Taiwan Specialty Polyamides Market Size & Outlook
Taiwan specialty polyamides market, 2018-2030 (US$M)
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Taiwan specialty polyamides market highlights
- The Taiwan specialty polyamides market generated a revenue of USD 95.4 million in 2022 and is expected to reach USD 178.6 million by 2030.
- The Taiwan market is expected to grow at a CAGR of 8.2% from 2023 to 2030.
- In terms of segment, long chain nylons 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 95.4 million |
| Market revenue in 2030 | USD 178.6 million |
| Growth rate | 8.2% (CAGR from 2022 to 2030) |
| Largest segment | Long chain nylons |
| 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, Taiwan accounted for 3.7% 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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Taiwan 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.
Long chain nylons was the largest segment with a revenue share of 46.33% in 2022. Horizon Databook has segmented the Taiwan 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.
A well-established supply chain of electronic components in Taiwan has been driving the Specialty Polyamides market for the past few years and this trend is anticipated to continue over the forecast period.
The electric vehicles industry in Taiwan started with sourcing parts and components from Tesla, Inc., an American automotive manufacturer, for its first commercial vehicle. The rising demand for EVs in the global market is projected to fuel the consumption of Specialty Polyamides over the forecast period.
Furthermore, the electronics manufacturing industry has been one of the primary strengths of the Taiwanese economy for the past few years, while Japan has been the benchmark in terms of R&D, manufacturing, and marketing of electronic products in Asia Pacific.
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Horizon Databook provides a detailed overview of country-level data and insights on the Taiwan specialty polyamides market , including forecasts for subscribers. This country databook contains high-level insights into Taiwan specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Taiwan specialty polyamides market size, by product, 2018-2030 (US$M)
Taiwan Specialty Polyamides Market Outlook Share, 2022 & 2030 (US$M)
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