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.
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:
Answer: The analyst 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, the analyst provides 10% customization without any additional cost.
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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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.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 ($B) and Volume (M lbs.) shipment analysis for 2016-2027]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Polyamide Resin Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyamide resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyamide resin companies profiled in this report includes.- BASF SE
- DSM (Covestro)
- DuPont
- LANXESS AG
- Cytec Solvay S.A.
Polyamide Resin Market Insight
- The analyst forecasts that transportation will remain the largest end use industry by value due to high demand for lightweight thermoplastics with high temperature resistant property, which makes polyamide resin suitable for under the hood applications.
- SFT will remain the largest market due to its various benefits like ease in processing, low cost production, design flexibility, and the ability to process parts with complex shapes
- Asia Pacific and ROW is expected to remain the largest region and witness the highest growth over the forecast period due to growth in construction sector, transportation sector and increasing awareness towards the lightweight thermoplastics with high temperature resistant property.
Features of Polyamide Resin Market
- Market Size Estimates: Polyamide resin market size estimation in terms of value ($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.
FAQS
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.
Answer: The analyst 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, the analyst provides 10% customization without any additional cost.
This report answers the 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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Table of Contents
1. Executive Summary
2. Global Polyamide Resin Market Dynamics
3. Market Trends and Forecast Analysis from 2016 to 2027
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- DSM (Covestro)
- DuPont
- LANXESS AG
- Cytec Solvay S.A.
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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