Title: Global Specialty Polyamide Market 2022
1 Global Specialty Polyamide Market 2022
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2022
2Global Specialty Polyamide Market 2022
Global Specialty Polyamide Market 2022 Industry
Survey, Growth, Competitive Landscape and
Forecasts to 2022
- The global specialty polyamide market has been
estimated to register a significant growth on
account of increasing demand from the
transportation sector on the backdrop of
expanding global trade and consumer goods. - The primary factors driving growth of the market
are the rising use of the light weight vehicles,
growing demand for light weight, heat resistant
and durable coating material in numerous
industrial applications. The global automotive
market is estimated to grow at higher CAGR to
reach over USD 90 billion revenue in 2017. - The production and use of light weight cars and
other automotive, as projected by Morgan Stanley
analysts, is set to rise to 2.9 percent of 99
million new vehicles in 2020 and to 9.4 percent
of 102 million new vehicles in 2025, from 1.1
percent of 86.5 million this year. This is
projected to boost demand for the specialty
polyamide in manufacturing light yet durable
parts for an automotive. - Additionally, there is growing demand for the
demand for organic materials which is expected to
rise globally due to the rising 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
consumer goods applications. As a result, it has
been projected that in future the demand of
specialty polyamide may surge manifolds.
Moreover, surging demand for and use of consumer
goods and electronic devices is expected to
further boost growth of the market.
3Global Specialty Polyamide Market 2022
- Competitive Landscape
- The global specialty polyamide is a mature market
with significant number of major players
operating into the market. The market is driven
by flourishing construction, automotive and
sports equipment industry. - The market is greatly concentrated by the
presence of number large players yet, Evonik
Industries AG, BASF SE, Arekma SA, and Solvay S.A
are the key manufacturers in this market. - Almost all of these market participants are
primarily adopting the expansion and product
launch tactics to strengthen their market
position. - Growing automotive industries, and continuous
rising demand for sports goods and equipment,
along with the collaborations and agreements
between manufacturers, distributers, and
marketing firms are key market forces operating
in the market for the growth of the demand for
specialty polyamide. - Taking all these trends under consideration, the
global specialty polyamide market is likely to
witness considerable competition over the
forecast period of 2017-2023. - Enquiry of the Report https//www.marketresearchf
uture.com/enquiry/6690
4Global Specialty Polyamide Market 2022
Regional Analysis
- APAC will be the ruling market for global
specialty polyamide, accounting for USD XX
Million and is expected to grow over XX Million
by 2022 followed by North-America and Europe. - With rise in development of emerging economies
can cause countries like China, India, and Brazil
to contribute more amount of share in this
market. - Europe and Row are the growing market for global
specialty polyamide market and are expected to
grow at CAGR of XX respectively from 2016 to
2022. -
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5Global Specialty Polyamide Market 2022
Application Major Players in this Research
- Automotive
- Electronics
- consumer goods applications
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