According to the latest report, the global bio-polyamide market reached a value of US$ 134.5 Million in 2018. Bio-polyamide refers to a versatile bioplastic that is synthesized using renewable or bio-based raw materials like natural fats and oils. These polyamides exhibit high mechanical strength and thermal performance. They also are light weight, inexpensive, environment-friendly and recyclable. Excellent mechanical and thermal performance, low moisture absorption and strong chemical resistance are some of the other key characteristics of bio-polyamides. As a result, they are widely utilized across diverse industries including marine, textile, automotive and electronics in applications like powder coatings, sporting goods, automotive fuel lines, electrical cable jacketing, and flexible oil and gas pipes.
Market Trends:
As bio-polyamides are widely employed in the automotive industry, the escalating sales of automobiles, especially across the developing economies, has bolstered the growth of the market in these regions. Additionally, automobile companies are now focusing on the development of lightweight vehicles on account of stringent governmental regulations. They also have low-friction property which has led to their utilization in the production of gears, bushings and plastic bearings.
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Furthermore, owing to their non-abrasive nature, they are employed for manufacturing consumer goods such as toys and electronic products. Apart from this, an increasing trend of using natural and bio-based products is contributing to the sales of these polyamides. On account of the aforementioned factors, the global bio-polyamide market size is projected to reach US$ 266.9 Million by 2024, expanding at a CAGR of 12.1% during 2019-2024.
Table of Contents
1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.4 Market Estimation2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Bio-Polyamide Market5.1 Market Overview5.2 Market Performance5.3 Market Breakup by Product Type5.4 Market Breakup by Application5.5 Market Breakup by End-Use5.6 Market Breakup by Region5.7 Market Forecast5.8 SWOT Analysis5.9 Value Chain Analysis5.10 Porters Five Forces Analysis5.11 Price Analysis6 Market Breakup by Product Type6.1 PA-66.2 PA-666.3 Others7 Market Breakup by Application7.1 Industrial Plastics7.2 Fibers8 Market Breakup by End-Use8.1 Automotive8.2 Textiles and Sports8.3 Industrial Goods8.4 Films and Coatings8.5 Electrical and Electronics8.6 Others9 Market Breakup by Region9.1 Europe9.2 North America9.3 Asia Pacific9.4 Middle East and Africa9.5 Latin America10 Bio-Polyamide Manufacturing Process10.1 Product Overview10.2 Raw Material Requirements10.3 Manufacturing Process10.4 Key Success and Risk Factors11 Competitive Landscape11.1 Market Structure11.2 Key Players11.3 Profiles of Key Players11.3.1 Arkema11.3.2 Asahi Kasei11.3.3 BASF11.3.4 DSM11.3.5 Evonik Industries11.3.6 Domo Chemicals11.3.7 Lanxess11.3.8 SABIC11.3.9 Solvay11.3.10 Simona
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