North America specialty polyamides market report gives a comprehensive outlook on specialty polyamides market across the region with special emphasis on key countries of North America such as U.S and Canada. The report on North America 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 North America 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.
North America specialty polyamides market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed North America specialty Polyamides market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the North America specialty Polyamides market report include suppliers, manufacturers, marketers, policymakers, and agronomists engaged in North America specialty Polyamides market activities.
North America Specialty Polyamides Market:
The North America specialty polyamides market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Market for North America 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.
U.S, Accounts for Major Revenue Share for North America Specialty Polyamides Market
North America specialty polyamides market report analyses the market in different countries of North America. U.S is expected to dominate the major revenue share in North America specialty polyamides market due to healthy rise in the demand for specialty polyamides over the forecast period. There has been a significant upswing in the demand for the product from the automotive and electronics industry in the last few years. Efforts are being taken by auto manufacturers to cut down vehicular emissions by implementing lightweight materials to reduce the curb weight of vehicle.
Key players profiled in the North America 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
North America 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:
North America 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 North America 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