Global polyamide market is expected to witness significant growth due to its increasing consumption in major end-use industries such as automotive, machinery and consumer goods. Polyamide is widely used in automotive, textiles, packaging and electronics applications. Growing automotive production in countries such as China, Brazil, India, Mexico and Korea along with major manufacturing regions such as Western Europe, Japan and U.S. is expected to drive polyamide demand. Polyamide application in automotives includes airbag containers and engine covers. Growing importance for safety standards in automotives and subsequent legislations making airbags mandatory is expected to further strengthen polyamide demand. Polyamide holds good electrical, mechanical, and thermal properties.
http://www.grandviewresearch.com/industry-analysis/polyamide-market
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