소비재용 폴리아미드 수지 복합재료 시장 보고서 : 동향, 예측, 경쟁 분석(-2030년)

Polyamide Resin Composites in Consumer Good Trends and Forecast

The future of the global polyamide resin composites in the consumer goods market looks promising with opportunities in the bicycle frame, knee brace, snowboard, ski boot, and bicycle wheels markets. The global polyamide resin composites in the consumer goods market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are the expansion of consumer electronics and appliances, along with the rising demand for lightweight and fuel-efficient vehicles.

• Lucintel forecasts that, within the resin type category, polyamide6 is expected to witness the highest growth over the forecast period.
• Within the application category, bicycle frames are expected to witness the highest growth.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the Polyamide Resin Composites in Consumer Good Market

The polyamide resins-based composites as a consumer market are maturing with changing trends fueled by key drivers such as sustainability, lightweighting personalization, and enhancement in functionality. Causative trends are the consumer things in the future that will be more efficient, green, and long-lasting.

• Heightened Attention towards Bio-Wise Materials: With the concern for the environment heightening, companies are adopting bio-based and recycled polyamides for their consumer goods to make them greener. These green alternatives are becoming high in demand given their renewability and the prospects of establishing a circular economy. Where polyamides are derived from biological sources such as plants or renewable feedstocks, this option appeals to eco-friendly consumers looking for products in the market.
• Lightweighting for Improved Performance Enhancement: Polyamide resins are applied for lightweighting of all categories of products, particularly household consumer electronics and sporting gear. In particular, the increasing number of polyamide composites has been a result of the increasing need for high-performance lightweight portable devices such as laptops and smartphones. Features of polyamide resins such as lightness render them ideal for use in products where design complexity and weight minimization are both essential, this results in better fuel economy of automotive products and better portability of electrical devices.
• Advancements in High-Performance Composites: High-performance polyamide composites filled with fiberglass, fiber carbon, and/or natural fibers are broadening the scope of such consumer products. Such advanced composites possess remarkable construction, heat, and erosion resistance which makes them suitable for harsh conditions. These easy-to-use materials which have improved mechanical properties have found application in products ranging from the most sophisticated electronic devices to sports equipment and protective wearables where their reliability and duration have been enhanced.
• Increasing Usage in Electronics and Smart Devices: Other than industrial or structural applications, polyamide composites are being used more often in consumer electronics, smartphones, laptops, and smart home electronics due to desirable characteristics such as heat resistance and strength beyond aesthetics. With the advancement in density, compactness, and miniaturization of electronic equipment, polyamides are being adopted as enclosures and other structural and housing parts. It is possible to gather that polyamide composites are preferred because of their ability to endure high temperatures and impacts thereby leading to the development of efficient electronic devices with a longer life span.
• Adoption in Wearable Technology and Fashioning: With the growing affection for geosynthetics and smart wearables, polyamide composites are fast becoming the materials of choice for developing components that are flexible, lightweight, and durable. The increase in the application of polyamide in the production of textile sportswear, smart textiles, and fitness trackers is due to its ability to be both flexible as well as tough. As these applications become more complex, the reliance on polyamide composites will increase greatly as it will be needed to make light, seamless, comfortable, and appealing to the eye's wearable technology.

These trends indicate how more polyamide resins-based composites are beginning to penetrate the masses. Virtually eliminating all their disadvantages with an accent on the more important factors such as sustainable development, lightweighting, and improved performance, these do create innovations in the different markets of Electronics, Textiles, Sporting Goods, etc., where these materials are used.

Recent Developments in the Polyamide Resin Composites in Consumer Good Market

The development of polyamide resins-based composites in the consumer market is characterized by performance improvement and sustainability and diversification of the applications. These trends are changing the dynamics of how manufacturers view product development, enabling new possibilities of consumer products in electronics, textiles, home appliances, and many other industries.

• Bio-Based Polyamide Resins: Several companies are shifting from normal petroleum-made polyamides to polyamides made from renewable resources like castor oil or corn. These bio-based resins are finding their way into end-use products such as textiles and electronic goods, where performance and environmental interactions are of concern. With bio-based polyamides, there is less dependence on fossil fuels and the possibility of making polyamines more sustainably without sacrificing their operational properties when compared to traditional structural polyamides.
• Adoption of Fiber Reinforced Polyamides: Fiber-reinforced polyamide consideration is also rapidly increasing towards a more consumer application inclusive of automotive parts, consumer electronic goods, and sports goods. Polyamides that incorporate glass, carbon leaves or aramid fibers have improved strength, rigidity, and resistance to failure making them suitable for structural features and high-performance items. These materials enable thinner, lighter, and stronger designs which are the main purpose of any product improvement.
• Polyamide Use in Wearables and Smart Textiles: The use of polyamide resins is also on the rise in polyamide composite-based wearables and smart textiles. This, in turn, makes these materials suitable in the varied areas of application such as fitness wearables, smart clothes, and medical gadgets. There is expected to be a rise in the development of polyamide composites in wearables due to the increasing market for these technologies.
• Polyamides that are Recycled and Sustainable: Recycling is becoming a trend even in the consumer market where say recycled polyamides are taken to make new products. This is because consumers request such solutions. Incorporating recycled polyamides in consumer products also helps the companies in minimizing wastage and production costs thus promoting manufacturing in a more eco-friendly way.
• Improvements in the Injection Molding Technology: For the sake of the consumers, the innovation of cables and computer case structures made of polyamide composite materials strives towards improvement in the efficiency of these materials and their processing techniques. These upgrades assist in producing more sophisticated and accurate parts more rapidly with less waste. This is vital in markets such as electronics where precision and economy are required.

These improvements to polyamide resins-based composites in the consumer market are helping create lighter, more durable materials for consumer goods in line with the rising trends for such materials. These changes are reinforcing firms to adopt towards both market innovation and sustainability.

Strategic Growth Opportunities for Polyamide Resin Composites in Consumer Good Market

The demand for lightweight, high-performance, and environmentally sustainable materials creates significant growth opportunities for polyamide resin-based composites in the consumer market. These opportunities span across industries such as electronics and textiles, leading to new ideas and developments in the market.

• Growth in Consumer Electronics: Polyamide-based composites have high market potential in the consumer electronics segment, especially for use in housings for smartphones, laptop covers, and connectors. These materials provide excellent thermal resistance, rigidity, and design versatility, making them suitable for even premium consumer electronics. With the increasing demand for electronics that are both highly durable and lightweight, it is expected that polyamides will dominate this market shortly.
• Growth in Wearable Technology: One of the biggest advantages of polyamide composites is their use in wearable technology devices, such as fitness bands, smartwatches, and other health-monitoring devices. These materials provide the required level of elongation, strength, and resistance to wear for use in wearables. As consumers increasingly seek a balance of functionality and comfort in gadgets, polyamide resins are poised to meet this demand.
• Developments in Textiles and Apparel: The use of polyamide composites is also growing in textiles, particularly in performance and activewear, as well as sporting and outerwear. Their flexibility, moisture-wicking properties, and durability make them highly functional for clothing. This trend is expected to continue as consumer preferences shift towards performance fabrics.
• Sustainable Packaging Solutions: The environmental impact of traditional packaging has led consumers to prefer alternative, more sustainable materials. Polyamide composites have made this shift possible. Their mechanical properties, flexibility, and wear resistance make them suitable for biodegradable or recyclable packaging. By adopting polyamide-based composites in their packaging, companies can gain a competitive advantage in the sustainable products market.
• Smart Household Appliances: The increasing application of polyamide composites in smart household appliances, such as washing machines, refrigerators, and kitchen gadgets, is noteworthy. These materials offer high performance and can withstand impacts and high temperatures, making them ideal for such applications. With the growing adoption of smart appliances, the market for advanced materials like polyamides will continue to rise.

The market for polyamide resin-based composites in the consumer sector presents ample growth opportunities, particularly in electronics, wearables, textiles, packaging, and household devices. The trends highlighted above confirm the increasing demand for efficient, high-performance, sustainable, and innovative products among consumers.

Polyamide Resin Composites in Consumer Good Market Driver and Challenges

The consumer goods market for polyamide resins-based composites has structures that act as both drivers and barriers to the growth of the market.

The factors responsible for driving the polyamide resin composites in the consumer goods market include:

• Rising Consumer Preferences for Durability and Performance: Consumers demand durable, long-lasting products in every sector, from electronics to clothing. Polyamide composites are useful for wear and thermal insulation, as well as strength needs, thus augmenting the demand.
• Technological Developments in Composite Production Processes: Polyamide composites are becoming easier and cheaper to make due to technological improvements in injection molding and fiber thermal processes. This, in turn, enhances their usage in more advanced consumer products.
• Social and Environmental Factors: Sustainability has gradually emerged as a determining factor in almost every industry. Consequently, the previously underutilized bio-based and recycled polyamide resins are becoming more widely used. Entrepreneurs are looking for green alternatives to comply with environmental demands and modern society's expectations.
• Advertising of New Polyamide Applications Due to the Emerging Demand for Electronics and Complex Wearables: The increasing need for lightweight and high-performance electronic appliances and wearables is expected to spur the growth of the polyamide composites market. Their application is rapidly expanding in durable, heat-resistant applications such as mobile phone cases, laptop inner parts, and fitness tracker devices.
• Material Cost Savings from Recycled Polyamides: The use of recycled polyamides not only reduces production costs but also helps maintain the efficiency of materials and products. Due to advancements in recycling technology and the growing consumer demand for sustainable products, companies are adopting these inexpensive and eco-friendly materials in the manufacture of products.

Challenges in the polyamide resin composites in the consumer goods market are:

• High Production Costs: Polyamide composites, such as fiber or bio-based reinforced composites, tend to be expensive to manufacture, thus limiting their effectiveness in certain consumer categories, especially in price-sensitive segments.
• Limited Awareness of Polyamide Benefits: Polyamide resins have great potential but have not yet been sufficiently exploited in some consumer markets. The first step is to address this knowledge gap. Educating consumers on the importance of polyamide is key to growth.
• Supply Chain Volatility: Raw materials used in the manufacture of polyamide composites are subject to supply source fluctuations, which can lead to delays or higher costs. This inconsistency makes the supply of basic materials a constraint for many manufacturers.

The polyamide-based composite market in the consumer sector is innovative, but it faces constraints in terms of production costs and supply chain factors. However, it is also driven by the need for sustainability, advancements in electronics, and the evolution of durability, all of which are informing the market's future growth.

List of Polyamide Resin Composites Companies in Consumer Good Market

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies polyamide resin composites companies in consumer good market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyamide resin composites companies in consumer good market profiled in this report include-

• BASF
• DSM
• DuPont
• LANXESS
• Solvay

Polyamide Resin Composites in Consumer Good by Segment

The study includes a forecast for the global polyamide resin composites in consumer good by resin type, application, and region.

Polyamide Resin Composites in Consumer Good Market by Resin Type [Analysis by Value from 2018 to 2030]:

• Polyamide6
• Polyamide66
• Polyamide46
• Others

Polyamide Resin Composites in Consumer Good Market by Application [Analysis by Value from 2018 to 2030]:

• Bicycle Frame
• Knee Brace
• Snow Board
• Ski Boot
• Bicycle Wheels
• Others

Polyamide Resin Composites in Consumer Good Market by Region [Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Polyamide Resin Composites in Consumer Good Market

The polyamide resin composites in consumer goods, which have great strength, flexibility, wear resistance, and heat resistance, are gaining more attention in the global consumer market. In search of these properties, these composites have been used recently in a variety of electronic materials, sports equipment, and domestic appliances, among others. Due to the increasing use of advanced lightweight and high-performance materials, leading countries such as the U.S., China, Germany, India, and Japan are now pursuing advanced polyamide composite materials. Most of these changes are in response to the growing demand from consumers for durable products and the need for more environmentally friendly solutions.

• United States: Despite limited opportunities for growth in the polyamide resin composites market in its existing applications in the U.S., there are promising opportunities for new developments. According to companies in the U.S., there is growing interest in developing reinforced polyamide composites that are stronger and made from recycled and bio-based materials. The increasing demand for strong and lightweight materials among manufacturers of consumer electronic devices, smartphones, laptops, and similar products has also led to the use of polyamide resins in housings and structural parts. There is a focus on performance materials for consumers, with no adverse environmental impact.
• China: In terms of polyamide plastics in the building materials market and general construction, China has significant market growth potential due to the consumption of affordable and efficient products across categories like electronics, automobile spare parts, and home appliances. Many industries have adopted polyamides for making electric enclosures, PPE, and consumer products because they offer good resistance to heat, chemicals, and abrasion. Given China's emphasis on environmentally friendly production, the appeal for bio-based and recycled polyamides is also increasing. This aligns with the country's overall aspirations to be environmentally conscious without compromising on the thermal and mechanical properties that are crucial for the finished products.
• Germany: The use of polyamide composites across a wide range of consumer products, such as electronics and sports goods, in Germany is a testament to the country's strong commitment to technology and environmental sustainability. Emphasis is also being placed on the use of bio-based polyamides and recycling technologies to improve the green credentials of the products among German manufacturers. Furthermore, polyamide resins are being enhanced with glass and carbon fibers to provide additional strength, durability, and heightened performance in harsh conditions. This development has led to a rise in the use of polyamide composites in consumer electronics, such as smartphone shells, tablet casings, and other high-performance devices.
• India: Due to the characteristics of polyamide-based composites, such as easier design and reduced weight without compromising strength, the polyamide consumer market is on the rise in India. Sectors like electronics, textiles, and consumer goods manufacturing are incorporating these materials. Thermal-resistant and impact-resistant polyamide composites are finding more applications in automotive parts, packaging, and other plastic household items, especially in the electronics market. Indian companies are developing competitive solutions for polyamide production, which will help target mass markets for polyamides in the country. Additionally, there is a shift towards replacing virgin polyamides with recycled ones and bio-based compostable polyamide composites, paving the way for cleaner environmental practices in India.
• Japan: Japan is at the forefront of incorporating advanced polyamide resin-based composites in consumer products, particularly in electronics, automobiles, and household items. Due to their exceptional heat, shock, and abrasion resistance, polyamide composites in Japan offer significant benefits in products like laptops, cameras, and other electronic devices. Kaneka has also ventured into the incorporation of bio-based polyamide resins to reduce pollution generated by these products. Japan is leading in the manufacturing of high-quality and environmentally friendly polyamide composites, as the region prioritizes innovation and green technology to meet the demands of consumers and environmental standards.

Features of the Global Polyamide Resin Composites in Consumer Good Market

Market Size Estimates: Polyamide resin composites in consumer good market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Polyamide resin composites in consumer good market size by resin type, application, and region in terms of value ($B).

Regional Analysis: Polyamide resin composites in consumer good market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different resin types, applications, and regions for the polyamide resin composites in consumer good market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyamide resin composites in consumer good market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the polyamide resin composites in consumer good market by resin type (polyamide6, polyamide66, polyamide46, and others), application (bicycle frame, knee brace, snow board, ski boot, bicycle wheels, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Polyamide Resin Composites in Consumer Good Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

• 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
• 3.2. Global Polyamide Resin Composites in Consumer Good Market Trends (2018-2023) and Forecast (2024-2030)
• 3.3: Global Polyamide Resin Composites in Consumer Good Market by Resin Type
  • 3.3.1: Polyamide6
  • 3.3.2: Polyamide66
  • 3.3.3: Polyamide46
  • 3.3.4: Others
• 3.4: Global Polyamide Resin Composites in Consumer Good Market by Application
  • 3.4.1: Bicycle Frame
  • 3.4.2: Knee Brace
  • 3.4.3: Snow Board
  • 3.4.4: Ski Boot
  • 3.4.5: Bicycle Wheels
  • 3.4.6: Others

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

• 4.1: Global Polyamide Resin Composites in Consumer Good Market by Region
• 4.2: North American Polyamide Resin Composites in Consumer Good Market
  • 4.2.1: North American Market by Resin Type: Polyamide6, Polyamide66, Polyamide46, and Others
  • 4.2.2: North American Market by Application: Bicycle Frame, Knee Brace, Snow Board, Ski Boot, Bicycle Wheels, and Others
• 4.3: European Polyamide Resin Composites in Consumer Good Market
  • 4.3.1: European Market by Resin Type: Polyamide6, Polyamide66, Polyamide46, and Others
  • 4.3.2: European Market by Application: Bicycle Frame, Knee Brace, Snow Board, Ski Boot, Bicycle Wheels, and Others
• 4.4: APAC Polyamide Resin Composites in Consumer Good Market
  • 4.4.1: APAC Market by Resin Type: Polyamide6, Polyamide66, Polyamide46, and Others
  • 4.4.2: APAC Market by Application: Bicycle Frame, Knee Brace, Snow Board, Ski Boot, Bicycle Wheels, and Others
• 4.5: ROW Polyamide Resin Composites in Consumer Good Market
  • 4.5.1: ROW Market by Resin Type: Polyamide6, Polyamide66, Polyamide46, and Others
  • 4.5.2: ROW Market by Application: Bicycle Frame, Knee Brace, Snow Board, Ski Boot, Bicycle Wheels, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Polyamide Resin Composites in Consumer Good Market by Resin Type
  • 6.1.2: Growth Opportunities for the Global Polyamide Resin Composites in Consumer Good Market by Application
  • 6.1.3: Growth Opportunities for the Global Polyamide Resin Composites in Consumer Good Market by Region
• 6.2: Emerging Trends of Global Polyamide Resin Composites in Consumer Good Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Polyamide Resin Composites in Consumer Good Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures of Global Polyamide Resin Composites in Consumer Good Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: BASF
• 7.2: DSM
• 7.3: DuPont
• 7.4: LANXESS
• 7.5: Solvay