Asia Pacific Polyamide Market Size & Outlook, 2022-2030
Asia Pacific polyamide market, 2018-2030 (US$M)
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Asia Pacific polyamide market highlights
- The Asia Pacific polyamide market generated a revenue of USD 11,013.7 million in 2022.
- The market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, automotive was the largest revenue generating end use in 2022.
- MEDICAL is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Indonesia is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 11,013.7 million |
| Market revenue in 2030 | USD 15,016.1 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | MEDICAL |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, AdvanSix Inc, Ube Corp, Toray Industries Inc, Ashley Services Group Ltd DR, Toyobo Co Ltd, Lanxess AG, Huntsman Corp, Goodfellow Inc, Domo Chemicals, Ascend Performance Materials |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.9% of the global polyamide market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,016.1 million by 2030.
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Polyamide Market Scope
Polyamide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific polyamide market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyamide market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 43.52% in 2022. Horizon Databook has segmented the Asia Pacific polyamide market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
In 2020, Asia Pacific, led by China, in terms of both volume and revenue. Asia Pacific is characterized by easy availability of raw materials and low labor costs. Polyamide is gaining attention from electrical & electronics manufacturers as plastic parts are more compact and can be easily integrated with other components, thus simplifying the design procedure.
Various government initiatives such as providing subsidies, tax cuts, and increasing the FDI limit, intended toward developing the manufacturing sector, are attracting major global players to expand their operations in the region. Asia Pacific is the largest producer of automobiles, consumer goods, and packaging materials, thereby paving a way for polyamide market in the region.
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Target buyers of Asia Pacific polyamide market databook
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Our clientele includes a mix of polyamide market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific polyamide market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific polyamide market size, by country, 2018-2030 (US$M)
Asia Pacific Polyamide Market Outlook Share, 2022 & 2030 (US$M)
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