High performance polyamides possess properties such as high dielectric strength, low shrinkage, high chemical resistance, high thermal stability, and greater design flexibility. The various types of high performance polyamides include PA 12, PA 11, PA 6T, and PPA. PA 12 is formed by the polymerisation of laurolactam, which is a ring-shaped, chain monomer that has 12 carbon atoms. It is mainly used for manufacturing packaging materials for the food industry and in making sterilized films and bags required in pharmaceutical applications. Additionally, PA11 is used in the automotive sector in applications including fuel lines, tubes for air conditioning fluids, and bonnet & rear box control cables. Some of the medical industry applications of PA11 include manufacturing of catheters, blood bags, and syringes.
PA6T is a heat resistant polyamide that possesses a high melting point used for the manufacturing of thermostat cases, hydraulic pistons, oil pump housing, and other automobile applications. Moreover, the use of polyphthalamides (PPA) in automobile engine parts such as air intake manifolds, exhaust manifolds, and bearing cages may increase the market demand for high performance polyamides. Properties such as less moisture sensitiveness and high strength of PPA used in manufacturing of engine parts, helps to improve engine performance. Therefore, the introduction of PPA in high performance polyamides is expected to drive the market growth. In densely populated countries such as India and China, the rising number of vehicles that include engine parts made of high performance polyamides will propel the market growth. Moreover, high performance polyamides are favourably used in the electronics sector for manufacturing of micro-speakers, connectors, camera modules and LEDs, micro-receivers, and micro-switches. The growing consumption of electronics such as mobile phones that are equipped with cameras, speakers & LEDs may further increase the market demand for high performance polyamides in electronics sector.
Transportation sector to a hold significant revenue share
In the transportation sector most of the vehicles used are nowadays made through utilising high performance polyamides in the manufacturing of air brakes, fuel lines,and rubber parts. Especially, BASF SE’s Ultramid PA has high mechanical strength making the product suitable for use in the manufacturing of wide range of machine elements and high grade electrical insulations. Manufacturers are focusing on selling the products such as electronic parts (automobiles) on online stores in order to increase their customer base. This would help to increase the market growth for high performance polyamides in the transportation sector.
Asia Pacific to remain incumbent status in the global market
Asia Pacific high performance polyamides market is expected to rise at a high growth rate, due to its penetration in automotive production. The increasing demand for consumer safety and low cost high efficiency materials in automobiles in turn are likely to boost high performance polyamide consumption over the forecast period. Additionally, expanding population has propelled the requirements for high performance materials such as polyamides, especially in medical sector. Products such as syringes, catheters, & other fluid delivery systems may increase the demand for high performance polyamides in the medical sector. Moreover, in developed regions such as North America the use of high performance polyamides in military applications such as carbon fibers is expected to drive the market growth for high performance polyamides in the future. In Middle East & Africa growing manufacturing of food packaging materials is expected to propel the market demand for high performance polyamides in the future. In Central & South America the oil & gas sector and its utilization of “Vestamid NRG” high performance polyamide material used in pipes that are used in gas transfer is expected to increase the market consumption for high performance polyamides.
Key Market Players
• Evonik Industries AG
• Domo Chemicals
• DuPont de Nemours, Inc
• Solvay S.A
• Kuraray Co., Ltd.
• Eurostar Engineering Plastics
• Arkema SA
• Mitsui Chemicals, Inc
• Royal DSM N.V.
• BASF SE
Market Segments: High Performance Polyamides Market
- By Type
- PA 12
- PA 11
- PA 6T
- Others (PA 10, PA9T)
- By Application
- Oil & gas
- Consumer goods
- Electrical & electronics
- By Region
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa
- South Africa
- Rest of Middle East & Africa
- Central & South America
- Rest of Central & South America
- North America
• Industry Associations
• Company Annual Reports
• Company Websites
• Key industry leaders
Key Questions Answered
• What are the key growth regions and countries?
• What are the important types and applications being used?
• What are the market players doing in terms of research and development?
• Which are the new applications for this market?
• What are the integrations happening?
• What is the recent news, developments, mergers, or large value deals?
• Where will the industry go in the long run?
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