Tuesday, 02 January 2024 12:17 GMT

Polyamide Industry Research 2025: Industry To Reach $53.62 Billion At 4.5% CAGR Driven By Automotive Demand And Urbanization


(MENAFN- GlobeNewsWire - Nasdaq) The global polyamide market is poised to expand from USD 42.97 billion in 2025 to USD 53.62 billion by 2030, at a 4.5% CAGR. This growth is driven by increased demand from the booming automotive industry, which seeks lightweight and durable materials like polyamides for enhanced fuel efficiency. Notably, the polyamide 66 segment holds significant potential due to its mechanical strength and thermal resistance, particularly in automotive and electronics. Europe, supported by a strong industrial base, is expected to be a key regional player. Major companies like BASF and Envalior are leading growth through strategic expansions and partnerships. The report offers comprehensive insights into market dynamics, including drivers, opportunities, and competitive strategies.

Dublin, Oct. 02, 2025 (GLOBE NEWSWIRE) -- The "Polyamide Market by Type (Polyamide 6, Polyamide 66, Bio-Based & Specialty Polyamide), Application (Engineering Plastics (Automotive, Electrical & Electronics, Wire & Cable) and Fiber (Textile, Industrial, Carpet)), and Region - Global Forecast to 2030" has been added to ResearchAndMarkets's offering.

The global polyamide market is poised for significant growth, projected to expand from USD 42.97 billion in 2025 to USD 53.62 billion by 2030, marking a CAGR of 4.5%

This expansion is largely attributed to the burgeoning automotive industry, stimulated by rapid urbanization and a rising global population. Automotive manufacturers are increasingly adopting lightweight, durable, and heat-resistant materials to enhance fuel efficiency, a trend that is set to elevate polyamide consumption globally.

The polyamide market continues to diversify with new products, unexplored regions, and dynamic growth strategies of industry leaders, shaping its trajectory towards sustainable growth.

Market Segmentation by Type and Application:

The polyamide 66 segment is anticipated to secure the second-largest market share in value terms during the forecast period. Its superior mechanical strength, thermal resistance, and wear properties make it indispensable, particularly in the automotive and electrical & electronics sectors where performance and heat resistance are paramount. The demand for polyamide 66 is spurred by the need for lightweight, high-performance materials in engine components and other critical automotive parts.

By application, the fiber segment is expected to hold the second-largest share, both in value and volume. Polyamide fibers, especially nylon, are highly regarded for their strength, elasticity, abrasion resistance, and lightweight nature. Their application spans from textiles and apparel to industrial uses such as tire cords and ropes, fueled by consumer demand for durable and performance-oriented fabrics.

Regional Insights:

Europe is projected to account for the second-largest share of the polyamide market during the forecast period. Countries such as Germany, France, and the UK lead this growth, driven by advancements in specialty and bio-based polyamides. The robust industrial base supports extensive demand across automotive, electrical & electronics, and textile industries. Innovations in processing techniques like injection molding and fiber extrusion further broaden polyamide applications, aligning with Europe's focus on efficiency and environmental compliance.

Research Coverage and Strategic Insights:

The report delivers a comprehensive analysis of the polyamide market segmented by type, application, and region. It offers insights into key factors such as market drivers (including the automotive industry's expansion and the rise of electric vehicles), opportunities (like investments in bio-based polyamides), as well as challenges (such as raw material price fluctuations). The report profiles prominent polyamide manufacturers, analyzing their market share and strategies closely, thus providing stakeholders with crucial information to sharpen their competitive edge and formulate effective go-to-market plans.

Reasons to Purchase the Report:

  • Gain estimates of revenue figures in the polyamide market and its segments.
  • Understand the market's competitive landscape and acquire insights to bolster business strategies.
  • Explore technological advancements, research, and development activities in the polyamide market.
  • Identify lucrative markets and upcoming opportunities for investment.
  • Assess the offerings and growth strategies of leading market players.

Key Attributes:

Report Attribute Details
No. of Pages 255
Forecast Period 2025 - 2030
Estimated Market Value in 2025 42.97 Billion
Forecasted Market Value by 2030 53.62 Billion
Compound Annual Growth Rate 4.5%
Regions Covered Global


Market Dynamics

Drivers

  • Growing Demand in Automotive Sector for Weight Reduction and Improved Stability
  • Growing Demand for Electrical & Electronic Appliances

Challenges

  • Availability of Various Substitutes

Opportunities

  • Investments and R&D in Bio-based Polyamides

Challenges

  • Fluctuating Raw Material Prices
  • Environmental Risks Associated with Use of Plastics

Company Profiles

  • Invista
  • Basf
  • Ascend Performance Materials
  • Envalior
  • Lealea Enterprise Co. Ltd.
  • Evonik Industries AG
  • Arkema
  • Celanese Corporation
  • Domo Chemicals
  • Ems-Chemie Holding AG
  • Asahi Kasei Corporation
  • Sabic
  • Kuraray Co. Ltd.
  • Toray Industries, Inc.
  • Ube Corporation
  • Fcfc
  • Advansix
  • Huntsman International LLC
  • Mitsubishi Chemical Group
  • Radici Partecipazioni Spa
  • Toyobo Mc Corporation
  • Grodno Azot
  • Rtp Company
  • Xiamen Keyuan Plastic Co. Ltd.

For more information about this report visit

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  • Polyamide Market
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