Bio-Polyamide Market Size – By Product (PA-6, PA-66, and Specialty Polyamides); By Application (Fiber and Engineering Plastics); By End-use (Textile, Automotive, Film & Coating, Consumer Goods, Industrial, Electrical & Electronics, & Others) & Region – Global Forecasts 2024 - 2034
- PUBLISHED ON
- 2024-06-12
- NO OF PAGES
- 231
- CATEGORY
- Chemicals & Materials
Market Overview
The Bio-Polyamide market is predicted to develop at a compound annual growth rate (CAGR) of 19.5% from 2024 to 2034, when it is projected to reach USD 924.75 Million in 2034, based on an average growth pattern. The market is estimated to reach a value of USD 238.68 Million in 2024.
SOURCE: We Market Research
Bio-polyamides
are derived from renewable sources like castor oil and offer high strength,
thermal resistance, and durability. These properties make them ideal for
applications in the automotive, electronics, textiles, and packaging
industries. The automotive sector, in particular, benefits from bio-polyamides'
use in lightweighting applications, which improve fuel efficiency and reduce
vehicle emissions.
The global
bio-polyamide market refers to the industry focused on the production,
distribution, and application of polyamides (nylons) derived from renewable
biological sources, such as castor oil. Bio-polyamides are a sustainable
alternative to traditional petroleum-based polyamides and offer similar or
enhanced performance characteristics, including high tensile strength, thermal
resistance, and durability.
The global
bio-polyamide market is characterized by its commitment to sustainability,
diverse application potential, and ongoing innovation aimed at overcoming
production and cost challenges. The market is expected to see robust growth
driven by increasing environmental awareness and regulatory pressures across
the globe.
Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 238.68 Million |
|
Market Forecast in 2034 |
USD 924.75 Million |
|
CAGR % 2024-2034 |
19.5% |
|
Base Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast Period |
2024-2034 |
|
Report USP
|
Production, Consumption, company share, company
heatmap, company production capacity, growth factors and more |
|
Segments Covered |
By Product, By Application, By End-use and By Region |
|
Regional Scope |
North America, Europe, APAC, South America and
Middle East and Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic
Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia;
Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa;
Nigeria |
Bio-Polyamide Industry: Dynamics & Restrains
We Market Research: Bio-Polyamide Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Bio-Polyamide Segmentation
Market- By Product Analysis
By Product, the Bio-Polyamide market is categories into PA-6, PA-66, and Specialty Polyamides. PA-66 segment currently dominates the Bio-Polyamide market share, accounting for around 52% as of 2024. Polyamide 66, also known as nylon 66, is another important bio-polyamide widely used in engineering applications requiring high mechanical strength, stiffness, and thermal stability. PA-66 is commonly used in automotive parts, electrical components, machinery, and consumer goods.
The
following segments are part of an in-depth analysis of the global Bio-Polyamide
market:
|
Market Segments |
|
|
By Product |
·
PA-6 ·
PA-66 ·
Specialty Polyamides |
|
By Application |
·
Fiber ·
Engineering Plastics |
|
By End-use |
·
Textile ·
Automotive ·
Film & Coating ·
Consumer Goods ·
Industrial ·
Electrical & Electronics ·
Others |
Bio-Polyamide Industry: Regional Analysis
Europe Market Forecast
Europe is one of the largest and fastest-growing markets for Bio-Polyamide. Europe is a leading market for bio-polyamides, characterized by stringent environmental regulations, strong emphasis on sustainability, and significant investments in research and development. Countries like Germany, France, Italy, and the Netherlands are major consumers and producers of bio-based materials, including bio-polyamides. The automotive, textile, and packaging industries are key drivers of demand for bio-polyamides in Europe.
Asia Pacific Market Statistics
Asia Pacific is
one of the fastest-growing markets for bio-polyamides, fueled by rapid
industrialization, urbanization, and increasing environmental concerns.
Countries like China, Japan, South Korea, and India are major contributors to
the demand for bio-polyamides in the region. The automotive, electronics, and
construction sectors drive the consumption of bio-polyamides in Asia Pacific,
supported by government initiatives to promote sustainable manufacturing
practices.
North America Market Forecasts
North America is
one of the key regions for the bio-polyamide market, driven by the presence of
major end-use industries such as automotive, electronics, and consumer goods.
The United States and Canada are significant contributors to the demand for
bio-polyamides in the region. Stringent environmental regulations and growing
consumer awareness of sustainability drive the adoption of bio-based materials
in North America.
Middle East & Africa Market Statistics
MEA region is witnessing growing interest in bio-based materials, including bio-polyamides, driven by environmental regulations, sustainability goals, and diversification of the petrochemical-dependent economy. Countries like the United Arab Emirates, Saudi Arabia, and South Africa are exploring opportunities in the bio-based materials market. However, the market for bio-polyamides in MEA may still be in its nascent stage compared to other regions.
Key Market Players
The Bio-Polyamide Market is dominated by a few large
companies, such as
·
BASF SE
·
DSM Engineering Materials
·
Arkema SA
·
DuPont de Nemours, Inc.
·
Evonik Industries AG
·
Lanxess AG
·
RadiciGroup
·
Solvay S.A.
·
EMS-CHEMIE Holding AG
·
Domo Chemicals GmbH
·
Toray Industries, Inc.
·
Aquafil S.p.A.
·
Toyobo Co., Ltd.
·
Asahi Kasei Corporation
· Huntsman Corporation
· Other
1.
Global
Bio-Polyamide Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Bio-Polyamide Market
Scope and Market Estimation
1.2.1. Global Bio-Polyamide Overall
Market Size (US$ Bn) and Volume (Tons), Market CAGR (%), Market forecast (2024
- 2034)
1.2.2. Global Bio-Polyamide Market
Revenue Share (%) and Volume Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Product of Global Bio-Polyamide
Market
1.3.2. Application of Global Bio-Polyamide
Market
1.3.3. End-use of Global Bio-Polyamide
Market
1.3.4. Region of Global Bio-Polyamide
Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Demand Supply Scenario
2.6. Market Dynamics
2.6.1. Drivers
2.6.2. Limitations
2.6.3. Opportunities
2.6.4. Impact Analysis of Drivers and
Restraints
2.7. Pricing Trends Analysis &
Average Selling Prices (ASPs)
2.8. Cost Tear Down Analysis
2.9. Key Developments
2.10. Porter’s Five Forces Analysis
2.10.1. Bargaining Power of Suppliers
2.10.2. Bargaining Power of Buyers
2.10.3. Threat of Substitutes
2.10.4. Threat of New Entrants
2.10.5. Competitive Rivalry
2.11. PEST Analysis
2.11.1. Political Factors
2.11.2. Economic Factors
2.11.3. Social Factors
2.11.4. Technology Factors
2.12. Value Chain / Ecosystem Analysis
2.13. Key Regulation
2.14. Production Process Overview
3.
Global Bio-Polyamide Market Estimates & Historical Trend Analysis (2019 - 2023)
4.
Global Bio-Polyamide Market Estimates & Forecast Trend Analysis, by
Product
4.1. Global Bio-Polyamide Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Product, 2019 -
2034
4.1.1. PA-6
4.1.2. PA-66
4.1.3. Specialty Polyamides
5.
Global Bio-Polyamide Market Estimates & Forecast Trend Analysis, by
Application
5.1. Global Bio-Polyamide Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Application, 2019
- 2034
5.1.1. Fiber
5.1.2. Engineering Plastics
6.
Global Bio-Polyamide Market Estimates & Forecast Trend Analysis, by
End-use
6.1. Global Bio-Polyamide Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by End-use, 2019 -
2034
6.1.1. Textile
6.1.2. Automotive
6.1.3. Film & Coating
6.1.4. Consumer Goods
6.1.5. Industrial
6.1.6. Electrical & Electronics
6.1.7. Others
7.
Global Bio-Polyamide Market Estimates & Forecast Trend Analysis,
by Region
7.1. Global Bio-Polyamide Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Region, 2019 -
2034
7.1.1. North America
7.1.2. Western Europe
7.1.3. Eastern Europe
7.1.4. Asia Pacific
7.1.5. Middle East & Africa
7.1.6. Latin America
8.
North
America Bio-Polyamide Market: Estimates & Forecast Trend Analysis
8.1.
North
America Bio-Polyamide Market Assessments & Key Findings
8.1.1. North America Bio-Polyamide
Market Introduction
8.1.2. North America Bio-Polyamide Market
Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019 - 2034)
8.1.2.1. By Product
8.1.2.2. By Application
8.1.2.3. By End-use
8.1.2.4. By Country
8.1.2.4.1. The U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Western
Europe Bio-Polyamide Market: Estimates & Forecast Trend Analysis
9.1. Western Europe Bio-Polyamide
Market Assessments & Key Findings
9.1.1. Western Europe Bio-Polyamide
Market Introduction
9.1.2. Western Europe Bio-Polyamide
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
9.1.2.1. By Product
9.1.2.2. By Application
9.1.2.3. By End-use
9.1.2.4.
By
Country
9.1.2.4.1.
Germany
9.1.2.4.2.
Italy
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Benelux
9.1.2.4.7.
Nordics
9.1.2.4.8. Rest
of W. Europe
10. Eastern Europe Bio-Polyamide
Market: Estimates & Forecast Trend
Analysis
10.1. Eastern Europe Bio-Polyamide
Market Assessments & Key Findings
10.1.1. Eastern Europe Bio-Polyamide
Market Introduction
10.1.2. Eastern Europe Bio-Polyamide
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
10.1.2.1. By Product
10.1.2.2. By Application
10.1.2.3. By End-use
10.1.2.4. By Country
10.1.2.4.1.
Russia
10.1.2.4.2.
Hungary
10.1.2.4.3.
Poland
10.1.2.4.4.
Balkan & Baltics
10.1.2.4.5. Rest of E. Europe
11. Asia Pacific Bio-Polyamide
Market: Estimates & Forecast Trend
Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1. Asia Pacific Bio-Polyamide
Market Introduction
11.1.2. Asia Pacific Bio-Polyamide
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
11.1.2.1. By Product
11.1.2.2. By Application
11.1.2.3. By End-use
11.1.2.4. By Country
11.1.2.4.1. China
11.1.2.4.2. Japan
11.1.2.4.3. India
11.1.2.4.4. Australia & New Zealand
11.1.2.4.5. South Korea
11.1.2.4.6. ASEAN
11.1.2.4.7. Rest of Asia Pacific
12. Middle East & Africa Bio-Polyamide
Market: Estimates & Forecast Trend
Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1. Middle
East & Africa Bio-Polyamide
Market Introduction
12.1.2. Middle
East & Africa Bio-Polyamide
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
12.1.2.1. By Product
12.1.2.2. By Application
12.1.2.3. By End-use
12.1.2.4. By Country
12.1.2.4.1. UAE
12.1.2.4.2. Saudi
Arabia
12.1.2.4.3. Turkey
12.1.2.4.4. South
Africa
12.1.2.4.5. Rest of
MEA
13. Latin America
Bio-Polyamide Market: Estimates &
Forecast Trend Analysis
13.1. Latin America Market Assessments
& Key Findings
13.1.1. Latin America Bio-Polyamide
Market Introduction
13.1.2. Latin America Bio-Polyamide
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
13.1.2.1. By Product
13.1.2.2. By Application
13.1.2.3. By End-use
13.1.2.4. By Country
13.1.2.4.1. Brazil
13.1.2.4.2. Argentina
13.1.2.4.3. Colombia
13.1.2.4.4. Rest of
LATAM
14. Country Wise Market:
Introduction
15. Competition Landscape
15.1. Global Bio-Polyamide Market Product
Mapping
15.2. Global Bio-Polyamide Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
15.3. Global Bio-Polyamide Market Tier
Structure Analysis
15.4. Global Bio-Polyamide Market
Concentration & Company Market Shares (%) Analysis, 2023
16. Company Profiles
16.1. BASF SE
16.1.1. Company Overview & Key Stats
16.1.2. Financial Performance & KPIs
16.1.3. Product Portfolio
16.1.4. SWOT Analysis
16.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
16.2. DSM
Engineering Materials
16.3. Arkema SA
16.4. DuPont de
Nemours, Inc.
16.5. Evonik
Industries AG
16.6. Lanxess AG
16.7. RadiciGroup
16.8. Solvay S.A.
16.9. EMS-CHEMIE
Holding AG
16.10. Domo Chemicals
GmbH
16.11. Toray
Industries, Inc.
16.12. Aquafil S.p.A.
16.13. Toyobo Co.,
Ltd.
16.14. Asahi Kasei
Corporation
16.15. Huntsman
Corporation
16.16. Others
17. Research
Methodology
17.1. External Transportations /
Databases
17.2. Internal Proprietary Database
17.3. Primary Research
17.4. Secondary Research
17.5. Assumptions
17.6. Limitations
17.7. Report FAQs
18. Research Findings & Conclusion
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Frequently Asked Questions
What is the market size of Bio-Polyamide Market in 2024?
Bio-Polyamide Market was valued at USD 238.68 Million in 2024.
What is the growth rate for the Bio-Polyamide Market?
Bio-Polyamide Market size will increase at approximate CAGR of 19.5% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the Bio-Polyamide Market are BASF SE, DSM Engineering Materials, Arkema SA, DuPont de Nemours, Inc., Evonik Industries AG, Lanxess AG, RadiciGroup and others.
Which region dominates the Bio-Polyamide Market?
Europe dominates the market with an active share of 40%.
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