Polyamides Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 18.59 Billion |
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Market Size (2029) | USD 25.18 Billion |
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Largest Share by End User Industry | Automotive |
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CAGR (2024 - 2029) | 6.25 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Polyamides Market Analysis
The Polyamides Market size is estimated at 18.59 billion USD in 2024, and is expected to reach 25.18 billion USD by 2029, growing at a CAGR of 6.25% during the forecast period (2024-2029).
18.59 Billion
Market Size in 2024 (USD)
25.18 Billion
Market Size in 2029 (USD)
4.05 %
CAGR (2017-2023)
6.25 %
CAGR (2024-2029)
Largest Market by End-user Industry
28.93 %
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
7.71 %
Projected CAGR, Packaging, 2024-2029
With the grwoing developments of packaging techniques using polyamides, the packaging industry is likely to witness the fastest growth.
Largest Market by Sub Resin Type
50.64 %
value share, Polyamide (PA) 6, 2023
Owing to its applications and highest shares in various industries, including automotive, electrical and electronics, aerospace, and construction, PA 6 resin occupied the largest share.
Largest Market by Region
49.31 %
value share, Asia-Pacific, 2023
Owing to huge markets such as China, India, Japan, and South Korea, Asia-Pacific held around 72.45% of the automotive production and dominated the market.
Leading Market Player
10.48 %
market share, BASF SE, 2022
With the largest production capacity of around 925 kilotons per year of PA resin in 2022, the company held the largest share. BASF offers various polyamides, including PA6, PA66, PPA, and other products.
The automotive industry to lead the polyamide market
- 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 by volume in 2022. The automotive market for polyamides experienced a growth of 11.73% in terms of value compared to the previous year. This can be attributed to an increase in vehicle production which subsequently increased the consumption of polyamides. For instance, vehicle production reached 143 million units in 2022 compared to 136 million units in the previous year.
- The electrical and electronics industry occupied the second-largest market share by volume in 2022. A significant shift of consumers toward consumer electronics as companies began adopting work-from-home models and people began setting up home offices caused a surge in demand for consumer electronics. Thereby raising the demand for polyamides globally.
- The aerospace sector is the fastest growing end-user for polyamides and is expected to register a CAGR of 7.96% in terms of value during the forecast period (2023-2029). Trends like using advanced materials with light weight and high strength properties, miniaturization, and disruptive technologies will enable smart manufacturing practices in aerospace sector to increase the consumption of polyamides in the future. With the new research and developments in the design of next generation PA compounds and their engineered composites the consumption in aerospace is expected to rise significantly.
_Consumed_by_end_user_industry__USD__Global__2017_-_2029.svg "Polyamides Market Trends")
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Asia-Pacific to dominate the market demand
- The global polyamide market accounted for 8.18% of the overall engineering plastics market share in terms of consumption in 2022. Asia-Pacific and Europe are among the major consumers of polyamides globally.
- Asia-Pacific is the largest consumer of polyamide resin and is expected to register a CAGR of 6.80% in terms of value during the forecast period, making it the fastest-growing sector as well. Countries like China and Japan are at the forefront of the utilization of polyamides occupying 60.63% and 10.52%, respectively, of the total polyamide market share in terms of revenue. This can be attributed to China's automotive industry, which is the only region experiencing a surge in demand for vehicles primarily due to the government reducing taxes on vehicle purchases amid a global semiconductor shortage. For instance, vehicle production in China was 46 million units in 2022 compared to 44 million units in the previous year. China is also among the fastest-growing country in polyamide consumption and is likely to experience a CAGR of 7.13% in terms of value from 2023 to 2029.
- Europe was the second-largest consumer of polyamides across the world in 2022. The region is expected to register a CAGR of 5.52% in terms of value during the forecast period. Europe's polyamide consumption in the electronics industry accounts for 28.78% of the overall polyamide revenue generated in the region.
- Africa is likely to register as the fastest-growing region for polyamide consumption owing to its growing automotive production along with the rapid adoption of sustainable and durable building materials during the projected time period. The region is anticipated to grow at a rate of 7.17% during 2023-2029 in terms of value.
Global Polyamides Market Trends
Technological advancements in electronics industry may foster the growth
- The rapid pace of technological innovation in electronic products is driving the consistent demand for new and fast electrical and electronic products. In 2022, the global revenue of electrical and electronics stood at USD 5,807 billion, with Asia-Pacific holding a 74% market share, followed by Europe with a 13% share. The global electrical and electronics market is expected to record a CAGR of 6.61% during the forecast period.
- In 2018, the Asia-Pacific region witnessed strong economic growth owing to rapid industrialization in China, South Korea, Japan, India, and ASEAN countries. In 2020, due to the pandemic, there was a slowdown in global electrical and electronics production due to the shortage of chips and inefficiencies in the supply chain, which led to a stagnant growth rate of 0.1% in revenue compared to the previous year. This growth was driven by the demand for consumer electronics for remote working and home entertainment as people were forced to remain indoors during the pandemic.
- The demand for advanced technologies, such as digitalization, robotics, virtual reality, augmented reality, IoT (Internet of Things), and 5G connectivity, is expected to grow during the forecast period. Global electrical and electronics production is expected to register a growth rate of 5.9% in 2027. As a result of technological advancements, the demand for consumer electronics is expected to rise during the forecast period. For instance, the global consumer electronics industry is projected to witness a revenue reach of around USD 904.6 billion in 2027, compared to USD 719.1 billion in 2023. As a result, technological development is projected to lead the demand for electrical and electronic products during the forecast period.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Fast-paced growth of aviation industry and increased aircraft contracts may aid market growth
- Fast-paced urbanization and investments in Asia-Pacific region may boost the industry
- Automotive production to increase German imports
- With government regulations and initiatives, the recycling rates are projected to grow across the world
- Growing demand for electric vehicles may boost automobile industry growth
- Demand for flexible packaging from the food and beverage industry boosting market growth
- Volatile crude oil prices and geopolitical factors to dictate polyamide resin price
Polyamides Industry Overview
The Polyamides Market is moderately consolidated, with the top five companies occupying 42.68%. The major players in this market are Ascend Performance Materials, BASF SE, Highsun Holding Group, Koch Industries, Inc. and LIBOLON (sorted alphabetically).
Polyamides Market Leaders
Ascend Performance Materials
BASF SE
Highsun Holding Group
Koch Industries, Inc.
LIBOLON
Other important companies include AdvanSix, Celanese Corporation, Domo Chemicals, Hangzhou Juheshun New Materials Co., Ltd., LANXESS.
*Disclaimer: Major Players sorted in alphabetical order.
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Polyamides Market News
- 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.
- September 2022: LANXESS introduced a sustainable polyamide resin, Durethan ECO, which consists of recycled fibers made from waste glass to reduce its carbon footprint.
- July 2022: BASF SE announced plans to expand its ultramid polyamide grade production capacity in India to meet the growing demand from automotive, electrical and electronics, industrial, and consumer goods applications.
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.
Polyamides 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 Argentina
- 4.5.2 Australia
- 4.5.3 Brazil
- 4.5.4 Canada
- 4.5.5 China
- 4.5.6 EU
- 4.5.7 India
- 4.5.8 Japan
- 4.5.9 Malaysia
- 4.5.10 Mexico
- 4.5.11 Nigeria
- 4.5.12 Russia
- 4.5.13 Saudi Arabia
- 4.5.14 South Africa
- 4.5.15 South Korea
- 4.5.16 United Arab Emirates
- 4.5.17 United Kingdom
- 4.5.18 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 Region
- 5.3.1 Africa
- 5.3.1.1 By Country
- 5.3.1.1.1 Nigeria
- 5.3.1.1.2 South Africa
- 5.3.1.1.3 Rest of Africa
- 5.3.2 Asia-Pacific
- 5.3.2.1 By Country
- 5.3.2.1.1 Australia
- 5.3.2.1.2 China
- 5.3.2.1.3 India
- 5.3.2.1.4 Japan
- 5.3.2.1.5 Malaysia
- 5.3.2.1.6 South Korea
- 5.3.2.1.7 Rest of Asia-Pacific
- 5.3.3 Europe
- 5.3.3.1 By Country
- 5.3.3.1.1 France
- 5.3.3.1.2 Germany
- 5.3.3.1.3 Italy
- 5.3.3.1.4 Russia
- 5.3.3.1.5 United Kingdom
- 5.3.3.1.6 Rest of Europe
- 5.3.4 Middle East
- 5.3.4.1 By Country
- 5.3.4.1.1 Saudi Arabia
- 5.3.4.1.2 United Arab Emirates
- 5.3.4.1.3 Rest of Middle East
- 5.3.5 North America
- 5.3.5.1 By Country
- 5.3.5.1.1 Canada
- 5.3.5.1.2 Mexico
- 5.3.5.1.3 United States
- 5.3.6 South America
- 5.3.6.1 By Country
- 5.3.6.1.1 Argentina
- 5.3.6.1.2 Brazil
- 5.3.6.1.3 Rest of South America
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 Ascend Performance Materials
- 6.4.3 BASF SE
- 6.4.4 Celanese Corporation
- 6.4.5 Domo Chemicals
- 6.4.6 Hangzhou Juheshun New Materials Co., Ltd.
- 6.4.7 Highsun Holding Group
- 6.4.8 Koch Industries, Inc.
- 6.4.9 LANXESS
- 6.4.10 LIBOLON
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, GLOBAL, 2017 - 2029
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, GLOBAL, 2017 - 2029
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, GLOBAL, 2017 - 2029
- Figure 4:
- PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, GLOBAL, 2017 - 2029
- Figure 5:
- PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, GLOBAL, 2017 - 2029
- Figure 6:
- IMPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, GLOBAL, 2017 - 2021
- Figure 7:
- EXPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, GLOBAL, 2017 - 2021
- Figure 8:
- GLOBAL POLYAMIDES MARKET, PRICE TRENDS, BY COUNTRY, USD PER KG, 2017-2021
- Figure 9:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, GLOBAL, 2017 - 2029
- Figure 10:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, GLOBAL, 2017 - 2029
- Figure 11:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 12:
- VALUE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 13:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2017, 2023, AND 2029
- Figure 14:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2017, 2023, AND 2029
- Figure 15:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN AEROSPACE INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 16:
- VALUE OF POLYAMIDE (PA) CONSUMED IN AEROSPACE INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 17:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN AEROSPACE INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 18:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 19:
- VALUE OF POLYAMIDE (PA) CONSUMED IN AUTOMOTIVE INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 20:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN AUTOMOTIVE INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 21:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 22:
- VALUE OF POLYAMIDE (PA) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 23:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 24:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 25:
- VALUE OF POLYAMIDE (PA) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 26:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 27:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 28:
- VALUE OF POLYAMIDE (PA) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 29:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 30:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN PACKAGING INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 31:
- VALUE OF POLYAMIDE (PA) CONSUMED IN PACKAGING INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 32:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN PACKAGING INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 33:
- VOLUME OF POLYAMIDE (PA) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, GLOBAL, 2017 - 2029
- Figure 34:
- VALUE OF POLYAMIDE (PA) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, GLOBAL, 2017 - 2029
- Figure 35:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
- Figure 36:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, TONS, GLOBAL, 2017 - 2029
- Figure 37:
- VALUE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, USD, GLOBAL, 2017 - 2029
- Figure 38:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, GLOBAL, 2017, 2023, AND 2029
- Figure 39:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, GLOBAL, 2017, 2023, AND 2029
- Figure 40:
- VOLUME OF ARAMID CONSUMED, TONS, GLOBAL, 2017 - 2029
- Figure 41:
- VALUE OF ARAMID CONSUMED, USD, GLOBAL, 2017 - 2029
- Figure 42:
- VALUE SHARE OF ARAMID CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2022 VS 2029
- Figure 43:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, GLOBAL, 2017 - 2029
- Figure 44:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, GLOBAL, 2017 - 2029
- Figure 45:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2022 VS 2029
- Figure 46:
- VOLUME OF POLYAMIDE (PA) 66 CONSUMED, TONS, GLOBAL, 2017 - 2029
- Figure 47:
- VALUE OF POLYAMIDE (PA) 66 CONSUMED, USD, GLOBAL, 2017 - 2029
- Figure 48:
- VALUE SHARE OF POLYAMIDE (PA) 66 CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2022 VS 2029
- Figure 49:
- VOLUME OF POLYPHTHALAMIDE CONSUMED, TONS, GLOBAL, 2017 - 2029
- Figure 50:
- VALUE OF POLYPHTHALAMIDE CONSUMED, USD, GLOBAL, 2017 - 2029
- Figure 51:
- VALUE SHARE OF POLYPHTHALAMIDE CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2022 VS 2029
- Figure 52:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY REGION, TONS, GLOBAL, 2017 - 2029
- Figure 53:
- VALUE OF POLYAMIDE (PA) CONSUMED BY REGION, USD, GLOBAL, 2017 - 2029
- Figure 54:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY REGION, %, GLOBAL, 2017, 2023, AND 2029
- Figure 55:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY REGION, %, GLOBAL, 2017, 2023, AND 2029
- Figure 56:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY COUNTRY, TONS, AFRICA, 2017 - 2029
- Figure 57:
- VALUE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, USD, AFRICA, 2017 - 2029
- Figure 58:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, AFRICA, 2017, 2023, AND 2029
- Figure 59:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, AFRICA, 2017, 2023, AND 2029
- Figure 60:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, NIGERIA, 2017 - 2029
- Figure 61:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, NIGERIA, 2017 - 2029
- Figure 62:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, NIGERIA, 2022 VS 2029
- Figure 63:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, SOUTH AFRICA, 2017 - 2029
- Figure 64:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, SOUTH AFRICA, 2017 - 2029
- Figure 65:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, SOUTH AFRICA, 2022 VS 2029
- Figure 66:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, REST OF AFRICA, 2017 - 2029
- Figure 67:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, REST OF AFRICA, 2017 - 2029
- Figure 68:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, REST OF AFRICA, 2022 VS 2029
- Figure 69:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY COUNTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 70:
- VALUE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 71:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 72:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 73:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, AUSTRALIA, 2017 - 2029
- Figure 74:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, AUSTRALIA, 2017 - 2029
- Figure 75:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, AUSTRALIA, 2022 VS 2029
- Figure 76:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, CHINA, 2017 - 2029
- Figure 77:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, CHINA, 2017 - 2029
- Figure 78:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, CHINA, 2022 VS 2029
- Figure 79:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, INDIA, 2017 - 2029
- Figure 80:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, INDIA, 2017 - 2029
- Figure 81:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, INDIA, 2022 VS 2029
- Figure 82:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, JAPAN, 2017 - 2029
- Figure 83:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, JAPAN, 2017 - 2029
- Figure 84:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, JAPAN, 2022 VS 2029
- Figure 85:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, MALAYSIA, 2017 - 2029
- Figure 86:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, MALAYSIA, 2017 - 2029
- Figure 87:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2022 VS 2029
- Figure 88:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, SOUTH KOREA, 2017 - 2029
- Figure 89:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, SOUTH KOREA, 2017 - 2029
- Figure 90:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2022 VS 2029
- Figure 91:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 92:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 93:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, REST OF ASIA-PACIFIC, 2022 VS 2029
- Figure 94:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY COUNTRY, TONS, EUROPE, 2017 - 2029
- Figure 95:
- VALUE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2029
- Figure 96:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
- Figure 97:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
- Figure 98:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, FRANCE, 2017 - 2029
- Figure 99:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, FRANCE, 2017 - 2029
- Figure 100:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, FRANCE, 2022 VS 2029
- Figure 101:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, GERMANY, 2017 - 2029
- Figure 102:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, GERMANY, 2017 - 2029
- Figure 103:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
- Figure 104:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, ITALY, 2017 - 2029
- Figure 105:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, ITALY, 2017 - 2029
- Figure 106:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, ITALY, 2022 VS 2029
- Figure 107:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, RUSSIA, 2017 - 2029
- Figure 108:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, RUSSIA, 2017 - 2029
- Figure 109:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, RUSSIA, 2022 VS 2029
- Figure 110:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, UNITED KINGDOM, 2017 - 2029
- Figure 111:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, UNITED KINGDOM, 2017 - 2029
- Figure 112:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, UNITED KINGDOM, 2022 VS 2029
- Figure 113:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, REST OF EUROPE, 2017 - 2029
- Figure 114:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, REST OF EUROPE, 2017 - 2029
- Figure 115:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, REST OF EUROPE, 2022 VS 2029
- Figure 116:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY COUNTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 117:
- VALUE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 118:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 119:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 120:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
- Figure 121:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
- Figure 122:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
- Figure 123:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 124:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 125:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, UNITED ARAB EMIRATES, 2022 VS 2029
- Figure 126:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, REST OF MIDDLE EAST, 2017 - 2029
- Figure 127:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, REST OF MIDDLE EAST, 2017 - 2029
- Figure 128:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, REST OF MIDDLE EAST, 2022 VS 2029
- Figure 129:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY COUNTRY, TONS, NORTH AMERICA, 2017 - 2029
- Figure 130:
- VALUE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
- Figure 131:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 132:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
- Figure 133:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, CANADA, 2017 - 2029
- Figure 134:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, CANADA, 2017 - 2029
- Figure 135:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, CANADA, 2022 VS 2029
- Figure 136:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, MEXICO, 2017 - 2029
- Figure 137:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, MEXICO, 2017 - 2029
- Figure 138:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, MEXICO, 2022 VS 2029
- Figure 139:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, UNITED STATES, 2017 - 2029
- Figure 140:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, UNITED STATES, 2017 - 2029
- Figure 141:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
- Figure 142:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY COUNTRY, TONS, SOUTH AMERICA, 2017 - 2029
- Figure 143:
- VALUE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2029
- Figure 144:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2017, 2023, AND 2029
- Figure 145:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2017, 2023, AND 2029
- Figure 146:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, ARGENTINA, 2017 - 2029
- Figure 147:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, ARGENTINA, 2017 - 2029
- Figure 148:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, ARGENTINA, 2022 VS 2029
- Figure 149:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, BRAZIL, 2017 - 2029
- Figure 150:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, BRAZIL, 2017 - 2029
- Figure 151:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, BRAZIL, 2022 VS 2029
- Figure 152:
- VOLUME OF POLYAMIDE (PA) CONSUMED, TONS, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 153:
- VALUE OF POLYAMIDE (PA) CONSUMED, USD, REST OF SOUTH AMERICA, 2017 - 2029
- Figure 154:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY END USER INDUSTRY, %, REST OF SOUTH AMERICA, 2022 VS 2029
- Figure 155:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2019 - 2021
- Figure 156:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2019 - 2021
- Figure 157:
- PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) BY MAJOR PLAYERS, %, GLOBAL, 2022
Polyamides 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. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- 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 by volume in 2022. The automotive market for polyamides experienced a growth of 11.73% in terms of value compared to the previous year. This can be attributed to an increase in vehicle production which subsequently increased the consumption of polyamides. For instance, vehicle production reached 143 million units in 2022 compared to 136 million units in the previous year.
- The electrical and electronics industry occupied the second-largest market share by volume in 2022. A significant shift of consumers toward consumer electronics as companies began adopting work-from-home models and people began setting up home offices caused a surge in demand for consumer electronics. Thereby raising the demand for polyamides globally.
- The aerospace sector is the fastest growing end-user for polyamides and is expected to register a CAGR of 7.96% in terms of value during the forecast period (2023-2029). Trends like using advanced materials with light weight and high strength properties, miniaturization, and disruptive technologies will enable smart manufacturing practices in aerospace sector to increase the consumption of polyamides in the future. With the new research and developments in the design of next generation PA compounds and their engineered composites the consumption in aerospace is expected to rise significantly.
| 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 | |||
| Region | Africa | By Country | Nigeria |
| South Africa | |||
| Rest of Africa | |||
| Region | Asia-Pacific | By Country | Australia |
| China | |||
| India | |||
| Japan | |||
| Malaysia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Region | Europe | By Country | France |
| Germany | |||
| Italy | |||
| Russia | |||
| United Kingdom | |||
| Rest of Europe | |||
| Region | Middle East | By Country | Saudi Arabia |
| United Arab Emirates | |||
| Rest of Middle East | |||
| Region | North America | By Country | Canada |
| Mexico | |||
| United States | |||
| Region | South America | By Country | Argentina |
| Brazil | |||
| Rest of South America |
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Market Definition
- End-user Industry - Automotive, Electrical & Electronics, Industrial & Machinery, Building & Construction, and Others are the end-user industries considered under the polyamide market.
- Resin - Under the scope of the study, consumption of virgin polyamide resins like Polyamide 6, Polyamide 66, Polyphthalamide, and Aramid in the primary forms are considered. Recycling has been provided separately under its individual chapter.
| 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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