Polyamides are polymers that can be used to structurally and characteristically replace metal, wood, glass, or ceramic in various applications. Polyamide has unique thermal, mechanical, electrical, and acoustic properties, which makes it a versatile product. It is a high-performance material that is available at a competitive price. Bio-based polyamide is in high demand as it is made from renewable and bio-based feedstock.
The burgeoning automotive industry is expected to boost the bio-polyamide market. The use of bio-polyamides in the automotive construction contributes to fuel savings and reduction in carbon emissions. Fuel savings can be higher than 50% when bio-polyamide structures are used in the manufacturing process. The Asia Pacific region is driving the global automotive industry due to changing lifestyle and rising disposable income. Furthermore, environmental-related regulations across developed regions are expected to drive the market for bio-polyamides. For instance, the corporate average fuel economy (CAFE) standards in the U.S. and European Union’s CO2 limits would put intense pressure on the automobile manufacturers to reduce the weight of the vehicle in order to reduce emissions. The expected CO2 limit in 2020 is pegged at 95g CO2/ km as compared to 130g CO2/ km in 2013. Furthermore, the growth of electrical & electronics industry across the globe is one of the major driving factors of the global bio-polyamide market. However, factors such as availability of raw materials and their price volatility are expected to hamper growth of the bio-polyamide market. Bio-polyamide is developed from monomers extracted from castor oil. India is the largest producer of castor seeds and accounts for over 80% of the global production, followed by China and Brazil. The surge in consumption of organic and natural products is expected to create lucrative growth opportunities for the global castor oil and derivative market in the next few years.
The global Bio-Polyamide market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Bio-Polyamide volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio-Polyamide market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Arkema
BASF
DOMO Investment Group
DuPont
Evonik Industries
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
PA 6
PA 66
PA 10
PA 11
PA 12
Others
Summary: Get latest Market Research Reports on Bio-Polyamide . Industry analysis & Market Report on Bio-Polyamide is a syndicated market report, published as Global Bio-Polyamide Market Research Report 2019. It is complete Research Study and Industry Analysis of Bio-Polyamide market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.