The global specialty polyamides market is projected to reach USD 3.89 billion by 2028, at a CAGR of 6.2% during the forecast period. Polyamides are polymers, which contain repeating amide linkages (-CO-NH-). Proteins are examples of naturally occurring polyamides. The most popular polyamides are nylons and aramids.

 

Global Specialty Polyamides Market
Global Specialty Polyamides Market

Specialty polyamides are a sub-group of polyamides, which are bio-degradable and possess relatively superior properties such as rigidity, strength, and other chemical and thermal properties, which make suitable for several different applications. Moreover, they are lightweight.

Global Specialty Polyamides Market
Global Specialty Polyamides Market

The increasing focus on emission control and fuel consumption has led to the need for lighter vehicles. Hence, specialty polyamides are increasingly being used in under the hood applications in automotive. Specialty polyamides such as PA11 and PA12 are also being used in 3D printing such as laser sintering with its increasing application base.

The market for polyamides is expected to grow in North America and Europe due to stringent government regulations to control environmental degradation, use of petro-based polymers, and the adoption of high-quality materials in electronic appliances in these regions. This market in the Asia Pacific is expected to grow due to the increasing disposable income of consumers and the high growth of the automotive sector.

Key Factors Impacting Market Growth:

  • Superior physical, chemical, and thermal properties
  • High demand for use in automotive systems for under the hood applications
  • Increasing government concerns on petroleum-based materials
  • Increasing demand in 3D printing technology
  • Limited suppliers for feedstock

Key Developments:

  • Arkema, a French chemical and materials company, which is one of the major players in this market, is investing heavily in their specialty polyamide range of products to meet the growing demand in various regions.
  • In October 2013, the company signed a joint venture agreement with Jayant Agro, whereby Arkema acquired 25% stake of Ihsedu Agrochem, a subsidiary of Jayant Agro specializing in the production of castor oil, a raw material required for the production of bio-sourced polyamides.
  • In July 2017, the company started the construction of its facility in Jurong Island, Singapore, to meet the growing demand from the Asian market.
  • In July 2018, the company invested USD28 million to increase its specialty polyamides powder production capacities at its facility in Pyrenees, France, by 50%.
  • In April 2019, the company started the expansion of its production plant in Nansha, China. The company is expected to increase its 3D printing resins production capacity by 30%.
  • In 2015, the Italian sports motorcycle manufacturer, Energica, started fabricating parts for its first street-legal electric vehicle called the Energica Ego using SLS 3D printing of specialty polyamides, which opened a new market segment for this product.
  • In early 2013, Evonik began the production of ω-amino lauric acid in Slovenska Lupca, Slovakia. This chemical replaces the petroleum-based chemical laurin lactum used in the production of PA12. The use of ω-amino lauric acid has led to the production of bio-based PA12. 

What Does This Report Provide?

This report provides a detailed understanding of the specialty polyamides market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Type:

  • Long Chain
    • PA 12
    • PA 11
    • PA 4/10
    • PA 6/10
    • PA 6/12
    • PA 10/10
    • PA 10/12
  • High Temperature
    • PA 4T
    • PA 46
    • 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

By Application:

  • Automotive & Transportation
  • Consumer Goods & Retail
  • Energy
  • Electrical & Electronics
  • Industrial Coatings
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Type
    • By Application
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Application
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Type
    • By Application
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Type
    • By Application

Companies Covered: Evonik Industries AG, Arkema SA, BASF SE, DowDuPont Inc., Koninklijke DSM N.V., Asahi Kasei Corporation, Solvay SA, Radici Group, and INVISTA… 

Reasons to Buy This Report:

  • Market size estimation of the specialty polyamides market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: sales@quincemarketinsights.com

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