Global high performance polyamide market

High Performance Polyamide Market Size, Share, Growth Analysis, By Type(PA 11, PA 12), By End user(Automotive, Electrical & Electronics), By Manufacturing process(Injection molding, blow molding), By Region(North America, Europe) - Industry Forecast 2024-2031

Report ID: SQMIG15A2355 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 120 | Figures: 77

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High Performance Polyamide Market size was valued at USD 2.8 billion in 2019 and is poised to grow from USD 2.96 billion in 2023 to USD 5.2 billion by 2031, growing at a CAGR of 7.4% in the forecast period (2024-2031).

  'Arkema SA   ', ' BASF SE ', 'Solvay', 'Evonik Industries AG', 'DSM NV', 'Dupont de Nemours, Inc.', 'Radici Group', 'Toyobo Co. Ltd.', 'EMS-Chemie Holding AG', 'UBE Industries Ltd.', 'Toray Industries Inc.', 'Ascend Performance Materials LLC', 'Kuraray Co. Ltd.', 'SABIC', 'Mitsubishi Chemical Corporation', 'LANXESS AG', 'RTP Company', 'Quadrant AG', 'Ensinger GmbH', 'Invista'

Sustainable Choices will Shape the Future of High Performance Polyamide Market: Material suppliers have accelerated the development of resins and additives for improved sustainability in automobiles, particularly electric vehicles (EVs), as well as in electronics, packaging, and medical equipment. New engineering and commodity thermoplastics as well as new additives that are sustainable and replacements for their counterparts are expected to be seen. These new resins will have benefits including mechanically or chemically recycled content and materials and additives made from biobased feedstocks.

Globally, Asia Pacific held the highest share in the 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.

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Global high performance polyamide market

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