Polyamide Resins Market | Top Emerging Trends and Industry Analysis

Posted by Loise Williams on October 15th, 2019

Polyamide resins are micro-molecular compounds that have hydroxyl groups, active groups, and amides. There are two types of polyamide resins, namely natural polyamide resins and synthetic polyamide resins. As per the latest market research report published by Technavio, the global polyamide resins market size will grow by USD 2.29 billion during 2019-2023. This market report provides a detailed analysis of the market by type (reactive polyamide resins and non-reactive polyamide resins) and geography (APAC, Europe, MEA, North America, and South America). Get the free sample report below for the detailed information.

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The demand for recycled polyamide resins has increased across the world due to rising environmental concerns among the consumers. The use of recycled polyamide resins helps reduce the amount of landfill and the overall cost for vendors. During the recycling process, scrap materials are collected and sorted in recycling facilities and quickly sent to be re-processed into raw material forms. 

For instance, DOMO Chemicals offers Econamid range of recycled polyamide resins, which is produced using sustainable feedstock derived from manufacturing o film, fiber, and yarn. Some of the end-users have been focusing on using recycled polyamide resins. The Technyl 4earth polyamide resin is used for molding spray lances of Alferd Karcher’s high pressure cleaners. Such a rise in the adoption of recycled polyamide resins is expected to boost the growth of the global polyamide resins market at a CAGR of 5.57% during the forecast period. To know the complete and in-depth analysis and forecast of this market get the complete report by clicking the link below.