DUBLIN, Dec. 08, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/czksg3/polyamide_market) has announced the addition of the "Polyamide Market by Type, by Application, by Process, and by Region - Global Trends and Forecast to 2020" report to their offering.
The polyamide market is projected to reach USD 43.77 Billion by 2020, at a CAGR of 5.4% from 2015 to 2020. The key factor responsible for this growth is its increased usage in the automotive sector.
The increasing usage in the automotive sector for weight reduction is one of the key factors driving the growth of the polyamide market. Many of the components such as interiors, fuel systems, and under the hood components are now being designed using polyamides as engineering thermoplastics. Availability is another factor that has a major impact on increased applications of polyamides, with many players having well-established supply base throughout the globe.
Estimating the future demand is a prime challenge for the polyamides suppliers, due to the economic slowdown that took place in the past decade. Many economies in the European region have still not recovered completely, which has affected the demand for polyamides from major end user industries in this region. In Asia-Pacific, China witnessed lowest growth rates in the past decade.
Manufacturing sector holds a key share in the GDP of China, and the slowdown in this sector will affect the polyamide consumption of polyamide in applications such as automotive and fibers & textile to some extent. However, from strategic point of view, China still holds the key to the growth of polyamide market in Asia-Pacific.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Polyamide Market, By Application
8 Polyamide Market, By Type
9 Polyamide Market, By Process
10 Polyamide Market, By Region
11 Competitive Landscape
12 Company Profiles
- Arkema SA.
- Asahi Kasei Corporation
- BASF SE
- E.I. Dupont De Nemours & Company
- Evonik Industries AG
- Formosa Plastics Corp.
- Honeywell International, Inc.
- Huntsman Corporation
- Invista S.A.R.L. (Koch Industries, Inc.)
- Lanxess AG
- Quadrant AG
- Royal DSM NV
- Saudi Basic Industries Corp.(Sabic Innovative Plastics Holdings BV)
- Solvay SA
- UBE Industries Limited
For more information visit http://www.researchandmarkets.com/research/czksg3/polyamide_market
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SOURCE Research and Markets