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High Performance Polyamides Market Trends

  • Report ID: GMI8963
  • Published Date: Apr 2024
  • Report Format: PDF
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High Performance Polyamides Market Trends

The high-performance polyamides market is driven by increasing demand from automotive and electronics industries due to their superior mechanical properties. Growing emphasis on lightweight materials to improve fuel efficiency and reduce emissions fuels demand in automotive applications. In electronics, the trend towards miniaturization and high-performance components boosts polyamides usage. Additionally, expanding aerospace industry requirements for lightweight, durable materials further propels market growth. Advancements in material technology, including bio-based and recyclable polyamides, along with stringent regulations promoting sustainability, also drive market expansion. Overall, these factors collectively contribute to the sustained growth of the high-performance polyamides market.
 

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for high performance polyamides was valued at USD 3.2 billion in 2023 and is anticipated to register 6.8% CAGR between 2024 and 2032, driven by the increasing demand from industries, such as automotive, and electronics.

The injection molding technology segment accounted for 64% of the high-performance polyamides industry share in 2023, due to the efficiency in producing complex parts with precision and consistency.

Asia Pacific market reached USD 1.1 billion in 2023, driven by rapid industrialization, urbanization, and expanding automotive and electronics sectors.

Arkema, Asahi Kasei, BASF SE, Evonik, KURARAY, Lanxess, Royal DSM, SABIC, Solvay S.A. and Toray

High Performance Polyamides Market Scope

  • High Performance Polyamides Market Size
  • High Performance Polyamides Market Trends
  • High Performance Polyamides Market Analysis
  • High Performance Polyamides Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 10
    • Tables & Figures: 230
    • Countries covered: 21
    • Pages: 200
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