Globally, North America accounted for the substantial market share of polyamide 12 (PA12) and is estimated to
lead the overall market in the years to come. The reason behind the overall market growth could be the
presence of key manufacturers in the region and the rising demand from end-use industries. The United States
is a major consumer of polyamide 12 (PA12) in this region.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the
second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest
CAGR in the forecast period. The aspects that may be ascribed to the growth comprise the continuous used by
automobile manufacturers as a substitute for metal. The developing countries like India and China are the major
consumers of polyamide 12 (PA12) in this region.
The key players of polyamide 12 (PA12) market are Toray Industries Inc., Evonik Industries AG, RTP Company
Inc., Arkema Group, Ems-Chemie Holding AG, UBE Industries, Ltd., Invista S.a.r.l., Ensinger GmbH, Techmer PM
LLC., and Degussa AG. These players are concentrating on inorganic growth to sustain themselves amidst fierce
competition.
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