Asia Pacific Specialty Polyamides Market Size & Outlook
Asia Pacific specialty polyamides market, 2018-2030 (US$M)
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Asia Pacific specialty polyamides market highlights
- The Asia Pacific specialty polyamides market generated a revenue of USD 1,097.2 million in 2022.
- The market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, high temperature polyamides was the largest revenue generating product in 2022.
- Long Chain Nylons is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,097.2 million |
| Market revenue in 2030 | USD 1,948.1 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | High temperature polyamides |
| Fastest growing segment | Long Chain Nylons |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Long Chain Nylons, High Temperature Polyamides, MXD6/PARA |
| Key market players worldwide | Evonik Industries AG, Arkema SA, Basf SE, Dow Inc, Koninklijke DSM NV, Asahi Kasei Corp, LG Chem, INVISTA, Solvay SA, Radici Group, Ems-Chemie Holding AG, Ube Corp, Kuraray Co Ltd, Mitsubishi Gas Chemical Co Inc, Toyobo Co Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 43.0% of the global specialty polyamides 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 1,948.1 million by 2030.
Key Regions: Japan , U.S. , China , India , South Korea
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Specialty Polyamides Market Scope
Specialty Polyamides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific specialty polyamides 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 specialty polyamides market will help companies and investors design strategic landscapes.
High temperature polyamides was the largest segment with a revenue share of 46.6% in 2022. Horizon Databook has segmented the Asia Pacific specialty polyamides market based on long chain nylons, high temperature polyamides, mxd6/para covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific specialty market is expected to grow at the fastest CAGR over the forecast period. The availability of low-cost raw materials & labor and increased spending power are the major factors driving the growth of the Specialty Polyamides market in this region.
In addition, the huge untapped market and supportive government policies are attracting global manufacturers to set up their Specialty Polyamides manufacturing and distribution facilities in this region.
Asia Pacific is expected to register the fastest growth rate owing to the rising per capita income in emerging economies, the expanding middle-class population, and the improving standard of living. The rapidly developing automotive manufacturing industry is also supplementing the demand for Specialty Polyamides in the regional market.
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Target buyers of Asia Pacific specialty polyamides market databook
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Our clientele includes a mix of specialty polyamides 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 Asia Pacific specialty polyamides market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific specialty polyamides market size, by country, 2018-2030 (US$M)
Asia Pacific Specialty Polyamides Market Outlook Share, 2022 & 2030 (US$M)
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