Polyamide Market

1. MarketsandMarkets Polyamide Market worth $30.76 Billion by 2021 Polyamide Market by Application (Engineering Plastics, Fiber), Type and Region - Global forecast to 2021 Feb 2017

2. Polyamide Market worth 30.76 Billion USD by 2021 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 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. Download Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownload.asp?id=930 Browse 376 market data tables and 70 figures spread through 335 pages and in-depth TOC on “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” https://www.marketsandmarkets.com/Market-Reports/global-nylon-market-930.html The growth of 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. It is fast replacing metal parts in the automotive industry due to the ease of mass production and molding. Thus, the high demand for polyamide parts from the automotive industry propels the growth of the polyamide market. Bio-based & specialty polyamide is the fastest-growing type segment of the global polyamide market from 2016 to 2021 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. Bio-based polyamides are a high-quality alternative to substitute petro-based materials. They can be used in automotive, electronics, and sports applications. These polyamides are created from bio-based performance polymers with improved properties, such as durability, heat & water resistance, and water solubility. Engineering plastics application segment estimated to account for the largest share of the global polyamide market in 2016 The 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 the largest end-use segment for engineering plastic polyamide, followed by electrical & electronic end-use segments. Automotive is one of the most important market segments for polyamides, especially in the emerging economies. Emerging economies are

3. 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. The Asia-Pacific region was the largest polyamide market in 2016 Asia-Pacific dominated the polyamide market in 2016, with increased usage across industries such as automotive, consumer goods, electrical & electronic, 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. This has led to increased polyamide consumption in this region owing to its usage in production of lightweight automobiles. Polyamide is increasingly being used to replace metal in automobiles, which has led to a surge in its demand in this segment. Key players operational in the polyamide market include BASF SE (Germany), Li Peng Enterprise Co. ltd, (Taiwan), Royal DSM (Netherlands), Ascend Performance Materials LLC (U.S.), Invista Sarl (U.S.), Arkema SA (France), and Evonik Industries AG (Germany), among others. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche 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 MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. 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. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com