According to the recent study the Polyamide Resin Market is projected to reach an estimated $9 billion by 2030 from $7 billion in 2023 at a CAGR of 4% from 2023 to 2030. Growth in this market is primarily driven by 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.
Browse 104 figures/charts
and 78 tables in this 157-page report to understand trends, opportunities and
forecast in 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 region (North America, Europe, Asia Pacific
and Rest of the World)
Lucintel forecasts that
transportation will remain the largest end use market 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
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Polyamide Resin Market
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.
BASF SE, DSM (Covestro),
DuPont, LANXESS AG, and Cytec Solvay S.A. are the major suppliers in the polyamide
resin market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
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unmet needs analysis. We are based in
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years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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