Hong Kong Specialty Polyamides Market Size & Outlook
Hong Kong specialty polyamides market, 2018-2030 (US$M)
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Hong Kong specialty polyamides market highlights
- The Hong Kong specialty polyamides market generated a revenue of USD 79.7 million in 2022 and is expected to reach USD 137.9 million by 2030.
- The Hong Kong market is expected to grow at a CAGR of 7.1% 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.
Specialty polyamides market data book summary
| Market revenue in 2022 | USD 79.7 million |
| Market revenue in 2030 | USD 137.9 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | High temperature polyamides |
| Fastest growing segment | Long Chain Nylons |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Hong Kong accounted for 3.1% of the global specialty polyamides market in 2022.
- 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 |
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Hong Kong 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 46.42% in 2022. Horizon Databook has segmented the Hong Kong 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 automotive industry in Hong Kong is expected to witness a positive outlook in the coming years owing to the presence of key automotive as well as automotive component manufacturers. Shanghai Volkswagen Automotive Co., Faw-aw Automotive Co., Ltd., and Shanghai General Motors Co., Ltd. are among the major automotive players in Hong Kong.
Automotive companies in the country are more prominently involved in the production of automotive parts such as engine cooling solutions, motion solutions, micro-motors, and suspension systems. In addition, these companies are also engaged in other automotive services, including the production of car body electronics and providing auto information system solutions.
The rising need for transportation and logistics in the country is expected to drive the specialty polyamides market. Specialty Polyamides are widely used in engine components, fuel systems, electrical & electronics components, thus further boosting their market demand over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Hong Kong specialty polyamides market , including forecasts for subscribers. This country databook contains high-level insights into Hong Kong specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Hong Kong specialty polyamides market size, by product, 2018-2030 (US$M)
Hong Kong Specialty Polyamides Market Outlook Share, 2022 & 2030 (US$M)
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