Chemical & Materials Trending Polyamide Market | Page 4

Industrial Insights
• Engineering plastics and fiber are the key applications of polyamide. In the automotive industry,
polyamide engineering plastics are used for making radiator fans, speedometer gears, fuel tanks,
and oil filter housing.
• The growing investments in the automotive sector of the emerging economies are promising for
the growth of the polyamide market in the engineering plastics segment.
• Based on type, the polyamide market has been segmented into PA 6, PA 66, and bio-based &
specialty polyamide.
• Bio-based & specialty polyamide is projected to be the fastest-growing segment of the market
due to its growing use in automotive, electronics, and sports applications.
• The soaring prices of petrochemical-based raw materials are likely to increase the demand for
organic materials.
• Bio-based & specialty polyamide with excellent properties such as durability, heat & water
resistance, and water solubility is a suitable alternative to petroleum-based materials.
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