Bio-polyamide Market Estimated to Exceed US$ 266.9 Million Globally By 2024: IMARC Group

Global BioPolyamide Market Research Report and Forecast 2024

Report Edition: 2019 © 2019 IMARC All Rights Reserved

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Global Bio-Polyamide Market Overview: The latest report by IMARC Group, titled “ Bio-Polyamide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-202 4 �, estimates that the global bio-polyamide market reached a value of US$ 134.5 Million in 2018. Biopolyamide 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.

Bio-Polyamide 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.

Report Description and Highlights

157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Million US$

In Million US$

Report Description

180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

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.

Request for a free sample report: https://www.imarcgroup.com/bio-polyamide-market/requestsample

Report Description and Highlights

Report Description

Furthermore, owing to their non-abrasive nature, they are employed for manufacturing consumer goods such as toys and electronic products. 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.

Key Market Segmentation: Market Segmentation by Product Type • • •

PA-6 PA-66 Others

On the basis of the product type, the market has been divided into PA-6, PA-66 and others. Amongst these, PA-6 represents the most popular product type.

For more information, click here: https://www.imarcgroup.com/bio-polyamide-market

Report Description and Highlights

Report Description

Market Segmentation by Application • •

Industrial Plastics Fibers

Based on the application, the market has been bifurcated into industrial plastics and fibers. Currently, industrial plastics account for the majority of the market share.

Market Segmentation by End-Use • • • • • •

Automotive Textiles and Sports Industrial Goods Films and Coatings Electrical and Electronics Others

On the basis of the end use, the market has been categorized into automotive; textiles and sports;

Report Description and Highlights

Report Description

industrial goods; films and coatings; electrical and electronics; and others. The automotive sector currently holds the dominant market share.

Market Segmentation by Region • • • • •

Europe North America Asia Pacific Middle East and Africa Latin America

On the geographical front, Asia Pacific holds the leading position in the market. Other major regions include North America, Middle East and Africa, Europe, and Latin America.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

Report Description and Highlights

Report Description • • • • • • • • • •

Arkema Asahi Kasei BASF DSM Evonik Industries Domo Chemicals Lanxess SABIC Solvay Simona

Browse Related Report Carbon Black Market: https://www.imarcgroup.com/carbon-black-market Frac Sand Market Report: https://www.imarcgroup.com/frac-sand-market

A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

Š 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com