UK Polyamide Market Size & Outlook, 2022-2030
UK polyamide market, 2018-2030 (US$M)
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UK polyamide market highlights
- The UK polyamide market generated a revenue of USD 1,219.4 million in 2022 and is expected to reach USD 1,486.1 million by 2030.
- The UK market is expected to grow at a CAGR of 2.5% 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 1,219.4 million |
| Market revenue in 2030 | USD 1,486.1 million |
| Growth rate | 2.5% (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, UK accounted for 4.8% 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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UK 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 43.97% in 2022. Horizon Databook has segmented the UK 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.
Textile industry in the UK is anticipated to create significant demand for polyamide over the forecast period. The UK is one of the major textile markets in the European region. According to the UK Fashion and Textile Association, the country exports textiles worth over USD 11.77 billion every year.
Since the outbreak of COVID-19, retailers have lost significant amount of business due to disruptions in supply from China and are now turning back to the British manufacturers. This is further anticipated to propel the growth of the textile industry in the UK.
The UK is among the largest producer of high end/premium cars globally. Automobile and electrical & electronics manufacturers are focusing on developing products with reduced size and improved features. Improvement in functionality along with the reduction in size is demanding strong materials like polyamide with sufficient electromechanical resistance.
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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 country-level data and insights on the UK polyamide market , including forecasts for subscribers. This country databook contains high-level insights into UK polyamide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK polyamide market size, by end use, 2018-2030 (US$M)
UK Polyamide Market Outlook Share, 2022 & 2030 (US$M)
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