China Polyamide Market Size & Outlook, 2022-2030
China polyamide market, 2018-2030 (US$M)
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China polyamide market highlights
- The China polyamide market generated a revenue of USD 5,148.7 million in 2022 and is expected to reach USD 7,030.1 million by 2030.
- The China 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.
Polyamide market data book summary
| Market revenue in 2022 | USD 5,148.7 million |
| Market revenue in 2030 | USD 7,030.1 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | MEDICAL |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 20.1% of the global polyamide market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyamide market is projected to lead the regional market in terms of revenue in 2030.
- Indonesia is the fastest growing regional market in Asia Pacific and is projected to reach USD 338.2 million by 2030.
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Polyamide Market Scope
Polyamide Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 43.34% in 2022. Horizon Databook has segmented the China 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.
China dominated the Asia Pacific polyamide market, in terms of both revenue and volume, in 2020. The Chinese market is anticipated to witness growth over the forecast period owing to the rising demand for the product in applications including packaging, automotive, consumer goods & appliances, electrical & electronics, and textile among other applications.
Ascending demand for electric vehicles is expected to have a positive impact on the automotive industry. In addition, introduction of stringent regulations by the government of China regarding the weight, fuel efficiency, and noise control in vehicles, along with the promotion of alternative energy vehicles such as electric cars, is expected to boost the demand for the use of polyamide in automobiles.
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Target buyers of China 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 country-level data and insights on the China polyamide market , including forecasts for subscribers. This country databook contains high-level insights into China polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China polyamide market size, by end use, 2018-2030 (US$M)
China Polyamide Market Outlook Share, 2022 & 2030 (US$M)
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