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The trends that have been shaping this sector have also been dynamic reflecting the changing landscape of polymer industry. Transparent Polyamides also known as Clear Nylon are high performance thermoplastics known for their unmatched clarity, mechanical strength and chemical resistance. One noticeable direction that it has taken is the use of clear nylon which stands for a demand by consumers who want materials that will not harm nature but still cover their needs concerning safety and quality. As public awareness about environmental issues rises, industries gradually adopt transparent polyamides as an alternative to regular plastics due its recyclability which can reduce pollution caused by single-use plastics.
Another important factor shaping this market is the automotive sector. Due to their need for lightweight materials that improve fuel efficiency while reducing emissions, automotive companies have adopted transparent polyamides in various applications within vehicles such as interiors parts, under-the-hood parts and external elements. The desire for greater innovation and efficiency in the automobile industry is likely to drive up the demand of transparent polyamide in future years.
Transparent Polyamide is increasing used in packaging industries. This material combines three indispensable characteristics – transparency, toughness & chemical resistance hence becomes ideal for packaging purposes.Transparent Polyamide is essential within packaging in food & beverages sectors because it allows them visibility of their products while keeping them safe and secure during transit .Consumer preference for clear and pure cases continues to support this development
Asia-Pacific region is another key destination point for those purchasing transparent polyamides.Increased industrialization coupled with growing automotive and packaging industries has led to increase in demand for the products. Regions such as China, Japan and India have registered significant uptake of transparent polyamides across various industries. The region’s well-established manufacturers’ supply chain and abundant raw materials stocks further reinforce this trend.
Moreover, technological advancement is a key driver in the transparent polyamides market. Research and development works are being undertaken with an aim of enhancing its properties so that it can be used across different sectors. Market growth will depend on features like; improved transparency, chemical compatibility and heat resistance.Castles made some innovations so that clear nylon can out strip other substances.
Positive trends notwithstanding, there are challenges within the market for clear nylon. Price fluctuations of raw materials and concerns on overall economic stability influence the dynamics of market. Another aspect is about competitive landscape which is going through transformation due entry of new players plus invention of alternative materials. To maintain competitiveness in the transparent polyamides sector, firms engage in strategic collaboration, mergers and acquisitions that strengthen their position in the market while increasing their portfolios.
Transparent Polyamides Market Highlights:
Transparent Polyamides Market Overview
The transparent polyamides market is expected to grow from USD 22.33 billion in 2019 to USD 29.89 Billion by 2028 at a CAGR of 3.10% during the forecast period 2021-2028. This growth is majorly due to the increasing demand for automotive and industrial departments in the market. The growth factor of the Transparent Polyamides market can be associated with the development and emergence of electronics by the strength and stiffness of the industry.
The major key factor for driving the Transparent Polyamides Market is due to the increasing number of transportation and consumers all over the world. Due to the disposable income of the maximum number of growing retailers and the producers, the construction activity has also been increasing and creating a good scope in the Transparent Polyamides Market. Apart from this, the growth in the coatings and electronics departments drives most of the population toward the market. The cost-effective and high proficient output is what runs the low-cost production and good output factors. Apart from this, the raw properties of the compound make it ideally the best choice for the electrical and electronic departments.
Key Players
- Evonik Industries AG (Germany)
- EMS-CHEMIE HOLDING AG (Switzerland)
- BASF SE (Germany)
- Arkema (France)
- DSM Engineering Plastics BV (the Netherlands)
- GEHR Plastics Inc (US)
- DuPont de Nemours Inc (US)
- LANXESS (Germany)
- Solvay (Belgium)
- INVISTA (US)
Global Transparent Polyamide Market Share, by End-Use Industry, 2018 (%) 
Source: MRFR Analysis
Regional Analysis
The global transparent polyamide market has been segmented into five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. In 2018, Asia-Pacific held the largest share of the global market on account of the growing automotive and electrical & electronics industries in the region. The automotive industry in the emerging economies of China, India, and Thailand are expected to be the major consumers of the transparent polyamides in the regional market in the years to follow. The consumer goods industry in the region is on a continuous rise in the past few years owing to the changing consumer preferences and increase in per-capita expenditure of the individuals in the developing economies in the region.
North America is expected to be the second-largest regional market, which is primarily attributed to the expanding healthcare and automotive industries in the region. The large-scale use of transparent polyamides in the manufacturing of automobile parts is expected to be the key factor favoring the regional market growth.
Market Segmentation
The global transparent polyamides market has been segmented on the basis of type, end-use industry, and region.
Based on type, the global transparent polyamides market has been classified into polyamide 6, polyamide 66, polyamide 12, bio-based polyamide, and others.
By end-use industry, the global transparent polyamide market has been divided into automotive, electrical & electronics, healthcare, consumer goods, packaging, sports & leisure, and others.
The global transparent polyamide market has been studied with respect to five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Recent Development
August 2022: The engineering thermoplastics portfolio of Polyplastics Co. Ltd. has been expanded, and the company’s material supply capacity has been increased at K 2022 exhibition in Düsseldorf, Germany.
In March 2022, TCPL Packaging Ltd doubled its flexible packaging plant capacity, which has now gone into commercial production. The company also increased offset capacity by adding a new production line at their Goa facility. Therefore, these expansions in capacities are thoughtfully made with a view to manage anticipated higher demand within industry players as well.
January 2022: At Sumitomo Chemical Co., Ltd.’s Ehime Works in Japan, additional production lines were constructed for cushioning films of SUMIKASUPERTM brand liquid crystal polymers (LCP). Completion of this capacity expansion was due in middle-2023 and would help towards increasing the overall output volume by about one-third.
In 2021, Toray Industries Inc introduced a new product called “Torspan,” which is an LCP film with excellent dimensional stability and thermal stability as well as chemical resistance, among others. As such, it can be used in several applications like flexible printed circuits (FPC), touch panels or automotive sensors.
In 2021 Celanese Corporation announced that it had entered into a joint venture agreement with Mitsui & Co., Ltd for expanding their LCP offerings. This joint venture, known as Celanese Mitsui Chemicals Engineered Materials LLC, is expected to make available advanced LCP grades for use by different industries, including vehicles manufacturing sector and aerospace as well as electronics.
Intended Audience
- Transparent polyamide manufacturers
- Traders and distributors of transparent polyamides
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
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