North America Polyamide Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 2.92 Billion |
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Market Size (2029) | USD 3.99 Billion |
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Largest Share by End User Industry | Automotive |
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CAGR (2024 - 2029) | 6.46 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Polyamide Market Analysis
The North America Polyamide Market size is estimated at 2.92 billion USD in 2024, and is expected to reach 3.99 billion USD by 2029, growing at a CAGR of 6.46% during the forecast period (2024-2029).
2.92 Billion
Market Size in 2024 (USD)
3.99 Billion
Market Size in 2029 (USD)
4.43 %
CAGR (2017-2023)
6.46 %
CAGR (2024-2029)
Largest Market by End-user Industry
29 %
value share, Automotive, 2023
Due to its temperature and chemical resistance, PA is used in a wide range of automotive applications, including intake manifolds, fuel lines, and underhood parts.
Fastest Growing Market by End-user Industry
8.71 %
Projected CAGR, Electrical and Electronics, 2024-2029
Owing to the high temperature and electrical resistance, the demand for various polyamides is increasing in electronics, which is expected to grow at the fastest rate in the coming years.
Largest Market by Sub Resin Type
48.78 %
value share, Polyamide (PA) 6, 2023
PA 6 dominated the market due to its wide range of applications in industries such as automotive, electrical and electronics, aerospace, and construction.
Largest Market by Country
78.67 %
value share, United States, 2023
With the highest share of around 66.27% in automotive production and around 86.33% of revenue share in electronics production in North America in 2022, the United States dominated the market for polyamides.
Leading Market Player
26.90 %
market share, Koch Industries, Inc., Inc.
With the largest production capacity of around 522 kilotons per year of PA resins in 2022 in North America, the company held the largest market share.
Increasing demand from the automotive and electrical and electronics industries in Mexico may drive the market growth
- Polyamides are high-performance plastics that can withstand high temperatures and corrosive environments. Due to their non-adhesive and low friction properties, they are suitable for applications in various end-user industries like aerospace, electronics, automotive, and telecommunications.
- The automotive industry occupied the largest market share in terms of consumption of polyamides in 2022. This can be attributed to the United States-Mexico-Canada agreement, which enforces that 75% of the components manufactured in the United States, Mexico, or Canada will avail zero tariffs, subsequently driving the demand for vehicles and polyamides in the region. For instance, vehicle production reached 14.5 million units in 2022 compared to 14 million units in the previous year.
- The electrical and electronics industry occupied the second-largest market share in terms of consumption of polyamides in 2022, and it is expected to register a CAGR of 8.87% in terms of value during the forecast period, making it the fastest-growing industry.
- There was a significant shift of consumers toward consumer electronics items like laptops, mobiles, and smart devices, as companies began adopting work-from-home models and people began setting up home offices. This caused a surge in the demand for consumer electronics. For instance, the electrical and electronics industry generated a production revenue of USD 378 billion in 2022 compared to USD 371 million in 2021.
- Trends like using advanced materials, organic electronics, miniaturization, 5G, Artificial Intelligence (AI), and the Internet of Things (IoT) are expected to enable smart manufacturing practices. They are expected to work as growth drivers for the industry. The electrical and electronics production revenue is expected to reach USD 977 billion by 2029.
_Consumed_by_end_user_industry__USD__North_America__2017_-_2029.svg "North America Polyamide Market Trends")
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The United States is the largest consumer of polyamide resin in the region owing to its growing automotive and packaging industries
- North America accounted for 15.6% by value of the global consumption of polyamide resin in 2022. Polyamide is a key polymer in North America for various industries, including automotive, packaging, and electrical and electronics.
- The United States is the largest consumer of polyamide resin in the region, owing to its growing automotive and packaging industries. The automotive and electrical and electronics industries accounted for around 29.1% and 15.5%, respectively, by value of polyamide demand in the country in 2022. The rising automotive and electrical and electronics industries are projected to drive the demand for polyamide resin in the country during the forecast period. For instance, vehicle production in the country reached 9.6 million units in 2022 from 9.3 million units in 2021.
- Mexico's demand for polyamide resin is increasing significantly due to increased revenue from vehicle production, plastic packaging production, and electrical and electronics production. The country's demand for polyamide resin is expected to be driven by the growing automotive and electrical and electronics industries. For instance, vehicle production in the country is expected to reach 5.9 million units in 2029 from 4.0 million units in 2023.
- Mexico is expected to be the fastest-growing country in the North American polyamide market and is expected to register a CAGR of 8.39% by value during the forecast period (2023-2029). The country's consumer electronics market is also expanding at a rapid rate, and it is expected to reach USD 16.23 billion in 2027 from USD 10.36 billion in 2023. The growing US electrical and electronics industry is projected to drive the demand for polyamide resin in the country in the future.
North America Polyamide Market Trends
Strong growth of technological innovations to augment the overall growth of the industry
- Electrical and electronics production in North America witnessed a CAGR of over 1.4% between 2017 and 2019 owing to the advancement of technology, coupled with the increasing demand for consumer electronics products, such as smart TVs, refrigerators, air conditioners, and other products. The rapid pace of electronic technological innovation is driving the demand for newer and faster electronic products. As a result, it has also increased the electrical and electronics production in the region.
- Electronic device sales in North America fell by around 9% in 2020 compared to 2019, owing to the COVID-19 impact, because of the production facility shutdowns, supply chain disruptions, and various other constraints. As a result, revenue from electrical and electronics production in the region decreased by 4.7% in 2020 compared to the previous year.
- In 2021, the sales of consumer electronics in the region reached around USD 113 billion, 4% higher than in 2020. As a result, North America’s electrical and electronics production grew by 13.8% in 2021 in terms of revenue compared to the previous year.
- By 2027, North America is projected to be the third-largest region for electrical and electronics production and account for a share of around 10.5% of the global market. The emergence of advanced technologies such as virtual reality, IoT solutions, and robotics into consumer electronic products to achieve efficiency and low cost has provided a significant advantage to the consumer electronics industry. The consumer electronics industry in the region is projected to reach a market volume of around USD 161.8 billion by 2027 from USD 127.6 billion in 2023. As a result, the demand for electrical and electronic products in the region is projected to increase.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Increasing investments in the civil aviation and defense sectors to drive the industry
- Strong growth in residential construction to drive the industry
- Abundant availability of polyamide raw materials to promote regional resin exports
- Recycling policies from governments in the region to boost the recycling rates of engineering plastics
- Government initiatives for electric vehicles to support the automotive production
- Evolving lifestyle to increase the plastic packaging applications
- Volatile crude oil prices and geopolitical factors to highly influence prices of polyamide resins
North America Polyamide Industry Overview
The North America Polyamide Market is fairly consolidated, with the top five companies occupying 92.38%. The major players in this market are AdvanSix, Ascend Performance Materials, BASF SE, Celanese Corporation and Koch Industries, Inc. (sorted alphabetically).
North America Polyamide Market Leaders
AdvanSix
Ascend Performance Materials
BASF SE
Celanese Corporation
Koch Industries, Inc.
Other important companies include Arkema, Domo Chemicals, DSM, EMS-Chemie Holding AG, Polymeric Resources Corporation.
*Disclaimer: Major Players sorted in alphabetical order.
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North America Polyamide Market News
- January 2023: DSM introduced two new polyamide grades, Akulon FLX-LP and Akulon FLX40-HP, which will be used as liner materials and will provide robust performance in Type IV pressure vessels used for hydrogen storage.
- November 2022: Celanese Corporation completed the acquisition of the Mobility & Materials (“M&M”) business of DuPont. This acquisition enhanced the company's product portfolio of engineered thermoplastics through the addition of well-recognized brands and intellectual properties of DuPont.
- June 2022: Invista, a subsidiary of Koch Industries Inc., had a polymer division called INV Nylon Polymer Americas LLC, which decided to invest heavily in its South Carolina facility, transforming the facility's production process and logistics capability from supporting carpet fiber production to a polymer-focused plant with increased supply capacity for nylon 66 polymer to the merchant market. The work was scheduled to begin later in 2022 and be completed in 2024.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.
North America Polyamide Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 End User Trends
- 4.1.1 Aerospace
- 4.1.2 Automotive
- 4.1.3 Building and Construction
- 4.1.4 Electrical and Electronics
- 4.1.5 Packaging
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4.2 Import And Export Trends
- 4.2.1 Polyamide (PA) Trade
- 4.3 Price Trends
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4.4 Recycling Overview
- 4.4.1 Polyamide (PA) Recycling Trends
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4.5 Regulatory Framework
- 4.5.1 Canada
- 4.5.2 Mexico
- 4.5.3 United States
- 4.6 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 End User Industry
- 5.1.1 Aerospace
- 5.1.2 Automotive
- 5.1.3 Building and Construction
- 5.1.4 Electrical and Electronics
- 5.1.5 Industrial and Machinery
- 5.1.6 Packaging
- 5.1.7 Other End-user Industries
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5.2 Sub Resin Type
- 5.2.1 Aramid
- 5.2.2 Polyamide (PA) 6
- 5.2.3 Polyamide (PA) 66
- 5.2.4 Polyphthalamide
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5.3 Country
- 5.3.1 Canada
- 5.3.2 Mexico
- 5.3.3 United States
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 AdvanSix
- 6.4.2 Arkema
- 6.4.3 Ascend Performance Materials
- 6.4.4 BASF SE
- 6.4.5 Celanese Corporation
- 6.4.6 Domo Chemicals
- 6.4.7 DSM
- 6.4.8 EMS-Chemie Holding AG
- 6.4.9 Koch Industries, Inc.
- 6.4.10 Polymeric Resources Corporation
7. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, NORTH AMERICA, 2017 - 2029
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, NORTH AMERICA, 2017 - 2029
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, NORTH AMERICA, 2017 - 2029
- Figure 4:
- PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, NORTH AMERICA, 2017 - 2029
- Figure 5:
- PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, NORTH AMERICA, 2017 - 2029
- Figure 6:
- IMPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, NORTH AMERICA, 2017 - 2021
- Figure 7:
- EXPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, NORTH AMERICA, 2017 - 2021
- Figure 8:
- NORTH AMERICA POLYAMIDE MARKET, PRICE TRENDS, BY COUNTRY, USD PER KG, 2017-2021
- Figure 9:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, NORTH AMERICA, 2017 - 2029
- Figure 10:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, NORTH AMERICA, 2017 - 2029
- Figure 11:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 12:
- VALUE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 13:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 14:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 15:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN AEROSPACE INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 16:
- VALUE OF POLYAMIDE (PA) CONSUMED IN AEROSPACE INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 17:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN AEROSPACE INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 18:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 19:
- VALUE OF POLYAMIDE (PA) CONSUMED IN AUTOMOTIVE INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 20:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN AUTOMOTIVE INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 21:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 22:
- VALUE OF POLYAMIDE (PA) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 23:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 24:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 25:
- VALUE OF POLYAMIDE (PA) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 26:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 27:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 28:
- VALUE OF POLYAMIDE (PA) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 29:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 30:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN PACKAGING INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 31:
- VALUE OF POLYAMIDE (PA) CONSUMED IN PACKAGING INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 32:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN PACKAGING INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 33:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 34:
- VALUE OF POLYAMIDE (PA) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 35:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 36:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, TONS, NORTH AMERICA, 2017 - 2029
- Figure 37:
- VALUE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, USD, NORTH AMERICA, 2017 - 2029
- Figure 38:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 39:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 40:
- VOLUME OF ARAMID CONSUMED, TONS, NORTH AMERICA, 2017 - 2029
- Figure 41:
- VALUE OF ARAMID CONSUMED, USD, NORTH AMERICA, 2017 - 2029
- Figure 42:
- VALUE SHARE OF ARAMID CONSUMED BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 43:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, NORTH AMERICA, 2017 - 2029
- Figure 44:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, NORTH AMERICA, 2017 - 2029
- Figure 45:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 46:
- VOLUME OF POLYAMIDE (PA) 66 CONSUMED, TONS, NORTH AMERICA, 2017 - 2029
- Figure 47:
- VALUE OF POLYAMIDE (PA) 66 CONSUMED, USD, NORTH AMERICA, 2017 - 2029
- Figure 48:
- VALUE SHARE OF POLYAMIDE (PA) 66 CONSUMED BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 49:
- VOLUME OF POLYPHTHALAMIDE CONSUMED, TONS, NORTH AMERICA, 2017 - 2029
- Figure 50:
- VALUE OF POLYPHTHALAMIDE CONSUMED, USD, NORTH AMERICA, 2017 - 2029
- Figure 51:
- VALUE SHARE OF POLYPHTHALAMIDE CONSUMED BY END USER INDUSTRY, %, NORTH AMERICA, 2022 VS 2029
- Figure 52:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY COUNTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 53:
- VALUE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 54:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 55:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 56:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, CANADA, 2017 - 2029
- Figure 57:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, CANADA, 2017 - 2029
- Figure 58:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, CANADA, 2022 VS 2029
- Figure 59:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, MEXICO, 2017 - 2029
- Figure 60:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, MEXICO, 2017 - 2029
- Figure 61:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, MEXICO, 2022 VS 2029
- Figure 62:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, UNITED STATES, 2017 - 2029
- Figure 63:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, UNITED STATES, 2017 - 2029
- Figure 64:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
- Figure 65:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, NORTH AMERICA, 2019 - 2021
- Figure 66:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2019 - 2021
- Figure 67:
- PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) BY MAJOR PLAYERS, %, NORTH AMERICA, 2022
North America Polyamide Industry Segmentation
Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Aramid, Polyamide (PA) 6, Polyamide (PA) 66, Polyphthalamide are covered as segments by Sub Resin Type. Canada, Mexico, United States are covered as segments by Country.
- Polyamides are high-performance plastics that can withstand high temperatures and corrosive environments. Due to their non-adhesive and low friction properties, they are suitable for applications in various end-user industries like aerospace, electronics, automotive, and telecommunications.
- The automotive industry occupied the largest market share in terms of consumption of polyamides in 2022. This can be attributed to the United States-Mexico-Canada agreement, which enforces that 75% of the components manufactured in the United States, Mexico, or Canada will avail zero tariffs, subsequently driving the demand for vehicles and polyamides in the region. For instance, vehicle production reached 14.5 million units in 2022 compared to 14 million units in the previous year.
- The electrical and electronics industry occupied the second-largest market share in terms of consumption of polyamides in 2022, and it is expected to register a CAGR of 8.87% in terms of value during the forecast period, making it the fastest-growing industry.
- There was a significant shift of consumers toward consumer electronics items like laptops, mobiles, and smart devices, as companies began adopting work-from-home models and people began setting up home offices. This caused a surge in the demand for consumer electronics. For instance, the electrical and electronics industry generated a production revenue of USD 378 billion in 2022 compared to USD 371 million in 2021.
- Trends like using advanced materials, organic electronics, miniaturization, 5G, Artificial Intelligence (AI), and the Internet of Things (IoT) are expected to enable smart manufacturing practices. They are expected to work as growth drivers for the industry. The electrical and electronics production revenue is expected to reach USD 977 billion by 2029.
| End User Industry | Aerospace |
| Automotive | |
| Building and Construction | |
| Electrical and Electronics | |
| Industrial and Machinery | |
| Packaging | |
| Other End-user Industries | |
| Sub Resin Type | Aramid |
| Polyamide (PA) 6 | |
| Polyamide (PA) 66 | |
| Polyphthalamide | |
| Country | Canada |
| Mexico | |
| United States |
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Market Definition
- End-user Industry - Building & Construction, Packaging, Automotive, Aerospace, Industrial Machinery, Electrical & Electronics, and Others are the end-user industries considered under the polyamide market.
- Resin - Under the scope of the study, virgin polyamide resins like Polyamide 6, Polyamide 66, Polyphthalamide, and Aramid in the primary forms are considered.
| Keyword | Definition |
|---|---|
| Acetal | This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Cast film | A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion. |
| Colorants & Pigments | Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix. |
| Composite material | A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements. |
| Degree of Polymerization (DP) | The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands. |
| Dispersion | To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion. |
| Fiberglass | Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass. |
| Fiber-reinforced polymer (FRP) | Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt. |
| Flake | This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics. |
| Fluoropolymers | This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc. |
| Kevlar | Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid. |
| Laminate | A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width. |
| Nylon | They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids. |
| PET preform | A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container. |
| Plastic compounding | Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers. |
| Plastic pellets | Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic. |
| Polymerization | It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds. |
| Styrene Copolymers | A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate. |
| Thermoplastics | Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties. |
| Virgin Plastic | It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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