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Specialty Polyamides Market Is Projected To Grow Rapidly Owing To Eco-Friendly Production And Fuel Efficiency Till 2025 | Million Insights

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Specialty Polyamides Market Is Projected To Grow Rapidly Owing To Eco-Friendly Production And Fuel Efficiency Till 2025 | Million Insights

October 08
06:16 2019
Specialty Polyamides Market Is Projected To Grow Rapidly Owing To Eco-Friendly Production And Fuel Efficiency Till 2025 | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the specialty polyamide industry is estimated to grow at a CAGR of 6.0% over the forecast period as the scope and its applications are rising enormously across the globe.

The global Specialty Polyamides Market was appreciated at US$ 2.23 billion during 2017 and is estimated to witness a CAGR of 6.0% from 2019 to 2025. The scope of the market is projected to be US$ 3.54 billion by the completion of 2025. This could be attributed to the fact that specialty polyamides are used as substitutes to synthetic polyamides as they are lightweight, recyclable, provide resistance against abrasion, flexibility, toughness, and have better performance. The verticals acting as torchbearers to specialty polyamides include electrical and automotive industries.

The specialty polyamide market is segmented based on application, geography, and type. By type, it comprises PA12, PA11, PA10, PA6/12, and PA6/10. By application, the market consists of industrial coatings, energy, consumer goods & retail, electronics & electrical, and automotive and transportation. The “automotive and transportation” segment holds the largest market share due to it being used for manufacturing lightweight vehicles. The other factors driving the specialty polyamides industry include eco-friendly production and fuel efficiency.

Full Research Report On Global Specialty Polyamides Market Analysis available at: https://www.millioninsights.com/industry-reports/specialty-polyamides-market

The latest trend catching up is an influx of high-temperature polyamides. They are inclusive of PA10T, PA9T, PA6T/66/DT, PA6T/DT, PA6T/6I/66, PA6T/6I, PA6T/66, PA6T/6, PA4T, and PA46. These come across as high-crystalline polyamides. They are different from their counterparts in terms of their thermal and mechanical properties.

Plus, stringent regulations on the part of government regarding environment safety do bolster the specialty polyamides market. At the same time, high installation cost does act as a restraint. By geography, the segmentation goes like LATAM, Europe, North America, Asia Pacific, and MEA. Asia Pacific rules the market due to automotive industry expanding by leaps and bounds in the region. The fact that specialty polyamides are extensively used in electrical & semiconductor devices also can’t be ruled out. The transportation industry is fueled by use of eco-friendly substances as well.

The players contributing to the specialty polyamides market include Koninklijke DSM N.V.; Radici Group; Solvay S.A.; INVISTA; LG Chem, Ltd.; Asahi Kasei Corporation; E. I. DuPont de Nemours and Company; BASF SE; Arekma SA; and Evonik Industries AG.

Request for Free Sample Copy @ https://www.millioninsights.com/industry-reports/specialty-polyamides-market/request-sample

Market Segment:

Specialty Polyamides Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • Long Chain Specialty Polyamide
        • PA 12
        • PA 11
        • PA 6/10
        • PA 6/12
        • PA 4/10
        • PA 10/10
        • PA 10/12
    • High Temperature Specialty Polyamide
        • PA 46
        • PA 4T
        • PA 6T/6
        • PA 6T/66
        • PA 6T/6I
        • PA 6T/6I/66
        • PA 6T/DT
        • PA 6T/66/DT
        • PA 9T
        • PA 10T
        • MXD6/PARA

Specialty Polyamides Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • Automotive & Transportation
    • Electrical & Electronics
    • Consumer Goods & Retail
    • Energy
    • Industrial Coatings
    • Others

Specialty Polyamides Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 – 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • France
        • Netherlands
        • Italy
        • Poland
        • Spain
    • Asia Pacific
        • China
        • India
        • Japan
        • Hong Kong
        • Taiwan
        • Thailand
        • South Korea
    • Central & South America
    • Middle East & Africa

Related Reports of This Category Available at Million Insights: https://www.millioninsights.com/industry/advanced-materials

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