Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Types (PA 6, PA 66, Bio Polyamides & Specialty Polyamides), By Class (Aliphatic Polyamides, Semi-Aromatic & Aromatic Polyamides), By Application (Fibers, Wire & Cables, 3D Printing, Sports Equipment, Engine Components, Brakes & Transmission Parts, Household Goods & Appliances), By End-use (Automotive, Electrical & Electronics, Textile, Aerospace & Defense, Packaging, Consumer Goods) And Competitive Landscape
Product Code: ETC077843 | Publication Date: Aug 2021 | Updated Date: Apr 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
The Africa Polyamides Market is evolving at a faster pace with new trends as well as developments emerging in the sector on a regular basis. Growth in demand for eco-friendly and sustainable polyamide products is the latest trend in the industry. Consumers in the region are becoming environmentally conscious which enables manufacturers to respond to it by developing sustainable materials which decrease their carbon footprint it led to a rise in the use of bio-based and recycled polyamides, which lowers environmental impact. The rise in investment in R&D is another key development of the Africa Polyamides Industry. Companies in the sector are investing more in R&D in order to develop new grades with high-performance polymers so they can meet the particular requirements of many sectors. Players are collaborating with each other in the market which enables them to understand the preferences of their consumers more accurately and it helps in the Africa Polyamides Market Growth.Â
Africa Polyamides Market is expected to gain growth during the coming years. The African polyamide market is emerging as one of the fastest-growing polyamide markets. The demand for polyamides in the African region is primarily driven by excessive demand for PA6 and PA66 polyamides in the automobile and electronics industries. Moreover, the rise in the construction of commercial buildings has driven the growth of African polyamides market. Additionally, the expected increase in sales in the automobile industry will drive the demand for African polyamides market. However, the availability of raw materials for the production of polyamides is a serious concern which will affect the African polyamides market. Additionally, the volatile prices of crude oil will also affect the raw materials production which is used in manufacturing polyamides. The COVID-19 pandemic has affected the manufacturing of polyamides resulting in a decline in sales of polyamides. The export and import activities of polyamides are also affected due to the restrictions by the governments on international trade to contain the coronavirus. However, after the ease of restrictions on the lockdown, the African polyamide market is anticipated to grow substantially over the forecast period.
According to 6Wresearch, Africa Polyamides Market is anticipated to gain growth throughout the forecast period 2021-2027. South Africa dominates the African polyamides market contributing to the highest market share in the African polyamides market. This is due to the increase in the living standards of the people of South Africa. The demand for automobiles and highly durable consumer electronics are the growth drivers of the polyamides market in the country. Nigeria holds the second-largest market share in the African polyamide market. Nigeria is a developing country where the scope of increase in sales of automobiles will positively impact the overall demand for polyamides. Some of the key players in the African polyamide market are Gauteng Engineering Plastics (South Africa) and EGA Plastics (South Africa).
By type, the African polyamides market is divided into three segments, they are PA-6, PA-66, and bio & speciality polyamides. Among them, the PA-6 polyamides segment has a significant market share over the other segments and is expected to increase in the coming years. By class, polyamides are divided into aliphatic polyamides, semi-aromatic and aromatic polyamides. The aliphatic polyamides class is further classified into PA-11, PA-6,10, PA-6,9, PA-6,6, PA-4,6, etc. Additionally, PA-6T and PA-6I are further divided into semi-aromatic and aromatic polyamides classes. The aliphatic polyamides possess a major market share among the others and are anticipated to grow higher in the forecasting period. By application, polyamides are applied in the manufacturing of fabrics, cables & wires, sports equipment, 3D printing, engine parts, medical equipment, consumer electronics, etc. Whereas, the consumer electronics market is the fastest-growing sector and is expected to have a huge share of the African polyamide market. By end-use, the African polyamides market is segmented into textiles, food-packaging, consumer goods, automotive, construction, electrical & electronic industries. The automotive industry currently holds a major share and is anticipated to continue its growth in the future.
The Africa Polyamide Market report thoroughly covers the market by type, application and country including South Africa, Nigeria, Kenya and the rest of Africa. Africa Polyamide market outlook report provides an unbiased and detailed analysis of the ongoing Africa Polyamide market opportunities/high growth area, trends, and market drivers which would help the stakeholders to align their market strategies according to the current and future market dynamics.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Polyamides Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Polyamides Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Polyamides Market - Industry Life Cycle |
3.4 Africa Polyamides Market - Porter's Five Forces |
3.5 Africa Polyamides Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Polyamides Market Revenues & Volume Share, By Types, 2020 & 2027F |
3.7 Africa Polyamides Market Revenues & Volume Share, By Class, 2020 & 2027F |
3.8 Africa Polyamides Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.9 Africa Polyamides Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 Africa Polyamides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Polyamides Market Trends |
6 Africa Polyamides Market, 2017 - 2027 |
6.1 Africa Polyamides Market, Revenues & Volume, By Types, 2017 - 2027 |
6.2 Africa Polyamides Market, Revenues & Volume, By Class, 2017 - 2027 |
6.3 Africa Polyamides Market, Revenues & Volume, By Application, 2017 - 2027 |
6.4 Africa Polyamides Market, Revenues & Volume, By End-use, 2017 - 2027 |
7 South Africa Polyamides Market, 2017 - 2027 |
7.1 South Africa Polyamides Market, Revenues & Volume, By Types, 2017 - 2027 |
7.2 South Africa Polyamides Market, Revenues & Volume, By Class, 2017 - 2027 |
7.3 South Africa Polyamides Market, Revenues & Volume, By Application, 2017 - 2027 |
7.4 South Africa Polyamides Market, Revenues & Volume, By End-use, 2017 - 2027 |
8 Nigeria Polyamides Market, 2017 - 2027 |
8.1 Nigeria Polyamides Market, Revenues & Volume, By Types, 2017 - 2027 |
8.2 Nigeria Polyamides Market, Revenues & Volume, By Class, 2017 - 2027 |
8.3 Nigeria Polyamides Market, Revenues & Volume, By Application, 2017 - 2027 |
8.4 Nigeria Polyamides Market, Revenues & Volume, By End-use, 2017 - 2027 |
9 Kenya Polyamides Market, 2017 - 2027 |
9.1 Kenya Polyamides Market, Revenues & Volume, By Types, 2017 - 2027 |
9.2 Kenya Polyamides Market, Revenues & Volume, By Class, 2017 - 2027 |
9.3 Kenya Polyamides Market, Revenues & Volume, By Application, 2017 - 2027 |
9.4 Kenya Polyamides Market, Revenues & Volume, By End-use, 2017 - 2027 |
10 Rest of Africa Polyamides Market, 2017 - 2027 |
10.1 Rest of Africa Polyamides Market, Revenues & Volume, By Types, 2017 - 2027 |
10.2 Rest of Africa Polyamides Market, Revenues & Volume, By Class, 2017 - 2027 |
10.3 Rest of Africa Polyamides Market, Revenues & Volume, By Application, 2017 - 2027 |
10.4 Rest of Africa Polyamides Market, Revenues & Volume, By End-use, 2017 - 2027 |
11 Africa Polyamides Market Key Performance Indicators |
12 Africa Polyamides Market - Opportunity Assessment |
12.1 Africa Polyamides Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Polyamides Market Opportunity Assessment, By Types, 2020 & 2027F |
12.3 Africa Polyamides Market Opportunity Assessment, By Class, 2020 & 2027F |
12.4 Africa Polyamides Market Opportunity Assessment, By Application, 2020 & 2027F |
12.5 Africa Polyamides Market Opportunity Assessment, By End-use, 2020 & 2027F |
13 Africa Polyamides Market - Competitive Landscape |
13.1 Africa Polyamides Market Revenue Share, By Companies, 2020 |
13.2 Africa Polyamides Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |