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 global Polyamide market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global polyamide market size reached 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.
Polyamide, commonly recognized as nylon, stands as a flexible synthetic polymer renowned for its robustness, potency, elasticity, and endurance against wear and damage. It can either be sourced naturally from wool and silk or crafted through synthetic processing. This material exhibits elevated melting points, heightened chemical resilience, and the capacity to endure mechanical pressures. Being lightweight, polyamide is highly favored in sectors where minimizing mass is pivotal. Consequently, it finds extensive usage in the global textile, construction, automotive, medical, electronics, and aerospace domains.
Global Polyamide Market Trends and Drivers:
Currently, the burgeoning use of polyamide in textile manufacturing, producing diverse apparel such as stockings, sportswear, and outdoor equipment, is a key factor propelling market expansion. Additionally, the growing popularity of electric vehicles (EVs) on a global scale is further driving market growth. Furthermore, the escalating utilization of polyamide in electrical connectors and insulating materials within the electronics industry offers a promising growth avenue for industry stakeholders. Concurrently, the increasing demand for polyamide in the medical sector due to its biocompatibility and resistance to sterilization is fostering market growth. Moreover, the introduction of bio-derived polyamides, contributing to environmental pollution reduction, is bolstering market growth.
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
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s 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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