Daten aus dem Cache geladen. High-Performance Polyamides Market Size & Share | Forecast...

High-Performance Polyamides Market Size & Share | Forecast Report Till 2030

0
2K

The global high-performance polyamide market was valued at USD 2,642.1 in 2018 and is estimated to garner USD 2916.7 million by the end of 2030. The global market is estimated to experience a 6.1% CAGR during the forecast period (2021-2030) owing to the inclination towards automotive weight reduction, asserts Market Research Future (MRFR). High-performance polyamides (HPPA) are referred to as engineered thermoplastic materials that exhibit high chemical resistance, excellent strength, and high dielectric strength. Raw materials used for manufacturing such high-performance polyamide are caprolactam and adipic acid. High-performance polyamides are both petroleum-based and bio-based depending upon the source used for manufacturing process.

Drivers and Constraints Impacting the Market

With the inclination towards automotive weight reduction, the global high-performance polyamide market is anticipated to prosper. Augmenting demand from the consumer goods industry in cosmetics, sportswear, and personal care products, the market for global high-performance polyamide is anticipated to flourish. Moreover, the excellent tear resistance and flex fatigue provided by the product is triggering the demand in electrical & electronics industry across the globe. With changing lifestyles coupled with high disposable income levels of consumers, the market is presumed to foster growth during the assessment period.

Moreover, the growing shifting trends of the consumers and manufacturers towards bio-based products are considered to offer substantial opportunities to the growth of the market in the coming years. With the escalating demand for high performance polyamides in the pharmaceuticals industry owing to its exceptional properties like rigidity, high chemical resistance, high temperature resistance, impact resistance, lightweight, impermeability, and high tensile strength, the market is considered to propel. Additionally, the automotive industry is experiencing increased demand for HPPA due to increasing lightweight vehicles owing to the rapid shift towards lighter non-metal components. Also, the demand for specialty polyamides is augmented by the development of unconventional oil & gas technologies.

On the flip side, strict mandates imposed on the use of synthetic polyamides that might prove hazardous to the environment as well as on the human health is predicted to pose a threat on the market growth across the globe. Moreover, difficulty in processing of high-performance polyamide and high cost of HPPA compared to other conventional polymers are likely to dampen the market growth. Also, high threat of substitution from hybrid polymers and composites are anticipated to impede the market growth in the coming years.

Global High-Performance Polyamide Market: Segmental Analysis

The global high-performance polyamide market has been segmented on the basis of application, type, and region.

By mode of type, the high-performance polyamide market has been segmented into polyamide 10, polyamide 11, polyamide 12, polyamide 6T, and others. Among these, polyamide 12 segment is considered to account for 33.50% of the market share in the overall polyamide sales revenue.

By mode of application, the high-performance polyamide market has been segmented into consumer goods, transportation, industrial coatings, oil & gas, electrical & electronics, and other industrial applications. Among these, the transportation sector is considered to account for the largest market share owing to the increased use of HPPAs in the manufacturing of induction systems, fuel systems, engine components, and coolant systems.

Regional Insights

Geographically, the high-performance polyamide market span across regions namely, North America, Europe, Asia Pacific, and the Middle East & Africa.

Among all the regions, Asia Pacific has been considered to emerge as the leading high-performance polyamide market owing to the escalating demand for lightweight and efficient automobiles. Owing to the cheap labor, high density of population, and outsourced production activities, the production of HPPA is steady in this region.

Europe is considered to demonstrate the second largest regional market and holds 27% of the total market share owing to the presence of major countries such as Germany, France, Spain, Italy, and the United Kingdom (UK).

North America is considered to exhibit a significant growth rate owing to heavy industrialization. The sports and cosmetics industries are considered big industries in the U.S.A. owing to several sports gear and cosmetics brand makers that demand high-performance polyamide for several purposes.

Access Full Report Summary: https://www.marketresearchfuture.com/reports/high-performance-polyamide-market-4460

Competitive Dashboard

The prominent players operating the global high-performance polyamide market are NILIT (Israel), Investa (Kansas), Hyundai EP Co. Ltd. (South Korea), Laxness (Japan), Arkema S.A. (France), Shenma Industrial Co. Ltd. (China), UBE Industries (Japan), DOMO (Italy), Radici Group SpA (Italy), Asahi Kasei (Japan), Evonik Industries AG (Germany), Dupont (U.S.), DSM (Netherlands), Toray Industries Inc. (Japan), Kolon Plastic Inc. (South Korea), Solvay (Belgium), EMS Chemie Holding AG (Switzerland), Ascend (Texas), and BASF SE (Germany).

 

 

 

Site içinde arama yapın
Kategoriler
Read More
Other
Deciphering the Park View City Lahore NOC: Unveiling Assurance Amidst Allegations
Park View City Lahore, a hallmark of visionary urban development, has recently found...
By Deal And Deals 2024-02-13 15:52:13 0 1K
Other
Innovations Shaping the Future of the Protein Engineering Market
Introduction to Protein Engineering Market: The Protein Engineering Market focuses on modifying...
By Shruti Rathi 2024-09-09 09:11:15 0 481
Other
Wireless Audio Device Market Size Analysis, Drivers, Restraints, Key Factors Forecast, 2024–2030
In an era where convenience and mobility reign supreme wireless audio devices have emerged as the...
By Adams Mark 2024-04-12 10:25:53 0 1K
Oyunlar
From Casual Gamer to Pro Predictor: How Tryluck Empowers You to Win Big
In the vibrant world of online gambling, where excitement meets strategy, many enthusiasts dream...
By Tryluck Book 2024-10-25 11:47:12 0 152
Other
Top On the web Slots for USA Participants
To obtain the absolute most price for your money, as a fresh player you may have a significant...
By Zelbury Lik 2024-12-18 12:21:51 0 49