The Polyamide market of the report has focused on SWOT analysis, Porter’s Five Forces analysis, and PESTLE analysis of the global Polyamide market. Polyamide market report also gives the geographical segmentation of the concerned market in detail. It demonstrates various segments.
New York, NY -- (SBWIRE) -- 05/14/2019 -- The Polyamide market is mainly driven by rising demand from end use industry like electronics, automobiles and packaging. Shift in trend towards production of bio-based polyamides offers huge traction towards the market growth. However, fluctuating prices of petroleum-based raw materials and stringent government guidelines are acting as a major barrier towards the market growth.
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Top Key Players:-
Royal DSM N.V.
Solvay SA
Arkema SA
Lanxess AG
Asahi Kasei Corporatio
The report gives a clear understanding of current market scenario which includes historical and predicted market size in terms of value, technological advancement, and macro economical
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Rising demand from automobiles applications
Polyamides are majorly used in automobiles industry. Automobile air intake manifolds were previously made from metal but, nowadays it is mainly manufactured using polyamide 6. Polyamide 4, 6 and polyamide 6, 6 are also used in manifolds. Substituting metal manifolds with polyamide helps in reducing production cost, it reduces system cost by part integration which contributes to higher fuel efficiency. It also reduces the weight of the vehicle. The demand for lightweight vehicles is growing therefore; it will positively impact the demand for polyamides over the coming years.
Polyamide Market by Types:-
polyamide 6
polyamide 66
bio-based
specialty polyamide.
Polyamide Market by Application :-
Automotive
industrial/machinery
electrical & electronics
consumer goods & appliances
packaging/film
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