Global Long-chain Polyamide Market, By Type (PA11, PA12, PA610, PA612, and Others), End Use Industry by Application (Automotive, Electrical and Electronics, and Industrial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Long-chain Polyamide Market
Data Bridge Market Research analyses that the long-chain polyamide market will witness a CAGR of 5.70% for the forecast period of 2021-2028. Growth in the demand for long-chain polyamide especially in the developing economies like India and China, growing use of long-chain polyamide for a wide range of end user applications such as automotive, electrical and electronics, and industrial and other applications, increasing investment by the government for research and development activities on automobile fuel efficiency and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the long-chain polyamide market. Therefore, the long-chain polyamide market value would stand tall by USD 3100 million by 2028.
Long-chain polyamides are used for a wide range of applications owing to their excellent chemical, fatigue and crack resistance and dimensional stability. Not just that, long-chain polyamides are efficient in withstanding aggressive chemicals and extremely high temperatures. As a result, they are aggressively being used in the production of components such as rollers, pulleys, conveyor systems, houses and tubes connectors, and filaments.
Rise in demand for long-chain polyamide by the electrical and electronics industry in developed and developing economies is the root cause fuelling up the market growth rate. Rising application areas for long-chain polyamide and growth and expansion of various end user industries especially in the developing economies will also directly and positively impact the growth rate of the market. Favourable regulations regarding the application of long-chain polyamide, surging demand for lightweight materials by the automotive and transportation industry, growing focus on the technological advancements and modernization in the production techniques will further carve the way for the growth of the market.
However, insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the market. High costs associated with research and development proficiencies will dampen the market growth rate. Increasing pricing pressure among the manufacturers will also impede the market growth rate.
This long-chain polyamide market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on long-chain polyamide market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Long-chain Polyamide Market Scope and Market Size
The long-chain polyamide market is segmented on the basis of type and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the long-chain polyamide market is segmented into PA11, PA12, PA610, PA612, and others.
The long-chain polyamide market is also segmented on the basis of end user industry into automotive, electrical and electronics, and industrial. Automotive segment is sub-segmented into brake tubes, fuel liners, cluster tubes, electrical systems and others. Electrical and electronics segment is sub-segmented into lug-in connectors, switchboards and housing, connection box, cable ducts and others. Industrial segment is sub-segmented into rollers, pulleys, conveyor systems, hoses and tubes, hoses and tubes connectors, filaments and others.
Long-chain Polyamide Market Country Level Analysis
The long-chain polyamide market is analysed and market size, volume information is provided by country, type and end user industry as referenced above.
The countries covered in the long-chain polyamide market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the long-chain polyamide market owing to the increase in the research and development activities and increase in the demand from numerous end-user industries in this region. Asia-Pacific will continue to undergo substantial gains during the forecast period owing to the high economic growth in the emerging countries, growing industrialization, and abundant availability of raw materials.
The country section of the long-chain polyamide market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Long-chain Polyamide Market Share Analysis
The long-chain polyamide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to long-chain polyamide market.
The major players covered in the long-chain polyamide market report are PolyOne Corporation, RTP Company, Evonik Industries AG, KRAIBURG TPE, Arkema, DSM, DUpont, Solvay, BASF SE, KURARAY CO., LTD., SABIC, LG Chem, Huntsman International LLC, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, KRATON CORPORATION, The Lubrizol Corporation, Celanese Corporation, Asahi Kasei Corporation, TSRC and Tosoh Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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