Most of the growth is fueled by rising investments in new manufacturing plants for automotive and aerospace development in the country. This growth stems from a rise in demand for manufacturing interior and exterior components in the automotive and aerospace industries due to superior mechanical properties, chemical resistance, and high heat stability of high performance polyamides.
Complete report on global high performance polyamides market spread across 149 pages, profiling more than 11 companies and supported with 79 tables and 51 figures is now available at http://www.rnrmarketresearch.com/high-performance-polyamides-market-by-type-pa-12-pa-11-pa-46-para-and-ppa-end-use-industry-transportation-electrical-electronics-medical-industrial-and-region-global-forecast-to-2021-market-report.html .
PA 9T is the fastest-growing type segment in terms of both volume and value in the high performance polyamides market. It possesses outstanding thermal stability, mechanical properties, and chemical resistance. These properties make it suitable for a wide range of end-use industry applications such as fuel systems, induction systems, coolant systems, engine components, power train, brake systems, pumps and valves, shaft seals, sockets, biotechnology, surgical equipment, and transmission components manufacturing.
The key companies profiled in this report are Royal DSM NV (Netherlands), E.I. DuPont de Nemours and Company (U.S.), Solvay S.A. (Belgium), SABIC (Saudi Arabia), Arkema SA (France), Mitsui Chemicals (Japan), Lanxess (Germany), Evonik Industries AG (Germany), Kuraray Co., Ltd (Japan), BASF SE (Germany), and EMS Grivory (Switzerland).
Request a discount on a copy of High Performance Polyamides Market by Type (PA 12, PA 11, PA 46, PARA, and PPA), End-Use Industry (Transportation, Electrical & Electronics, Medical, Industrial), and Region - Global Forecast to 2021 research report at http://www.rnrmarketresearch.com/contacts/discount?rname=859245 .
Asia-Pacific is the fastest-growing market for high performance polyamides market, in terms of value and volume. High economic growth rate, growing manufacturing industries, cheap labor, increasing foreign investments, and rise in applications of high performance polyamides across medical, transportation, and electronics applications are some of the major factors expected to fuel the growth of the market. Countries such as China, South Korea, and Japan, which are major hubs to produce electronic components, are expected to drive the growth of the market in Asia-Pacific.
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