Global Long-Chain Polyamide Market Size to worth USD 3.43 Billion by 2033: Market Study Report

Global Long-Chain Polyamide Market Size to worth USD 3.43 Billion by 2033

According to a research report published by Spherical Insights & Consulting, The Global Long-Chain Polyamide Market Size is Expected to Grow from USD 2.09 Billion in 2023 to USD 3.43 Billion by 2033, at a CAGR of 5.08% during the forecast period 2023-2033. 

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Long-Chain Polyamide Market Size, Share, and COVID-19 Impact Analysis, By Type (PA11, PA12, PA610, PA612, and Others), By End-User (Automotive & Transportation, Electrical & Electronics, Consumer Goods & Retail, Energy, Industrial Application, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.    

Long-chain polyamides are polymers made from acids and amines that have amide groups repeated over a long-chain structure. They are extensively utilized in industries such as textiles, fibers, engineering plastics, and coatings and have a molecular basis rich in carbon. These polymers are crucial parts of industries like consumer products, electronics, automotive, and aerospace because they satisfy specific manufacturing needs. Polymers joined by amide bonds are called polyamides, and long-chain polyamides have special compositions and characteristics. Different from both conventional and high-performance polyamides, these polyamides bridge the gap between short-chain condensation polymers and conventional polyethylene by promoting crystallization through van der Waals interactions. Sustainability and renewable resources are driving the growth of the long-chain polyamide industry, which is becoming more and more popular in the consumer goods, electronics, and automotive sectors. PA12, in particular, is highly sought after because of its robust and lightweight characteristics. However, long-chain polyamides, derived from petrochemicals, face challenges due to fluctuating raw material prices, economic and geopolitical issues, and increased manufacturing costs, affecting consumer prices.

The PA12 segment is anticipated to hold the greatest market share during the projected timeframe.    

Based on the type, the long-chain polyamide market is divided into PA11, PA12, PA610, PA612, and others. Among these, the PA12 segment is anticipated to hold the greatest market share during the projected timeframe. PA12 is known for its superior impact strength, lower melting point, and excellent chemical resistance. The segment is growing due to rising demand in the automobile industry and the shift towards bio-based products.

The industrial segment is anticipated to hold the largest market share during the projected timeframe.   

Based on the end-user, the long-chain polyamide market is divided into automotive & transportation, electrical & electronics, consumer goods & retail, energy, industrial applications, and others. Among these, the industrial segment is anticipated to hold the largest market share during the projected timeframe. Long-chain polyamides' strength, minimal water absorption, and resistance to abrasion make them useful in a variety of industrial applications. Economic expansion, fast industrialization, and growing consumer awareness of bio-based products are the main drivers of demand for these materials.

Asia Pacific is estimated to hold the largest share of the long-chain polyamide market over the forecast period.

Asia Pacific is estimated to hold the largest share of the long-chain polyamide market over the forecast period. The consumer goods, electronics, automotive, and aerospace sectors are the main drivers of the region's growth. In China and India, population expansion, industrialization, and increased disposable income all affect the demand for regional polymers. China dominates the market for long-chain polyamides.

Europe is predicted to have the fastest CAGR growth in the long-chain polyamide market over the forecast period. The automobile sector in Europe is using long-chain polyamide more and more to lighten vehicles, comply with emissions and fuel efficiency regulations, and anticipate a rise in demand as consumer preferences change.

Company Profiling

Major key players in the long-chain polyamide market include BASF SE, Radici Group Spa, Evonik Industries AG, DSM, EMS-Chemie Holding AG, Arkema, Nylon Corporation of America, Inc. and DuPont, and Others.

Recent Development

• In April 2024, Nylon Corporation of America (NYCOA) has introduced NXTamid L, a long-chain polyamide devoid of plasticizer, as a sustainable substitute for PA11 and PA12. Higher service temperatures, flexibility, and chemical resistance are provided by this novel material.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the long-chain polyamide market based on the below-mentioned segments:

Global Long-Chain Polyamide Market, By Type

• PA11
• PA12
• PA610
• PA612
• Others

Global Long-Chain Polyamide Market, By End-User

• Automotive and Transportation
• Electrical and Electronics
• Consumer Goods and Retail
• Energy
• Industrial Application
• Others

Global Long-Chain Polyamide Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa