Pune, India -- (SBWire) -- 11/02/2018 --Synopsis of High-Performance Polyamide

The major driver of the global high-performance polyamide is the growing inclination towards the automotive weight reduction. The other factors driving the global high-performance polyamide market include increasing demand from consumer goods industry in sportswear, cosmetic, and personal care products. The excellent tear resistance and flex fatigue offered by the product is driving the demand for them in electrical & electronics industry across the globe. The changing lifestyle trend coupled with the high disposable income has augmented the demand for these products, thereby, propelling the market growth. However, stringent regulations on the use of synthetic polyamides that may prove hazardous to the environment and human health may challenge the market growth. Nevertheless, the increasing manufacturers and consumer shifting trends towards the bio-based products are likely to offer substantial opportunities to the bio-based polyamide in the coming years. The global high-performance polyamide market was valued USD 2400 million in 2016 and is expected to reach USD 3473.0 million at a CAGR of 5.52% by the end of 2023.

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Key Players

Some of the key players operating in the global high performance polyamide market are Arkema S.A. (France), BASF SE (Germany), Dupont (U.S.), Evonik Industries AG (Germany), DSM (Netherlands), Solvay (Belgium), Toray Industries Inc. (Japan), Laxness (Japan), Radici Group spA (Italy), EMS Chemie holding AG (Switzerland), Ascend (Texas), Investa (Kansas), NILIT (Israel), DOMO (Italy), UBE Industries (Japan), Asahi Kasei (Japan), Kolon Plastic Inc. (South Korea), Shenma Industrial Co. Ltd. (China), and Hyundai EP Co. Ltd. (South Korea).

Geographic Analysis

The report covers brief analysis of geographical region such as:

North America

U.S.
Canada

Europe

Germany
U.K
Russia
France
Spain
Italy
Rest of Europe

Asia Pacific

China
Japan
India
Rest of Asia Pacific

Latin America

Brazil
Argentina
Mexico
Rest of Latin America

Middle East & Africa

Turkey
Iran
Rest of the Middle East & Africa

Key Findings

Global high-performance polyamide market is projected to reach USD 3,473.00 million by 2023 expanding with a healthy CAGR over the forecast period. Polyamide 12 accounted for the largest type segment accounting for value market share of 33.50% in 2016. Polyamide 10 type is the second largest market exhibiting highest CAGR over the forecast period. Asia-Pacific is the largest and fastest growing market accounting for 34% in the overall market in 2016. Arkema S.A. is the leading manufacturer of high-performance polyamide.

Intended Audience

High-performance polyamide manufacturers
Traders and distributors of a high performance polyamide
Production process industries
Potential investors
Raw material suppliers

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