Pune, India -- (SBWire) -- 11/01/2017 --Market Highlights
The Global Polymer Chameleon Market is expected to reach USD 1.98 million by 2022, according to MRFR analysis the major drivers for the market are due to increasing needs for highly technical solutions, increasing demand for new energies and metal replacement in transportation
The quality, durability, light weight nature and properties of Specialty Polyamide are one of the key factors that drives the market. The demand for recyclable polyamide, and the upcoming safety regulations & innovative techniques developed for its use will be the key influencing factors for the global Specialty -polyamide market with the increased emphasis on its different types and their applications.
Almost 27% of the total polyamide demand was for the transportation segment in 2015, with Consumer Goods application as the fastest growing application segment. As an application, transportation is the largest segment of polyamide, primarily due to its high penetration in all the regions and the increased demand for lightweight polyamide from auto component manufacturers.
Further key findings from the report suggest:
- The global Specialty Polyamide market demand was estimated at 1.98 million tons in 2016
- Transportation segment the Specialty Polyamide had the highest market share in 2016.
- Asia Pacific has dominated the market and is projected to Expand at the highest CAGR of XX% in 2016
- Key companies in the Specialty Polyamide industry include Akzo Nobel N.V., Autonomic Materials Inc., BASF SE, DOW Chemical Company, E. I. du Pont de Nemours and Company, Evonik Industries AG, High Impact Technology, Honeywell International, Inc., Huntsman International LLCand MacDermid Autotype Ltd.
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Key Players:
The key players in market includes :Evonik Industries AG, BASF SE, Arekma SA, Asahi Kasei Corporation, Koninklijke DSM N.V., E. I. du Pont de Nemours and Company, LG Chem, Ltd., Solvay S.A., INVISTA S.à r.l., and Radici Group.
Regional Analysis
Asia-pacific region is expected to maintain its dominance in the global market. Emerging markets of China, japan and India are expected to boost the Asia Pacific Specialty Polyamide market. Other emerging markets are North America, Europe and the Middle East countries. Asia Pacific has the largest market share for global Specialty Polyamide, followed by Europe and Row.
Specialty Polyamide is among the most dominated among engineering plastics with applications in various end-user industries including Transportation, Energy, Consumer Goods, Industrial Coatings, Electronics, and Others. Specialty Polyamide, also known as nylon occurs in nature in form of silk and wool and can be produced artificially through polymerization.
Almost 27% of the total polyamide demand was for the transportation segment in 2015, with Consumer Goods application as the fastest growing application segment. As an application, transportation is the largest segment of polyamide, primarily due to its high penetration in all the regions and the increased demand for lightweight polyamide from auto component manufacturers.
Further key findings from the report suggest:
- Smart Drug Delivery System & Implants the Specialty polyamide had the highest market share in 2016.
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Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Specialty Polyamide Market
5 Industry Overview Of Global Specialty Polyamide Market
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Specialty Polyamide Market Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2017-2022