Polyamide Compound Market to Witness Widespread Expansion CAGR of 6.8% during 2018–2025

nishabudhani (-2)(1)in #polyamide • 7 years ago

The Global Polyamide Compound Market was valued at USD 4.2 billion in 2017, and is expected to grow at a CAGR of 6.8% by 2025. The production of Polyamide Compound production stood at over 7 million tons in 2015. The market is driven by increasing application in industries such as automotive and textiles in countries such as China, India and North America.

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The characteristics of the polyamide compounds which include high strength, abrasion resistance, and resilience, make them very useful in the manufacture of clothing and carpets. Although these polyamides account for 95% of the material used in women's hosiery, this still only accounts for about 5% of the total fibers used to make clothing. Safety airbags are another important application where polyamides are used extensively. The polyamide compounds are also used in engineering plastics, for example, in cars, and for making films for food packaging. They are used in films for their good balance between mechanical strength and resistance properties against oxygen, smells and oils.

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However, the market faces challenge in the form of stringent regulations compelling manufacturers to shift away from hazardous chemicals and non-biodegradable materials are anticipated to hinder growth. The advent of bio-based plastics may present opportunity prospects for the manufacturers.

Some of the key players operating in this market include BASF, Arkema and Others.

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Key Benefits of the Report:

Global, Regional, Country, Application, and Deployment Market Size and Forecast from 2014-2025
Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
Identification of key companies that can influence this market on a global and regional scale
Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
Detailed insights on emerging regions, deployment & application, and competitive landscape with qualitative and quantitative information and facts
Target Audience:

Polyamide Compound providers
Traders, Importer and Exporter
Raw material suppliers and distributors
Research and consulting firms
Government and research organizations
Associations and industry bodies

Research Methodology:

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.

We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:

Original Equipment Manufacturer,
Component Supplier,
Distributors,
Government Body & Associations, and
Research Institute
TABLE OF CONTENT

1 Executive Summary

2 Methodology And Market Scope

3 Polyamide Compound Market — Industry Outlook

4 Polyamide Compound Market Product Outlook

5 Polyamide Compound Market Regional Outlook

6 Competitive Landscape

End of the report

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