The global polyamide market is estimated at USD 25.14 billion in 2016 and is projected to reach USD 30.76 billion by 2021, at a CAGR of 4.1% from 2016 to 2021.
The applications of polyamide in the automotive sector have increased significantly. High demand of polyamide parts from the automotive industry propels the growth of the polyamide market. Polyamide is used in the electrical & electronics application segment in various forms, starting from varnishes to insulation and from coating to casings of equipment. China is a leading consumer of domestically produced and imported polyamides.
China has been a driver for the rapid growth in last couple of decades, globally. However, it is now showing an early sign of relative economic slowdown. Its GDP annual growth rate was 6.7% in the first quarter of 2016, which was the lowest in the last six years. This will adversely impact polyamide market and could impede the continued investments and expansion in the polyamide market for a few years.
The PA 6 segment contributed the largest share in 2016 and is projected to be the largest segment in the polyamide market, by type, from 2016 to 2021. PA 6 is used to form molded products. It has specific applications, such as manufacturing of toy cars, gun frames, and bristle brushes.
- Arkema SA H
- Asahi Kasei Corporation
- Ascend Performance Materials LLC
- BASF SE
- China Shenma Group
- Domo Chemicals
- E.I. Dupont De Nemours & Company
- EMS Grivory
- Evonik Industries AG
- Formosa Plastics Corp.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Polyamide Market, By Type
8 Polyamide Market, By Application
9 By Region
10 Polyamide Market, By Process
11 Polyamide in 3d Printing Market
12 Polyamide Import Export Analysis
13 Competitive Landscape
14 Company Profiles
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