
03:55 ET Polyamide Market to Reach $31.8 Billion, Globally, by 2034 at 4.8% CAGR: Allied Market Research

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Allied Market Research reports that the global polyamide market is projected to grow from $10.1 billion in 2010 to $31.8 billion by 2034, at a CAGR of 4.8%. The growth is driven by demand for lightweight, high-performance materials in automotive and electrical industries. However, environmental concerns and regulatory pressures pose challenges. Opportunities lie in developing bio-based and recyclable polyamide solutions. The PA6 segment is expected to dominate the market, maintaining a significant share due to its versatility and cost-effectiveness.
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