Market Research Future (MRFR) has published a cooked research report on the “Global Polyamide Market” that contains information from 2019 to 2035.
The Global Polyamide Market is estimated to register a CAGR of 5.4% during the forecast period of 2024 to 2035.
MRFR recognizes the following companies as the key players in the Global Polyamide Market— BASF SE, ARKEMA, EVONIK, DUPONT, EMS-CHEMIE HOLDING AG, ASCEND PERFORMANCE MATERIALS, HUNTSMAN INTERNATIONAL LLC, LANXESS, DSM, SOLVAY, among others.
Market Highlights
The Global Polyamide Market is estimated to register a CAGR of 5.4% during the forecast period and is estimated to reach USD 36,079.0 Million by 2035.
The textile industry plays a vital role in Asian economics and is expected to continue to be one of the leading industries in the region in the next few years. Textile manufacturing is characterized as a labor-intensive process and is closely linked to the agricultural sector due to the dependence on key raw materials, such as cotton and jute. India and China are the significant producers of cotton in the world, which is widely used in the production of textiles. Additionally, textile manufacturers are shifting their production bases to Asian countries due to the availability of skilled and low-cost labor, favorable macroeconomic conditions, and abundant availability of raw materials, which is favoring the growth of the textile industry in the region.
Nylon is a lustrous fiber and can be modified by adding a delustering agent at the molten stage. Nylon has good tenacity and high strength to weight ratio. It is one of the lightest textile fibers which possess high strength. Moreover, it has good elasticity, which makes it suitable for apparel applications. The excellent elasticity of nylon fabrics helps apparel retain their shape and appearance after washing. Furthermore, nylon can be easily dyed with a wide range of dyes and has good resistance to fading. Furthermore, nylon fiber’s high tensile strength and abrasion resistance has increased its applications in the automotive industry for making components such as belting, airbags, hoses, and tire cord, among others.
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Segment Analysis
The Global Polyamide Market has been segmented based on By Type, By Chemistry, By Application, BY End Use Industry, By Process.
Based on Type, the Polyamides market is segmented into: Bio-based Polyamide, Specialty Polyamide. The Specialty Polyamide segment dominated the global market in 2024, while the Bio-based Polyamide is projected to be the fastest–growing segment during the forecast period. The specialty polyamides exhibit extreme abrasion resistance, extreme toughness, and outstanding resistance (especially at cold temperatures). Specialty polyamides are used in various applications including sports shoes, equipment, apparel, breathable films, home appliances, medical devices & catheters, wearable devices, optic, eyewear, wire & cables, air brake tubing (truck), alternative fuel systems, connectors, fittings & injection molded components, electrical & electronic components, vehicle emission control systems, vehicle fluid management, metal coating, fuel management systems, roto molding solutions, general tubing & hose solutions.
Based on Chemistry, the Polyamides market is segmented into: Aliphatic Polyamides, And Semi-Aromatic & Aromatic Polyamides. The Aliphatic Polyamides segment dominated the global market in 2024, while the Semi-Aromatic & Aromatic Polyamides is projected to be the fastest–growing segment during the forecast period. Aliphatic polyamides, commonly known as nylons, are synthetic polymers made from straight-chain or branched aliphatic monomers. These polyamides are characterized by their strong, flexible, and durable properties, making them suitable for a wide range of applications, including textiles, automotive parts, and electrical components. Aliphatic polyamides are typically produced through polymerization of diamines and dicarboxylic acids. The most well-known aliphatic polyamides are nylon-6 and nylon-66, which offer high resistance to wear, abrasion, and chemicals. These polymers are also prized for their excellent processing abilities, such as molding and extrusion, and are used in various industries, including fashion, engineering plastics, and consumer goods.
Based on Application, the Polyamides market is segmented into: Fibers, Wire & Cables, 3D Printing, Engine Components, Breaks & Transmission Parts, And Others. The Fibers segment dominated the global market in 2024, while the 3D Printing is projected to be the fastest–growing segment during the forecast period. FDM is a widely accessible and cost-effective 3D printing method that utilizes filaments of thermoplastic materials. Polyamide filaments are available in various grades, each with its own set of properties. For instance, PA6 and PA12 are commonly used polyamide filaments known for their strength, flexibility, and chemical resistance. These filaments are often used to produce functional parts, prototypes, and tooling. PBF processes, such as selective laser sintering (SLS) and multi jet fusion (MJF), utilize fine polyamide powders to create 3D objects. SLS involves selectively sintering layers of polyamide powder using a laser, while MJF employs a binder and fusing agent to selectively solidify layers of polyamide powder. PBF-produced polyamide parts typically exhibit higher strength and dimensional accuracy compared to FDM-printed counterparts.
Based on End Use Industry, the Polyamides market is segmented into: Automotive, Electrical & Electronics, Apparel Textiles, Finished Apparel Garments, Aerospace & Defense, Packaging, Consumer Goods, Sports Equipment, and Others. The Automotive segment dominated the global market in 2024, while the Consumer Goods is projected to be the fastest–growing segment during the forecast period. The automotive industry is undergoing a significant transformation, driven by the growing demand for sustainable and environmentally friendly transportation solutions. Electric vehicles (EVs) are at the forefront of this revolution, offering a cleaner and more efficient alternative to traditional gasoline-powered vehicles. Polyamide, a versatile and high-performance engineering plastic, is playing a crucial role in the development and manufacturing of EVs, making it an essential material for the future of e-mobility. Polyamides are extensively used in engineered plastics, such as polyamide 6 (PA6) and polyamide 6,6 (PA6,6), to manufacture various structural components such as housings, brackets, and gears.
Based on Process, the Polyamides market is segmented into: Extrusion Molding, Injection Molding, Fiber Extrusion, And Others. The Injection Molding segment dominated the global market in 2024, while the Fiber Extrusion is projected to be the fastest–growing segment during the forecast period. Injection molding is another crucial process in the polyamides market, especially for producing intricate, high-precision parts. In this process, polyamide material is heated until it melts and then injected into a mold under high pressure. The material cools and solidifies in the mold to form the desired shape. This process is ideal for creating complex parts with high dimensional accuracy and is used extensively in automotive, electronics, and consumer products. Injection molding offers benefits such as low waste, high repeatability, and the ability to produce parts with a wide range of geometries. It is particularly favored for manufacturing small to medium-sized components in large quantities.
Regional Analysis
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific Polyamide market accounted for the largest market share in 2024, and Asia-Pacific is expected to exhibit significant CAGR growth during the study period. Asia Pacific is expected to see the highest growth rate in the polyamides market due to rapid industrialization, urbanization, and increasing demand from key sectors such as automotive, electronics, and textiles. Countries like China, India, Japan, and South Korea are major contributors to this growth, with China being the largest consumer of polyamides in the region. The growing automotive production in the region, coupled with the rise of the middle class and increased consumer spending on durable goods, drives the demand for polyamides. The rise in textile and garment production in countries like India and Bangladesh also significantly contributes to the regional market growth.
The polyamides market in the Middle East & Africa is primarily driven by the expanding automotive and aerospace sectors, along with growing industrialization and infrastructure development in countries such as Saudi Arabia, UAE, and South Africa. The region is seeing an increase in construction and manufacturing activities, where polyamides are used in a variety of applications, including machinery parts and components. Additionally, the demand for consumer goods and textiles is increasing in the region. The Middle East's focus on diversification from oil-based economies and investment in non-oil industries further contributes to the adoption of polyamides. However, challenges such as geopolitical instability and limited domestic production capabilities may hinder rapid market growth.
Key Findings of the Study
- The Global Polyamide Market is expected to reach USD 60,413.4 Million by 2035, at a CAGR of 5.4% during the forecast period.
- The Asia Pacific region accounted for the fastest growing in the global market.
- Based on application, the Fibers segment was attributed to holding the largest market in 2023.
- BASF SE, ARKEMA, EVONIK, DUPONT, EMS-CHEMIE HOLDING AG, ASCEND PERFORMANCE MATERIALS, HUNTSMAN INTERNATIONAL LLC, LANXESS, DSM, SOLVAY, among others. are the key market players.
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Companies Covered | 15 |
Pages | 197 |
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