Polyamide Market

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Polyamide Market To Reach USD 38.30 Billion By
2026
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Market Summary

• Growing demand for polyamides from the automotive
  industry is the most significant factor estimated
  to stimulate market demand.
• Market Size USD 27.29 billion in 2018, Market
  Growth - CAGR of 4.3, Market Trends Increase
  in the level of disposable income
• The global polyamide market is expected to reach
  USD 38.30 Billion by 2026, according to a new
  report by Reports and Data. Polyamide is a kind
  of polymer that contains recurring amide groups
  as an integral part of the main polymer chain and
  is one of the most widely used engineering
  thermoplastic materials.
• Growing demand for polyamides from the automotive
  industry is the most significant factor estimated
  to drive the market demand in the forecast
  period. Application of polyamides in an
  automotive range from structural and decorative
  components of the vehicle to the electronic
  components as these materials are used as a
  substitute for metals to reduce system costs and
  incorporate lighter components to increase fuel
  efficiency with reduced emissions. According to
  research, a 10 reduction in the weight of an
  automobile can result in a 6-8 improvement in
  fuel efficiency.

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Market Summary

• Further key findings from the report suggest
• Polyamide fibers films dominated the market,
  with over 50 of the market share in 2018 and are
  expected to grow at a rate of 4.4 in the period
  2019-2026.
• The market in North America is expected to reach
  USD 7.01 Billion by 2026, with a growth rate of
  3.9 over the forecast period.
• By country, China was the largest consumer of
  polyamides with over 35 of the share in 2018.
• PA 6 held the largest market share in 2018 and is
  expected to maintain its market leadership with a
  growth rate of 4.4 in the forecast period
  attributed to the increasing demand from
  automotive, electrical and textile industries
  owing to the high tensile strength and also
  inhibit good elasticity and chemical resistance.
• The electrical and electronics segment generated
  a revenue of USD 3.65 Billion in 2017 and is
  expected to grow at a rate of 4.1 during the
  forecast period.
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Market Summary

• Key players BASF SE, Honeywell International
  Inc., Koch Industries, Huntsman Corp., Du Pont,
  DSM N.V., Lanxess AG, Evonik Industries AG,
  Solvay AG, and RadiciGroup, among others.
• SegmentationFor the purpose of this report,
  Reports and Data have segmented the global
  polyamide market on the basis of product type,
  applications, end-user, and region
• Product Type Outlook (Volume, Kilo Tons
  2016-2026 and Revenue, USD Million 2016-2026)
• PA 6
• PA 66
• Bio-Based Polyamides
• Others
• Applications Outlook (Volume, Kilo Tons
  2016-2026 and Revenue, USD Million 2016-2026)
• Polyamide Fibers Films
• Engineering Plastics
• Polyamide Adhesives
• Regional Outlook (Volume, Kilo Tons Revenue, USD
  Billion 2016-2026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America

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Market Summary

• End User Outlook (Volume, Kilo Tons 2016-2026
  and Revenue, USD Million 2016-2026)
• Automotive
• Electrical Electronics
• Aerospace Defense
• Textile
• Films Coatings
• Sports Leisure
• Industrial
• Others
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