Polyamide Resin Market: Trends, Opportunities and Competitive Analysis

Polyamide Resin Market: Trends, Opportunities and Competitive Analysis

Polyamide Resin Market Trends and Forecast

The future of the polyamide resin market looks promising with opportunities in the transportation, consumer goods, and electrical & electronics applications. The global polyamide resin market is expected to reach an estimated $11.1 billion by 2027 with a CAGR of 5.6% from 2021 to 2027. The major drivers for this market are increasing use of lightweight, high temperature thermoplastics in under-hood applications and the replacement of metals with polyamide resin based composites in various end use applications.

Emerging Trends in the Polyamide Resin Market

Emerging trends, which have a direct impact on the dynamics of the polyamide resin industry, includes increasing use of post-consumer recycled polyamide resins, increasing importance of bio based resins for various applications, and increasing inter-material competition.

A total of 104 figures / charts and 78 tables are provided in this 157-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the polyamide resin market report, please download the report brochure.

Polyamide Resin Market by Segment

The study includes trends and forecast for the global polyamide resin market by end use, resin type, product form, and region as follows:

Polyamide Resin Market by End Use Application [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:

• Transportation
• Consumer Goods
• Electrical/ Electronics
• Others

Polyamide Resin Market by Resin Type [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:

• Polyamide 6
• Polyamide 66
• Polyamide 46
• Others

Polyamide Resin Market by Product Form [Value ($B) Volume (M lbs.) shipment analysis for 2016 – 2027]:

• SFT
• LFT
• CFT

Polyamide Resin Market by Region [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Polyamide Resin Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyamide resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyamide resin companies profiled in this report includes.

• BASF SE
• DSM (Covestro)
• DuPont
• LANXESS AG
• Cytec Solvay S.A.

Polyamide Resin Market Insight

• Lucintel forecasts that transportation will remain the largest end use industry by value due to high demand for lightweight thermoplastics with high temperature resistant property, which makes polyamide resin suitable for under the hood applications.
• SFT will remain the largest market due to its various benefits like ease in processing, low cost production, design flexibility, and the ability to process parts with complex shapes
• Asia Pacific and ROW is expected to remain the largest region and witness the highest growth over the forecast period due to growth in construction sector, transportation sector and increasing awareness towards the lightweight thermoplastics with high temperature resistant property.

Features of Polyamide Resin Market

• Market Size Estimates: Polyamide resin market size estimation in terms of value ($B)
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis: Market size by end use application, resin type, product type, and region
• Regional Analysis: Polyamide resin market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different end use industry, product type and regions for the polyamide resin market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the recycled carbon fiber market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the polyamide resin market size?

Answer:The global polyamide resin market is expected to reach an estimated $11.1 billion by 2027.

Q2. What is the growth forecast for polyamide resin market?

Answer:The polyamide resin market is expected to grow at a CAGR of 5.6% from 2021 to 2027.

Q3. What are the major drivers influencing the growth of the polyamide resin market?

Answer: The major drivers for this market are increasing use of lightweight, high temperature thermoplastics in under-hood applications and the replacement of metals with polyamide resin based composites in various end use applications.

Q4. What are the major applications or end use industries for polyamide resin?

Answer:Transportation, consumer goods, and electrical & electronics applications are the major end use industries for polyamide resin.

Q5. What are the emerging trends in polyamide resin market?

Answer:Emerging trends, which have a direct impact on the dynamics of the polyamide resin industry, includes increasing use of post-consumer recycled polyamide resins, increasing importance of bio based resins for various applications, and increasing inter-material competition.

Q6. Who are the key polyamide resin companies?

Answer:Some of the key polyamide resin companies are as follows:

• BASF SE
• DSM (Covestro)
• DuPont
• LANXESS AG
• Cytec Solvay S.A.

Q7. Which polyamide resin product segment will be the largest in future?

Answer: Lucintel forecasts that SFT will remain the largest market due to its various benefits like ease in processing, low cost production, design flexibility, and the ability to process parts with complex shapes.

Q8. In polyamide resin market, which region is expected to be the largest in next 5 years?

Answer:Asia Pacific and ROW is expected to remain the largest region and witness the highest growth over next 5 years.

Q9. Do we receive customization in this report?

Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global polyamide resin market by end use (transportation, consumer goods, electrical & electronics, and others), resin type (polyamide6, polyamide66, polyamide46, and others), product type (short fiber reinforced thermoplastic (SFT), long fiber reinforced thermoplastic (LFT), and continuous fiber reinforced thermoplastic (CFT), and by region (North America, Europe, Asia Pacific and Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?

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