Specialty Polyamide Market Research Report - Forecast to 2030

Specialty Polyamide Market Information: by Application (Transportation, Energy, Consumer Goods, Industrial Coatings, Electronics, and Others) and Region Forecast Till 2030

ID: MRFR/CnM/1542-HCR | January 2023 | Region: Global | 135 Pages         

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Specialty Polyamide Market

Specialty Polyamide Market is projected to be worth USD 4.7 Billion by 2030, registering a CAGR of 6.25% during the forecast period (2022 - 2030).

Segmentation
By Application Transportation Energy Consumer Goods Industrial Coatings Electronics Others
Key Players
Companies Profiled   Evonik Industries AG   BASF SE   Arekma SA   Asahi Kasei Corporation   Koninklijke DSM N.V   I. du Pont de Nemours and Company   LG Chem    Ltd.
Drivers
Market Driving Forces   To analyze various factors like Value chain analysis and porters five forces model
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Speciality Polyamides market overview


The specialty polyamides market size is growing USD 4.7 billion at a CAGR of 6.25% during the forecast period. Polyamides contain more special properties than conventional ones. The prominent properties of this compound are lightweight, recyclable properties and exceptional performance. Instead of natural polyamides, specialty ones are used as synthetic alternatives. There is toughness, flexibility, and resistance. The use of specialty polyamides is popular in many industries. Especially, automotive and electrical industries have the highest usage of this chemical.


The developments in chemical engineering are expected to create growth opportunities in the market. These specialty polyamides are also alternatives used for silk and cotton textiles. Due to the humidity and temperature resistance are used in the versatile application. Especially, the fuel efficiency features of this component attract many end-users. Many high-end vehicles use speciality polyamides o achieve fuel efficiency.


There are stringent government regulations that increase the overall adoption of polyamide. Also, as these speciality polyamides are recyclable use of this is encouraged by the government. The use of this chemical in consumer goods is also gaining prominence. Growing economies such as the Asia Pacific are raising their overall investments. All these are the factor that will influence the market value of specialty polyamides. 


List of Key Players in the Specialty Polyamide Market



  • Evonik Industries AG,

  • BASF SE,

  • Arekma SA,

  • Asahi Kasei Corporation,

  • Koninklijke DSM N.V.,

  • I. du Pont de Nemours and Company

  • LG Chem, Ltd.

  • Solvay S.A.

  • INVISTA S.à r.l.

  • Radici Group


Study Objectives of Specialty Polyamide Market:



  • To study detail of global specialty polyamide market by application and by region in the forecasted period 2030.

  • To identify the market dynamics of specialty polyamide market dynamics by drivers, restrains, opportunities and challenges.

  • To analyze various factors like Value chain analysis and porters five forces model.

  • To provide historical and forecast revenue of market segment with respect to APAC, North America, Europe, and RoW.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track mergers and acquisitions, strategic alliances, new product development of each applicant specialty polyamide market. 


Recent Development

May 2018 


Huntsman Corporation is acquiring CVC specialties. This acquisition will happen for 300 million dollars. This acquisition helps in the manufacture of various types of adhesives. Through this development, the portfolio of the market is expected to grow. The overall composites and adhesives will have an increased supply. 


February 2020 


BASF is acquiring the business of Solvay’s business for about 1.436 billion. The acquisition of the company is expanding its portfolio in the forecast period. there are innovative products in the market due to this acquisition. Better plastics engineering solutions are offered by the company. All this will increase the profitability of the market. 


Intended Audience:



  • Manufacturers and distributors of specialty polyamide

  • Suppliers and traders of specialty polyamide

  • Government, associations and industrial bodies

  • Investors and trade experts

  • Consulting in chemical experts


Regional Analysis


APAC will be the ruling market for global specialty polyamide, accounting for USD XX Million and is expected to grow over $XX Million by 2022 followed by North America and Europe. With rising in the development of emerging economies can cause countries like China, India, and Brazil to contribute more amount of share in this market.


Europe and Row are the growing market for global specialty polyamide market and are expected to grow at a CAGR of 14.5 % respectively from 2022 to 2030.


Geographic Analysis: The report covers brief analysis of geographical region includes


North America US Canada


Europe Germany France Italy Netherlands U.K. Rest of Europe


APAC China India Japan Rest of Asia-Pacific


RoW South America Middle East Africa



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 4.7 billion
  CAGR   6.25%
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Evonik Industries AG, BASF SE, Arekma SA, Asahi Kasei Corporation, Koninklijke DSM N.V., E. I. du Pont de Nemours and Company, LG Chem, Ltd., Solvay S.A., INVISTA S.à r.l., and Radici Group
  Key Market Opportunities   Agreements, Collaborations, Product Launches
  Key Market Drivers

  • Demand for lightweight vehicles
  • Growing automotive industry
  • Demand for durable coating material


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    Frequently Asked Questions (FAQ) :

    The specialty polyamides market is estimated to reach USD 4.7 Billion by 2030. growing at 6.25% CAGR

    Demand for lightweight vehicles, growing automotive industry, and demand for durable coating material are boosting market growth.

    Key competitors in the specialty polyamide market include Radici Group, INVISTA S.à r.l., Solvay S.A., LG Chem, Ltd., E. I. du Pont de Nemours and Company, Koninklijke DSM N.V., Asahi Kasei Corporation, Arekma SA, BASF SE, and Evonik Industries AG.

    Different strategies adopted by industry players to maintain dominance in the specialty polyamide market include agreements, collaborations, product launches, and others.

    Transportation sector is expected to dominate the specialty polyamide market.

    It finds extensive applications in electronics, industrial coatings, consumer goods, energy, and transportation.