North America Polyamide Market Size & Outlook, 2022-2030
North America polyamide market, 2018-2030 (US$M)
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North America polyamide market highlights
- The North America polyamide market generated a revenue of USD 5,011.9 million in 2022.
- The market is expected to grow at a CAGR of 3.1% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 5,011.9 million |
| Market revenue in 2030 | USD 6,402.0 million |
| Growth rate | 3.1% (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, North America region accounted for 19.5% 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 |
|---|
North America 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 45.24% in 2022. Horizon Databook has segmented the North America 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.
The polyamide industry in this region is primarily driven by the development in automobile. Increased application of engineering plastics in various industries such as automobile, electrical & electronics, packaging, and consumer goods & appliances, among others is boosting the demand for polyamide (PA) in North America.
Automobile emerged as the largest application segment in North America polyamide market. The presence of prominent automobile manufacturers such as Chrysler, Tesla, Ford, and Cadillac; proper infrastructure; and high disposable income are the major factors driving automobile industry in North America.
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Our clientele includes a mix of polyamide market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America polyamide market , including forecasts for subscribers. This continent databook contains high-level insights into North America polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America polyamide market size, by country, 2018-2030 (US$M)
North America Polyamide Market Outlook Share, 2022 & 2030 (US$M)
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