Polyamides Market - Forecast, 2022-2027

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Polyamides MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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• The Polyamides Market size is forecast to
  reach US 35.5 billion by 2027, after growing at
  a CAGR of 5.2 during the forecast period
  2022-2027. Polyamides are thermosetting
  plastics that are processed by injection molding
  and possess excellent thermal, mechanical, and
  chemical-resistant properties. They are used in a
  wide range of applications which include carpet
  fibers, knitted garments, flat panel display,
  cable guards, bearings, protective coverings, air
  coolers, automotive upholstery, and other
  applications. According to the German Association
  of the Automotive Industry (VDA), the global
  expenditure rose to US 51.5 billion in 2020, out
  of which the German automotive industry accounts
  for more than one-third of total global RD
  expenditure in the automotive sector. 

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• Key Takeaways
• Aliphatic Polyamides held the largest share in
  the Polyamides Market in 2021. Its wide range of
  characteristics, along with its high melting
  point and excellent abrasion resistance made it
  stand out in comparison to other types of
  polyamide in the market.
• Polyamide has a wide range of properties such as
  high abrasion resistance, high thermal
  resistance, wear resistance, and excellent noise
  dampening properties which makes them ideal for
  use in the automotive sector.

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By Distribution Channel- Segment
Analysis Aliphatic Polyamides held the largest
share in the Polyamides Market in 2021 and is
expected to grow at a CAGR of 5.3 between 2022
and 2027, owing to their increasing demand due to
the characteristics and benefits it offers over
other types of polyamides. For instance,
aliphatic polyamides offer better resistance to
abrasion, chemical, and corrosion in comparison
to aromatic polyamides which include aramid, and
polyphthalamide. They have higher electromagnetic
resistance, higher strength, and flexibility as
compared to aromatic polyamides. Furthermore,
aliphatic polyamides offer excellent thermal
resistance, wear resistance, UV light resistance,
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• Polyamides
  Market Outlook 
•   BASF SE
• AdvanSix Inc.
• Ube Industries Ltd.
• Domo Chemicals
• Toray Industries, Inc.
• Ashley Polymers Inc.
• Ascend Performance Materials LLC
• Toyobo Co. Ltd.
• Lanxess AG
• Huntsman Corporation

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Polyamides Market  -
Forecast, 2022-2027 Learn More About the Report
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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