Global Polyamides Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Polyamides Market By Type & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the polyamides market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia-Pacific region dominates the polyamides market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Growing automotive industry in developing and developed countries is predicted to drive the maximum shares of the polyamide market. Also, number of applications used polyamide material in electronic & coating industries which creates high demand for this market. Increase in the construction activities and growing populace are foremost riding factors for electronics and coatings industry.
However, initial investment in R&D for bio-based & specialty polyamides will be the major challenge for this market.
Asia Pacific region is leading the highest market share in polyamides market across the globe. China is a leading consumer of locally produced and imported polyamides. China has been a driver for the speedy boom in ultimate couple of a long time, globally. However, it’s now showing monetary slowdown which adversely impact polyamide market and will obstruct the continuing investments and growth in the polyamide marketplace for a few years. Further follows North America & European region due to rise in demand from automotive & electronic industry.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global polyamides market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: BASF SE, Asahi Kasei Corporation, Evonik Industries AG, E.I. Dupont De Nemours & Company, Huntsman Corporation, Arkema SA H, Royal DSM N.V., Ube Industries Limited, Invista S.A.R.L., Lanxess AG, Solvay SA.
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