High-Performance Polyamides Market Research Report: Information by Type (PA 12, PA 11, PA 10, PA 6T and others), Application (Transportation, Consumer Goods, Oil & Gas, Industrial Coatings, Electrical & Electronics and Other Industrial Applications) and Region (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Forecast till 2030

The high-performance polyamides market strategies seem to work for the industry; it has a total revenue of USD 2,642.1 Million in 2018 and is projected to grow at a 5.5% CAGR during the review timeline.

COVID 19 Impacts and effects

The outbreak of coronavirus disease (COVID-19) has affected high-performance polyamides market share, and consequent lockdowns imposed by governments of different countries have actually halted large end-use polyamide industries' activity in many ways. Due to this, several industries went into a downturn. Another factor such as movement limitations shows to have a clear and immediate effect, and after the mandatory social distancing has finished, it is simulated that things will return to normal circumstances. In addition, the immediate harmful effects majorly on human health can make hindrances to the rise of the market during the estimated period.

The major players are:

• BASF SE (Germany)


• Evonik Industries AG (Germany)


• Lanxess (Germany)


• Arkema (France)


• DuPont (US)


• EMS-CHEMIE HOLDING AG (Switzerland)


• Mitsui Chemicals, Inc (Japan)


• Toray Industries Inc (Japan)


• KOLON PLASTIC INC (South Korea)


• AdvanSix Inc (US)

Market Overview

High-performance polyamides market prices are the particularly engineered the commonly used thermoplastic materials that are applied in some of the latest applications such as, automotive sector, luxury consumer goods, and modern electronics applications. Commonly used Polyamides 10, polyamides 11, and polyamides 12 are a few of the prominent types of superfine high-performance polyamides.

Market Dynamics

• Major Drivers of The Market

The high demand for high-performance polyamides market overview is majority driving by many factors that primarily include a continuous increase in automotive production, growing need of consumer goods demands in developing markets, and rising demand from the electronics & electrical industry. The continued rise in automotive production because of the increase in high demand for several energy-efficient vehicles is definitely supporting market growth. The increasing usages of engineering thermoplastics in modern vehicles because of its superior properties, which include big strength and high resistance to strong heat and electricity.

The total rise in the electronics industry segment and the rising demand for different consumer electronics such as smartphones, modern smartwatches, tablets, and new laptops are estimated to drive the global market. In addition to this, high-performance polyamides market demand is increasing because it is widely used in many consumer good applications such as modern sports, cosmetics, and personal care sectors. Behind, the large-scale penetration of high-performance polyamides in the consumer goods sector is coupled with expanding demand for high-performance engineering advanced thermoplastics, which is very much likely to accelerate the market growth.

Also, along with the growing preference for bio-polyamides is supported to create lucrative opportunities for the manufacturers high-performance polyamides market share

But there are increasing environmental regulations against the high consumption of synthetic polyamides because of their negative influence on human health; this factor seems to affect market growth in the coming future years.

• Significant Opportunities for The Market

The growth trajectory of high-performance polyamides market analysis, the major reason behind the rise of it is due to the increasing automotive industry, demand for polyamide is expected to rise in the future years. Therefore, during the estimated period, the increasing demand for polyamides in several automotive industries is estimated to fuel the expansion of the global polyamide market. One of the primary factors that assist in development is the growing need for advanced lightweight materials in the automobile sector and public transportation industries. Also, increasing vehicle fuel economy issues and the immense demand for modern green solutions are projected to fuel the growth of commodity demand.

Increasing high-performance polyamides market growth because less cost is projected to drive the major demand for the industry along with, growing product design, mega innovations lead to maximum customer experience and are expected to boost the market growth within very little time.

• Market Restraints

Though the forecast for high-performance polyamides market demand is impressive, there are certain restraints. The entire process of manufacturing is triggering a very high level of pollution. Overall, the countries are trying hard to minimize or lessen this effect by presenting a new kind of secondary product that could hold actual back the major standard market outlook.

• Market Growth Challenges

The high-performance polyamides market segment is estimated to witness growth owing to its increasing demand from the low-income categories. In addition, consumers are showing interest in buying more. Moreover, the essential demand is expected to keep stagnant because of the relatively better price of the product. Because of increasing demand for low-price advanced and premium technology-based, the product is estimated to drive the segment in the years to come. In addition, the industry is expected to reap the benefit of rising demand for the latest products by the consumers. Also along with, rising demand for locally manufactured latest products is expected to have a huge positive impact on the demand.

• Cumulative Growth Analysis

The primary market claims to have a revenue of USD 2,642.1 Million in 2018 and a 5.5% CAGR over the estimated period (2019- 2025). The requirement for this vast concept has risen because companies are conscious now. The different Asian and North American major countries are focusing on spreading the production to meet the given targets and deal with innovative technologies effectively.

• Value Chain Analysis

The high-performance polyamides market strategies are impressive; famous companies are manufacturing it. It is a modern concept. Unbelievably high in demand, and able can give the consumer a unique experience. The best products provide a perfect construction, thus, has offered less strain on the demand

By Sales Channel

The companies are creating new avenues, and this concept of coating is gaining momentum. The processes are dynamic now, so the concept is evolving every day. To meet the global supply chain and latest technology services criteria, the major companies are getting agreement to grow and work together. Organizations that are active in the making of different launches have an advanced solution sanctioning that can proactively change the functions.

By Application:

The emerging demand for polyamide has risen in recent years as a result of large-scale promotions in the automotive industry, where it is properly used. Most of the Asia-Pacific countries have seen an increase in the total demand for famous luxury cars due to a rise in consumer buying power, which has focused on increased consumption of polyamide in this sector. Increasingly, polyamide is applied in vehicles to replace metal with commonly used plastic, which has shown an increase in demand in this sector. The rising popularity of bio-based polyamides is projected to be an increased advantage in the future.

On the basis of Type

• PA 6


• PA 66


• Bio Polyamides & Specialty Polyamides


• On the basis of Class


• aliphatic polyamides (nylon class)


• semi-aromatic & aromatic polyamides

On the basis of Application

• Fibers


• Wire & Cables


• 3D Printing


• Sports Equipment


• Engine Components


• Brakes & Transmission Parts


• Household Goods & Appliances


• Others

On the basis of End-Use Industry

• Automotive


• Electrical & Electronics


• Textile


• Aerospace & Defense


• Packaging


• Consumer Goods


• Others

Intended Audience of DAA:

Manufacturers and Distributors

Suppliers and Traders.

Government, Associations and Industrial Bodies.

Investors and Trade experts.

Consulting in Chemical Experts.

Regional Analysis

As per high-performance polyamides market strategy analysis, the entire region of North America dominated the Global Market and has registered the largest share of the market in the year 2016. The Asia Pacific market is again followed by countries like Europe and North America. Moreover, the market is huge and will witness major growth during the estimated period with a rising concentration of end-user segments for demand in the global region coupled with a major expansion of primary producers. Over the estimated period, the regions of the Middle East & Africa are projected to offer several lucrative opportunities for byproducts because of the new construction latest activities in the region and carrying trend of the industry. Europe is a prominent region. It shows a considerable total market share of 18%, as of the year 2016. Germany dominates the European market share because of increasing demand. Europe is followed by Latin American countries and the Middle East & Africa, which is projected to rise at a considerate rate during the forecast timeline.

• North America


• US


• Canada


• Europe


• UK


• Rest of Europe


• APAC


• China


• Rest of APAC


• MEA


• KSA


• Rest of MEA


• Latin America


• Brazil


• Rest of Latin America

Recent Developments

Jan 2022 To address the rising demand for thermoplastic elastomers, Arkema SA is boosting its global production capacity by 25%. The French chemicals supplier will expand its French facilities, mainly to improve production capacity for bio-circular and classic lines. According to Arkema, the expanded capacity, which is expected to be completed in 2023, will create a variety of highly specialised grades to fulfill expanding demand in applications requiring low weight, flexibility, and exceptional return on energy. No additional facts were provided about the project's financial cost or manufacturing capacity. Elastomers are block copolymers composed of stiff polyamide and soft polyether blocks.

Nov 2021 Solvay is collaborating with 9T Labs to mass-produce additively made carbon fiber–reinforced plastic (CFRP) products. The collaboration allows 9TLabs' cutting-edge additive manufacturing technology to make low- to medium-volume parts for the aerospace, automation, medical, luxury/leisure, and oil and gas industries. Carbon fiber–reinforced bio-based high-performance polyamides, carbon fiber–reinforced polyetheretherketone (CF/PEEK), and carbon fiber–reinforced polyphenylene sulfide (CF/PPS) composite materials will be the focus of Solvay's research. The collaboration greatly broadens the spectrum of neat and carbon fiber–reinforced materials that 9T Labs already provides to customers.

It is applied in engineered plastics, monofilaments, and cable links; advanced Ascend Value Materials popularized many new grades of its advanced HiDura long-chain polyamides.

Recently, the Board of Directors of BASF India has allowed the buying of the company's 100% interest in actual BASF Value Polyamides from BASF Nederland B.V. BASF SE and BASF SE.

Report Overview

• Market overview highlights the global recognition


• Analysis based upon COVID 19


• Explanation upon the Market Dynamics


• Value chain analysis


• Market segmentation overview


• The regional analysis


• Competitive landscape analysis


• Recent Developments

Report Scope:

Report Attribute/Metric	Details
Market Size	2018: USD 2,642.1 Million 2030: Significant value
CAGR	5.5%(2018–2030)
Base Year	2019
Forecast Period	2020-2030
Historical Data	2018
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Type, Application and Region
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	BASF SE (Germany), Evonik Industries AG (Germany), Lanxess (Germany), Arkema (France), DuPont (US), EMS-CHEMIE HOLDING AG (Switzerland), Mitsui Chemicals, Inc (Japan), Toray Industries Inc (Japan), KOLON PLASTIC INC (South Korea), AdvanSix Inc (US)
Key Market Opportunities	Due to the increasing automotive industry, demand for polyamide is expected to rise in the future years.
Key Market Drivers	A continuous increase in automotive production, growing need of consumer goods demands in developing markets

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