High-Performance Polyamides Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The market for high-performance polyamides is expected to grow at a CAGR of more than 6% globally during the forecast period.
Increasing applications for high-performance polymers and growing demand from the automobile industry are driving the market growth.
High cost, the threat from substitutes, and the impact of COVID-19 are expected to hinder the market growth.
Key Market TrendsGrowing Demand from Automobile SectorThe global high-performance polyamides market is partially consolidated in nature with a few major players occupying a significant portion of the market. Some of the major companies are Asahi Kasei Corporation, Evonik Industries AG, Arkema SA, Solvay S.A., and BASF SE, among others.
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