Specialty Polyamide Market t USD 1.98 Million in 2019 Analysis Forecast to 2022
Posted by Moin Patni on March 27th, 2019
Specialty Polyamide Market Overview:
Specialty Polyamide Market size was estimated at USD 1.98 Million in 2018, the drivers for the market are various industries such as, transportation, energy, consumer goods, industrial coatings, electronics, and others.
Global Automotive Market is estimated to grow at higher CAGR to reach over USD 90 billion revenue in 2017. The production and use of light weight cars and other automotive, as projected by Morgan Stanley analysts, is set to rise to 2.9 percent of 99 million new vehicles in 2020 and to 9.4 percent of 102 million new vehicles in 2025, from 1.1 percent of 86.5 million this year.
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Specialty Polyamide Market Key Players:
Specialty Polyamide Major Participants of this Market are: Akzo Nobel N.V., Autonomic Materials Inc., BASF SE, DOW Chemical Company, E. I. du Pont de Nemours and Company, Evonik Industries AG, High Impact Technology, Honeywell International Inc., Huntsman International LLC and Mac Dermid Autotype Ltd.
Companies such as Akzo Nobel N.V., Autonomic Materials Inc., Evonik Industries AG, BASF SE, Arekma SA, Asahi Kasei Corporation, Koninklijke DSM N.V., E. I. du Pont de Nemours and Company, LG Chem, Ltd., Solvay S.A., INVISTA S.à r.l., and Radici Group have adopted expansion strategies to increase their presence in the market. Most of the companies have invested in R&D amenities to discover advancements and innovative special trading that are eco-friendly, and extremely sensitive to surrounding with less utilization of expensive & harmful raw materials.
Specialty Polyamide Market Segmentation:
Specialty Polyamide Market is majorly segmented on the basis of application. Based on the Application the market is segmented into Transportation, Energy, Consumer Goods, Industrial Coatings, Electronics, and Others.
Specialty Polyamide is among the most dominated among engineering plastics with applications in various end-user industries including Transportation, Energy, Consumer Goods, Industrial Coatings, Electronics, and Others. Specialty Polyamide, also known as nylon occurs in nature in form of silk and wool and can be produced artificially through polymerization.
Transportation market is anticipated to have largest market in 2017. In-addition, government and various companies have been taking various steps to encourage the use of specialty polyamide in transportation and consumer goods industries. All these factors are expected to benefit the growth of the specialty polyamide market.
Specialty Polyamide Market Regional Analysis:
APAC will be the ruling market for global specialty polyamide, accounting for USD Million and is expected to grow over $ Million by 2022 followed by North-America and Europe. With rise in development of emerging economies can cause countries like China, India, and Brazil to contribute more amount of share in this market.
Europe and Row are the growing market for global specialty polyamide market and are expected to grow at CAGR of % respectively from 2018 to 2022.
Specialty Polyamide Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Specialty Polyamide Market
Specialty Polyamide Market Table of Content to be Continue……,
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About the AuthorMoin Patni
Joined: February 20th, 2018
Articles Posted: 412
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