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Royal DSM (Netherlands) and BASF SE (Germany) are the leading players in the Polyamide Market

Increased usage of polyamides in vehicles for weight reduction and growing number of electrical & electronics applications are the factors projected to drive the growth of the market in the near future.

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Royal DSM (Netherlands) and BASF SE (Germany) are the leading players in the Polyamide Market

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  1. Polyamide Market Royal DSM, & BASF SE are the leading players in the Polyamide Market View Full Report @ https://bit.ly/2uulKtA

  2. Introduction • The report "Polyamide Market by Application (Engineering Plastics, Fiber), Type (PA 6, PA 66, Bio-based & Specialty Polyamides), and Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America) - Global forecast to 2021“. • The global polyamide market was valued 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. View Full Report @ https://bit.ly/2uulKtA

  3. Drivers • Increased usage of polyamides in vehicles for weight reduction and growing number of electrical & electronics applications are the factors projected to drive the growth of the market in the near future. • The growth in the polyamide market is driven by the polyamide 6 and polyamide 66 segments due to their usage in a wide range of products across several industries. • The applications of polyamide in the automotive sector have increased significantly. Polyamide is an ideal solution for vehicle weight reduction. View Full Report @ https://bit.ly/2uulKtA

  4. Industrial Insights • The bio-based & specialty polyamide type segment is projected to be the fastest-growing type segment of the polyamide market from 2016 to 2021. • The demand for organic materials is expected to rise globally due to the rise in prices of petrochemical-based raw materials. • Engineering plastics segment is estimated to account for the largest share of the polyamide market in 2016. Polyamide engineering plastics are mostly used in automotive sector to make various parts such as radiator fans, speedometer gears, fuel tank, oil filter housing, and others. • Automotive is one of the most important market segments for polyamides, especially in the emerging economies. • Emerging economies are increasingly investing in sectors such as infrastructure development, chemical industries, and automotive. This is expected to fuel the growth of the polyamide market in the automobile segment. View Full Report @ https://bit.ly/2uulKtA

  5. Regional Insights • The polyamide market has been witnessing high growth in Asia-Pacific, with increased usage across industries such as automotive, consumer goods, electricals & electronics, building & construction, and textiles. • There has been a rise in the demand for polyamide in recent years due to large-scale investments in automobile sector, where it is widely used. • Asia-Pacific has experienced a rise in demand for luxury cars due to the increase in purchasing power of consumers, which has led to increased polyamide consumption in this region. • Polyamide is increasingly being used to replace metal with plastic in automobiles, which has led to a surge in its demand in this segment. View Full Report @ https://bit.ly/2uulKtA

  6. Key Players • Key players operating in the polyamide market, such as BASF SE (Germany), Li Peng Enterprise Co. ltd, (Taiwan), Royal DSM (Netherlands), Ascend Performance Materials LLC (U.S.), InvistaSarl (U.S.), Arkema SA (France), and Evonik Industries AG (Germany), among others, have adopted various strategies to increase their market shares. New product launches, acquisitions, and expansions are some of the key strategies adopted by market players to achieve growth in the polyamide market. View Full Report @ https://bit.ly/2uulKtA

  7. About Us • MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. • Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach Markets and Markets™ for their pain points around revenues decisions. • MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. View Full Report @ https://bit.ly/2uulKtA

  8. How Markets & Markets is different? • Most-detailed market segmentation in the industry • In-depth analysis of patents and profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities. View Full Report @ https://bit.ly/2uulKtA

  9. Contact Us: Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com View Full Report @ https://bit.ly/2uulKtA

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