This research report titled ‘Global Polyamide Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The global PA market has stabilized since its inception into the field of polymers. The global market for PA is expected to grow both in terms of production and construction during the forecast period. Although fibers occupy a majority share in the global PA market, PA resins are anticipated to bring further growth by providing newer technical and technological solutions.
Technavio’s analysts categorize the global polyamide market into four major segments by end user. They are:
- Electrical and electronics
Global PA market by packaging sector
The packaging sector is highly dependent on PAs for flexible packaging applications, especially for the food sector. They are used in the form of films or film layers. In the packaging sector, PAs offer good transparency, barrier to gases and flavors, and other mechanical properties. PA for packaging is available in multiple grades that can be used either for film extrusion or extrusion coating lines.
Most of the existing players in the packaging sector consider PA, particularly PA 6, as an ideal component for manufacturing packages. The combination of barrier properties and mechanical strength makes it ideal for packaging applications. However, PA has certain processing difficulties such as high crystallization speed in barrier film processors.
The top vendors highlighted by Technavio’s research analysts in this report are: