Global Polyamide Market Overview 2023-2028

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 referred to as nylon, is a highly versatile synthetic polymer renowned for its exceptional performance. It can be derived from natural sources such as wool and silk, or it can be produced through synthetic methods. This thermoplastic material exhibits remarkable attributes including increased strength, durability, low gas permeability, and resistance to chemicals. Moreover, it contributes to enhanced mechanical strength, a high melting point, and the ability to withstand abrasion. Consequently, polyamide finds extensive application in global industries such as electronics, automotive, and textiles.

Global Polyamide Market Trends and Drivers:

The increasing utilization of polyamide in the automotive sector as a superior substitute for metals in the production of automotive components, including engine parts and gears, is a significant driver for market expansion. Moreover, the surging popularity of electric vehicles (EVs) worldwide is generating a positive market outlook by fueling the demand for polyamide. Additionally, the attractive growth opportunities for industry investors arise from the numerous advantages provided by polyamide, such as enhanced electrical insulation properties, thermal stability, and chemical resistance. Furthermore, the market is bolstered by the growing demand for compact, lightweight, and highly durable electronic devices. Key industry players are also introducing bio-based polyamides, which not only help mitigate environmental pollution but also maintain the desired material properties.

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

If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
IMARC Services Private Limited.

134 N 4th St. Brooklyn, NY 11249, USA

Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800