Dallas, TX -- (ReleaseWire) -- 03/24/2014 -- RnRMarketResearch.com adds “Bio-Polyamide, Specialty Polyamide & Precursors Market by Type (PA 6, PA 66, PA 10, PA 11, PA 12 & Others), by Precursor (CPL, ADA & HDMA), by Material (Fiber & Plastics) & Application (Textile, Automotive, E&E & Others) – Global Trends & Forecasts to 2019" report to its research database.
The report covers the important global polyamide markets, such as polyamide 6, polyamide 66, polyamide 10, polyamide 11, polyamide 13, and others. It further divides the market on the basis of materials, applications, geography, and its precursors. The market data for these types is given with respect to volume (thousand tons) and value ($Million). The market value of polyamide was estimated to be $29,454.9 million in 2012 and is projected to grow with a CAGR of about 5.5% from 2014 to 2019. The data mentioned in the report are based on the global demand for the polyamide.
The total market for global polyamide has been analyzed based on the Porter’s five forces model. This gives an idea about the current proceedings in the industry at the commercial level. The study provides the value chain analysis with respect to polyamide raw materials, manufacturers, and end uses. The value chain describes the key contributors to the materials market at different stages from product development to end use. It represents the top players which are contributing to the global polyamide industry.
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The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report. This gives an idea about the key drivers such as automotive industry – weight reduction in vehicles, growth in electrical & electronics applications, growth of emerging economies; and restraints such as moisture absorption resulting in degradation of properties, and current economic condition of Europe. The economic slowdown in Europe and U.S. also affected the economy of other developed countries that are of key importance for the commercial success of new materials and its end-user market.
The global polyamide market is also classified based on different applications. The important applications include textiles, industrial, and carpet filament, staple fiber automotive, film & coating, industrial/machinery, electrical & electronics, consumer goods, appliances, wires & cables, and others. The automotive and consumer goods & appliances are expected to show rapid growth in the future.
The key companies in this market are BASF SE (Germany), Li Peng Enterprise Co. (China), Formosa Group (Taiwan), Honeywell International Inc. (U.S.), and Royal DSM N.V. (The Netherlands) are among the important manufacturers of polyamide 6; while Ascend Performance Materials Inc. (U.S.), Invista (U.S.), E. I. du Pont de Nemours and Company (U.S.), Solvay/Rhodia (France), Shenma Industrial Co. Ltd. (China), BASF SE (Germany), Radici Group (Italy), and others are the most active and major players of the polyamide 66 market. These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. Investments in R&D, followed by expansions were the most preferred strategies by the top players in the year 2012 that are driving the demand of polyamide. Their strategy to capture the market in developing economies includes expansions and agreements.
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The Asia-Pacific region emerged to be the driving factor for this market, contributing for about 41% of the global demand in terms of consumption in 2012. China is the leading country in the consumption of polyamide , due to the increased demand from the automotive and packaging industries. The important emerging economies such as Brazil, India, Russia, etc. are further lined up for a brighter future in this market.
The report also presents a competitive landscape covering different strategies and developments such as mergers & acquisitions, expansions, and agreements undertaken by the leading polyamide companies in the past few years. Furthermore, different polyamide market participants are also profiled in the report.
Scope of the report
The report segments the global polyamide market as:
The global polyamide market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.
On the basis of types:
- Polyamide 6
- Polyamide 66
- Polyamide 10
- Polyamide 11
- Polyamide 12
On the basis of materials:
- Engineering plastics
On the basis of applications:
- Textile filament
- Industrial filament
- Carpet filament
- Staple fibers
- Film & coating
- Electrical & electronics
- Consumer goods
- Wires & cables
On the basis of geography:
- North America
On the basis of precursors:
- Caprolactam (CPL)
- Adipic Acid (APA)
- Hexamethylenediamine (HDMA)
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