Specialty Polyamides Market Revenue Drivers, Growth Opportunities, Value Chain Analysis and Forecast Research Report, 2025
“The global Specialty Polyamides Market was appreciated at US$ 2.23 billion during 2017 and is estimated to witness a CAGR of 6.0% from 2019 to 2025.”
The global Specialty Polyamides Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: The global Specialty Polyamides Market was appreciated at US$ 2.23 billion during 2017 and is estimated to witness a CAGR of 6.0% from 2019 to 2025. The scope of the market is projected to be US$ 3.54 billion by the completion of 2025. This could be attributed to the fact that specialty polyamides are used as substitutes to synthetic polyamides as they are lightweight, recyclable, provide resistance against abrasion, flexibility, toughness, and have better performance. The verticals acting as torchbearers to specialty polyamides include electrical and automotive industries. The specialty polyamide market is segmented based on application, geography, and type. By type, it comprises PA12, PA11, PA10, PA6/12, and PA6/10. By application, the market consists of industrial coatings, energy, consumer goods & retail, electronics & electrical, and automotive and transportation. The “automotive and transportation” segment holds the largest market share due to it being used for manufacturing lightweight vehicles. The other factors driving the specialty polyamides industry include eco-friendly production and fuel efficiency. Request free sample to get a complete analysis @ https://www.millioninsights.com/industryreports/specialty-polyamides-market/request-sample The latest trend catching up is an influx of high-temperature polyamides. They are inclusive of PA10T, PA9T, PA6T/66/DT, PA6T/DT, PA6T/6I/66, PA6T/6I, PA6T/66, PA6T/6, PA4T, and PA46. These come across
as high-crystalline polyamides. They are different from their counterparts in terms of their thermal and mechanical properties. Plus, stringent regulations on the part of the government regarding environmental safety do bolster the specialty polyamides market. At the same time, high installation cost does act as a restraint. By geography, the segmentation goes like LATAM, Europe, North America, Asia Pacific, and MEA. The Asia Pacific rules the market due to the automotive industry expanding by leaps and bounds in the region. The fact that specialty polyamides are extensively used in electrical & semiconductor devices also can’t be ruled out. The transportation industry is fueled by the use of eco-friendly substances as well. The players contributing to the specialty polyamides market include Koninklijke DSM N.V.; Radici Group; Solvay S.A.; INVISTA; LG Chem, Ltd.; Asahi Kasei Corporation; E. I. DuPont de Nemours and Company; BASF SE; Arkema SA; and Evonik Industries AG. Browse Related Category Research Reports @ https://industryanalysisandnews.wordpress.com/
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.
Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters
Asia Pacific
Million Insights
Million Insights
410 E Santa Clara Street,
Office No. 302, 3rd Floor, Manikchand Galleria,
Unit #1008 San Jose, CA, 95113, United States
Model Colony, Shivaji Nagar, Pune, MH, 411016 India
Phone: 1-408-610-2300 Email: sales@millioninsights.com
Phone: +91-8956380892 Email: sales@millioninsights.com