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Polyamides are macromolecules composed of recurring amide groups and linkages. These polymers are extensively used in end-use industries to impart thermal stability, lightweight and durable nature to the final product. Moreover, they also provide reliability and versatility to the product.
The global polyamides market is driven by the scope of its application in various sectors such as engineering plastics and fiber segments. Moreover, engineering plastics segment is set to grow at a higher CAGR owing to the endless use of lightweight materials in the sector.
Get Free sample @ Polyamides are polymers composed of repeated amides such as -CO-NH-, linkages. These polymers are either obtained naturally in nature or formed by synthetic process. The naturally occurring polyamides are proteins, wool, and silk whereas artificial polyamides include nylons, aramids, and sodium poly (aspartate) and are formed by step growth polymerization process or solid-phase synthesis method. They are known for high standard performance Titans Nate Davis Jersey , enhanced efficiency, durability, reliability, and other features which are also influencing the market confidently.
Market Scenario
Bio polyamides hold a major portion of the market. This segment is further divided into PA 6, PA 66, PA 10, PA 11 and PA 12 segments. The increasing demand for polyamides in end-use industries is the major factor behind their growth in the market due to thermal stability, water solubility along with corrosion resistance and other features offered by them. The extensive consumption of these materials has driven the manufacturers to adopt them in automotive, electrical & electronics Titans A.J. Brown Jersey , consumer goods & appliances, and other sectors. Low cost, high strength, long life, high standard performance, and others are the major factors behind the growth of polyamides in the market.
Market Segmentation
The global polyamides market is segregated into types and application segment. The market by type is categorized into bio polyamides and speciality polyamides. The bio-polyamides sub-segment is differentiated into PA 6, PA 66, PA 10, PA 11 and PA 12 segments whereas textiles Titans Jeffery Simmons Jersey , carpet, and staple are the classifications of speciality amides sub-segment. The market by application is bifurcated into engineering plastics, and fiber segments. Among these, engineering plastics sub-segment is classified into automotive, industrialmachinery, electrical & electronics, consumer goods & appliances, packagingfilm, wire & cable Kevin Byard Color Rush Jersey , and others.
Competitive Analysis
Some of the well-known players functioning in the global polyamides market are BASF SE(Germany), Honeywell International, Inc. (U.S.), Asahi Kasei Corporation (Japan), Evonik Industries AG (Germany), Dupont (U.S.), Formosa Plastics Corporation (Taiwan), Huntsman International LLC (U.S.), Arkema SA (France) Derrick Henry Color Rush Jersey , Koninklijke DSM N.V. (the Netherlands), and UBE INDUSTRIES, LTD (Japan) among others.
Regional Analysis