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Bio-Polyamide Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2030 (Based on 2021 COVID-19 Worldwide Spread)
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The global bio-polyamide market in 2020 was approximately USD 169 million. The market is expected to grow at a CAGR of 13.7% and is anticipated to reach around USD 330 million by 2025. This market's growth is accelerating by the expanding automotive industry, the rising acceptance of bio-polyamides in the significant end-use industries, and the pliable design and excellent properties associated with bio polyamides.
A key driving factor driver is that bio-polyamides have an outstanding property of low friction, which is favourable for various automotive products such as bushings, gears and plastic bearings. In addition, restricted government controls on the over use of synthetic polyamides will support the growth of the industry. On the other hand, the moisture absorption leading to the degradation of properties is a factor likely to limit the market growth.
The market for bio-polyamide market is intensely competitive and is highly fragmented. The vendors in the bio-polyamide market compete based on product portfolio, product differentiation, applications, and the pricing of products. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their products. The key players in the market are Arkema, BASF, DOMO Investment Group, DuPont, Evonik Industries and Others.
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Based On The Type, The Global Bio-Polyamide Market Segmented Into
PA 6
PA 66
PA 10
PA 11
PA 12
Others
Based On The Application, The Global Bio-Polyamide Market Segmented Into
Textile
Automotive
Coating
Sports
Industrial
Electrical & Electronics
Based On The Type Of Region, The Global Bio-Polyamide Market Segmented Into
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]
Report Highlights
Global Bio-Polyamide Market sizes from 2017 to 2024
Market growth projections through 2024 and the resultant market forecast for 2024
Impact of the market dynamics including market drivers, restraints and opportunities in the market size
Key industry trends, product trends, and application trends
Major driving/ leading segmentations, regions and countries in the Global Bio-Polyamide Market
Competitive analysis with comprehensive company profiles of the leading industry players
In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
The Global Bio-Polyamide Market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2021 to 2030. The market segmentations include
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The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
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SUPPLY DEMAND MARKET RESEARCH
Mr. Charles Lee
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