Germany Polyamide Market Size & Outlook, 2022-2030
Germany polyamide market, 2018-2030 (US$M)
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Germany polyamide market highlights
- The Germany polyamide market generated a revenue of USD 2,769.8 million in 2022 and is expected to reach USD 3,633.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.5% 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.
Polyamide market data book summary
| Market revenue in 2022 | USD 2,769.8 million |
| Market revenue in 2030 | USD 3,633.7 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| 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, Germany accounted for 10.8% of the global polyamide market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany polyamide market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,633.7 million by 2030.
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Polyamide Market Scope
Polyamide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 45.01% in 2022. Horizon Databook has segmented the Germany 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.
Rising demand for sustainable packaging, majorly from the food & beverage industry, is fueling the consumption of bio-based polyamide in the country. Germany is the manufacturing hub of Europe and the largest manufacturer of automobiles in the region.
The demand for polyamide in the automotive sector is expected to be driven by properties such as excellent mechanical properties, wear resistance, lightweight and others. According to the International Organization of Motor Vehicle Manufacturers (IOCA) in 2020, the country produced over 3.7 million units of vehicles.
These factors are expected to contribute to the growth of polyamide market over the forecast period. In addition, ongoing transition to a sustainable energy system in the region is further fueling the demand for green buildings in Germany.
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Our clientele includes a mix of polyamide market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany polyamide market , including forecasts for subscribers. This country databook contains high-level insights into Germany polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany polyamide market size, by end use, 2018-2030 (US$M)
Germany Polyamide Market Outlook Share, 2022 & 2030 (US$M)
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