Description
Long-chain Polyamide Market Research Report
Market Dynamics
Global long-chain polyamide market is anticipated to witness a healthy CAGR of 5.38% during the review period to surpass USD 2,969.34 million by the end of 2027. Long-chain polyamides are customarily used to deliver monofilaments, which are additionally utilized in a wide scope of uses because of their fantastic compound obstruction and dimensional solidness. The auto business has one of the biggest end clients of long-chain polyamides.
They are generally used to deliver different engine parts, for example, fuel lines, coolant hoses, and transmission oil and grip liquid channels, among others, because of their capacity to withstand very high temperatures and pneumatic pressing factor. In addition, car parts produced using long-chain polyamides are dynamically supplanting metal segments because of their light, moderately lightweight, and practically identical strength, execution, and sturdiness ascribe.
Along these lines, the developing pattern toward the creation of lightweight, eco-friendly vehicles is relied upon to drive the market interest over the conjecture time frame. The expanding reception of long-chain polyamides as a substitution to customary plastic materials in electrical and gadgets is relied upon to drive the fragment development in the impending time frame.
Market Segmentation
The global long-chain polyamide market is segmented based on type, end-use industry by application, and region.
The global long-chain polyamide market in terms of type segment has been classified into PA11, PA12, PA610, PA612, and Others. Each sub-segment based on type segment is further classified into endues industries, namely industrial, electrical & electronics, and automotive.
Based on the end-use industry, the global long-chain polyamide market has been segmented into automotive, electrical & electronics industrial, and others. The automotive segment has further been divided into brake tubes, fuel lines, cluster tubes, electrical systems, and others. The electrical & electronics segment has been classified into plug-in connectors, switchboards & housing, connection boxes, cable ducts, and others. The industrial segment is again segmented into rollers, pulleys, conveyor systems, hoses & tubes, hoses & tubes connectors, filaments, and others.
Regional Analysis
The region-specific analysis of the global long-chain polyamide market has been classified across five main regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific is likely to dominate the global long-chain polyamides with a 53.20% share of overall market revenue in 2019. The Asia-Pacific region is emerging as a global production hub for various automotive and industrial components owing to the growing requirement for consumer electronics and personal electronic devices.
Key Players
The key manufacturers of long-chain polyamide polymers include DuPont (US), Evonik Industries AG (Germany), EMS-Chemie Holding AG (Switzerland), Nylon Corporation of America, Inc. (NYCOA) (US) BASF SE (Germany), Arkema (France), DSM (The Netherlands), and Radici Group Spa (Italy) among others.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.