A recent report published by
Infinium Global Research on the polyamide resins market provides an in-depth analysis
of segments and sub-segments in the global as well as regional polyamide resins
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional polyamide resins market over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global polyamide resins market. According
to the report, the global polyamide resins market is projected to grow at a
CAGR of 5.8% over the forecast period of 2019-2025.
Polyamide resins are
high-molecular-weight polymers with amide linkages along the molecular chain.
The growing use of polyamide resins in various end segment applications propels
the market growth. The key players operating in the global polyamide resins
market are adopting strategies such as mergers, acquisitions, and new product
launches that maximize their market share.
Polyamide resins are widely used
in the electrical and electronics industry for coating purpose promotes the
growth of polyamide resins market. The versatility of the flexographic printing
market stimulates the growth of the polyamide resins market. The increasing
demand for polyamide resins from inks, paints, and coating, the automotive
industry drives the growth of the polyamide resins market. The surge in the use
of polyamide resins in automobiles for surface coating and adhesive based
applications contributes to the growth of the polyamide resins market. In
addition, the rise in the use of polyamide resins in vehicles for weight
reduction boosts the growth of the polyamide resins market. On the other side,
stringent environmental regulations on polyamide resins hinder the growth of
the polyamide resins market. Moreover, the trending lifestyle propels product
demand in the fiber and textile industry that creates numerous opportunities
for the growth of the polyamide resins market.
Based on geography, the global
polyamide resins market is classified into North America, Asia-Pacific, Europe,
and the Rest of the World. Asia-Pacific region is anticipated to hold a premium
share in the global polyamide resins market. The rising chemical and automotive
industry in the Asia-Pacific region drives the growth of the polyamide resins
market in the Asia-Pacific region. North America is expected to grow in the
global polyamide resins market with a healthy CAGR over the forecast period.
Europe is showing growth in the global polyamide resins market.
The report on the global polyamide
resins market covers segments such as type, form, and end-use sector. On the
basis of type, the sub-markets include dimer acid-based polyamide resins, and
polyamide-epichlorohydrin resins. On the basis of form, the sub-markets include
pellets, and liquids. On the basis of the end-use sector, the sub-markets include
ink and printing, paints and coating, automotive, fiber and textile, electrical
and electronics, and other end-use sectors.
The report provides profiles of
the companies in the market such as Mitsubishi Chemical Holdings Corporation,
Merck KGaA, Toyobo Co., Ltd., The Ensinger Group, RI Chemical Corporation, MPD
Industries Pvt. Ltd., The Dow Chemical Company, Solvay S.A., Thomas Swan &
Co., Ltd., Arizona Chemical Ltd., and other companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the market
using analytical tools such as Porter's five forces analysis and DRO analysis
of the polyamide resins market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.