Long-chain Polyamide Market Research Report—Global Forecast till 2027

Long-chain Polyamide Market Research Report: Information by Type(PA11, PA12, PA610, PA612, and Others), End-use Industry by Application (Automotive (Brake Tubes, Fuel Liners, Cluster Tubes, Electrical Systems, Others), Electrical & Electronics (Plug-in Connectors, Switchboards & Housing, Connection Box, Cable Ducts, Others), (Industrial (Rollers, Pulleys, Conveyor Systems, Hoses & Tubes, Hoses & Tubes Connectors, Filaments, Others)), and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)—Forecast till 2027

ID: MRFR/CnM/9132-CR | July 2021 | Region: Global | 370 pages

The global Long-chain Polyamide Market is projected to register a CAGR of 5.38% to reach USD 3.1 Billion by the end of 2027.


Long-chain polyamides are traditionally used to produce monofilaments, which are further used in a broad range of applications due to their excellent chemical resistance and dimensional stability. The automotive industry has one of the largest end-users of long-chainpolyamides.They are widely used to produce various under the hood components such as fuel lines, coolant hoses, and transmission oil & clutch fluid ducts, among others, due to their ability to withstand extremely high temperatures and pneumatic pressure. Moreover, automotive components made from long-chain polyamides are progressively replacing metal components due to their light, relatively lightweight and comparable strength, performance, and durability attributes. Thus, the growing trend toward the production of lightweight, fuel-efficient vehicles is expected to drive the market demand over the forecast period.


Long-chain polyamides exhibit excellent strength, crack resistance, and fatigue resistance. Additionally, they demonstrate an outstanding ability to withstand aggressive chemicals and extremely high temperatures. As a result, they are widely used in the production of various components used in the production of industrial machinery such as rollers, pulleys, conveyor systems, houses & tubes connectors, and filaments. Thus, periodic maintenance and replacement of industrial machinery are expected to generate major demand for long-chain polyamide in the nearby future.


The growth of the electrical & electronics industry is also expected to provide a significant boost to the global long-chain polyamide market.These polymers rapidly replace traditional plastics such as polyvinylchloride (PVC) in the electrical and electronics industry due to their superior flexibility, high strength, and ability to withstand high temperatures. Moreover, they are also being used in the production of housing for various electronic devices such as tablets, laptops, and smartphones. As a consequence, the rising demand for personal electronics devices is expected to impact the market growth in the upcoming period positively.


Electric vehicles are characterized by the absence of an internal combustion engine. Thus, these vehicles do not require under the hood components such as fuel lines, coolant hoses, and transmission oil& clutch fluid ducts. Thus, the rising adoption of electric vehicles is anticipated to pose a major challenge to the demand for long-chain polyamides in the automotive industry. However, rising product adoption in the manufacturing of mooring ropes is expected to present a significant growth opportunity for the market players.


Covid Impact Analysis


The outbreak of the CoVID-19 pandemic has adversely affected the global demand and supply of long-chain polyamides. Disruption of global shipping and logistics networks caused acute shortage of key raw materials in the market and thereby driving up the raw material price. Moreover, key suppliers of raw materials, including Evonik Industries, Solvay, Ashland, PetroChina Company Limited, and Sumitomo Chemical Co., Ltd had to shut down their factories as per government guidelines. For instance, Evonik Industries closed its manufacturing plants temporarily in March 2020. The closing of raw material production capacities created a demand-supply imbalance in the market.


The adverse economic environment led to major job losses and pay cuts across the world and thereby affecting the demand for consumer electronics and automotive vehicles. Thus, the major long-chain polyamide manufacturers had to cut down their production outputs due to a drastic decline in demand from key end-use industries, including automotive and industrial goods.


Supply Chain Analysis


The key raw materials used in the production of polyamide are hexamethylenediamine, adipic acid, and caprolactam, among others. These are majorly derived from crude oil and hence have been subjected to price fluctuations in the past few years. Due to the continuous price fluctuations and the environmental concerns associated with crude oil-derived products, many polyamide manufacturers have gradually shifted toward bio-based raw materials.


Some of the prominent players in this market are DuPont, Evonik Industries AG, BASF SE, Arkema, DSM, and EMS-CHEMIE HOLDING AG. They have a strong global presence with a wide distribution network, as well as large production capabilities. They are focusing on strengthening their global footprint by undertaking various initiative strategies. For instance, in February 2019, Evonik Industries launched a new polyamide powder for 3D printing applications in a higher temperature range. This product features high mechanical strength as well as excellent chemical and temperature resistance for use in the fast-growing 3D printing market.


The automotive, electrical & electronics, and industrial sectors are the key consumers of long-chain polyamide. The automotive industry accounts for a major share of the global polyamide market due to the high demand for polyamides to replace metals in automotive bodies and micro-electronics in specialized automotive applications such as transmission control units and sensors safety-related applications such as airbags and anti-lock systems.


Segmentation


The global long-chainpolyamide market is segmented based ontype, end-use industry by application,and region.


The global long-chain polyamide market based on typehas beencategorizedintoPA11, PA12, PA610, PA612, and Others. Each by type segment is further divided into endues industries, namely industrial, electrical & electronics, and automotive. The PA12 segment with a market share of 44.80% emerged as the largest by type segment in the global long-chain polyamide market in 2019.Wide-ranging product adoption in the automotive industry was the key factor responsible for the segment growth. Moreover, a gradual shift towards the adoption of bio-based products is expected to create lucrative growth opportunities for the segment during the forecast period.


Global Long-chain Polyamide Market Revenue, by Type, 2019 (USD Million)
Global Long-chain Polyamide Market Revenue, by Type, 2019
Sources: MRFR Analysis


Based on the end-use industry, the global long-chain polyamidemarket 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 box, cable ducts, and others. The industrial segment is further fragmented into rollers, pulleys, conveyor systems, hoses & tubes, hoses & tubes connectors, filaments, and others.The electrical & electronics end-use segment is expected to grow at a CAGR of 6.16% over the forecast period.The growing adoption of long-chain polyamides as a replacement to traditional plastic materials in electrical & electronics is expected to drive the segment growth in the upcoming period.


Global Long-chain Polyamide Market Share, by Region, 2019 (%)
Global Long-chain Polyamide Market Share, by Region, 2019
Sources: MRFR Analysis


Regional Analysis


The global long-chain polyamidemarket has been studied across five main geographies,namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific dominated the global demand for long-chain polyamides with a 53.20% share of overall market revenue in 2019.The emergence of Asia-Pacific as a global production hub for various automotive and industrial components is the primary factor driving the regional growth. Additionally, the burgeoning demand for consumer electronics and personal electronics devices is expected to drive future demand growth of the Asia-Pacific long-chain polyamide market over the forecast period.


Key Players


The key manufacturers of long-chain polyamide polymersincludeDuPont (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) among others.


The major players are focusing on increasing their market footprint through product diversification and expansion in Asian markets by acquiring regional players or establishing joint ventures. One of the leaders in the market, BASF, is focusing on mergers and acquisitions of lucrative business segments and maintaining a long-term relationship with its partners, which will enable it to establish a strong foothold in the global market. Likewise, Arkema is focusing on adopting different business strategies such as mergers and acquisitions, expansions, and collaborations in regions with high growth potential.


Market Segmentation


Global Long-chain PolyamideMarket, by Type, by End-use



  • PA11

    • Industrial

    • Automotive

    • Electrical & Electronics



  • PA12

    • Industrial

    • Automotive

    • Electrical & Electronics



  • PA610

    • Industrial

    • Automotive

    • Electrical & Electronics



  • PA612

    • Industrial

    • Automotive

    • Electrical & Electronics



  • Others

    • Industrial

    • Automotive

    • Electrical & Electronics




Global Long-chain PolyamideMarket, End-use Industry,by Application



  • Automotive

    • Brake Tubes

    • Fuel Liners

    • Cluster Tubes

    • Electrical Systems

    • Others



  • Electrical & Electronics

    • Plug-in Connectors

    • Switchboards & Housing

    • Connection Box

    • Cable Ducts

    • Others



  • Industrial

    • Rollers

    • Pulleys

    • Conveyor Systems

    • Hoses & Tubes

    • Hoses & Tubes Connectors

    • Filaments

    • Others




Global Long-chain PolyamideMarket, by Region



  • North America

    • US

    • Canada



  • Europe

    • France

    • Germany

    • Spain

    • Italy

    • UK

    • Russia

    • Poland

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia & New Zealand

    • South Korea

    • Rest of Asia-Pacific



  • Latin America

    • Mexico

    • Brazil

    • Argentina

    • Rest of Latin America



  • Middle East & Africa

    • South Africa

    • GCC

    • Turkey

    • Rest of the Middle East& Africa




Available Additional Customizations

  • Customer Analysis of Major Consumers

  • Additional Company Profiles


Intended Audience



  • Automotive ComponentsManufacturers

  • Industrial ComponentsManufacturers

  • Plastic and Composites Manufacturers

  • Suppliers andTradersof Automotive and IndustrialComponents

  • Government, Associations, andIndustrial Associations

  • Investors andTrade Experts

  • Consulting in Automotive Experts



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 3.1 Billion
  CAGR   5.38% (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, End-use industry, Application and Region
  Geographies Covered   North America, South America, Europe, Asia-Pacific, Middle-East, and Africa
  Key Vendors   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)
  Key Market Opportunities   Periodic maintenance and replacement of industrial machinery are expected to generate major demand
  Key Market Drivers   The growth of the electrical & electronics industry is also expected to provide a significant boost