Europe Polyamide (PA) Market
- Report Code: PO 1001
- Publish Date: Upcoming
Polyamides are polymers that contain repeated amide linkages. The two forms of polyamides are natural and artificial, wherein proteins are the most common form of natural polyamides. Natural polyamides such as wool and silk have huge applications in the European textile industry. The growing demand for high-quality and long-lasting electronics and other consumer appliances is one of the main factors that drives the demand for polyamides in Europe.
The European market held a major share of the global polyamide market in 2013, wherein Germany and the U.K. were the major players of the regional market. The German segment is projected to grow at a CAGR of 2.5% from 2013 to 2018. In terms of applications, the European polyamide market is dominated by the electrical & electronics segment, followed by the consumer goods & appliances segment.
Despite the slow economic growth witnessed by most countries of Europe, the automotive sector is a rapidly growing sector in the region. Moreover, there is an increasing demand for weight reduction in vehicles. The indispensable nature of polyamides in this application helps with the growth of the European polyamide market. In addition, European consumers demand electrical & electronic goods and other consumer appliances with properties such as high-quality, longevity, and abrasion resistance. This is also one of the most important factors that drive the growth of the polyamide market in Europe. Some of the major companies that operate in the European market include Evonik Industries AG (Germany), Arkema S.A. (France), and Rhodia S.A. (France), among others.
The European polyamide market report provides details of the segmentation of the concerned market, along with insights into the competitive scenario in the market. The European market has been segmented in terms of products, types, applications, and major countries that participate in the polyamide market of Europe. Some of the most important products of the market include polyamide elastomers, polyamide foams, and polyamide plastics. On the basis of applications, the market has been segmented into automotive plastics, cables, carpets, electrical & electronics, consumer goods & appliances, hot melt adhesive, industrial machinery, packaging, protective clothing, plastic films & sheets, and textiles, among others. The major types of polyamides are calendered polyamide, extruded polyamide, and molded polyamide. Germany, the U.K., and France, among others, are the main countries that have been considered for this extensive and technical market analysis. The report also includes descriptions of important market dynamics such as drivers & restraints, along with numerous opportunities offered by the market for existing as well as new market players.
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