High Performance Polyamide Market Regional Analysis

Globally, Asia Pacific held the highest share in the global market in the past few years. The major contributor for high performance polyamides market in this region are automobile as well as electrical & electronic industry. Medical & healthcare and construction also contribute significantly to the market in this region. Due to the rising demand for non-residential construction projects including hospitals, schools, and universities over the projected period, the construction sector is anticipated to increase significantly. This will increase demand for high-performance polyamides products, which will spur market growth. Examples of these products include cable glands, window systems, pipeline liners, strip terminal blocks, and corrugated pipes.

North America is projected to occupy second largest share in the global high performance polyamides market during the forecast period. This can be attributed to the expansion of the main end-use sectors due to the popularity of electric vehicles, including electrical and electronics, consumer products, and automotive. It is projected that rising consumer electronics demand and the expansion of the construction sector in the United States, Mexico, and Canada will accelerate market growth in the coming years in this region.