Market revenue in 2022 | USD 1,316.7 million |
Market revenue in 2030 | USD 1,784.8 million |
Growth rate | 3.9% (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 |
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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.
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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