

About MarketsandMarkets™

MarketsandMarkets™
has been recognized as one of America’s
best management consulting firms by Forbes
, as per their recent report.

 

MarketsandMarkets™
is a blue ocean alternative in growth consulting and program management,
leveraging a man-machine offering to drive supernormal growth for progressive
organizations in the B2B space. We have the widest lens on emerging
technologies, making us proficient in co-creating supernormal growth for
clients.

 

Earlier
this year, we made a formal transformation into one of America's best
management consulting firms as per a survey conducted by Forbes.

 

The B2B
economy is witnessing the emergence of $25 trillion of new revenue streams that
are substituting existing revenue streams in this decade alone. We work with
clients on growth programs, helping them monetize this $25 trillion opportunity
through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to
Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

 

Built on
the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B
companies - helping them stay relevant in a disruptive ecosystem. Our insights
and strategies are molded by our industry experts, cutting-edge AI-powered
Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our
Market Intelligence Cloud) integrates our research, facilitates an analysis of
interconnections through a set of applications, helping clients look at the
entire ecosystem and understand the revenue shifts happening in their industry.

 

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.















































































Contact:



Mr. Aashish Mehra



MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: 
sales@marketsandmarkets.com

TrendingReports
Written by

TrendingReports

Post a comment