The global polyamide resins market is expected to generate revenue of around US$ 6.7 billion by 2032, compared to US$ 4.6 billion -dollars in 2022, with a CAGR of 3.5% over the forecast period (2022-2032).
The replacement of polyamide resins with conventional resins and the increasing popularity of bio-based polyamide resins are playing a crucial role in drive demand for polyamide resins. Also, due to the increasing adoption of recycled polyamide resins, sales of polyamide resins increased sharply during the forecast period.
Polyamide resins are a type of micro-molecular polycondesed compound, which prepared by the vegetable oil at the presence of unsaturated fatty acid dimer and polyamine. Polyamide resins have active groups, hydroxyl groups, and amide.
Primarily, it acts as curing agent and plasticizer for epoxy resine due to having a wide range of properties such as – flexibility, water resistance, wear resistance, corrosion resistance, better insulation and adhesion properties, etc. The polyamide resins are available in pellets as well as liquid form.
To Get a Sample Copy of the Report Visit @
https://www.futuremarketinsights.com/reports/sample/rep-gb-9607
On the basis of its functional group, polyamide resins have two types which are – dimer acid–based (DAB) polyamide resins and polyamide-epichlorohydrin resins. Polyamide resins have a wide range of application across numerous end-use industries such as automotive, chemical, fiber, textile, electronics and electrical, inks, and among others
Global Polyamide Resins Market: Market Dynamic
The versatility of the flexographic printing market is a key factor which fuels the growth of the global polyamide resins market. In spite of e-books and internet having increased tremendously from last decade, the demand for magazines, newspapers, books, is also growing on a sound rate.
The demand from paper print sector will in turn fuel the global polyamide resins market growth. Additionally, polyamide resins demand is also expected to be augment form its use as a paper based packaging material whose end usage has rapidly grown in the recent times.
Polyamide resins have superior properties such as it provides the high clarity to the printing. Owing to this, polyamide resins mostly preferable in the flexographic printing inks. Other advantages associated with polyamide resins are –
it enhances gel recovery, has effective anti-blocking properties, water resistance properties, ester resistance properties, etc. All aforementioned advantages further drive the global polyamide resins market over the forecast period i.e. 2019-2029.
However, the stringent environmental regulations on polyamide resins will hamper the global polyamide resins market growth. For instance, polyamide resins listed under the various regulations such as –
Toxic Substances Control Act (USA), Domestic Substances List (Canada), The Philippine Inventory of Chemicals and Chemical Substances (Philippine), Australian Inventory of Chemical Substances (Australia), Existing and New Chemical Substances (Japan), and China’s chemical inventory of existing chemical substances, etc.
Global Polyamide Resins Market: Industry Participants
The global polyamide resins market is a highly fragmented market owing to the presence of small as well as international market players at the regional level.
Contact Sales for Further Assistance in Purchasing this Report@
https://www.futuremarketinsights.com/checkout/9607
Few of them are identified across the value chain of polyamide resins market which is –
Solvay SA, Toyobo Co., Ltd., Mitsubishi Chemical holdings, The Ensinger Group, Merck KGaA, RI Chemical Corporation, Gabriel, MPD Industries Pvt. Limited, Arizona Chemical, The Dow Chemical Company, AnqingHongyu Chemical Co., Ltd, Jinan Tongfa Resin Co., Ltd., RITEKS, Cytech Coatings Private Limited, Thomas Swan & Co. Ltd., and among others
The global polyamide resins research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Global Polyamide resins market also contains projections using a suitable set of assumptions and methodologies.
The research report on global Polyamide resins market provides analysis and information according to market segments such as geographies, application, and industry.
Global Polyamide Resins Market: Segmentation
The global polyamide resins market can be segmented on the basis of product type, product form, end-use industry, and regions. On the basis of product type, global polyamide resins market can be segmented as mentioned below:
- Dimer Acid–Based (DAB) Polyamide Resins
- Polyamide-epichlorohydrin Resins
On the basis of product forms, global polyamide resins market can be segmented as mentioned below:
- Pellets
- Liquids
On the basis of end-use industry, global polyamide resins market can be segmented as mentioned below:
- Inks, Paints & coating
- Automotive
- Chemical
- Fiber and Textile
- Electrical & Electronics
- Others
Before Buying, Visit for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-9607
Global Polyamide Resins Market: Regional Outlook
Geographically, Europe is anticipated to be a significant platform for polyamide resins manufactures as it accounts around 60% market in term of label manufacturing which consumes ink in a huge volume.
Further, Asia Pacific is expected to witness the maximum growth in term of polyamide resins primarily due to the growth in the automotive and chemical industry in the developing economies such as India and China.
The demand for polyamide resins expected to upsurge in developing economies due to increasing disposable incomes, changing lifestyle which has increased the usage of packed food in these countries, growing retail industry, etc. Furthermore, North America and Middle East & Africa expected to grow at a moderate growth rate towards the end of the forecast period
Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials Domain
Polyamide Intermediate Chemicals Market: Polyamide intermediates are thermoplastic silky material, which is also known as nylon. It is available in fibrous state as well as in plastics. The polyamide intermediates are used for an array of applications, which includes fabrics, tires, and carpets among others.
Nylon-6 Market: The market is likely to hold a value of US$ 14,679 Million in 2022. A growing concern about the environment as well as the demand for nylon-6 in the emerging textile market will make nylon-6 a more attractive product in the market.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials
LinkedIn| Twitter| Blogs
