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  Market Scope Polyamide 12 Market  is projected to be worth USD 498.3 Million by 2030, registering a CAGR of 6.7% during the forecast period (2021 - 2030). Market Boosters and Barriers Polyamide 12, a thermoplastic polymer, is developed from either ω-aminolauric acid or laurolactam. It has a number of applications in different end-use sectors including packaging, electric and electronic, automotive and consumer goods like leisure and sports equipment. It also finds use in exterior and interior designing, permanent antistatic components like conveyor belts and electrical housing. Considering the extensive application scope of the polymer, it is quite possible that the market demand should shoot up in the years ahead. Surge in the number of government initiatives can present lucrative opportunities to the players active in the global market in the ensuing years. In 2017, negotiations between the US government and the North American Free Trade Agreement worked in favor of the fo...