Pune, India -- (SBWIRE) -- 05/24/2018 -- 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.

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Test the market data and market information presented through more than 50 market data tables and figures spread over 85 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Global Specialty Polyamide Research Report –Global Forecast to 2022.

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.

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 Market, followed by Europe and Row.

Global Specialty Polyamide Players:

Akzo Nobel N.V.
Autonomic Materials Inc.
BASF SE
DOW Chemical Company
I. du Pont de Nemours and Company
Evonik Industries AG
High Impact Technology
Honeywell International, Inc.
Huntsman International LLC
MacDermid Autotype Ltd.
Segmentation:

The Global Specialty Polyamide Market is majorly segmented on the basis of application. Based on the Application the market is segmented into Transportation, Energy, Consumer Goods, Industrial Coatings, Electronics, and Others.

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