Polyamide Market to Soar at A CAGR of 5.4% to 2020 with North America to Register Highest Growth

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The global polyamide market research report categorizes the polyamide market on the basis of type, application, process, and region. The report has forecast volumes and revenues, as well as analyzed trends in each of the submarkets.

Complete report on polyamide market spread across 167 pages, profiling 15 companies and supported with 91 tables and 70 figures is now available at http://www.rnrmarketresearch.com/polyamide-market-by-type-polyamide-6-polyamide-6-6-bio-based-polyamide-by-application-automotives-electrical-machinery-consumer-goods-textiles-sports-wear-films-and-coatings-packagin-market-report.html .

The polyamide market is projected to reach USD 43.77 billion by 2020, at a CAGR of 5.4% from 2015 to 2020. The increasing usage of polyamide in the automotive sector for weight reduction is one of the key factors driving the growth of the polyamide market. Availability is another factor that has a positive impact on increased applications for polyamides, as several players have well-established supply base across the globe.

Automotive segment is projected to be the largest segment of the market by 2020.This can be attributed to the increased utilization of polyamide in body parts, interiors, and fuel systems with glass-reinforced plastics (GRP)-based structural parts, air intake manifolds, engine covers, rocker valve covers, airbag containers, and various other interior & exterior automotive parts. Thus, several auto components manufacturers are the target consumers for polyamides in the automotive segment.

The polyamide market in North America is expected to register the highest CAGR between 2015 and 2020. The growth of the polyamide market in the North America & Europe is driven by the increasing demand of polyamide from the automotive and electronics & electrical sectors. The U.S. is a major consumer of polyamide in North America, and is followed by Canada and Mexico. Asia-Pacific is estimated to contribute the largest share to the global market.

The bio-based and specialty polyamide segment is expected to register high growth during the considered period, due to their advantages such as increased performance. Bio-based polyamides also provide a good alternative over synthetic polyamides. PA6 and PA66 will continue to dominate the market with more than 80% market share till 2020.

Breakdown of Profile of Primary Participants:

> By Company Type: Tier 1 - 15 %, Tier 2 - 35%, and Tier 3 - 50%

> By Designation: C Level - 54%, Manager Level - 25%, and Others - 21%

> By Region: North America - 50%, APAC - 27%, Europe - 21%, and RoW - 2%

The companies profiled in this report are BASF SE (Germany), E.I. du Pont de Nemours and Company (U.S.), Invista S.a.r.l (U.S.), Solvay SA (Belgium), Asahi Kasei Corporation (Japan), Honeywell International LLC (U.S.), Evonik Industries AG (Germany), Formosa Plastics Corporation (Taiwan), Huntsman Corporation (U.S.), Arkema SA (France), Royal DSM NV (The Netherlands), Ube Industries (Japan), Lanxess AG (Germany), SABIC (Saudi Arabia), and Quadrant AG (Switzerland). This is a premium research report priced at US $4650 for a single user PDF, a discount on “Polyamide Market by Type (PA 6, PA 66, Bio-Based & Specialty), by Application (Automotive, Films & Coatings, Industrial/Machineries, Consumer Goods & Appliances, Fibers & Textiles, and Others), by Process, and by Region - Global Trends and Forecast to 2020” can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=93414 .

As a part of qualitative analysis, the research provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, and regulations. It also discusses competitive strategies adopted by market players across different regions.

Continuing with the related market, another research titled Bio-Polyamide, Specialty Polyamide & Precursors Market says, the global bio-polyamide market, along with its end products, has witnessed a linear growth in the past few years and this growth is estimated to increase in the coming years. The current market value of the global bio-polyamide market (2012) is about $29,454.9 million and is estimated to reach $41,769.5 million by 2019, growing at a CAGR of 5.5%, from 2014 to 2019. Companies like Ascend Performance Materials Inc., BASF SE, E. I. du Pont de Nemours and Company, Formosa Group, Honeywell International Inc., Invista, Li Peng Enterprise Co., Radici Group, Royal DSM N.V., Solvay/Rhodia, Shenma Industrial Co. Ltd. are profiled in this research report available at http://www.rnrmarketresearch.com/bio-polyamide-specialty-polyamide-precursors-market-by-type-pa-6-pa-66-pa-10-pa-11-pa-12-others-by-precursor-cpl-ada-hdma-by-material-fiber-plastics-application-textile-autom-market-report.html .

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