info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

The Rising Adoption of Light weight Components in the Automotive Industry is Expected to Drive the Long-chain Polyamide Market

Market Research Future (MRFR) will be publishing a cooked research report on the “Global Long-chain Polyamide Market” that contains the information from 2021-2027


MRFR recognizes the following companies as the key players in the long-chain polyamide market—DuPont (US), Evonik Industries AG (Germany), BASF SE (Germany), Arkema (France), DSM (The Netherlands), EMS-Chemie Holding AG (Switzerland), Nylon Corporation of America, Inc. (NYCOA) (US) and Radici Group Spa (Italy).


Market Highlights


Long-chain Polyamide Market is expected to surpass the market value of over USD 2969.34 million by the year 2027 while registering a CAGR of 5.38% during the forecast period (2021-2027).


Long-chain polyamides are polymers with repeating units linked together by amide bonds. These polymers exhibit excellent chemical resistance and dimensional stability and are widely used in the production of various automotive and industrial components.


Long-chain polyamides can withstand extremely high temperature and pneumatic pressure, thus driving their adoption in various automtotive components such as fuel lines, coolant hoses, and transmission oil & clutch fluid ducts. Additionally, the growing trend towards the production of lightweight, fuel-efficient vehicles is projected to further boost themarket growth in the upcoming period. Long-chain polyamides are progressively replacing metal in the production of various automotive components on account of their comparable strength, performance, durability,and relatively lighter weight. However, the growing adoption of electric vehicles is anticipated to have an adverse impact on the product demand over the forecast period.


Long-chain polyamide polymers demonstrate superior flexibility, high strength, and the ability to withstand high temperatures than traditional plastic materials such as polyvinylchloride (PVC). Thus they are progressively being adopted as a superior alternative to traditional plastics in the electrical and electronics industry. Additionally, widescale adoption of long-chain polyamides for producing housing for various consumer and personal eletcronics devices is expected to have a positive impact on the market growth in the upcoming period


Segment Analysis


The global long-chain polyamide market is segmented based on type, end-use industry by application, and region.


The global long-chain polyamide market based on type has been categorized into PA11, PA12, PA610, PA612, and Others. Each by type segment is further divided into endues industries, namely industrial, electrical & electronics, and automotive. Widespread adoption in various types of automotive components led the PA12 long-chain polyamide to emerge as the largesttype segmentin the global long-chain polyamide market in 2019. Moreover, PA12 is synthesized from bio-based raw materials such as castor oil. Thus, the growing trend toward the adoption of environmentally sustainableproducts is expected to provide a major boost to the segment growth over the forecast period.


Based on the end-use industry, the global long-chain polyamide market has been divided into automotive, electrical & electronics, industrial, and others. The automotive segment is further categorized into brake tubes, fuel lines, cluster tubes, electrical systems, and others. The electrical & electronics segment is subdivided into plug-in connectors, switchboards & housing, connection boxes, cable ducts, and others. The industrial segment is further fragmented into rollers, pulleys, conveyor systems, hoses & tubes, hoses & tubes connectors, filaments, and others.The automotivesegment accounted for nearly 37.10% of the overall market revenue in 2020. Wide range adoption of long-chain polyamides in the production of various automotive components such asfuel lines and transmission oil & clutch fluid ductswas the main factor responsible for segment growth.


Key Findings of the Study:



  • The global long-chain polyamidemarket was valued at USD 2,070.39 in 2019 and is expected to reach USD 2,969.34millionby 2027,with a CAGR of around 5.38%during the forecast period from 2021-2027

  • The Asia-Pacific region led the global long-chain polyamide market in 2019 and is expected to register a CAGR of 6.04% over the forecast period. Burgeoning demand for passenger cars and light commercial vehicles is anticipated to provide a major boost to regional product demand.

  • Numerous research activities are being conducted to explore the widescale production of long-chain polyamides from bio-based raw materials. Castor oil is one of the prominent examples of bio-based raw materialsfor the production oflong-chain polyamides. However, lower yields and labor-intensive production processes are major factors limiting the widescale adoptionof castor oil in the long-chain polyamides production process.

  • Major companies aremaking significant investments in improving the functional properties of long-chain polyamides and developing newer application areas. For instance, in February 2019, Evonik Industries launched a new polyamide powder for 3D printing applications in a higher temperature range. This product features high mechanical strength as well as excellent chemical and temperature resistance for use in the fast-growing 3D printing market.

  • In November 2020, Sculpteo, a fully owned subsidiary of BASF SE announced the lauch of four new bio-sourced 3D printing materials based on Nylon PA11.The new materials, namely Ultrasint PA11, Ultrasint PA11 ESD, Ultrasint PA11 CF, and PA11 MJF are derived from renewable castor oil and exhibit high chemical resistance, elongation, and durability properties.


Read More Related Article -Long-chain Polyamide Market

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Base Year 2019
Companies Covered 15
Pages 370
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.