Polyamide Market Size, Report Analysis, Trend and Forecast 2024-2032
The latest report by IMARC Group, titled “ Polyamide Market Report by Type (Aliphatic Polyamides, Aromatic Polyamides), Application (Polyamide Fibers and Films, Engineering Plastics), End Use Industry (Automotive, Electrical and Electronics, Textile, Construction, Packaging, Consumer Goods, and Others), and Region 2024-2032 ”, offers a comprehensive analysis of the industry, which comprises insights on the market. The global polyamide market size reached US$ 33.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 54.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. Factors Affecting the Growth of the Polyamide Industry: Automotive Industry Demand: The increasing demand of the automotive industry for lightweight and durable materials is a significant driver of the global polyamide market. Polyamides, commonly known as nylons, are highly valued in automotive applications due to their excellent mechanical properties, high resistance t...