Bio Polyamides Market 2019 - Size, Share, Trends, Growth and Forecast Analysis Report by Application and Region - Global Forecast 2023

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Bio Polyamides Market Research Report - Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Bio Polyamides Market Research Report- Forecast
to 2023
Bio Polyamides Market - Overview
Commenting on this report, an analyst from
Market Research Future (MRFR)s team said, the
Global Bio Polyamides Market was valued at USD
171.01 million in 2016 and is predicted to grow
at 3.51 CAGR to reach USD 216.22 million by the
end of 2023. Bio-Polyamides consumption has
gained momentum due to its versatile nature and
stringent regulations on excess consumption of
synthetic polyamides. Growing automotive
industry, high adoption of Bio-Polyamides in end
use industries, versatile nature along with
superior properties associated with it drive the
growth of the market. Growing use of bio
polyamides in the consumer goods segment
anticipated to complement market growth over the
review period. Furthermore, due to fiber suitable
application of Bio-Polyamides, the textile
industry is expected to be the major contributor
to the growth of the market over the forecast
period. However, the global growth of this market
is restrained by unstable prices of raw material.
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Bio Polyamides Market Research Report- Forecast
to 2023
Segmental Analysis
The Global Bio Polyamides Market is segmented
into Type, Application, End Use, and Region. On
the basis of Type, the global market has been
segmented into PA 6, PA 6, 6, and specialty
polyamides. Among all, PA 6 (polyamide 6) was the
dominant segment and accounted for 64.30 in 2016
due to various properties such as long term heat
resistance, excellent surface quality, and UV
resistance. Based on the Application, the
global market has been segmented into engineering
plastic and fiber. Engineering plastic segment
dominated the global market and accounted for
overall market share of 58.25 as of 2016. The
engineering plastic gained market attraction in
various end use industries owing to their
recyclability, electromechanical resistivity,
ductility, and creep resistance. The automotive
industry consume goods, industrial are the key
consumers of the engineering plastic and
accounted for majority revenue. Market
Segmentation based on the End Use includes
automotive, textile, electronics electrical,
films coatings, consumer goods, industrial, and
others. The others segment comprises sports
industry, and medical industry. The automotive
industry emerged as the market leader with the
highest consumption of 25.80 kilo tons Bio
Polyamides at a healthy CAGR of 3.10 as of 2016.
In this industry, Bio-Polyamides are used in
various applications such as engine components,
fuel lines, air break lines, multilayer tube
lines, and others. The textile industry was the
second largest consumer of Bio-Polyamides and has
been growing at the highest CAGR over the last
few years due to fiber suitable applications of
Bio Polyamides. Nevertheless, the consumer goods
segment is growing at 3.27 and emerged as highly
potential end use segment by representing dynamic
growth. This is due to the wider application area
of consumer goods industry coupled with
increasing usage of Bio-Polyamides in this
industry. Get PDF Brochure for more Professional
Technical Industry Insights https//www.marketr
esearchfuture.com/reports/bio-polyamide-market-444
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Bio Polyamides Market Research Report- Forecast
to 2023
Regional Outlook
The Global Bio-Polyamides Market is segmented
into five regions namely North America, Europe,
Asia Pacific, Latin America, and the Middle East
Africa. Among all the regions, Asia Pacific was
the largest market for Bio Polyamides followed by
North America and Europe region. As of 2016, the
region accounted for 44 of the global market
share and it is likely to reach USD 96.39 million
by 2023 growing at CAGR of 3.70. North America
is the second largest market closely followed by
Europe, which is another growth attracting
market. The region registered the second largest
automotive production after China by
complimenting regional growth. Whereas, European
regulations pertaining to CO2 emission and green
initiatives expected to offer lucrative growth
prospects in the coming years.
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Bio Polyamides Market Research Report- Forecast
to 2023
Major Players in this Research

• Bio Polyamides Market Prominent Players
• Arkema Group
• Evonik Industries
• DowDuPont Inc.
• BASF SE
• EMS-GRIVORY
• Solvay S.A.
• Royal DSM NV
• Domo Chemicals
• Radici Group
• Toray Industries Inc.

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