POLYAMIDE 12 MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 to 2031)

Polyamide 12 is a thermoplastic polymer and is made from either laurolactam or ω-aminolauric acid. It has optimal impact strength and lower melting point, and moisture absorption properties compared to the standard form of polyamide 6, which has higher strength and stiffness. It finds End-use Industry in end-user industries such as automotive, electric and electronic, packaging, and consumer goods such as sports and leisure equipment. Moreover, it also has End-use Industry in interior and exterior designing, permanent antistatic parts such as electrical housing, and conveyor belts.

Market Dynamics

Polyamide 12 is a semi-crystalline and white engineering thermoplastic. Polyamide 12 offers several advantages such as good abrasion resistance, high flexibility & strength, and better elongation at break comparison to unmodified polyamide 12. End-use Industrys of polyamide 12 include precision engineering components and other components, which need low temperature toughness. Moreover, it finds its End-use Industrys in ski boots, protective coverings, damping cogwheels, and profiles for automotive industry, flexible piping for air ducts, petrol, and oil pipes for machine building. Other End-use Industrys of polyamide 12 are sealing rings, diaphragms, soles for sports shoes, flexible cover caps, sheet gaskets, and cable fasteners.

Polyamide 12 finds its End-use Industrys in development of oil & gas pipelines, owing to its various properties such as high resistance to mechanical stress. Demand for oil and gas is rising significantly, which has led oil and gas companies to utilize their resources and infrastructure to its maximum capabilities. Polyamide 12 piping system can potentially operate at pressures of up to 250 psig, owing to its hydrostatic strength and the use of a 0.40 design factor, which makes PA12 piping systems effective alternative to steel piping systems. This factor is projected to boost demand for polyamide 12 in pipeline End-use Industrys in the near future.

Demand for polyamide 12 is expected to experience healthy growth from the 3- D printing industry over the long term forecast as 3-D printing is gaining popularity over all sections of the society along with rising adoption by the manufacturers of medical devices. Polyamide 12 have excellent thermal resistance and are chemically resistant to variety of chemical compounds including aldehydes, ketones, hydrocarbons, and others.

Key features of the study:

• This report provides an in-depth analysis of global polyamide 12 market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global polyamide 12 Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Arkema Group, DowDuPont Inc., Ensinger GmbH, Evonik Industries AG, UBE Industries Inc., Techmer PM LLC., Invista, EMS-Chemie Holding AG, RTP Company Inc., Toray Industries Inc., Formulated Polymers Limited, and Merck KGaA
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global polyamide 12 market report caters to various stakeholders in this industry including investors, suppliers, Polyamide 12 manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polyamide 12 market

Detailed Segmentation:

• Global Polyamide 12 Market, By End-use Industry:
  • Automotive
  • Consumer Goods
  • Electronics
  • Industrial
  • Others
•  Global Polyamide 12 Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Latin America
    • By Country:
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country:
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East & Africa
    • By Country/Region:
      • Middle East
      • Africa
• Company Profiles
  • Arkema Group
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • DowDuPont Inc.
  • Ensinger GmbH
  • Evonik Industries AG
  • UBE Industries Inc.
  • Techmer PM LLC.
  • Invista
  • EMS-Chemie Holding AG
  • RTP Company Inc.
  • Toray Industries Inc.
  • Formulated Polymers Limited
  • Merck KGaA

“*” marked represents similar segmentation in other categories in the respective section