The global Polyamide Plastic Market size is expected to reach USD 752.16 Billion in 2028 and register a revenue CAGR of 3.3% during the forecast period. Increase in demand for plastic from automotive, construction and electronics is driving the market revenue growth.
Increasing population, rapid urbanization and industrialization are driving plastics market revenue growth. The major reason for high demand for plastics is the fact that they help make lives easier, cleaner, and safe. There are various advantages associated with plastics like low-cost, imperviousness to water, and ease of manufacturing, which have resulted in their widespread use in industries such as construction and automotive industry. Increase in demand for plastic packaging solutions to protect the products is driving market revenue growth.
Top Companies Operating in the Global Polyamide Plastic Market:
Arkema, BASF SE, SABIC, Eastman Chemical Company, DowDuPont, Evonik Industries, Celanese Corporation, Sumitomo Chemicals, Lotte Chemical Corporation, and Chevron Phillips Chemical Co. LLC.
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
Development of engineered plastics has become more durable and robust, which has increased demand for product. They offer better mechanical and thermal properties and are much lighter and cost-effective. These plastics finds its applications in construction, automotive, and machinery.
Various initiatives taken by the market players are supporting the growth of the market. One such initiative is the initiation of new projects. For instance, SABIC, announced new projects in Asia and the Netherlands, in February 2018. The focus of this initiative was to expand the company's global capacity for two high-performance engineering thermoplastic materials, Noryl and Ultem resins.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Polyamide Plastic Market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Polyamide Plastic Market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Polyamide Plastic Market key players
3.2 Global Plastic size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Polyamide Plastic Market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Polyamide Plastic Market Segmentation
By Product Type Outlook:
- Polyethylene
- Polypropylene
- Polyurethane
- Polycarbonate
- Acrylonitrile Butadiene Styrene (ABS)
- Polyphenylene Oxide
- Polyvinyl chloride
- Polyethylene terephthalate
- Polybutylene terephthalate
- Liquid crystal polymers
- Epoxy polymers
- Polyamide
- Polysulfone
- PEEK
- PPSU
- Others
By Application Outlook:
- Bottled Water
- Sheet Film
- Food Packaging
- Non-Food Packaging
- Carbonated Soft Drinks
- Others
By Degradability Outlook:
- Non-biodegradable conventional plastics
- Biodegradable plastics
By End-Use Outlook:
- Packaging
- Agriculture
- Consumer Goods
- Medical Devices
- Automotive
- Furniture and Bedding
- Construction
- Others
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