North America Specialty Polyamides Market Size & Outlook
North America specialty polyamides market, 2018-2030 (US$M)
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North America specialty polyamides market highlights
- The North America specialty polyamides market generated a revenue of USD 605.2 million in 2022.
- The market is expected to grow at a CAGR of 6.8% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 605.2 million |
| Market revenue in 2030 | USD 1,023.1 million |
| Growth rate | 6.8% (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, North America region accounted for 23.7% 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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North America 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 47.12% in 2022. Horizon Databook has segmented the North America 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 increasing demand for specialty polyamides in North America has made the region a major consumer of the product. The spur in demand for this product in the automotive and electronics industries has propelled market growth in the region.
Auto manufacturers are making efforts to cut down vehicular emissions by utilizing lightweight materials to reduce vehicle weight. Additionally, electric vehicles are increasingly being adopted to control emissions.
Presently, vehicle emissions are managed by the federal government formulating regulations and national legislation. The initiatives laid down by the U.S. Environmental Protection Agency are inclusive of emission standards for engines & vehicles as well as greenhouse gasses, which are in accordance with the federal rulemaking process.
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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 North America specialty polyamides market , including forecasts for subscribers. This continent databook contains high-level insights into North America specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America specialty polyamides market size, by country, 2018-2030 (US$M)
North America Specialty Polyamides Market Outlook Share, 2022 & 2030 (US$M)
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