Asia Pacific specialty polyamides market report gives comprehensive outlook on specialty polyamides market across the region with special emphasis on key countries of Asia Pacific such as China, Japan, India, ASEAN, and Rest of Asia Pacific. The report on Asia Pacific specialty polyamides market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application type and countries. This report studies Asia Pacific specialty polyamides market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Asia Pacific specialty polyamides market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition.
Asia Pacific specialty Polyamides market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the Asia Pacific specialty Polyamides market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in Asia Pacific specialty Polyamides market activities.
Asia Pacific Specialty Polyamides Market:
The Asia Pacific specialty polyamides market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Market for Asia Pacific specialty polyamides projected to reach US$ XX Mn by 2025 due to increased ecological benefits.
Development and Launch of New Specialty Polyamides
Development and launch of innovative specialty polyamides by the market players enables surge in the specialty polyamides market demand over the forecast years. For instance. In 2018, BASF SE launched the new specialty polyamides which has a wide range of application. Moreover, Launch of newer products in various countries enables the growth of specialty polyamides market over the forecast years.
Automotive and Transportation Segment Expected to Dominate the Market
Based on application, the market is segmented into automotive, electrical & electronics, consumer products, building & construction, healthcare & medical, oil & gas and energy, and others. Automotive & transportation emerged as the leading application segment with demand share exceeding XX% in 2015. Increasing demand for light weight vehicles on account of existing and proposed stringent governmental regulations regarding automotive pollution along with growing need for fuel-efficient vehicles is expected to drive this segment over the forecast period.
China, Accounts for Major Revenue Share for Asia Pacific Specialty Polyamides Market
Asia Pacific specialty polyamides market report analyses the market in different countries of Asia Pacific. China accounted for major revenue share in the Asia Pacific specialty polyamides market due to availability of low-cost raw materials and labor and rising spending. The region is poised to rise at the highest CAGR in terms of both volume and revenue during the forecast period.
Key players profiled in the Asia Pacific specialty polyamides market include:
- Evonik Industries AG
- Arkema S.A.
- BASF SE
- DowDuPont, Inc.
- Koninklijke DSM N.V.
- Asahi Kasei Corporation
- LG Chem; INVISTA
- Solvay America, Inc
- Radici Partecipazioni Spa
Asia Pacific specialty polyamides market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions and launching of new products. For instance, in October 11, 2017- BASF SE, the Germany based chemical giant, has developed new semi-transparent product portfolio of polyamide 6 and 66 grade product range called Ultramid. It is the plastics are resistant to heat aging up to 220 C and show excellent burst pressure and weld strength.
Key Findings of the Report:
Asia Pacific specialty polyamides market expanding at significant CAGR over 2019 to 2025 to reach market value of US$ XX Mn by 2025 owing to increase launch of newer products.
Based on application type, automotive segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
Players focusing on mergers and acquisitions strategies to retain market position in Asia Pacific specialty Polyamides market
Key Features of the Report:
- The report provides granular level information about the market size, country market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
By Type of Product
- Polyamide 6/10
- Polyamide 6/12
- Polyamide 4/6
- Polyamide 10
- Polyamide 11
- Polyamide 12
- Electrical & Electronics
- Consumer Products
- Building & Construction
- Healthcare & Medical
- Oil & Gas and Energy
- Rest of Asia Pacific