The global demand for Bio-Based Polyamide Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of 8.5% under the study period of 2022 - 2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2022-2028.
Bio-based polyamide is an amide polymer, containing repeating amide linkages i.e. –CO-NH– and is synthesized using renewable or bio-based raw materials. The usage of renewable raw materials improves carbon footprints and leaves a positive impact on the life-cycle assessment of plastic products. Additionally, it can be synthesized from the poly-condensation of a diacid with a diamine or by ring-opening polymerization of lactams with 6, 11 or 12 carbon atoms, yielding materials such as nylons, aramids, and others.
Rising demand for sustainable and environmentally friendly products across the various end-use industry is the major factor augmenting the market growth. The increasing demand for engineering plastic, lightweight and high-performance material across the automotive and aerospace industry is another major factor boosting the demand for bio-based polyamide. Further, rising investment by manufacturers in the development of sustainable products for various end-use applications is anticipated to fuel market presence in the years to come. However, higher prices, capital intensive and patent-protected technology may hamper the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of bio-based polyamide.
The entire bio-based polyamide market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Nylon 6
- Nylon 66
- Specialty Polyamides
This section covers regional segmentation which accentuates on current and future demand for bio-based polyamide market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Bio-Based Polyamide Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the bio-based polyamide market include BASF SE, DOWDUPONT, KONINKLIJKE DSM N.V., EVONIK INDUSTRIES AG, ARKEMA GROUP and Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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