Polyamide Market To Reach $59.27 Billion By 2030 | CAGR 6.3%

Polyamide Market Growth & Trends

The global polyamide market size is expected to reach USD 59.27 billion by 2030, registering a CAGR of 6.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing adoption of polyamide in numerous industries, including automotive, electrical and electronics, consumer goods and appliances, packaging, and textiles is projected to fuel the market growth during the forecast period. Polyamides are widely used in the exterior parts of vehicles such as front-end grilles, fuel caps, wheel covers, doors, exterior mirrors, and tailgate handles.

Polyamide composites are expected to witness high demand from the automotive industry due to factors such as excellent mechanical properties, wear resistance, and the growing need for lightweight vehicles in order to improve fuel efficiency. Polyamide has been extensively used in the engine compartment to replace steel parts owing to the benefits derived from them such as lower weight and greater design flexibility as against traditional metals.

Key players in the market are continuously carrying out innovations and developing new versions of polyamide compatible with new polymer processing technologies. For instance, in May 2021, Evonik Industries AG successfully tested its INFINAM PA 6005 P (polyamide 613 material) on the ST252P and HT403P laser sintering 3D printing systems developed by Farsoon Technologies. The INFINAM PA 6005 P with a high melting point of 215°Cexhibited compatible properties to be processed by 3D printing systems.

In addition, the establishment of global partnerships to increase dominance in advanced materials is expected to drive the market over the forecast period. In May 2020, LANXESS announced the formation of a new supplier partnership with Chase Plastics. This partnership is expected to create a distribution channel for Durethan PA6 and Pocan PBT developed by LANXESS.

Environmental awareness has propelled many electronics companies to utilize bio-based polyamides as a part of their sustainability goals and they have deployed the production of the same to support the strong growth in demand for advanced bio-circular materials. This can prove to be one of the major driving factors for the production of polyamides over the forecast period. In April 2021, Arkema announced to begin the production of Amino 11, a bio-based polyamide, at its new plant on Jurong Island, Singapore. This plant is expected to utilize castor beans to produce bio-based polyamide and it represents a 50% increase in Arkema’s global polyamide 11 capacity.

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Polyamide Market Report Highlights

• The polyamide 6 product segment recorded the largest market revenue share of over 51.0% in 2024. Polyamide 6, known as Nylon 6, is a synthetic polymer made from a single monomer, caprolactam.

• The engineering plastics segment recorded the largest market share of over 58.0% in 2024. The growing demand for lightweight, durable, and high-performance materials in industries such as automotive and electronics is a major driver for the polyamide-based engineering plastics market.

• Asia Pacific polyamide market dominated and accounted for the largest revenue share of over 43.0% in 2024 and is anticipated to grow at the fastest CAGR of 5.1% over the forecast period.

• The North America polyamide market is primarily driven by its robust automotive and aerospace industries, which are major consumers of these engineering plastics.

Polyamide Market Segmentation

Grand View Research has segmented global polyamide market report based on product, application, and region:

Polyamide Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Polyamide 6

• Polyamide 66

• Bio-based Polyamide

• Specialty Polyamides

Polyamide Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Engineering Plastics

  • Automotive

  • Electrical & Electronics

  • Consumer Goods & Appliances

  • Packaging

  • Others

• Fibers

  • Textile

  • Carpet

  • Others

Polyamide Region Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • UK

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • Southeast Asia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List of Key Players in the Polyamide Market

• BASF

• Evonik AG

• Arkema

• Solvay

• Domo Chemicals

• DSM-Firmenich

• Lanxess

• DuPont

• TORAY INDUSTRIES, INC.

• Ascend Performance Materials

• Koch IP Holdings, LLC.

• Advansix

• Celanese Corporation

• Huntsman International LLC

• Mitsui Chemicals