Polyamide 12 Market 2019– Premium Insight, Industry Trends, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2023
Polyamide 12 Market Highlights:
The Global Polyamide 12 Market is estimated to be valued at USD 1,419.2 Million by 2023 and record a CAGR of 5.23% during the forecast period. The growing use of carbon fibers and glass fiber reinforced polyamide 12 in the automotive industry is contributing to the growth of the global polyamide 12 market.
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Segmental Analysis:
According to MRFR analysis, the global polyamide 12 market has been segregated based on type, applications, and region.
Based on type, the global market has been classified into general grade, reinforced, plasticized, and others. Among these, the reinforced segment held the largest market share in 2018 due to the large-scale use of carbon fiber or fiberglass reinforced polyamide 12 in the aerospace & defense, and automotive industries. The segment is expected to grow at a CAGR of over 5% during the review period.
