Bio-Based & Synthetic Polyamides Market to see Rapid Growth by 2029

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 – 2022-2029

                 Base year- 2022

                 Forecast period- 2023-2029

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:

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