Global Bio-Polyamide Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
"Global Bio-Polyamide Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global bio-polyamide market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bio-polyamide market report has been segmented on the basis of product, application, end-use, and region.
Bio-polyamide is an amide polymer manufactured using bio-based raw materials. These polymers are inexpensive and are referred as nylon, which exhibits versatile properties such as lightweight, renewability, recyclability, and non-abrasiveness. Bio-polyamide polymers find application in various industries such as automotive, consumer goods, electronics, sports equipment, and construction.
Rising demand for environment-friendly polymers used various end-use industries across the globe is expected to drive revenue growth of the bio-polyamide market over the forecast period. Growing automotive and electrical and electronics industries are expected to support revenue growth of the target market. Furthermore, properties of bio-polyamide such as ductility, electromechanical resistivity, recyclability, and creep resistance is expected to drive revenue growth of target market over the forecast period.
On the basis of application, the engineering plastics segment is expected to account major revenue share in the global bio-polyamide market. Growing demand for engineering plastics in automobile and electrical & electronics industry owing to its high strength-weight ratio and lightweight properties is expected to drive revenue growth of this segment over the forecast period.
Among end-use, the automotive segment is expected to account major revenue share in the global market and is expected to maintain its dominance over the forecast period. Rising demand for lightweight materials in the automotive industry to reduce the weight of the vehicle and improve efficiency, which is expected to drive revenue growth of this segment.
Asia Pacific market is expected to account major revenue share in the global bio-polyamide market and is expected to maintain its dominance over the forecast period. Presence of a large number of automotive manufacturers in the countries such as China, India, and Indonesia is expected drive revenue growth of Asia Pacific bio-polyamide market over the forecast period. Moreover, rising demand automobiles in the region owing to the increasing disposable income of consumers is expected to support revenue growth of the bio-polyamide market in the region. The Asia Pacific accounts for the major revenue share of the global bio-polyamide market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively. Europe bio-polyamide market is expected to grow at a higher rate over the forecast period. Increasing demand for passenger cars coupled with the presence of a large number of automotive manufacturers in the region is expected to drive revenue growth of the target market over the forecast period.
Market Segmentation and Key Players Operating in the Global Bio-Polyamide Market:
- PA 6
- PA 66
- Others (PA 10, PA 11, PA 12, etc.)
- Engineering Plastics
- Consumer Goods
- Film & Coatings
- Electrical & Electronics
- Others (textile, wires & cables, etc.)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- I. du Pont de Nemours and Company
- BASF SE
- Evonik Industries AG
- Ascend Performance Materials Inc.
- Ube Industries, Ltd.
- Arkema S.A.
- Lanxess AG
- Quadrant Engineering Plastics Products Inc.
- SK Group
- Radici Partecipazioni SpA
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