Polyamides are polymers that find applications in various industry verticals such as textiles, automotive plastics, consumer goods & appliances, and electrical & electronics. The most common form of manufactured polyamides is nylon, which is widely used in the textile industry.
Polyamide is a macromolecule with repeating units interconnected by amide bonds. The rising raw material prices in the end user industries have resulted for the growing preference of high performance and cost effective polyamide by the manufacturers in comparison to other products.
Polyamide (PA) 12 also known as Nylon 12 is made from laurolactam monomers that each has 12 carbons. Feasible properties of PA 12 such as toughness, easy machinability, good electrical insulation, and sliding properties make it a preferred material for various applications.
Though the material is involves high cost in comparison to other polyamides, yet there is a demand for PA 12 due to its demand from films application segment which is mainly used for packaging material in the food industry and sterilized films and bags for the pharmaceutical industry.
There has been a preference for Polyamide 12 in recent times due to the durability or reliability of the material. It also has lower impact resistance and fairly better UV resistance. These properties are vital for applications in extreme conditions.
Of all the polyamides, PA 12 is characterized by the lowest water absorption which also has good impact resistance.
The global Polyamide 12 market in terms of value is expected to reach above $xx million by 2019, growing at a significant CAGR from 2014 to 2019. This report aims to estimate the global Polyamide 12 market for 2014 and to project the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the Global Polyamide 12 Market. It provides a comprehensive review of major drivers and inhibitors of the market. The Global Polyamide 12 Market is also segmented into major application and geographies.
Some of the leading companies like Arkema (France), Evonik (Germany) and other such leading players are extensively covered in the report.
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