Press release
Bio-Based & Synthetic Polyamides Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031 | Asahi Kesai Corp., Basf Se., Huntsman International LLC, Lanxess., Ube Industries., Domochemicals
Bio-based & synthetic polyamide market is anticipated to grow significantly at a CAGR of 3.8% over the forecast period. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2021, Arkema announced the construction of a polyamide 11 powders plant in China., as they are widely used in demanding applications and provide an innovative solution for fast-growing markets such as, consumer, industrial, and electronic & electric markets. Moreover, in June 2021, Solvay has globally launched Bio Amni, the first partially bio-based polyamide textile yarn developed by the company. This launched supports the growing trend of sustainable textile products. It consist of polyamide 5,6 which is primarily generated at the company's textile industrial unit.Additionally, in March 2022, Avinet launched Nymax Bio formulation, line-based polyamide materials, this new material includes 16 and 47 percent natural filler from renewable plant sources. The plant-based raw materials have been, shown to offer significantly lower product carbon footprint values than traditional petroleum-based feedstocks.
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Market Coverage
The market number available for - 2022-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- by type, by end-user
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Asahi Kesai Corp., Basf Se., Huntsman International LLC, Lanxess., Ube Industries., Domochemicals, and others and others.
Bio-Based & Synthetic Polyamides Market- Segmentation
By Type
PA6
PA66
Others (pa10, pa11, pa12)
By End-User
Automotive
Packaging
Construction
Electrical & electronics
Textile
Others (film & coating, industrial)
A full Report of Bio-Based & Synthetic Polyamides Market is Available @ https://www.omrglobal.com/industry-reports/bio-based-and-synthetic-polyamides-market
Bio-Based & Synthetic Polyamides Market - Segmentation by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
AdvanSix Inc
Arkema S.A.
Ascend Performance Materials Operations LLC
Domo Chemicals
Dow Chemical Co.
DSM
EMS Group
Evonik Industries AG
Formosa Plastics Corp.
Grupa Azoty
Koch Industries Inc.
Meyer Plastics Inc.
RTP Co.
SABIC UK Petrochemicals Ltd.
SK Functional Polymer
Teijin Aramid BV
Toray Industries Inc.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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