PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1490304
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1490304
Polyamide in Electronics Protection Devices (EPD) Market size was valued at USD 540.28 million in 2023, expanding at a CAGR of 4.50% from 2024 to 2032.
Polyamide is commonly used in electronic protection Devices (EPDs) due to its excellent properties that make it suitable for such applications. EPDs, such as enclosures, casings, or protective coatings, require materials that can provide insulation, mechanical strength, thermal stability, and resistance to various environmental factors. polyamide offers a balance of properties that make it well-suited for use in electronic protection Devices, ensuring the safety and reliability of electronic systems in various applications
Polyamide in Electronics Protection Devices (EPD) Market- Market Dynamics
Growing product demand from construction and electrical and electronic industries are expected to drive the growth of the market
The construction sector plays a significant role in driving the demand for EPDs made from Polyamide. As the construction industry continues to grow, especially with infrastructure development projects and urbanization trends, the demand for Polyamide EPDs rises accordingly to protect electronic components in buildings, infrastructure, and other construction projects.
The electrical and electronic industries are major consumers of Polyamide EPDs.
Polyamide in Electronics Protection Devices (EPD) Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 4.50% over the forecast period (2024-2032)
Based on product type segmentation, PA 6 was predicted to show maximum market share in the year 2023
Based on application segmentation, MCB was the leading type in 2023
Based on region, North America was the leading revenue generator in 2023
The Global Polyamide in Electronics Protection Devices (EPD) Market is segmented based on Product Type, Application, and Region.
The market is divided into three categories based on product type: PA 6, PA 66, PA 4,6, High-Temperature Polyamide, and polyphthalamide (PPA). PA 6 segment dominates the market.
The market is divided into two categories based on application: MCB, MCCB, Relays, Contactors, and Terminal Blocks. MCB dominates the market.
Polyamide in Electronics Protection Devices (EPD) Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
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GLOBAL POLYAMIDE IN ELECTRONICS PROTECTION DEVICES (EPD) MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Royal DSM
Nilit Ltd.
BASF SE
Toray Industries, Inc.
Lanxess AG
EMS Chemie Holding AG
Huntsman Corporation
AdvanSix, Inc.
Ube Industries, Ltd.
INVISTA S.A.R.L
Ascend Performance Materials LLC
Goodfellow, Inc.
DowDuPont Inc
Others