Overview
Market analysts have been monitoring the Polyamide 12 Market is projected to be worth USD 498.3 Million by 2030, registering a CAGR of 6.7% during the forecast period (2021 - 2030). The market research report on polyamide 12 market provides an inclusive analysis of the global polyamide 12 market size and performance forecast, latest trends, major factors behind market growth, threats and challenges, as well as key player analysis covering major companies active in the market. The polyamide 12 market report offers detailed analysis of the prevalent trends in the global market, and it also covers factors that influence market growth positively or negatively. The global polyamide 12 market is driven by growing use of carbon-fiber-reinforced polyamide 12 in and growing investment.
Competitive Landscape
The polyamide 12 market research was conducted using primary and secondary information collected from participants in the global market. In addition to a comprehensive analysis of the major companies active in the market, the polyamide 12 market report also provides in-depth analysis of the market landscape. The polyamide 12 market report by expert analysts presents an in-depth overview of the global market based on analysis of data collected from multiple sources. The report also covers parameters such as pricing, profit, competition, and growth strategies. The market report presents market details by identifying the major factors which could either support the market growth or hold it back. The data made available is comprehensive, actionable, reliable, as it comes from extensive research. The polyamide 12 market research report also provides complete competitive analysis and an in-depth company profiling with qualitative and quantitative research to accurately predict market growth.
Key Vendor
- Evonik Industries AG (Germany)
- Toray Industries Inc (Japan)
- EMS-Chemie Holding AG (Switzerland)
- Merck KGaA (Germany)
- RTP Company (US)
- DowDuPont (US)
- Arkema SA (France)
Market Segmentation
The global polyamide 12 market has been segmented based on type and applications. On the basis of type, the market for specialty polyamides market is segmented based on plasticized, reinforced, general grade, and others. Additionally, the market on the basis of applications is segmented into consumer goods, automotive, electricals electronics, industrial coating, oil gas, and others.
A lot of factors including increasing demand in the automotive industry, adoption of polyamide 12 for manufacturing various consumer goods contribute to the polyamide 12 market growth seen across different market segments. The factors have been analyzed thoroughly as they have a huge impact on the performance of polyamide 12 market directly and indirectly. Additionally, the report also provides detailed analysis of sub-segments to help assist companies active in the global polyamide 12 market.
Regional Overview
The global market for polyamide 12 has been segmented based on key regions. These regions play an important role in the growth of the market as major companies are active in various industries that help the market for polyamide 12 grow. Also, the regions covered in the report are subdivided into county-level markets. An in -depth analysis of these segments is presented in the report. The data provided in the polyamide 12 market report will help new entrants and established businesses in the polyamide 12 market plan new strategies, make investment decisions, learn about competitiveness of the market, and plan products and services based on polyamide 12 market performance.
The key regions covered in the report are Europe, APAC (Asia-Pacific), North America, and the rest of the world. The regional markets mentioned above are categorized into subsegments. In North America, the polyamide 12 market is spread across the United States, Mexico and Canada and is seeing positive growth. And in the polyamide 12 market of Europe, Germany, UK, Italy, Spain, France, and the rest of Europe are the major markets for polyamide 12. Other key polyamide 12 markets are the Middle East, Latin America, and Africa.
Industry News
China Risun Group Ltd. has confirmed its plans for further business expansion in the polyamide 12 market. The company has acquired Hongye Chemical Enterprise to further take advantage of the current polyamide 12 market conditions as well as grow with the help of already available resources. The acquisition will help these organizations focus on new innovative projects in the industrial chemical market as well as support their existing growth plans.
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