Global High Heat (Heat Stabilized) Glass Reinforced Polyamide 66 Market: Overview
The global high heat (heat stabilized) glass reinforced polyamide 66 market forms a niche industry in itself. The market is currently at an incipient stage, and is expected to grow on the back of advances in the polymers and advanced materials sector. Fiber-reinforced composites are a type of engineered material, which exhibits high strength/weight and modulus/weight ratios compared with some metallic materials. Polyamide PA 66 was synthesized for the first time in 1935, its production began in 1938. Polyamide PA 66 is a product of polycondensation of adypic acid and hexamethylenediamine.
Polyamide PA 66 modifications are made with various additional additives: fiber, mineral fillers, fire retardants and different additives to be modified. They improve heat resistance, resistance, rigidity, impact force, water absorption and material combustibility. The benefits of mineral-filled compositions, showing increased rigidity, reside in materials filled with glass and mineral (total 30 to 45 per cent). These materials are intended for the construction of machinery, vehicle manufacturing, electrical engineering, furniture and consumer goods and other products.
This report gives an in-depth analysis of the global high heat (heat stabilized) glass reinforced polyamide 66 market, focusing on market opportunities and challenges, alongside the trends driving the market. The report identifies leading vendors operating in the global market, while outlining opportunities available for them.
Global High Heat (Heat Stabilized) Glass Reinforced Polyamide 66 Market: Trends and Opportunities
The reinforced polymer is extensively used to produce various parts of the tank radiator, engines and gearing, for example, under the hood equipment. Furthermore, the trend to install effective combustion engines has increased, subjecting plastic components to greater thermal loads under the hood. In addition to the above factors, due to the advanced transmission systems recommended by regulators, the demand for polyamides gains momentum.
Recently, Teknor Apex launched a new series of high-heat glass reinforced polyamide 66 compounds. This shows that a number of advanced polyamides that could meet the various application requirements will be developed in the short term. Creamid 240 H7.5 was named as the new polymides, which even after continuous service, maintained high levels of critical mechanical characteristics at 240 °. The new product portfolio also offers the rigidity and strength of very powerful engineering polymers, which is very important.
The commercial side of the high heat glass reinforced polyamide 66 industry is clearly favored by the launch of such compounds. Furthermore, polyamide 66 is very pronounced in its use in the automotive industry's under-the-hood components, which in turn has significantly boosted product demand.
Global High Heat (Heat Stabilized) Glass Reinforced Polyamide 66 Market: Regional Outlook
The global high heat (heat stabilized) glass reinforced polyamide 66 market has been segmented regionally into North America, South America, Asia Pacific, and the Middle East and South Africa. The high heat polyamide 66 reinforced glass market in Asia Pacific is expected to remain profitable during the forecast period. In-ground market growth would be significantly driven by increasing demand from countries like Japan, India, South Korean and China. As one of the world's largest automotive producers, China has a major market share. The high production of electronic products in this region means that South Korea is another important market.
Global High Heat (Heat Stabilized) Glass Reinforced Polyamide 66 Market: Competitive Landscape
Leading vendors in the global high heat (heat stabilized) glass reinforced polyamide 66 market are PolyOne, Dow Dupont Inc., Sabic, BASF, and Ascend Performance Materials etc.
The focus of vendors in the global high heat (heat stabilized) glass reinforced polyamide 66 market is anticipated be on continuous product development in the arena of advanced materials.
Market segmentation based on geography:
- North America
- South America
- Asia Pacific
- Middle East and Africa
This report gives access to decisive data, such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report include:
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.