The global polyamide market is expected to reach USD 38.30 Billion by 2026, according to a new report by Reports and Data.

New York, NY -- (SBWire) -- 06/21/2019 --Polyamide is a kind of polymer that contains recurring amide groups as an integral part of the main polymer chain and is one of the most widely used engineering thermoplastic materials. Growing demand for polyamides from the automotive industry is the most significant factor estimated to drive the market demand in the forecast period. Application of polyamides in an automotive range from structural and decorative components of the vehicle to the electronic components as these materials are used as a substitute for metals to reduce system costs and incorporate lighter components to increase fuel efficiency with reduced emissions. According to research, a 10% reduction in the weight of an automobile can result in a 6%-8% improvement in fuel efficiency.

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Scope of the Report:
The research methodologies used for evaluating the Polyamide market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility. The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.

Market Segment by manufacturers, the report covers the following companies:
BASF SE, Honeywell International Inc., Koch Industries, Huntsman Corp., Du Pont, DSM N.V., Lanxess AG, Evonik Industries AG, Solvay AG, and RadiciGroup, among others.

For the purpose of this report, Reports and Data have segmented the global polyamide market on the basis of product type, applications, end-user, and region:

Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
- PA 6
- PA 66
- Bio-Based Polyamides
- Others

Applications Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
- Polyamide Fibers & Films
- Engineering Plastics
- Polyamide Adhesives

End User Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
- Automotive
- Electrical & Electronics
- Aerospace & Defense
- Textile
- Films & Coatings
- Sports & Leisure
- Industrial
- Others

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Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
- North America
o U.S.
- Europe
o UK
o France
- Asia Pacific
o China
o India
o Japan
- Latin America
o Brazil
- MEA

Estimating the potential size of the Polyamide industry:
Industry experts conducting the study further estimate the potential of the Polyamide industry. Such information is important for firms looking to launch an innovative service or product on the market. Industry experts have measured the total volume of the given market. Researchers have calculated the industry in terms of sales by the competitors and end-user – customers. Data on the entire size of the Polyamide market for a particular product or a service for the forecast period, 2019 to 2026 covered in the report makes it valuable. This information reveals the upper limit of the Polyamide industry for a specific product or service.

Market share:
The report discovers market's total sale that is generated by a particular firms over a time period. Industry experts calculate share by taking into account the product sales over a period and then dividing it by the overall sales of the Polyamide industry over a defined period. Subject matter experts further use this metric to offer a general idea of the share and size of a firm and its immediate rivals. By providing an in-depth knowledge of the position a company as well as an entrepreneur holds in the Polyamide market

The research provides answers to the following key questions:
- What is the estimated growth rate of the Polyamide market for the forecast period 2019 - 2026? What will be the market share and size of the industry during the estimated period?
- What are prime factors expected to drive the Polyamide industry for the estimated period?
- What are the major market leaders and what has been their winning strategy for success so far?
- What are the significant trends shaping the growth prospects of the Polyamide market?
- What are the key challenges expected to restrict the progress of the industry for the forecast period, 2019 - 2026?
- What the opportunities product owners can bank on to generate high profits?

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