The global polyamide in electronic protection devices (EPD) market size is
expected to be valued at USD 502.8 million by 2025, according to a new report
by Grand View Research, Inc., exhibiting a CAGR of 3.2% during the forecast
period. Polyamide in EPD is a cost-effective and environment-friendly material.
It offers performance advantages such as abrasion and heat resistance, which
has been encouraging EPD manufacturers to replace other thermoset materials
with polyamides in EPDs.
Rapid industrialization and technological advancements pertaining to
infrastructure in developing nations are factors likely to boost the demand for
EPDs, and, in turn, trigger demand for polyamides in application areas such as
switch gears. Increasing utilization of electronic appliances, coupled with
high repair cost incurred due to short circuits at high temperature, is also
contributing to increasing adaptation of polyamides for shielding purposes in
these appliances.
Polyamide manufacturers are progressively trying to align their product
development strategies with ongoing trends in the electrical component market.
Consumers are switching to low-cost products without compromising on safety and
performance. Manufacturers of electrical protection devices are constantly
experimenting with different types of materials such as polystyrene, polyester,
and polybutylene. However, these efforts have failed to match the performance
results offered by polyamide.
DuPont, DSM, and BASF are front-runners in terms of innovation directed
to improve the characteristics and performance of polyamides catering to
electrical switchgear and appliances industries. BASF and DuPont have wide and
diverse product portfolios under the polyamide segment. The companies offer
polyamide 6 and 66 under various brands with distinctive and crafted
characteristics to suit EPD requirements.
Full research report on polyamide
in electronic protection devices (EPD) market analysis:
https://www.grandviewresearch.com/industry-analysis/polyamide-in-electronic-protection-device-epd-market
https://www.grandviewresearch.com/industry-analysis/polyamide-in-electronic-protection-device-epd-market
Further key findings from the report suggest:
·
Polyamide in EPD is expected to generate a
demand of 91.8 kilotons by the end of 2025
·
Asia Pacific recorded a consumption of 38.0
kilo tons of polyamide in 2016 to manufacture electronic protection devices and
emerged as the largest as well as the fastest growing region
·
Asia Pacific is one of the regions where
unsupervised blending of polyamides takes place. Blending of polyamide 6 and 66
is carried out in an unprescribed ratio, thereby altering the product demand
dynamics
·
As of 2016, Germany was the largest market
in Europe, accounting for over 33.0% of the market revenue as well as volume in
the region. Germany is also the largest market in Europe for electrical and
electronic products
·
In 2016, the MCB segment accounted for the
largest share in the global market, closely followed by MCCB. India and China
were the largest markets for polyamide in the EPD segment in the same year.
View more reports
of this category by Grand View Research at: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the global polyamide in EPD market on
the basis of product, device, and region as follows:
Polyamide in EPD
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
PA 6
·
PA 66
·
PA 4,6
·
High Temperature Polyamide
·
Polyphthalamide (PPA)
Polyamide in EPD
Device Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
MCB
·
MCCB
·
Relays
·
Contactors
·
Terminal Blocks
Polyamide in EPD
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
o U.S.
·
Europe
o Germany
o U.K.
o France
·
Asia Pacific
o China
o India
o Japan
·
Central & South America
·
Middle East & Africa
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-polyamide-in-electronic-protection-device-epd-market
https://www.grandviewresearch.com/press-release/global-polyamide-in-electronic-protection-device-epd-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
