Europe Specialty Polyamides Market Size & Outlook
Europe specialty polyamides market, 2018-2030 (US$M)
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Europe specialty polyamides market highlights
- The Europe specialty polyamides market generated a revenue of USD 452.3 million in 2022.
- The market is expected to grow at a CAGR of 6.3% 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 452.3 million |
| Market revenue in 2030 | USD 735.2 million |
| Growth rate | 6.3% (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, Europe region accounted for 17.7% 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.
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Specialty Polyamides Market Scope
Specialty Polyamides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 48.11% in 2022. Horizon Databook has segmented the Europe 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.
Europe is one of the leading manufacturers of automobiles and is expected to continue its dominance in the sector over the forecast period. The rising demand for lightweight electric & hybrid vehicles, along with the presence of major automotive manufacturers, including AUDI AG, BMW AG, Mercedes-Benz AG, and Porsche Austria GmbH & Co., in the region is projected to result in the expansion of the automotive industry.
This, in turn, is expected to drive the demand for Specialty Polyamides in the automotive industry over the forecast period. Automotive manufacturers in Europe are adopting 3D printing technology as it reduces the cost of manufacturing and helps achieve economies of scale in machinery parts production.
Polyamide 12 enables the production of bio-compatible, high-strength, and thermal-resistant automotive prototypes using 3D printing technology, including High-Speed Sintering (HSS) and Selective Laser Sintering (SLS) technology. The increasing adoption of 3D printing technology in Europe is expected to drive the demand for polyamide 12 over the forecast period.
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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 Europe specialty polyamides market , including forecasts for subscribers. This continent databook contains high-level insights into Europe specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe specialty polyamides market size, by country, 2018-2030 (US$M)
Europe Specialty Polyamides Market Outlook Share, 2022 & 2030 (US$M)
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