Global Specialty Polyamides Market Overview:
Polyamides are macromolecules linked by amide bonds with repeating units. Polyamides that are obtained artificially can be made by either solid-phase synthesis or step-growth polymerization. Specialty polyamides are used as alternatives to artificial polyamides. Higher polyamides like PA eleven and twelve offer improved wetness resistance, superior thermal and mechanical characteristics, and provide further resistance to the bulk of normally used aids & solvents.
As per latest study released by AMA Research, the Global Specialty Polyamides market is expected to see growth rate of 5.9%Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
High Growth Market | Asia Pacific |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- High Demand of Polyamides in Textile Industry
- Rise in Automobile Industry Applications like Interior of Cars
Roadblocks
- High-Cost of Specialty Polyamide
Opportunities
- Rise in Recyclable Specialty Polyamide Manufacturing from Natural Sources
Challenges
- Time-Consuming Process Involvement to Alter an Entire Process Flow along with Low Adoption of Specialty Polyamides
Competitive Landscape:
Some of the key players profiled in the report are Evonik Industries AG (Germany), Arkema S.A. (France), BASF SE (Germany), DowDuPont, Inc. (United States), Koninklijke (Netherlands), DSM N.V. (Netherlands), Asahi Kasei Corporation (Japan), LG Chem (South Korea), INVISTA (United States) and Solvay America, Inc. (United States). Considering Market by Sales Channel, the sub-segment i.e. Direct will boost the Specialty Polyamides market. Considering Market by Source, the sub-segment i.e. Castor Oil will boost the Specialty Polyamides market.
Latest Market Insights:
In 2020, Evonik, a smart material manufacturer acquired Porocel. This acquisition will complement the Evonik in the field of desulfurization catalyst rejuvenation, sulfur recovery catalysts, and alumina-based purification adsorbents.
In 2019, Ascend Performance Materials plans launched several new specialty polyamides like Vydyne XHT, long-chain polyamides, and high-temperature polyamides. This launch is made to cater for the performance across a broad operating window for our customers.
What Can be Explored with the Specialty Polyamides Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Specialty Polyamides Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Specialty Polyamides
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Specialty Polyamides market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Specialty Polyamides market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Specialty Polyamides Manufacturer, Raw Material Provider, Automobile Firm, Textile Firms, Research Institutes and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.