China Specialty Polyamides Market Size & Outlook
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China specialty polyamides market highlights
- The China specialty polyamides market generated a revenue of USD 387.2 million in 2023 and is expected to reach USD 656.3 million by 2030.
- The China market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, high temperature polyamides was the largest revenue generating product in 2023.
- Long Chain Nylons is the most lucrative product segment registering the fastest growth during the forecast period.
Specialty polyamides market data book summary
| Market revenue in 2023 | USD 387.2 million |
| Market revenue in 2030 | USD 656.3 million |
| Growth rate | 7.9% (CAGR from 2024 to 2030) |
| Largest segment | High temperature polyamides |
| Fastest growing segment | Long Chain Nylons |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, China accounted for 14.3% of the global specialty polyamides market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China specialty polyamides market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 267.2 million by 2030.
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Specialty Polyamides Market Scope
Specialty Polyamides Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Radici Group | View profile | 1001-5000 | Gandino, Lombardia, Italy, Europe | https://www.radicigroup.com/ |
| INVISTA | View profile | 10001+ | Wichita, Kansas, United States, North America | http://www.invista.com/ |
| Ems-Chemie Holding AG | View profile | 2736 | Via Innovativa 1, Domat/Ems, Switzerland, 7013 | https://www.ems-group.com |
| Mitsubishi Gas Chemical Co Inc | View profile | 10050 | 5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8324 | http://www.mgc.co.jp |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Ube Corp | View profile | 8019 | Seavans North Building, 1-2-1, Shibaura, Minato-Ku, Tokyo, Japan, 105-8449 | https://www.ube.co.jp |
| Toyobo Co Ltd | View profile | 12460 | 2-8, Dojima Hama 2-chome, Kita-ku, Osaka, Japan, 530-8230 | http://www.toyobo.co.jp |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
China 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 49.92% in 2023. Horizon Databook has segmented the China 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.
China is the largest producer of automobiles and a prominent player in the electrical & electronic components market owing to the presence of leading manufacturers such as Dongfeng Motor Company, Great Wall Motors, Xiaomi Corporation, Hisense Co., Ltd., and Sumitomo Electric Industries, Ltd.
Increasing investments by major automotive manufacturers in the country have also led to the growing production of various types of vehicles, including Light Commercial Vehicles (LCVs), Heavy Commercial Vehicle (HCVs), and passenger cars.
According to the International Trade Administration, China is the largest e-commerce market worldwide, accounting for about 50% of the global transactions as of 2023. With the growing e-commerce market, the demand for consumer goods is expected to witness substantial growth, thus propelling the Specialty Polyamides market.
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Horizon Databook provides a detailed overview of country-level data and insights on the China specialty polyamides market , including forecasts for subscribers. This country databook contains high-level insights into China specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China specialty polyamides market size, by product, 2018-2030 (US$M)
China Specialty Polyamides Market Outlook Share, 2023 & 2030 (US$M)
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