Key Market Participants Profiled in the Global Speciality Polyamides Market Research Report by Kenneth Research include, Evonik Industries AG, Arkema, BASF SE, DuPont, DSM, Asahi Kasei Corporation, LG Chem, INVISTA, Solvay, Huntsman International LLC., and others.
New York, Aug. 30, 2022 (GLOBE NEWSWIRE) -- For the forecast period, 2022-2031, Kenneth Research has released a thorough market study on the “Global Speciality Polyamides Market” that covers the following elements:
Market growth over the forecast period
Key market players and their detailed profiling
Global Speciality Polyamides Market Size:
The global speciality polyamides market is predicted to gather USD 3 billion in revenue by 2031 and to grow at a CAGR of ~6% over the forecast period. The usage of polyamides as a replacement for silk and cotton in the textile sector is one of the factors contributing to the expansion of the market. For instance, based on the International Cotton Advisory Committee (ICAC) statistics, the world’s cotton production dropped from 27 million metric tons in 2020. Additionally, the silk output decreased globally as well, from more than 1,77,500 metric tons in 2017 to about 90,000 metric tons in 2020.
Global Speciality Polyamides Market: Key Takeaways
Asia Pacific region gains the largest portion of the revenue
Electrical and electronics segment to influence the revenue graph
Polyamide 6/10 segment to retain a sizeable presence in the market
Get a Sample PDF of This Report @ https://www.kennethresearch.com/sample-request-10070757
Widespread Applications and Expanding Trade to Propel the Market Growth
While still providing toughness and protection, polyamides are more flexible and lightweight than metal. The solution provided by polyamide is excellent. It is a mainstay in product manufacturing and in a variety of industries on account of its convenience, dependability, and cost-effectiveness. The conduits of industrial cable protection systems, as well as fitting and connectors, typically employ polyamide technology. The global cable network is the route for up to 98% of all digital communications, thereby supporting the global digital economy. With over USD 10.5 trillion in financial transactions conducted daily via these cables, undersea cables serve as the foundation of the world economy. Globally, there are more than 450 active cables that cover at least 1.2 million kilometers.
Furthermore, synthetic polyamides are frequently utilized in carpets, apparel, kitchenware, automotive industry, packing section in the food and beverage industry, and textile industry. Polyamides find tremendous application in the automotive industry as they are used in engine covers, airbag containers, valve covers, as well as fuel caps, and wheel covers among others. Benefits such as cost and functional efficiency of polyamides that also fortify fuel efficiency in vehicles are triggering mass scale adoption of polyamides in the automotive industry. In addition, the global importing value for polyamides in primary forms had significant growth in 2021. In 2020, the global importing value for polyamides in primary form was USD 9,361,556 thousand which got raised to USD 14,169,602 thousand in 2021 with an annual growth value of 52% during 2020-2021. The demand for polyamides and market expansion are projected to result from the enormous growth of the trade.
Browse to access In-depth research report on Global Speciality Polyamides Market with detailed charts and figures: https://www.kennethresearch.com/report-details/speciality-polyamides-market/10070757
Global Speciality Polyamides Market: Regional Overview
The global speciality polyamides market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.
Rising Demand for the Polyamides in the Automotive Industry to Drive the Market in the Asia Pacific Region
On the basis of the rising demand for environmentally friendly automobiles, the market in the Asia Pacific region is anticipated to have considerable expansion over the forecast period. For instance, the number of electric cars and trucks on the road climbed to 7 million in 2020 which was over 1 million four years back. Additionally, it is expected that the growth of the automobile industry in the region and increased access to cheap labor and raw materials to propel the market. As per recent statistics China produced the most automobiles in 2021 with over 24,090,210 units approximately.
Growing Demand for Environmentally Friendly Vehicles to Propel the Market in the North American Region.
On the other hand, on the strength of rising environmental consciousness, and demand for environmentally friendly vehicles, North America is predicted to have significant growth throughout the projection period. For instance, according to International Energy Agency (IEA) statistics, the United States maintained its position as the 3rd largest electric auto market in the world in 2020 with 295,000 registrations and a 2% sales share. The increasing rate of the automobile sector is expected to raise the demand for speciality polyamides and further growth of the market in the region.
Get a Sample PDF of Global Speciality Polyamides Market @ https://www.kennethresearch.com/sample-request-10070757
The study further incorporates Y-O-Y growth, demand & supply and forecast future opportunity in:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe)
Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait. Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa).
Global Speciality Polyamides Market, Segmentation by Application
Owing to the widespread usage of polyamides in electronic equipment, the electrical and electronics segment is predicted to hold the largest share among these over the forecast period. Furthermore, components are getting shorter in these electronic devices which disperse heat highly. The production of semiconductors, IT solution services, cell phones, and other products is also expanding. Over 45% of people in the world have a smartphone as of 2020. As a result, these elements are raising the demand for thermally conductive plastics. Additionally, of 2022, there were almost 3,950 consumer electronics manufacturing companies worldwide. The expansion of the segment is anticipated to be accelerated by the rising number of electronic manufacturing businesses and electronic devices. For instance, the electronic and IT industries grow their combined global production by around 2% in 2020.
Access full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.kennethresearch.com/sample-request-10070757
Global Speciality Polyamides Market, Segmentation by Type
Polyamide 6/10 has a major share in the market during the forecast period as it has a reduced moisture uptake. It is more durable than other polyamide types. It withstands major solvents and weak mineral acids with relative ease. Additionally, it is resistant to the cracking effects of salts such as zinc chloride under environmental stress. Numerous products such as zip fasteners, electrical insulators, precision parts, and brush filaments use these compounds. Furthermore, the global export value for electrical insulators rose to USD 7,075,797 thousand in 2021 from USD 6,043,566 thousand in 2020 with an annual growth value of 17% during 2020-2021. The expansion of the trade and usage in numerous applications drive up the demand for the material and accelerate the expansion of the segment.
A few of the well-known market leaders in the global speciality polyamides market that are profiled by Kenneth Research are Evonik Industries AG, Arkema, BASF SE, DuPont, DSM, Asahi Kasei Corporation, LG Chem, INVISTA, Solvay, Huntsman International LLC., and others.
Enquiry before Buying This Report @ https://www.kennethresearch.com/sample-request-10070757
Recent Developments in Global Speciality Polyamides Market
In March 2020: To diversify its offering of speciality chemicals, Huntsman International LLC purchased CVC Thermoset Specialities, a manufacturer of speciality chemicals in North America.
January 2020: In order to increase their polyamide capabilities with cutting-edge and well-known products to deliver superior engineering plastics solutions, BASF SE purchased Solvay’s polyamide (PA 6.6) business.
Polyolefin Elastomers and Plastomers Market Segmentation by End User (Automotive, Packaging, Wires & Cables, and Others); and by Distribution Channel (Direct Sales, Retail Sales, and Others)-Global Demand Analysis & Opportunity Outlook 2021-2031
Ethylene Vinyl Acetate (EVA) Resins & Films Market Segmentation by Application [Food & Beverage Packing, Hot Melt Adhesives, Wires & Cables, Foams, Inks, Bitumen Additives & Asphalt Modifiers, Pharmaceutical, EVA Film {Solar Cell Encapsulation (Thin-Film, and Crystalline Solar Cells), Glass Lamination, Agriculture, and Others}, and Others]-Global Demand Analysis & Opportunity Outlook 2021-2031
Sodium Silicate Market Segmentation by Form (Crystalline and Anhydrous); by Type (Liquid and Solid); by Grade (Neutral and Alkaline); by Application (Adhesives, Detergents, Paints, Catalysts, Refractories, Tube Winding, and Others); by End-User (Automotives, Pulp & Paper, Construction, and Others)-Global Demand Analysis and Opportunity Outlook 2031
Solution Styrene Butadiene Rubber (S-SBR) Market Segmentation by Type (Passenger Car, 2W/3W, Light Commercial Vehicle, and Medium & Heavy Commercial Vehicle); by Application (Automotive Tires, Polymer Modification, Footwear, Adhesives, and Others)-Global Demand Analysis & Opportunity Outlook 2031
Printing Inks Market Segmentation by Printing Process (Lithographic Printing, Flexographic Printing, Digital Printing, Gravure Printing, and Others); by Application (Packaging, Publication and Commercial Printing, and Decorative Printing); by Product Type (Solvent Based, Oil Based, Water Based, and UV-Cured Inks)-Global Demand Analysis & Opportunity Outlook 2031
Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Web: https://www.kennethresearch.com/
The major stock market indexes relinquished morning gains in afternoon trading on Friday, dropping to lows for the day. Market players hit the exits on news that Russia will suspend natural gas pipeline shipments to Germany. The Nasdaq changed course, now down 0.5%. The S&P 500 has shed 0.2% while the Dow Jones Industrial Average has dropped 0.2%. The Russell...
Follow Buffett’s lead. And collect big dividends too.
In this article, we will discuss some of the best stocks to buy according to Dave Smith, Chief Investment Officer at investment management company Rockland Trust. If you want to explore similar stocks, you can also look at Long-Term Analyst: Buy These 5 Stocks. David Smith has been in the financial services industry for over […]
Cathie Wood's ARK Invest cut its stake in Nvidia ahead of the graphic chipmaker's results last month. Now it's snapped up the stock which has dropped to a 52-week low.
Donald Trump wanted to disrupt the hegemony of the Silicon Valley giants. Things don't seem to be going the way the former president wanted.
KeyBanc Capital Markets Equity Research Analyst John Vinh joins Yahoo Finance Live to discuss Broadcom earnings, chip stocks, supply chain issues, U.S. government banning the export of chips to China, and the outlook for the space.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to announce the appointment of Michelle Borthwick to the position of Corporate Secretary.
Orchid Island Capital Corp. (NYSE: ORC) is a finance company that acquires, invests in and offers financing from U.S. residential mortgage-backed securities (MBS). The Florida mortgage real estate investment trust (REIT) initiated an IPO in March 2013 at a price of $14.50. Its monthly dividend of $0.135 returned an approximate annual yield of 11%. However, in the last few years, the stock price has floundered, and ORC has reduced its dividend payment several times. Orchid’s price had recently be
(Bloomberg) -- Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm. Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesGazprom Won’t Reopen Gas Pipeline in Energy Shock to EuropeStocks Suffer Third Weekly Loss on Rate-Hike Woes: Markets WrapLukoil Chairman Ravil Maganov Dies After Falling From
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. Relatively few advisers are focusing on this outcome — at least among the more than 100 I regularly monitor.
Ready to go bottom fishing again? Any good angler can tell you that there’s plenty of good eating just waiting at the bottom of the creek, or the pond, or the lake. The same concept also holds for stocks – investors can always find some quality equities down at the market bottoms. Stocks get down there for a multitude of reasons, and the reasons aren’t always related to any fundamental flaw in the company or its share trading policies. Sometimes, it’s some idiosyncratic business move, or over-re
In this article, we will take a look at the 10 tech stocks recently downgraded by analysts. If you want to see some other tech stocks receiving updated recommendations from analysts, go directly to Analysts are Downgrading These 5 Tech Stocks. Notable stocks from the tech sector, including HP Inc. (NYSE:HPQ), NVIDIA Corporation (NASDAQ:NVDA) and […]
Yahoo Finance's Ines Ferré discusses how stocks are performing into the closing bell.
The S&P 500 broke below 4,000 this week, for the first time since the end of July. It has investors wondering: Does this mark the low point of a roller coaster ride? Stocks rose all last year, fell from January to June, rallied from July to mid-August, and now are falling again. According to Wells Fargo strategist Paul Christopher, it’s evidence that the stock rally is sputtering to a halt. Christopher writes that “Cracks in financial market liquidity are appearing,” and says of the S&P 500, “3,
Exploration and production businesses are witnessing big gains from a healthy crude price trajectory. Thus, Diamondback (FANG), Pioneer (PXD) & Matador (MTDR) are poised to benefit.
Hotels were a great buy during COVID-19. Now that growth story is over, and I've bought shares of a fast-grower in South America.
Aurora Cannabis, Canopy Growth, OrganiGram Holdings, and Tilray Brands are all in the red yet again today.
SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with stylish, long-range models, Hyundai Motor and Kia are the automakers with the most to lose from new rules that halt subsidies for EVs made outside North America. These two companies, which make the popular Ioniq 5 and EV6 models, sold more than 39,000 EVs in the United States between January and July – doubling last year's sales and blowing past Ford Motor Co, Volkswagen AG and General Motors Co. But the Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai Motor Co and its affiliate Kia Corp from federal tax credits because they don't yet make EVs in North America, knocking their EV ambitions in the short term at least, a Hyundai official, parts suppliers, analysts and car dealers said.
Fast-growing cybersecurity company CrowdStrike (NASDAQ: CRWD) reported strong fiscal second-quarter results earlier this week. Its fiscal second-quarter revenue and adjusted earnings per share both came in higher than analysts' consensus forecasts, as annual recurring revenue soared 59% year over year, surpassing $2 billion for the first time. While it's true that CrowdStrike's business has been firing on all cylinders, there has been significant pressure on growth stocks in 2022 as investors appear to be more sensitive to valuation risk.
Starbucks Corp. (Nasdaq: SBUX) has chosen its replacement for interim CEO Howard Schultz, the company announced Thursday. Laxman Narasimhan, 55, CEO of the British conglomerate Reckitt Benckiser, is set to join the company in October and take the lead executive role in the spring, after getting up to speed. Previously, he has worked as PepsiCo Inc.'s global chief commercial officer and as a managing partner at global consulting firm McKinsey & Co. “We were looking for somebody that was a true servant leader that had a deep sense of humility,” Schultz told The New York Times.