The polyamide market is especially 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 serious barrier towards the market growth

New York, NY -- (SBWire) -- 02/27/2020 --Market Industry Reports (MIR) has published a new report titled "Polyamide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global polyamide market was valued at over US$ 25.0 Bn in 2018 and is anticipated to grow at a CAGR of 4.1% from 2019 to 2030.

Get Access To Free Sample Pages:https://www.marketindustryreports.com/pdf/66

The Global polyamide market was valued at over US$ 25.0 Bn in 2018 and It is anticipated to grow at a CAGR of 4.1% from 2019 to 2030.

Major key Players:

Honeywell International Inc., Formosa Group, Du Pont De Nemours And Company, Basf Se, And Li Peng Enterprise Co.,Royal Dsm N.V., Solvay Sa, Arkema Sa H, Lanxess Ag And Asahi Kasei Corporation.

Polyamide Market Segmentation:
By Type:

Polyamide 6, PA 66 & Bio-Based & Specialty Polyamide

Get Access to customization:https://www.marketindustryreports.com/free-customization/66

By Application:
Engineering Plastics & Fibre

Polyamide (PA) commonly known as nylon is a polymer substance made-up of multiple and long molecules in which the units are linked by amide groups. It is one of the largest engineering thermoplastic material (ETP). Polyamide is used in various application segments, such as automobile, electronic, packaging, consumer goods, and films among others. Growth of polyamide market is mainly driven by, rise in demand from automobile industry, electronics and packaging applications segment.

Eventually, polyamide also will have a promising future. Furthermore, shift in trend towards the assembly of bio-based polyamide and growing R&D initiative within the field is projected to supply immense opportunities for the market players. However, stringent government guidelines are likely to act as barrier in growth of the market in Europe and North America regions. Rising production of bio-based polyamide is projected to off-set this challenge.

The latest market data for this research include:
-Overall Polyamide market size, 2019-2030
-Polyamide market size by product segment, 2019-2030
-Growth rates of the overall Polyamide market and different product segments, 2019-2030
-Shares of different product segments of the overall Polyamide market, 2019, 2025 and 2030
-Market Potential Rates of the overall Polyamide market and different product segments

About Market Industry Reports
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.

Contact Us-
Email: sales@marketindustryreports.com
Phone: + 91 8956767535
Website: https://www.marketindustryreports.com