Market Research Future (MRFR) will be publishing a cooked research report on the “Global Long-chain Polyamide Market” that contains the information from 2018 to 2027.
MRFR recognizes the following companies as the key players in the long-chain polyamide market—DuPont (US), Evonik Industries AG (Germany), BASF SE (Germany), Arkema (France), DSM (The Netherlands), EMS-Chemie Holding AG (Switzerland), Nylon Corporation of America, Inc. (NYCOA) (US) and Radici Group Spa (Italy).
The global long-chain polyamide market is projected to be valued at USD 2,969,34 million by the end of 2027, registering a CAGR of around 5.38% during the forecast period.
Long-chain polyamides are polymers with repeating units linked together by amide bonds. These polymers exhibit excellent chemical resistance and dimensional stability and are widely used in the production of various automotive and industrial components.
Long-chain polyamides can withstand extremely high temperature and pneumatic pressure, thus driving their adoption in various automtotive components such as fuel lines, coolant hoses, and transmission oil & clutch fluid ducts. Additionally, the growing trend towards the production of lightweight, fuel-efficient vehicles is projected to further boost themarket growth in the upcoming period. Long-chain polyamides are progressively replacing metal in the production of various automotive components on account of their comparable strength, performance, durability,and relatively lighter weight. However, the growing adoption of electric vehicles is anticipated to have an adverse impact on the product demand over the forecast period.
Long-chain polyamide polymers demonstrate superior flexibility, high strength, and the ability to withstand high temperatures than traditional plastic materials such as polyvinylchloride (PVC). Thus they are progressively being adopted as a superior alternative to traditional plastics in the electrical and electronics industry. Additionally, widescale adoption of long-chain polyamides for producing housing for various consumer and personal eletcronics devices is expected to have a positive impact on the market growth in the upcoming period
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The global long-chain polyamide market is segmented based on type, end-use industry by application, and region.
The global long-chain polyamide market based on type has been categorized into PA11, PA12, PA610, PA612, and Others. Each by type segment is further divided into endues industries, namely industrial, electrical & electronics, and automotive. Widespread adoption in various types of automotive components led the PA12 long-chain polyamide to emerge as the largesttype segmentin the global long-chain polyamide market in 2019. Moreover, PA12 is synthesized from bio-based raw materials such as castor oil. Thus, the growing trend toward the adoption of environmentally sustainableproducts is expected to provide a major boost to the segment growth over the forecast period.
Based on the end-use industry, the global long-chain polyamide market has been divided into automotive, electrical & electronics, industrial, and others. The automotive segment is further categorized into brake tubes, fuel lines, cluster tubes, electrical systems, and others. The electrical & electronics segment is subdivided into plug-in connectors, switchboards & housing, connection boxes, cable ducts, and others. The industrial segment is further fragmented into rollers, pulleys, conveyor systems, hoses & tubes, hoses & tubes connectors, filaments, and others.The automotivesegment accounted for nearly 37.10% of the overall market revenue in 2020. Wide range adoption of long-chain polyamides in the production of various automotive components such asfuel lines and transmission oil & clutch fluid ductswas the main factor responsible for segment growth.
Key Findings of the Study: