High-Performance Polyamide Market Research Size, Share, Report, Analysis, Trends & Forecast to 2023

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High Performance Polyamide Market Research
Report- Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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High-Performance Polyamide Market - 2023
Global High-Performance Polyamide Market
Information By Type (Polyamide 10, Polyamide 11,
Polyamide 12, Polyamide 6t), Application
(Transportation, Consumer Goods, Oil Gas,
Industrial Coatings, Electrical Electronics),
And Region Forecast Till 2023 Synopsis of
Waterborne Acrylic Coating Market Synopsis of
High-Performance Polyamide High-performance
polyamides are the engineered thermoplastic
materials that exhibit excellent strength, high
chemical resistance, and high dielectric
strength. The raw materials used for
manufacturing high-performance polyamide are
adipic acid and caprolactam. They are both
bio-based and petroleum-based depending upon the
source used for manufacturing. The major driver
of the global high-performance polyamide is the
growing inclination towards the automotive weight
reduction. The other factors driving the global
high-performance polyamide market include
increasing demand from consumer goods industry in
sportswear, cosmetic, and personal care products.
The excellent tear resistance and flex fatigue
offered by the product is driving the demand for
them in electrical electronics industry across
the globe. The changing lifestyle trend coupled
with the high disposable income has augmented the
demand for these products, thereby, propelling
the market growth. However, stringent regulations
on the use of synthetic polyamides that may prove
hazardous to the environment and human health may
challenge the market growth. Nevertheless, the
increasing manufacturers and consumer shifting
trends towards the bio-based products are likely
to offer substantial opportunities to the
bio-based polyamide in the coming years. The
global high-performance polyamide market was
valued USD 2400 million in 2016 and is expected
to reach USD 3473.0 million at a CAGR of 5.52 by
the end of 2023.
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High-Performance Polyamide Market - 2023
Regional Analysis Regionally, the
high-performance polyamide market is spanned
across five regions namely Asia Pacific, North
America, Europe, Latin America, and the Middle
East Africa. Among these, Asia Pacific emerged
as the leading high-performance polyamide market
in 2016, majorly driven by the increasing demand
for lightweight and efficient automobiles. Asia
Pacific region accounted for 34 of the overall
value share in 2016 and is expected to grow at a
healthy CAGR of 6.49 over the forecast period.
The increasing production and sales of automotive
and consumer goods in China, Japan, and India is
the major driver of the regional market. Europe
is the second largest region and accounted for
around 27 of the overall market share in terms
of value in 2016 and is projected to grow at a
significant CAGR during the review
period. Segmentation The high-performance
polyamide market is categorized on the basis of
type, application, and region. On the basis of
the type, the market is categorized into
polyamide 10, polyamide 11, polyamide 12,
polyamide 6T, and others. Polyamide 12 segment
accounted for around 33.50 market share in the
overall polyamide sales revenue. On the basis of
the application, the market is segmented into
transportation, consumer goods, oil gas,
industrial coatings, electrical electronics,
and other industrial applications. Based on the
region, the market is segmented into Asia
Pacific, Europe, Latin America, North America,
and the Middle East Africa.
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High-Performance Polyamide Market - 2023
Key Players Some of the key players operating in
the global high performance polyamide market are
Arkema S.A. (France), BASF SE (Germany), Dupont
(U.S.), Evonik Industries AG (Germany), DSM
(Netherlands), Solvay (Belgium), Toray Industries
Inc. (Japan), Laxness (Japan), Radici Group spA
(Italy), EMS Chemie holding AG (Switzerland),
Ascend (Texas), Investa (Kansas), NILIT (Israel),
DOMO (Italy), UBE Industries (Japan), Asahi Kasei
(Japan), Kolon Plastic Inc. (South Korea), Shenma
Industrial Co. Ltd. (China), and Hyundai EP Co.
Ltd. (South Korea). Key Findings Global
high-performance polyamide market is projected to
reach USD 3,473.00 million by 2023 expanding with
a healthy CAGR over the forecast period.
Polyamide 12 accounted for the largest type
segment accounting for value market share of
33.50 in 2016. Polyamide 10 type is the second
largest market exhibiting highest CAGR over the
forecast period. Asia-Pacific is the largest and
fastest growing market accounting for 34 in the
overall market in 2016. Arkema S.A. is the
leading manufacturer of high-performance
polyamide. Intended Audience High-performance
polyamide manufacturers Traders and distributors
of a high performance polyamide Production
process industries Potential investors Raw
material suppliers
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