Specialty Polyamides Market Size to be Worth USD 3.28 Billion by 2024: Grand View Research, Inc.
Growing environmental concern shave led to rise in interest to develop polyamides using renewable feedstock in recent times. Green benefits are not the only reasons for wide acceptance of specialty polyamides. In fact, it is claimed these polyamides can offer better performance than the conventionally made engineering thermoplastics.
Growing disposable income, high demand for low fuel combustion vehicles and strict implementation of regulations by the governing bodies such as EPA has led to increasing demand for these products. Companies such as Evonik Industries AG, BASF SE, Arkema SA, and E. I. du Pont de Nemours and Company have adopted expansion strategies to increase their presence in the market. Most of the companies have been heavily investing in R&D amenities to discover advanced and innovative special engineering nylons that are eco-friendly and easy to use, with less utilization of expensive & harmful raw materials.
Browse full research report with TOC on"Specialty Polyamides Market Analysis By Application (Automotive & Transportation, Electrical & Electronics, Consumer Goods & Retail, Energy, Industrial Coatings), Competitive Strategies, Trends & Dynamics And Segment Forecasts, 2014 - 2024" at:http://www.grandviewresearch.com/industry-analysis/specialty-polyamides-market
Further key findings from the report suggest:
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Grand View Research has segmented the specialty polyamides market on the basis of applicationand region:
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