Latest Research Report :
Polyamide (PA or Nylon) Market, Global
Outlook and Forecast 2025-2032
Comprehensive insight into regional dynamics, growth drivers, and market segmentation.
MARKET OVERVIEW:
Ethylene vinyl acetate (EVA) is a copolymer widely used as an encapsulation material in photovoltaic modules due to its excellent adhesive properties, UV resistance, and thermal stability. This thermoplastic polymer effectively protects solar cells from environmental factors while maintaining high light transmittance. The material's durability and cost-effectiveness make it the preferred choice for crystalline silicon solar panel manufacturers globally.
MARKET INSIGHT & GROWTH DRIVERS:
The market growth is driven by increasing gold mining activities, particularly in Asia-Pacific and Africa, where cyanide leaching remains the dominant extraction method. However, environmental concerns and stringent regulations pose challenges to market expansion.
Click Here for More Detailed Report
MARKET DYNAMICS
Expanding Automotive Sector to Fuel Polyamide Demand
The automotive industry's growing emphasis on lightweight materials is accelerating polyamide adoption as manufacturers seek to improve fuel efficiency and reduce emissions. With regulatory bodies imposing stricter emissions standards globally, automakers are increasingly turning to engineering plastics like nylon for components ranging from engine parts to structural elements. The average vehicle now contains 15-20 kg of polyamide materials, with electric vehicles requiring even higher performance polymers for battery components and charging systems. This trend is particularly pronounced in Europe and North America where environmental regulations are most stringent, creating sustained demand for advanced polyamide formulations.
MARKET OPPORTUNITIES
The emerging bio-based polyamide sector presents a significant growth opportunity as sustainability becomes a key purchasing criterion across industries. Manufacturers are investing heavily in developing nylon alternatives derived from castor oil, corn starch, and other renewable resources without compromising performance characteristics. These eco-friendly grades are gaining traction in automotive interiors, consumer goods, and textile applications where brands seek to reduce their carbon footprint.
COMPANY MISSION
The automotive sector remains a key driver for polyamide demand, as manufacturers increasingly adopt nylon-based components to reduce vehicle weight and enhance fuel efficiency. Polyamide 6 and Polyamide 6,6 are widely used in under-the-hood applications, electrical systems, and structural parts due to their high strength-to-weight ratio and thermal stability. With stringent emissions regulations pushing automakers to innovate, the demand for polyamide in this sector is expected to grow by 6.5% annually through 2032.
REGIONAL MARKET OUTLOOK
North America
The mature North American market demonstrates steady growth, particularly in high-value polyamide applications. The United States leads regional consumption with strong demand from the automotive sector, where polyamide replaces metal components in 35% of new vehicle models. Specialty grades like Kevlar find significant applications in defense and aerospace, supported by substantial R&D expenditure.
Europe
European demand reflects the region's focus on sustainability and high-performance materials. Germany and France account for nearly 60% of regional consumption, driven primarily by automotive and industrial applications. The EU's circular economy action plan is accelerating development of bio-based and recycled nylons, with major producers like Arkema and Evonik investing heavily in sustainable product lines.
COMPETITIVE LANDSCAPE
• Evonik Industries AG (Germany)
• Arkema SA (France)
• UBE Industries, Ltd. (Japan)
• BASF SE (Germany)
• Lanxess AG (Germany)
• EMS-Grivory (Switzerland)
These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics.
DOWNLOAD FREE SAMPLE PDF BROCHURE
About Us
Founded in 2015, 24chemicalresearch is a trusted name in global chemical industry intelligence. We specialize in delivering high-quality market research reports, empowering over 30+ Fortune 500 clients with data-driven insights for strategic growth. Our team of experienced analysts delivers customized, reliable, and timely research backed by a rigorous methodology. From mining regulatory trends to forecasting market opportunities, our reports help companies navigate industry challenges, stay competitive, and grow confidently.
As a one-stop platform for the chemical sector, we offer:
• Deep specialization in chemical market analysis
• Customized reports tailored to your needs
• A robust portal with free samples, consulting, and competitive insights
