The Asia Pacific Polyamide market demand stood at 2550 thousand tonnes in 2022 and is expected to grow at a CAGR of 5.10% during the forecast period until 2034. On the basis of type, Polyamide market is segmented into Polyamide 6, Polyamide 6,6, and Others. Among these, Polyamide 6 holds the largest market share.
Polyamide, commonly referred to as nylon, stands as a versatile polymer with a broad range of applications across various industries. In textiles, polyamide is extensively utilized for crafting fabrics, garments, hosiery, and sportswear due to its remarkable durability, elasticity, and resistance to wear. Within the automotive sector, polyamide emerges as a favoured material for manufacturing diverse components, thanks to its superior strength, impact resistance, and capacity to endure high temperatures. In the domain of engineering plastics, nylon 6 and nylon 66, both derived from polyamide, play a pivotal role in producing sturdy items like mechanical parts, electrical components, and consumer goods. Moreover, polyamide finds utility in the packaging industry, where its robustness and barrier properties make it suitable for food packaging applications, ensuring extended shelf life and product freshness. In electronics, polyamide is preferred for its electrical insulation properties, making it an ideal choice for crafting connectors and insulators. Additionally, polyamide is prevalent in the manufacturing of sporting goods like ropes and nets, leveraging its lightweight nature and high tensile strength.
The expanding automotive sector, particularly in regions like China and India, is a significant driver behind the increased demand for polyamide in the Asia Pacific region. This demand is fuelled by polyamides' lightweight properties, contributing to fuel efficiency, along with their high strength and heat resistance, making them ideal for automotive applications. Moreover, polyamides, notably nylon, play a vital role in the textile industry, driving market demand across the region. Additionally, polyamides are finding growing use across diverse sectors, including electrical and electronics for insulation and connectors, packaging for food packaging and films, and consumer goods such as sporting equipment and household appliances. China leads as the world's largest producer and consumer of polyamides, with other major players like India, Japan, and South Korea also boasting significant production capacities to meet regional demand. As industries increasingly demand advanced materials, there is a growing need for high-performance polyamide grades with enhanced properties like flame retardancy and chemical resistance. Moreover, the industry is placing a strong emphasis on sustainability, with initiatives focused on recycling existing polyamide materials, developing bio-based alternatives, and implementing cleaner production processes to address environmental concerns. The size of the Asia Pacific Polyamide market is estimated to reach a volume of 4425 thousand tonnes by 2034.
Based on region, the Asia Pacific is the leading consumer of the global Polyamide market. Based on the region, the APAC Polyamide market is divided into India, Indonesia, China, Thailand, Malaysia, Japan, South Korea, Philippines and Rest of APAC. China is the top consumer of polyamide all across Asia.
Based on the end-user industry, the Asia Pacific Polyamide market is segmented into Automotive, Electricals & Electronics, Textiles, General Industries, and Others. The Automotive Industry dominates the Polyamide market. The Textiles sector is yet another impressive application.
Major players in the production of Asia Pacific Polyamide are Asahi Kasei, Sarla Performance Fibers Ltd. (SPFL), Fujian Shenyuan new materials co. ltd, Hangzhou Hangding Nylon, Chain Yarn, Fujian Jinjiang Technology, Changle Hengshen Synthetic, Gujarat State Fertilizer & Chemicals Limited, LIBOLON, Dow Chemical, Li Peng Enterprise, Jiangsu Haiyang Chemical Fibres Co., Ltd, AdvanSix, DSM, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Polyamide which covers production, demand and supply of Polyamide market in the globe.
• To analyse and forecast the market size of Polyamide
• To classify and forecast Asia Pacific Polyamide market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Polyamide market in the globe.
To extract data for Asia Pacific Polyamide market, primary research surveys were conducted with Polyamide manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Asia Pacific Polyamide market over the coming years.
ChemAnalyst calculated Acetone demand across the Asia Pacific region by analysing the volume of Polyamide consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Polyamide manufacturers and other stakeholders
• Organizations, forums and alliances related to Polyamide distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Polyamide manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Asia Pacific Polyamide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
2550 thousand tonnes
Market size Volume by 2034
4425 thousand tonnes
Growth Rate
CAGR of 5.10% from 2024 to 2034
Base year
2023
Estimated year
2024
Historical Data
2015 – 2022
Forecast period
2024 – 2034
Quantitative units
Demand in thousand tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by Type, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Automotive, Electricals & Electronics, Textiles, General Industries, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
India, Indonesia, China, Thailand, Malaysia, Japan, South Korea, Philippines and Rest of APAC
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Market Data & Insights
Table of Content
1.Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Polyamide market in terms of value and volume.
2.Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Polyamide.
3.Capacity By Location
To better understand the regional supply of Polyamide by analyzing its manufacturers' location-based capacity.
4.Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5.Production By Company [Quarterly Update]
Study the historical annual production of Polyamide by the leading players and forecast how it will grow in the coming years.
6.Demand by Type
Learn about the various types of Polyamide: Polyamide 6, Polyamide 6,6, and Others, and their demands. It will allow you to choose which Type to concentrate on when designing your strategy.
7.Demand by End- Use [Quarterly Update]
Discover which end-user industry (Automotive, Electricals & Electronics, Textiles, General Industries, and Others) are creating a market and the forecast for the growth of the Polyamide market.
8.Demand by Region
Analyzing the change in demand of Polyamide in different regions, i.e., India, Indonesia, China, Thailand, Malaysia, Japan, South Korea, Philippines and Rest of APAC, that can direct you in mapping the regional demand.
9.Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Polyamide. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
10.Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Polyamide.
11.Company Share
Figure out what proportion of the market share of Polyamide is currently held by leading players across the globe.
12.Manufacturing Process
Discover insights into the intricate manufacturing process of Polyamide.
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of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was Asia Pacific market size of Polyamide in terms of volume in 2023?
Ans:
The Asia Pacific market size of Polyamide has grown significantly and reached approximately 2550 thousand tonnes in 2023.
Q2.
Which industry is leading as the leading end-use industry of Polyamide?
Ans:
Automotive industry is the leading end-use industry of Polyamide.
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