Europe Polyamide Market Size & Outlook, 2022-2030
Europe polyamide market, 2018-2030 (US$M)
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Europe polyamide market highlights
- The Europe polyamide market generated a revenue of USD 7,518.2 million in 2022.
- The market is expected to grow at a CAGR of 3% from 2023 to 2030.
- In terms of segment, automotive was the largest revenue generating end use in 2022.
- ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 7,518.2 million |
| Market revenue in 2030 | USD 9,492.7 million |
| Growth rate | 3% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| 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, Europe region accounted for 29.3% 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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Europe 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 44.43% in 2022. Horizon Databook has segmented the Europe 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.
Automobile emerged as the largest application segment in 2020. The presence of many well-known globally renowned automobile companies such as Fiat, BMW, Volkswagen, etc. and well-developed infrastructure is driving the automobile and auto components industry in Europe.
It is one of the most important sectors of European Union. Growth in the automobile sector and government focus to reduce the vehicular emission is creating more demand for lightweight plastics in the region.
Higher production rate along with lower manufacturing costs in Asia Pacific is a major challenge for the companies operating in Europe. Manufacturers shift toward Asia Pacific region owing to the presence of low-cost labor, and raw materials are projected to further develop the Europe polyamide at a relatively slower growth rate.
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Target buyers of Europe 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 Europe polyamide market , including forecasts for subscribers. This continent databook contains high-level insights into Europe polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe polyamide market size, by country, 2018-2030 (US$M)
Europe Polyamide Market Outlook Share, 2022 & 2030 (US$M)
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