Global Polyamide Market Size study, by Product Outlook (Polyamide 6, Polyamide 66, Bio-based Polyamide, Specialty Polyamides) by Application Outlook (Engineering Plastics, Fibers) and Regional Forecasts 2022-2028Global Polyamide Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Polyamide is a type of polymer with the repeating units linked by amide bonds. Polyamide can be found both naturally and chemically. Proteins, such as wool and silk, are examples of naturally occurring polyamides. The increasing in demand for polyamide has led the adoption of Polyamide across the forecast period. Furthermore, increase in technological advancement and product innovation leads to grow the market for the forecasted period. For instance, in 2020, BASF India which is a chemicals manufacturer and a subsidiary of BASF SE, approved its merger decision for acquiring BASF Performance Polyamides India. And this is expected to support the company in expanding its materials segment and extend and strengthen its position for key industries. Also, with the increasing need for lightweight materials in the automobile and transportation sectors leads to the adoption & demand for Polyamide is likely to increase the market growth during the forecast period. However, volatility in the price of raw material might impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Polyamide Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growing demand for key market players for automotive, consumer goods, electrical and electronics, and textile in the region for the forecasted period. Whereas, North America is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising purchasing power of consumer, and major market of raw material in the region would create lucrative growth prospects for the Polyamide market across Asia-Pacific region.
Major market player included in this report are:
BASF SE
AdvanSix Inc.
Ube Industries Ltd.
Domo Chemicals
Toray Industries, Inc
Ashley Polymers Inc.
Ascend Performance Materials LLC
Toyobo Co. Ltd.
Lanxess AG
Huntsman Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Outlook:
Polyamide 6
Polyamide 66
Bio-based Polyamide
Specialty Polyamides
By Application Outlook:
Engineering Plastics
Fibers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Polyamide Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
BASF SE
AdvanSix Inc.
Ube Industries Ltd.
Domo Chemicals
Toray Industries, Inc
Ashley Polymers Inc.
Ascend Performance Materials LLC
Toyobo Co. Ltd.
Lanxess AG
Huntsman Corporation