High performance polyamides are injection-molded into parts of different shapes that are used in various applications. It offers high tensile strength and excellent resistance to high temperatures. High performance polyamides has high thermal stability, greater chemical resistance, high dielectric strength, low shrinkage, and greater design flexibility, are used in a wide range of end-use industries such as transportation, medical, electrical and electronics, industrial. In addition, it possess good chemical resistance, thermal and electrical resistance, and minimal moisture absorption properties, which makes them highly efficient in medical applications such as surgical equipment, diagnostics, and dental.
High Performance Polyamides Market: Key Players
The research study includes profiles of leading companies operating in the global High Performance Polyamides market. Key players profiled in the report include: Arkema S.A., BASF SE, DuPont, Evonik Industries AG, DSM, Solvay, Toray Industries Inc., Kuraray Co.Ltd, Lanxess, Radici Group SpA, and Others.
Drivers for the Global High Performance Polyamides Market:
Increasing applications for high-performance polymers, increasing demand from the automobile industry, and increasing usage of polyamide 11 and polyamide 9T due to its superior thermal conductivity property these are the major driving factor for the global high performance polyamides market.
Opportunities for the Global High Performance Polyamides Market:
Similarly, rapid advancements in thermoplastics polymer, coupled with high adoption of high-performance polyamides by automotive manufacturers, flourishing electronic sector in developed and developing countries, rising demand for advanced electronic devices, and manufacturers approach towards integration of high-performance polyamides creates the huge opportunity for the global high performance polyamides market in upcoming years.
Restrains for the Global High Performance Polyamides Market:
But, on another side, some factors such as high cost, the threat from substitutes, and the impact of COVID-19 on supply chain hinder the overall growth of the global high performance polyamides market.
Region Wise, Global High Performance Polyamides Market Analysis:
Report covers the region wise analysis, global high performance polyamides can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, Asia Pacific leads the global high performance polyamides share due to the highly developed automobile sector in China, Korea, Japan, and India, coupled with the continuous investments done in the region along with that, high-performance polymers are being used in electronics sector in this region. Asia Pacific region is followed by North America and Europe.
Covid-19: Impact and Recovery Analysis for Global High Performance Polyamides Market:
The world is greatly affected by the uncertain raise of the covid-19 Pandemic among the population. The Corona virus outbreak has disrupted & disturbed every sector of business as well as human activity. In most parts of the world there has been a complete restriction set by governments regarding various activities and in turn this is greatly affecting the financial stability of industries like: High Performance Polyamides market globally. Because of coronavirus disease (COVID-19) impact on globe it is expected to significantly affect the high performance polyamides market in the near future. The COVID-19 pandemic creates negative impact on the globally integrated industries such as automotive by hampering the supply chain. It is also; affect manufacture, distribution, and supply of high performance polyamides in the near future. To recover from this situation every manufacturers are trying to restart their production process and along with that, taking care of their worker health and safety.
Global High Performance Polyamides Market: Product analysis
- Polyamide 11 (PA 11)
- Polyamide (PA 12)
- Polyamide 9T (PA 9T)
- Polyacrylamide (PARA)
- Polyphthalamide (PPA)
- Polyamide 46 (PA 46)
Global High Performance Polyamides Market: Application analysis
- Electrical & Electronics
Global High Performance Polyamides Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East