Bio-Polyamide Market 2017: Regional Analysis and Growth by Forecast to 2023

Bio-Polyamide can be synthesized by polycondensation of diamines and dicarboxylic acids with the elimination of water. Example of bio-PA with biobased acid and petroleum based amine are PA610 and PA410. Bio-Polyamide is mostly produced by castor oil which exhibits a unique chemical structure and properties. Bio-polyamide possess superior features such as recyclability, renewability, non-abrasiveness, light weight, and inexpensive nature which make them suitable for numerous application such as textile, sports, automotive, consumer goods, electrical & electronics, and others.
Some of the prominent factors that positively influence the growth of Bio-Polyamide Market are increasing urbanization, improving standard of living, and increasing consumption of Bio-Polyamide in consumer goods. Furthermore, rising automotive production & sales and shifting manufacturers focus towards manufacturing light weight and fuel efficient vehicles is predicted to fuel the growth of the market during the assessment period. Moreover, booming textile sector and increasing trend of sportswear & attractive clothing in developed and developing countries are expected to fuel the demand for Bio-Polyamide over the forecast period, 2017 to 2023.

Competitive Analysis:
The major players operating in the bio-polyamide market are Royal DSM (the Netherland), Evonik Industries (Germany), Huntsman International LLC. (U.S.), LANXESS (Germany), Arkema Group (France), BASF SE (Germany), INVISTA (U.S.), Asahi Kasei Corporation (Japan), Honeywell International Inc. (U.S.), TORAY INDUSTRIES, INC. (Japan), DuPont (U.S.), Solvay (Belgium), Radici Partecipazioni SpA (Italy), and others.

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Market Segmentation:
The Global Bio-Polyamide Market is categorized on the basis of product, material, application, and region. On the basis of product, the market is segmented into PA6, PA66, and Specialty Polyamide. Specialty polyamide include PA 10, PA 11, PA 12, PA 46, PA6/12, and PA 6/10. Among these PA6 is predicted to be the dominated segment due to its high performance to cost ratio. However, PA 66 is expected to grow with the highest CAGR on account of its excellent properties as compared to other product segments. On the basis of material, the market is bifurcated into fiber and plastics. Fiber segment comprises of textile filament, staple fibers, carpet fibers, and industrial filament whereas plastics segment include appliances, film & coating, wires & cables, and others. On the basis of application, Bio-Polyamide Market is classified into automotive, textile, sports, consumer goods, electrical & electronics, and others. Among the aforementioned segment, automotive accounted for the largest share in 2016 and is predicted to continue its dominance over the forecast period. A major driving factor associated with the market growth in automotive sector is increasing demand for light weight and cost effective vehicles. Additionally, the robust growth of electrical & electronics industry in developing economies are predicted to fuel the growth of the market.

Regional Analysis:
Europe is estimated to be the largest Bio-Polyamide Market followed by Asia Pacific and North America on account of rising demand from automotive, electrical & electronics, and consumer goods. Germany and UK are estimated to capture the largest regional market share due to tremendous demand from prominent automobile manufacturers. In Asia Pacific, countries such as India, China, Malaysia, and South Korea are the fastest growing market for Bio-Polyamide, and is predicted to grow with the same pace over the forecast period. Numerous factors that are attributed to the growth of the market in Asia Pacific are increasing middle class population, rising number of working professionals, competitive manufacturing costs, and ease in availability of raw material. North America Bio-Polyamide Market is predicted to witness a substantial growth since the U.S, Mexico, and Canada are the major contributors owing to improving health care sector and expansion of automotive sector. The Middle Eastern and African countries are expected to see significant regional market growth due to rising foreign investments and shifting of manufacturing base to these region.

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Key Points from Table of Contents:

12. Company Profiles

12.1       Royal DSM
12.1.1    Company Overview
12.1.2    Product/Business Segment Overview
12.1.3    Financial Updates
12.1.4    Key Developments

12.2       Evonik Industries
12.2.1    Company Overview
12.2.2    Product/Business Segment Overview
12.2.3    Financial Updates
12.2.4    Key Developments

12.3       Huntsman International LLC.
12.3.1    Company Overview
12.3.2    Product/Business Segment Overview
12.3.3    Financial Updates
12.3.4    Key Developments

12.4       LANXESS
12.4.1    Company Overview
12.4.2    Product/Business Segment Overview
12.4.3    Financial Updates
12.4.4    Key Developments

12.5       Arkema Group
12.5.1    Company Overview
12.5.2    Product/Business Segment Overview
12.5.3    Financial Updates
12.5.4    Key Developments

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Medical Device Coating Market 2017: Top Key Players, Growth and Analysis by Forecast 2023

Market Research Future will be publishing a cooked research report on “Global Medical Device Coating Market” that contains the information from 2016 to 2023. Medical Device Coating Market is expected to grow at a CAGR 5.16% during forecast period 2016-2023.

Market Research Future (MRFR) recognizes the following companies as the key players in the Global Medical Device Coating Market: Surmodics, Inc. (U.S.), Materion Corporation (U.S.), Hydromer Inc (U.S.), Sono-Tek Corp (U.S.), Speciality Coating Systems Inc (U.S.), Royal DSM N.V (The Netherlands), Precision Coating Company, Inc (U.S.), and Biocoat Incorporated (U.S.).

Market Highlights:
The Medical Device Coating Market is estimated to value at USD 10,109.7 million by the end of 2023 at a CAGR of 5.16% during the forecast period. Increasing geriatric population, growing demand for MISI (Minimal Invasive Surgical Instrument) and continuous innovation in medical devices are some of the major factors favouring the growth of the market. Application of medical device coating in the cardiovascular diagnostics or surgical instruments accounted for the largest market share. It is projected to grow at the highest CAGR on account of the higher penetration of medical devices in cardiac surgeries and pacemakers. The orthopaedic segment is the second major consumer of medical device coatings due to the growing number of aged population and growing awareness among the consumers. However, increasing standards of the regulations and complexities of technology may restrain the market growth over the review period. Nevertheless, in coming years, the increasing preference of hydrophilic Medical Device Coating is projected to propel the growth of the global market in the coming years.

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Segment Analysis:
Global Medical Device Coating Market has been segmented on the basis of type, application, and region.

On the basis of type, the market has been divided into antimicrobial, drug-eluting, hydrophilic, and anti therombogenic Medical Device Coating. The Antimicrobial Medical Device Coating Segment is holding the major share of the overall market demand for Medical Device Coatings. The antimicrobial medical device coating is projected to grow at a considerable CAGR due to the growing need to avoid bacterial colonization on the orthopaedic implant surfaces. The hydrophilic medical device coating is another significant segment in the Global Medical Device Coating Market, which is estimated to grow the highest CAGR of 5.81%, during the review period.

Based on the application, the Global Medical Device Coatings Market is segmented into cardiovascular, orthopedics, neurology, gynecology, and others. Among these applications, the demand for medical device coating is growing in diagnostic or surgical instruments used in cardiovascular ailments. The cardiovascular is the largest segment growing at a significantly higher CAGR to reach USD 4,320.3 million by the end of 2023. This is attributed to the higher penetration of medical devices in cardiac surgeries and pacemakers. Orthopaedic and neurology are important segments, following cardiovascular. Among all the application segments, orthopaedic is projected to witness healthy growth at the highest CAGR due to increasing aging population and growing awareness among the consumers.

Regional Analysis:
Geographically, the Global Medical Device Coating Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. According to MRFR analysis, North America accounted for the largest share of the market in 2016, and is expected to grow at a high CAGR. The North American market is followed by Europe, which is accounted for the second largest number of shares in the Global Medical Device Coatings Market as of 2016. Europe is estimated to reach USD 2,763.0 million by 2023. Asia Pacific is a substantial region in the market, which accounts for 20% share of market as of 2016 and is growing at the highest CAGR of 6.39 %. China is the leading market, in terms of value and volume, which is followed by the U.S.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       Hydromer Inc
11.1.1    Overview
11.1.2    Financials
11.1.3     Portfolio
11.1.4    Business Strategies
11.1.5    Recent Development   

11.2       Materion Corp
11.2.1    Overview
11.2.2    Financials
11.2.3     Portfolio
11.2.4    Business Strategies
11.2.5    Recent Development   

11.3       Surmodics Inc
11.3.1    Overview
11.3.2    Financials
11.3.3     Portfolio
11.3.4    Business Strategies
11.3.5    Recent Development   

11.4       Sono-Tek Corp
11.4.1    Overview
11.4.2    Financials
11.4.3     Portfolio
11.4.4    Business Strategies
11.4.5    Recent Development

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Hot Melt Adhesives Market 2017: Share, Competitor Strategy, Industry Trends by Forecast to 2023

Hot Melt Adhesives, also known as hot glue are thermoplastic in nature. They are used for creating a strong molecular attraction between the materials. These adhesives are applied in their molten state and then solidify after cooling. Hot Melt Adhesives are known for their non-toxic and ecofriendly nature. They are of five types namely ethylene vinyl acetate, polyolefin, polyamide, polypropylene and polyurethane hot melt. Ethylene vinyl acetate Hot Melt Adhesives are light in color and widely used in the market due to their usage in several applications such as buildings & construction, food packaging and others.

The Global Hot Melt Adhesives Market has been driven by the important factors and trends such as safe storage, ease of use, excellent moisture resistance and anti-oxidant characteristics. It is estimated that the global hot melt adhesive market is set to witness a rapid growth due to its benefits and advantages over solvent based adhesives.

Competitive Analysis:
Some of the important players in the Global Hot Melt Adhesives Market: Arkema (France), The 3M Company (U.S.A.), Henkel AG & Co. KGaA (Germany), Huntsman International LLC. (U.S.A.), Dow Corning Corporation (U.S.A.), Sika AG (Switzerland), RPM International Inc. (U.S.A.),  H.B. Fuller Company(U.S.A.), The Dow Chemical Company( U.S.A.), among others.

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Market Segmentation:
The Global Hot Melt Adhesives Market is fragmented by type and application. Ethylene vinyl acetate, polyolefin, polyamide, polypropylene and polyurethane segments are known, on the basis of market type. Among these, ethylene vinyl acetate segment holds the major share in the market due to growing demand in end-use industries such as buildings & construction, food packaging, product assembly, and others. It possess several advantages over water based additives such as environmental friendly nature and antioxidant characteristic. The polyamide adhesives provide high thermal resistance and are used in extremely high temperature applications, however their growth in the market is being hindered by their cost. Growing demand from the polymer industry has propelled polyurethane segment to witness a higher CAGR during the forecast period. The Polypropylene Adhesives are used in spray formulations to generate delayed setting time properties. Food packaging, buildings & construction, wood working, carton-sealing, and others are classifications on the basis of application.

Segmental Analysis:
The Global Hot Melt Adhesives is spanned across five major regions in the world namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Among these, Asia Pacific is the major shareholder of this market owing to growing use in heavy end industries such as construction, packaging and others. The European region is set to witness a rapid growth in the market owing to technological advancements and rising use in automotive, defense and other industrial sectors. The Hot Melt Adhesives has observed a stunning development in the North American region due to growing popularity of polyurethane adhesives. An increase in the number of manufacturing and production units has propelled the Latin American market to witness a notable growth. The economic slowdown due to low crude oil prices has propelled the Middle East & Africa to witness a stunted growth.

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Key Points from Table of Contents:

12. Company Profiles

12.1       Arkema
12.1.1    Company Overview
12.1.2    Product/Business Segment Overview
12.1.3    Financial Updates
12.1.4    Key Developments

12.2       The 3M Company
12.2.1    Company Overview
12.2.2    Product/Business Segment Overview
12.2.3    Financial Updates
12.2.4    Key Developments

12.3       Henkel AG & Co. KGaA
12.3.1    Company Overview
12.3.2    Product/Business Segment Overview
12.3.3    Financial Updates
12.3.4    Key Developments

12.4       Huntsman International LLC.
12.4.1    Company Overview
12.4.2    Product/Business Segment Overview
12.4.3    Financial Updates
12.4.4    Key Developments

12.5       Dow Corning Corporation
12.5.1    Company Overview
12.5.2    Product/Business Segment Overview
12.5.3    Financial Updates
12.5.4    Key Developments

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Polyurethane Elastomers Market 2017: Competitor Strategy, Industry Trends by Forecast to 2023

Market Overview:
Polyurethane is a polymeric material synthesized by joining number of organic units by urethane linkage. Polyurethane Elastomer is a synthetic rubber based on polymers. The Polyurethane Elastomers are either thermoset based or thermoplastic based, wherein majority of the polyurethane elastomers in the market are based on thermosetting polymers. The product have various advantages such as high durability, impact resistance, soft touch, and clarity. The major applications of Polyurethane Elastomer can be found in the manufacturing of number of products such as high resilience foam and insulation panels, gaskets and foam seals, wheels of roller coaster, elevator, shopping carts, automotive suspension bushings, surface coatings, sealants, and hoses. The major end users of Polyurethane Elastomer are automotive industry, building & construction industry, and footwear making industry. Infrastructural expansion is widely undertaken by both the developing and developed countries, which is poised to witness maximum demand for polyurethane elastomer in the construction industry. The developing counties namely India, Indonesia, and Myanmar are heavily depending upon their rubber making industries for employment generation, which is one of the major drivers of the regional Polyurethane Elastomer Market. In the Global Elastomer Market, polyurethane elastomer holds a significant share. The demand for Polyurethane Elastomer Market is estimated to grow at a CAGR of ~5% to reach about USD 95 billion by the end of 2023.

Competitive Analysis:
Key players in the Global Polyurethane Elastomer Market are BASF SE (Germany), Bayer Materialscience (Germany), Bsw Gmbh (Germany), The Dow Chemical Company (U.S.), DuPont (U.S.), Lyondellbasell Industries N.V. (Netherlands), 3M (U.S.), KINGFA SCI. &TECH. CO., LTD. (China), Accella Polyurethane Systems (U.S.), and P+S Polyurethan-Elastomere GmbH & Co. KG (Germany), among others.

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Market Segmentation:
The Global Polyurethane Elastomer Market is segmented on the basis of product type, end-use industries, and region. On the basis of product type, the market is divided into Thermoplastic Elastomer (TPE), and thermosetting elastomer (TSE). The Polyurethane Elastomers available in the market are majorly based on TSE due to its vast applications in building and construction industry, and footwear industry. On the other hand, thermoplastic-based polyurethane elastomers are commercially suitable for a small range of application.

On the basis of end-user, the market is divided into automobile, building & construction, footwear making, electrical & electronics, and others. Among these, the automobile industry is projected to consume a major share of the total demand for Polyurethane Elastomer. Automotive industry accounts for over 30% share of the total demand for polyurethane elastomer. Increasing standard of living in developing countries of Asia Pacific and Latin America is responsible for incentivizing to spend on luxury, which is driving the demand for automotive products in this region. Furthermore, the building & construction industry spread all over the world is steadily driving the demand for Polyurethane Elastomer. The developing countries in Asia Pacific and Latin America are rapidly undertaking the infrastructural projects and it is estimated to propel the growth of the Global Polyurethane Elastomer Market. Owing to the durability and flexibility of the Polyurethane Elastomer, it is the most preferred material in the making of footwear. The footwear making industry is expected to witness a rise due to high demand for light weight and durable sports shoes, which is anticipated to continue over the forecast period. Moreover, the removal of restriction over the use of Polyurethane in medical equipment and edible food coating by the U.S. Foods and Drugs Administration (FDA) has opened the doors for this material in healthcare and food industry.

Regional Analysis:
The Global Polyurethane Elastomer is divided into Asia Pacific, North America, Europe, the Middle East & Africa, and Latin America. Asia Pacific, North America and Europe are the leading markets. Among them, Asia Pacific holds the major share in terms of market size. It accounts for over 48% share of the Global Polyurethane Elastomer Market. China and India are the leaders in the regional market owing to increasing construction activities and reviving footwear making industry in these countries. North America is a significant region in the Global Polyurethane Elastomer Market after Asia Pacific. Reconstruction projects undertaken by countries namely the U.S. and Canada will boost the growth of the regional Polyurethane Elastomer Market. Additionally, the aircraft industry in the U.S also fuels the demand for the Polyurethane Elastomer. Europe is a substantial region in the Global Polyurethane Elastomer Market. Demand of polyurethane elastomer in automobile industry for making the interior of luxury cars is propelling the growth of regional Polyurethane Elastomer Market. The countries namely Germany, Italy, and France are the major contributors due to the established automobile industry. Other regions in the Global Polyurethane Elastomer Market are the Middle East & Africa and Latin America, wherein the Middle East & Africa is comparatively growing at higher pace. The vast investment potential and availability of raw material is estimated to push the growth of the market in this region. Latin America is expected to join the hand with the leading regions in coming years.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       BASF SE
11.1.1    Company Overview
11.1.2    Product Type/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Bayer Materialscience
11.2.1    Company Overview
11.2.2    Product Type/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Bsw Gmbh
11.3.1    Company Overview
11.3.2    Product Type/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       The Dow Chemical Company
11.4.1    Company Overview
11.4.2    Product Type/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

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Emission Control Catalyst Market 2017: Overview, Growth and Analysis by Forecast 2023

Emission Control Catalyst is used to mitigate the harmful effects of pollutants in the exhaust such as hydrocarbons, particulate matters, nitrogen oxides, and carbon monoxide. Various elements such as palladium, platinum, rhodium, and others are used to clean vent gases. These are widely utilized in end use industries such as transportation, general industry and others.

Some of the prominent factors that positively influence the growth of Emission Control Catalyst Market are rapid urbanization, improved living standard, growing need to curb emission from industrial & automobile success. Environmental concern owing to rapid industrialization combined with future threat of global warming are posing issues for the expansion of sustainable future. Industries across the globe are working towards implementing emission control catalyst system to stick with the strict regulations related to the emission of harmful pollutants in the environment. Above-mentioned reason is predicted to fuel the growth of the market. Moreover, the main growth drivers for this market are strict environmental policies adopted by numerous governments and environmental protection agencies coupled with raise in the vehicle production and growth of industrial sector. However, raising demand for electric vehicles across the globe is expected to hinder the growth of the market.

Competitive Analysis:
The major players operating in the Emission Control Catalyst Market include BASF SE (Germany), Johnson Matthey (U.K.), Solvay (Belgium), Umicore SA (Belgium), Corning Incorporated (U.S.), Clariant (Switzerland), aerinox-inc (U.S.), CORMETECH, INC. (U.S.), Cataler Corporation (Japan), DCL International Inc (U.S.), and others.

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Market Segmentation:
The Global Emission Control Catalyst Market is segmented on the basis of product, application, and region. Based on product, the market is classified into palladium, platinum, rhodium, and others. Among these, platinum based Emission Control Catalyst is expected to witness the fastest growth on account of being an appropriate oxidation catalyst. Moreover, it can be used as both a reduction and an oxidation catalyst. Platinum is majorly used in diesel vehicles as it act as both reduction and oxidation agent to reduce sulphur emission. Palladium is predicted to witness a healthy growth due to its easy blending features with platinum and palladium. Rhodium based emission control catalyst is also estimated to witness tremendous growth owing to its predominant use in the reduction of nitrogenous oxide from exhaust emissions via three way catalytic converters in vehicles. Moreover, Rhodium metal exhibit excellent properties such as superior corrosion resistance and high thermal stability which is likely to propel its usage in the upcoming years. Based on application, Emission Control Catalyst Market is categorized into transportation, industrial, and others. Transportation sector include light duty vehicle and heavy duty vehicle. Automotive sector holds the largest share, accounting for around 70% of the total volume as of 2015. Increasing automotive production and sale coupled with rising demand for automotive catalytic converters as an Emission Control medium is predicted to drive the growth of the market over the forecast period, 2017 to 2023.

Regional Analysis:
Europe is estimated to be the largest Emission Control Catalyst Market followed by North America and Asia Pacific on account of increasing demand from automotive and industrial sector. Germany and UK are predicted to capture the largest regional market share on account of tremendous demand from prominent automobile manufacturers. The market in Asia Pacific is expected to grow with the healthy CAGR on account of tightening vehicle Emission Standard specifically in India, China, and Japan. North America Emission Control Catalyst Market is estimated to witness a substantial growth since the U.S, and Canada are the major contributors due to huge demand from power, cement, chemicals, and metal sector. The Middle Eastern and African countries are estimated to see significant regional market growth on account of rising foreign investments and shifting the manufacturing base to these region.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       BASF SE
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Johnson Matthey
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Solvay
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       Umicore SA
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

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Balsa Wood Market 2017: Competitors Strategy, Regional Analysis and Growth by Forecast to 2023

Market Research Future (MRFR) recognizes the following companies as the key players in the Global Balsa Wood Market: 3A Composites (Switzerland) , Gurit (Spain), DIAB International AB (Sweden), The PNG Balsa Company Ltd (Papua New Guinea), The Gill Corporation (U.S.), CoreLite Inc (U.S.) and SINOKIKO BALSA TRADING CO., LTD (China) among others.

Market Highlights:
Global Balsa Wood Market was valued at USD 146.53 million in 2016 and is expected to grow at 5.89% CAGR to reach USD 217.26 million by the end of 2023. The balsa wood market is gaining traction across the globe, owing to the low density of wood, making balsa the lightest commercial timber available in the market. By type, ‘Grain B’ segment has accounted for a larger market share due to its combine property of ‘Grain A’ and ‘Grain C’ type of wood. ‘Grain C’ type on balsa market is estimated to grow at CAGR of 5.88%, during the forecast period as it is regarded as the most aesthetically pleasing.

Segment Analysis:
The Global Balsa Wood Market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into ‘Grain A’, ‘Grain B’, and ‘Grain C’ balsa wood. Based on the application, the Global Balsa Wood Market is divided into aerospace & defense, renewable energy, marine, rail & road, industrial & construction among others.

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Considering the increasing security concerns of the countries, the military & aerospace funding across the globe is also increasing and’ as a result, this segment is estimated to account for the largest market share which is slated to reach USD 77.76 million till 2023.
Balsa Wood laminates provide effective ballistic protection in military & defense operations at a much lower weight than metallic armor materials. Additionally, Balsa Wood composite armor is used in the production of military vehicles, land-based shelters, ships and aircraft are some of the factors that drive the market for Balsa Wood in military & aerospace segment.

Also, the boom in wind energy segment across the world as a source of renewable energy is expected to drive the Balsa Wood Market. The renewable energy segment accounted for the second largest market share by application. The segment is anticipated to grow at highest CAGR during the forecast period.

Geographically, Asia Pacific dominated the Global Balsa Wood Market, accounting for more than 30% share, by value, of the Global Balsa Wood Market. The regional market trends substantiating the growth of Balsa Wood include the immense aerospace & defense funding as well as the flourishing wind energy market, which in turn is witnessing considerable demand for Balsa Wood Market. Furthermore, the rapid urbanization in the region is considered to have a positive impact on the overall balsa wood market in the region. The other emerging markets such as Latin America and Middle East & Africa seems to follow a similar market trend as Asia Pacific.

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Key Points from Table of Contents:

11. Company Profiles

11.1       BASF SE
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Evonik Industries
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Royal DSM N.V.
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       Arkema SA
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

11.5       KURARAY CO. LTD
11.5.1    Company Overview
11.5.2    Product/Business Segment Overview
11.5.3    Financial Updates
11.5.4    Key Developments

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High Performance Polyamide Market 2017: Analysis, Trends, and Forecast 2023

High Performance Polyamide belongs to a special class of polyamide, they can be formulated to offer improved properties when compared with conventional polyamide. They exhibit good impact strength, exceptional stiffness, and high dimensional stability. Other advantages include high chemical resistance, low moisture absorption, and excellent heat stability even at elevated temperature. With the aforementioned reasons, the High Performance Polyamide are widely utilized in numerous end use industries such as sports & leisure, electrical & electronics, aviation & automobile, medical, and other.

Some of the prominent factors that positively influence the growth of High Performance Polyamide Market are increasing industrialization, improving standard of living, and rising consumption of High Performance Polyamide. Moreover, increasing demand from sports & leisure industry as well as continuous growth of electrical & electronics sector drives the growth of the market. Rapid urbanization coupled with increasing disposable income in developing economies likely to fuel the growth of the market during the review period. However, High Performance Polyamide are relatively expensive than the other conventional polyamide, which may hinder the growth of the market. Moreover, increasing threat form hybrid polymers as a substitute is predicted to hamper the market growth.

Competitive Analysis:
The major players operating in the High Performance Polyamide Market include BASF SE (Germany), Evonik Industries (Germany), Royal DSM N.V. (the Netherlands), Arkema SA (France), KURARAY CO. LTD (Japan), Solvay (Belgium), SABIC (Saudi Arabia), DuPont (U.S.), LANXESS (Germany), Mitsui Chemicals, Inc. (Japan), and others.

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Market Segmentation:
The Global High Performance Polyamide Market is categorized on the basis of product, end use industry, and region. On the basis of product, the market is classified into PA11, PA12, PA46, PA9T, polyphthalamides (PPA), polyarylamide (PARA). Among these, PA11 is expected to be the largest market segment, in 2016 due to its easy availability and cost-effective nature. Moreover, PA11 finds a broad range of application in automotive, sports, and electronics. PA9T is predicted to be the fastest growing segment on account of its high adoption rate in numerous end use industries. Furthermore, it exhibits outstanding thermal stability and chemical & mechanical resistance. With the above-mentioned properties it is widely used in the manufacturing of various application such as coolant systems, pumps & valves, shaft seals, surgical equipment, and electronics product. On the basis of end use industry, the market is segmented into aviation & automobile, electrical & electronics, sports & leisure, medical and others. Other end use industry include building & construction and oil & gas. Among these, aviation & automobile holds the largest market share in 2016 and is predicted to continue its dominance on account of increasing demand in the manufacturing of exterior and interior components in the aviation and automobile industries. Moreover, rising usage of these polymers in the manufacturing of hydraulic control lines, siphon string, and pipe lines is estimated to propel the demand for High Performance Polymer.

Regional Analysis:
Asia Pacific is predicted to be the largest High Performance Polyamide Market followed by North America and Europe due to rising demand from aviation, automobile, electrical & electronics, and medical industries. Developing countries such as India, China, Vietnam, and Malaysia are the fastest growing markets for the High Performance Polyamide, and is predicted to grow with the same pace over the forecast period. North American High Performance Polyamide Market is predicted to witness a steady growth since the U.S. and Canada are among the major contributors in the regional market growth due to expanding healthcare sector. In Europe, High Performance Polyamide Market is estimated to grow with the significant rate on account of wide utilization in automotive sector. The Middle East & Africa is estimated to witness an average growth owing to rising investment in construction sector.

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Key Points from Table of Contents:

11.    Company Profiles   

11.1       BASF SE
11.1.1    Company Overview
11.1.2    Product/Business Segment Overview
11.1.3    Financial Updates
11.1.4    Key Developments

11.2       Evonik Industries
11.2.1    Company Overview
11.2.2    Product/Business Segment Overview
11.2.3    Financial Updates
11.2.4    Key Developments

11.3       Royal DSM N.V.
11.3.1    Company Overview
11.3.2    Product/Business Segment Overview
11.3.3    Financial Updates
11.3.4    Key Developments

11.4       Arkema SA
11.4.1    Company Overview
11.4.2    Product/Business Segment Overview
11.4.3    Financial Updates
11.4.4    Key Developments

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