Polyamide otherwise commonly called nylon is a polymer substance that is made up of multiple long molecules wherein the units are linked by amide groups.

New York, NY -- (SBWire) -- 05/21/2019 --The clothing and carpet manufacture around the globe prefer nylons because of their unique properties such as their resilience, the high strength, and the abrasion resistance.

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The rise in demand from electronics and packaging applications segment as well as the automobile industry drive the polyamide market. The growing Research and Development initiatives in the field and the shift in trends towards the production of bio-based polyamide would be opportunities for growth for the market and the market players. The stringent government guidelines, however, are predicted to restrain the market.

Top Key Players:-
Royal DSM N.V.
Solvay SA
Arkema SA
Lanxess AG
Asahi Kasei Corporatio

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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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