Global high performance polyamide market

High Performance Polyamide Market Size, Share, Growth Analysis, By Polyamide Type (Polyamide 6T, Polyarylamide), By Manufacturing Process (Injection Molding, Blow Molding), By End-Use Industry (Automotive, Electrical & Electronics), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15A2355 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 120 | Figures: 77

High Performance Polyamide Market Regional Insights

Globally, Asia Pacific held the highest share in the global market in the past few years. The major contributor for high performance polyamides market in this region are automobile as well as electrical & electronic industry. Medical & healthcare and construction also contribute significantly to the market in this region. Due to the rising demand for non-residential construction projects including hospitals, schools, and universities over the projected period, the construction sector is anticipated to increase significantly. This will increase demand for high-performance polyamides products, which will spur market growth. Examples of these products include cable glands, window systems, pipeline liners, strip terminal blocks, and corrugated pipes.

North America is projected to occupy second largest share in the global high performance polyamides market during the forecast period. This can be attributed to the expansion of the main end-use sectors due to the popularity of electric vehicles, including electrical and electronics, consumer products, and automotive. It is projected that rising consumer electronics demand and the expansion of the construction sector in the United States, Mexico, and Canada will accelerate market growth in the coming years in this region.

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Global High Performance Polyamide Market size was valued at USD 2.8 billion in 2023 and is poised to grow from USD 3.01 billion in 2024 to USD 5.23 billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032). 

Global high performance polyamides market is fragmented due to the presence of many players in the market which result in high competition in the market landscape.Major players use product quality offered and technology employed to produce high-performance poly amides as the basis for competition. They use various strategies such as mergers and acquisitions, collaboration and strategic partnership, and new product development and launches to fortify their consumer base and plan for market expansion and growth. 'BASF SE (Germany) ', 'Arkema S.A. (France) ', 'Solvay S.A. (Belgium) ', 'Evonik Industries AG (Germany) ', 'Asahi Kasei Corporation (Japan) ', 'Mitsui Chemicals, Inc. (Japan) ', 'Toray Industries, Inc. (Japan) ', 'LANXESS AG (Germany) ', 'Kuraray Co., Ltd. (Japan) ', 'EMS-Chemie Holding AG (Switzerland) ', 'Royal DSM N.V. (Netherlands) ', 'DuPont de Nemours, Inc. (USA) ', 'Celanese Corporation (USA) ', 'Ube Industries, Ltd. (Japan) ', 'Teijin Limited (Japan) ', 'Sumitomo Chemical Co., Ltd. (Japan) ', 'Honeywell International Inc. (USA) ', 'Ascend Performance Materials LLC (USA) ', 'RadiciGroup (Italy) '

Sustainable Choices will Shape the Future of Global High Performance Polyamide Market: Material suppliers have accelerated the development of resins and additives for improved sustainability in automobiles, particularly electric vehicles (EVs), as well as in electronics, packaging, and medical equipment. New engineering and commodity thermoplastics as well as new additives that are sustainable and replacements for their counterparts are expected to be seen. These new resins will have benefits including mechanically or chemically recycled content and materials and additives made from biobased feedstocks.

Globally, Asia Pacific held the highest share in the global market in the past few years. The major contributor for high performance polyamides market in this region are automobile as well as electrical & electronic industry. Medical & healthcare and construction also contribute significantly to the market in this region. Due to the rising demand for non-residential construction projects including hospitals, schools, and universities over the projected period, the construction sector is anticipated to increase significantly. This will increase demand for high-performance polyamides products, which will spur market growth. Examples of these products include cable glands, window systems, pipeline liners, strip terminal blocks, and corrugated pipes.

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Global high performance polyamide market

Report ID: SQMIG15A2355

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