According to a market report by Lucintel, the future of the polyamide resin in the global composites industry looks promising with opportunities in the transportation, consumer goods, and electrical & electronics applications. The polyamide resin in the global composites industry is expected to reach an estimated $9 billion by 2030 with a CAGR of 5% from 2023 to 2030. The major drivers for this market are the increasing use of lightweight, high temperature thermoplastics in under-hood applications and the replacement of metals with polyamide resin based composites in various end uses.
A total of
104 figures/charts and 78 tables are provided in this 157-page report to
understand trends, opportunity and forecast in polyamide resin in the global
composites industry to 2031 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
Download
sample by clicking on polyamide
resin in the global composites industry.
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, Solvay are the major suppliers in the polyamide resin in the global
composites industry 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. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
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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