Bio-Polyamide Industry 2015 – 2022 Share and Size, Key Trends, Vendor Strategies, Growth and Price, Regional Outlook & Forecasts
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Bio-Polyamide Market Analysis By Product, Application, EndUse And Segment Forecasts To 2022
The global bio-polyamide market is expected to reach USD 220.6 million by 2022. Growing demand for
environmental friendly, sustainable products across various end-use industries such as automotive and
consumer goods is expected to remain a key driving factor for global bio-polyamide market. In addition,
positive outlook on Asian automotive industry is also expected to have a positive influence on the
market growth. Favorable environmental regulations along with increasing focus on recyclable and
green products particularly in the U.S. and Europe have also spurred demand growth. However, high
cost of bio-polyamide compared to its synthetic counterpart is expected to remain a key challenge for
market participants.
PA-6 was the leading product segment and accounted for 47.4% of total market volume in 2014.
Growing demand for PA-6 particularly in automotive industry is expected to remain a key driving factor
for this segment. Global demand for specialty bio-polyamides is expected to exceed 5 kilo tons by 2022.
Browse Detail Report With TOC @ Bio-Polyamide Market
Further key findings from the study suggest:
Global bio-polyamide market demand was 21,411.4 tons in 2014 and is expected to reach 50,465.3 tons
by 2022, growing at a CAGR of 11.3% from 2015 to 2022.
Engineering plastics was the most dominant application and accounted for 60.7% of total market
volume in 2014. It is also expected to witness the highest growth rate of 11.5% from 2015 to 2022.
Hexa Reports
Market Research Reports and Insightful Company Profiles
Growing demand for light weight, high performance materials across aerospace and automotive
industries is expected to remain a key driving factor for this segment over the forecast period.
Automotive emerged as the leading end-use industry and accounted for one-third...
Market Research Reports and Insightful Company Profiles
Bio-Polyamide Market Analysis By Product, Application, EndUse And Segment Forecasts To 2022
The global bio-polyamide market is expected to reach USD 220.6 million by 2022. Growing demand for
environmental friendly, sustainable products across various end-use industries such as automotive and
consumer goods is expected to remain a key driving factor for global bio-polyamide market. In addition,
positive outlook on Asian automotive industry is also expected to have a positive influence on the
market growth. Favorable environmental regulations along with increasing focus on recyclable and
green products particularly in the U.S. and Europe have also spurred demand growth. However, high
cost of bio-polyamide compared to its synthetic counterpart is expected to remain a key challenge for
market participants.
PA-6 was the leading product segment and accounted for 47.4% of total market volume in 2014.
Growing demand for PA-6 particularly in automotive industry is expected to remain a key driving factor
for this segment. Global demand for specialty bio-polyamides is expected to exceed 5 kilo tons by 2022.
Browse Detail Report With TOC @ Bio-Polyamide Market
Further key findings from the study suggest:
Global bio-polyamide market demand was 21,411.4 tons in 2014 and is expected to reach 50,465.3 tons
by 2022, growing at a CAGR of 11.3% from 2015 to 2022.
Engineering plastics was the most dominant application and accounted for 60.7% of total market
volume in 2014. It is also expected to witness the highest growth rate of 11.5% from 2015 to 2022.
Hexa Reports
Market Research Reports and Insightful Company Profiles
Growing demand for light weight, high performance materials across aerospace and automotive
industries is expected to remain a key driving factor for this segment over the forecast period.
Automotive emerged as the leading end-use industry and accounted for one-third...