The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global polyamide market was valued at US$ 29.92 Billion in 2021.
We expect the global polyamide market to exhibit a CAGR of 6.10% during 2022-2027.
The rising utilization of polyamide in manufacturing switches, plugs, sockets, pumps, etc., as it ensures high temperature, durability, abrasion, tensile strength, enhanced chemical and electrical resistance, etc., is primarily driving the global polyamide market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries, thereby limiting the demand for polyamides.
Based on the type, the global polyamide market can be segmented into aliphatic polyamides and aromatic polyamides. Currently, aliphatic polyamides hold the majority of the total market share.
Based on the application, the global polyamide market has been divided into polyamide fibers and films and engineering plastics, where engineering plastics currently exhibit a clear dominance in the market.
Based on the end use industry, the global polyamide market can be categorized into automotive, electrical and electronics, textile, construction, packaging, consumer goods, and others. Among these, the automotive sector accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global polyamide market include 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.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at