Polyamide 12, which is also called Nylon 12, is a thermoplastic polymer with the formula [(CH2)11C(O)NH]n. It is made from either - -amino lauric acid, each having 12 carbon atoms, hence the name polyamide 12. It shows superior performance characteristics such as excellent impact strength at high temperatures, lower moisture absorption, lower melting point, resistance to cracking under stress, superior abrasion resistance, excellent chemical resistance, higher elongation, lightweight, and noise & vibration dampening properties as compared to other polyamides.
MARKET DYNAMICS
The polyamide 12 market has witnessed significant growth due to the increasing demand in the automotive industry. Moreover, the growing adoption of polyamide 12 for manufacturing various consumer goods provide a huge market opportunity for the key players operating in the polyamide 12 market. However, the availability of substitutes at low cost is projected to hamper the overall growth of the polyamide 12 market.
MARKET SCOPE
The "Global Polyamide 12 Market Analysis to 2028? is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyamide 12 market with detailed market segmentation type, application, and geography. The global polyamide 12 market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyamide 12 market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyamide 12 market is segmented on the basis of type and application. On the basis of type, the global polyamide 12 market is divided into general grade, reinforced, plasticized and others. On the basis of application, the global polyamide 12 market is divided into automotive, consumer goods, oil & gas, industrial coating, electricals & electronics and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyamide 12 market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polyamide 12 market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyamide 12 market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyamide 12 market in these regions.
MARKET PLAYERS
The reports cover key developments in the polyamide 12 market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from polyamide 12 market is anticipated to lucrative growth opportunities in the future with the rising demand for polyamide 12 in the global market. Below mentioned is the list of few companies engaged in the polyamide 12 market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyamide 12 market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Arkema Group
- DowDuPont Inc.,
- EMS-Chemie Holding AG
- Ensinger GmbH
- Evonik Industries AG
- Invista
- RTP Company Inc.
- Techmer PM LLC
- Toray Industries Inc.
- UBE Industries Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.