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Global Polyamide Market accounted for USD 25.64 billion in 2016 and is projected to grow at a CAGR of 4.3% during the forecast period of 2017 to 2024.
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Polyamide Market is Growing at a Significant Rate in the Forecast Period 2018-2024 Polyamide (PA), commonly called Nylon, is a semi-crystalline polymer derived from cyclohexane. It has an amide group (CONH). PAs have exceptional toughness along with good wear and sliding abilities. They can either be aliphatic or aromatic in nature. The latest trend in this market is high demand automotive industries and for development of advance weapons in defense sector. There is growing demand of polyamide for applications such as moisture absorbent, chemical resistant, temperature resistant, aesthetic, colorable are the driving for the polyamide market in the forecasted years. Global Polyamide Market accounted for USD 25.64 billion in 2016 and is projected to grow at a CAGR of 4.3% during the forecast period of 2017 to 2024. 1 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Major Market Drivers and Restraints • Increase demand inautomotive industry Dynamic economic development in Asia-Pacific Advanced weapons in defense sector Stringent government regulations Competition from alternatives like elastomer based • • • • 2 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Market Segmentation On the basis of product type, polyamide market is segmented into polyamide 6,6, polyamide 6, polyamide 66/6, Kevlar and others.. On the basis of application, the market is segmented moisture absorbent, chemical resistant, aesthetic, and colorable. On the basis of end-user, the market is segmented automotive, aerospace & defense, electrical & electronics, packaging & storage, extrusion, textile, others. • • temperature resistant, • 3 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Regional Analysis On the basis of geography, the market is segmented into 5 geographical regions, North America Europe Asia-Pacific South America Middle East and Africa. Browse Full Report and Details TOC : https://databridgemarketresearch.com/reports/global-polyamide- market/ 4 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Major Key Players Key Players are: BASF SE Honeywell International, Inc. Asahi Kasei Corporation Evonik Industries AG E.I. Dupont De Nemours & Company Formosa Plastics Corp. Huntsman Corporation Arkema SA H Royal DSM N.V. Request Sample Report : https://databridgemarketresearch.com/request-a-sample/?dbmr=global- polyamide-market databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
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