Bio-Polyamide Market: Size, Share, Growth, Demand, Top Companies, and Report 2022-2027 | Lanxess SABIC Solvay and Simona

SHERIDAN, WY, UNITED STATES, November 21, 2022 /EINPresswire.com/ -- The latest report by IMARC Group, titled “Bio-Polyamide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global bio-polyamide market size reached US$ 161.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 297.6 Million by 2027, exhibiting a growth rate (CAGR) of 10.7% during 2022-2027.

Industry Analysis:

Bio-polyamide is a synthesized polymer derived from bio-based or renewable raw materials such as natural fats and oils. It exhibits properties of renewability, recyclability, lightweight, and non-abrasiveness. It is also environmentally friendly and cost-effective, with excellent mechanical and thermal performance, low moisture absorption, and strong chemical resistance. As a result, bio-polyamide find application in automotive fuel line, pneumatic air brake tubing, electrical cable jacketing, powder coatings, and flexible and gas pipes. Nowadays, it is also used to manufacture sporting goods, electronic casings, toothbrushes, and carpets.

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Global Bio-Polyamide Market Trends: 

The market is primarily driven by the growing preference for eco-friendly and sustainable solutions across various industries. The significant expansion of the automobile, electrical and electronics, and textile sectors are fueling the growth of the bio-polyamide market. In the automotive industry, bio-polyamide is used to manufacture automotive parts like gears, bushings, and plastic bearings. In addition, the excellent processability, high mechanical strength, and thermal performance of bio-polyamide are also increasing its adoption in high-performance applications including, marine and electronic industries. Besides this, the growing demand for eco-friendly polymers that are synthesized from renewable raw materials and help reduce greenhouse emissions are significantly influencing the market growth. Furthermore, stringent regulations imposed by governments of various countries to control carbon emissions have resulted in the development of lightweight vehicles, thereby creating a positive outlook for the market. 

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Key Market Segmentation:

Competitive Landscape:

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

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

Based On Product Type:

PA-6 
PA-66
Others

Based On Application:

Industrial Plastics
Fibers

Based On End-Use:

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

Regional Insights:

Europe
North America
Asia Pacific
Middle East and Africa
Latin America

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: 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.

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About Us:

IMARC Group is a leading market research company that offers 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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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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IMARC Services Private Limited
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