Lucintel’s latest market report analyzed that specialty polyamide provides attractive opportunities in the automotive & transportation, electrical & electronic, consumer good & retail, energy, and industrial coating applications. The specialty polyamide market is expected to reach $4.2 billion by 2028 with a CAGR of 5.7%. In this market, high-temperature specialty polyamide is the largest segment by product, whereas automotive & transportation is largest by application.
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Based on product, the specialty polyamide market is segmented into long chain specialty polyamide, high-temperature specialty polyamide, and MXD6/PARA. The high-temperature specialty polyamide segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the expanding use of crystalline polyamides in the automotive, aerospace, medical, and electronics industries owing to its mechanical and thermal characteristics.
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The Specialty Polyamide Market is marked by the presence of several big and small players. Some of the prominent players offering specialty polyamide include Evonik Industries, Arkema, BASF SE, DowDuPont, and Koninklijke DSM.
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