Revenue, 2022 (US$M)
$1,316.7
Forecast, 2030 (US$M)
$1,784.8
CAGR, 2023 - 2030
3.9%
Report Coverage
India

India polyamide market highlights

  • The India polyamide market generated a revenue of USD 1,316.7 million in 2022 and is expected to reach USD 1,784.8 million by 2030.
  • The India market is expected to grow at a CAGR of 3.9% 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 2022USD 1,316.7 million
Market revenue in 2030USD 1,784.8 million
Growth rate3.9% (CAGR from 2022 to 2030)
Largest segmentAutomotive
Fastest growing segmentMEDICAL
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES
Key market players worldwideBasf 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, India accounted for 5.1% 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 Companies

Name Profile # Employees HQ Website

India 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 43.3% in 2022. Horizon Databook has segmented the India 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.


Increasing consumption of apparel, and increasing foreign investments are some of the major socioeconomic factors that are likely to support the market growth in the country. Moreover, rising demand for the product from the electrical & electronics, consumer goods & appliances, packaging, textiles, and automotive application is anticipated to fuel the demand for the product in the country.

Automotive is largest demand contributor of polyamide in the country. Growing electrification trends in car is creating demand for insulating and covering materials, which in turn increases the polyamide demand.

Excellent strength and formability of polyamide allow automakers to manufacture the vehicle much lighter and safer. Growth in hybrid and future electric vehicles is another major diver for product application in automotive sector.

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Target buyers of India polyamide market databook

  • Our clientele includes a mix of polyamide market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 India polyamide market , including forecasts for subscribers. This country databook contains high-level insights into India polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India polyamide market size, by end use, 2018-2030 (US$M)

India Polyamide Market Outlook Share, 2022 & 2030 (US$M)

India polyamide market size, by end use, 2018-2030 (US$M)

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