HIGH PERFORMANCE POLYAMIDES MARKET ANALYSIS

Market News

Key Developments

• In May 2019, Evonik, one of the leading producers of specialty chemicals, the specialty chemicals company has already began construction of a new polyamide plant at Marl, Germany, to expand the production of transparent polyamides business.
• In Aug 2019, Domo Chemicals, global manufacturer of engineering materials, acquired the Solvay’s Performance Polyamides operation business in Europe. The deal includes products line of engineering plastics, high-performance fibers and polymers and intermediates operations in France, Spain and Poland. 
• In Oct 2019, Arkema, a global designer in engineering materials and coating solutions, started manufacturing of high performance polyamide 12 powders in the new production line of their plant in Mont, France. This polyamide 12 powders are put up under the brand name Orgasol.
• In Oct 2019, Ascend Performance Materials, announced its new performance polyamides at the K 2019 -Trade Fair for Plastics and Rubber, which includes High temperature polyamides (HTPA), Long-chain polyamides (LCPA) and Heat stabilized polyamide named, Vydyne XHT.
• In Jan 2020, Solvay, a global leader in chemical solutions business, introduced new performance polyamides grades under their existing product line Technyl Blue. This new range of polyamides are specifically designed for electric vehicles (EV).