Bio-Polyamide Market Research Report, Size, Share, Trends and Forecast to 2021-2026

 According to the latest report by IMARC Group, titled “Bio-Polyamide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global bio-polyamide market reached a value of US$ 168.3 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 11.8% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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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. 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.

Bio-Polyamide Market 2021-2026 Competitive Analysis and Segmentation:         

Competitive Landscape With Key Players:

The competitive landscape of the bio-polyamide market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

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

Key Market Segmentation:

The report has segmented the bio-polyamide market on the basis of product type, application, end use and region.

Breakup by Product Type:

• PA-6
• PA-66
• Others

Breakup by Application:

• Industrial Plastics
• Fibers

Breakup by End-Use:

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

Breakup by Region:

• Europe
• North America
• Asia Pacific
• Middle East and Africa
• Latin America

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/bio-polyamide-market

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Key highlights of the report:            

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

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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, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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