Title: Bio-Polyamide, Specialty Polyamide & Precursors Market - Global Trends & Forecasts to 2019
1MarketsandMarkets Presents
- Bio-Polyamide Market
- Global Trends Forecasts to 2019
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2- The global bio-polyamide market, along with its
end products, has witnessed a linear growth in
the past few years and this growth is estimated
to increase in the coming years. The quality,
durability, lightweight nature excellent energy
absorbing property, an upsurge in the demand for
durable polyamide and the upcoming safety
regulations innovative techniques for its use
will be the key influencing factors for the
global polyamide market with the increased
emphasis on its different types and their
applications. - The bio-polyamide market is estimated to be
9,447.0 thousand tons by volume by 2019
signifying a firm annualized growth rate of over
4.1 from 2014 to 2019.
3-
- http//www.marketsandmarkets.com/Market-Reports/po
lyamide-precursors-market-29328940.html - Currently, the Asia-Pacific region is the largest
consumer of polyamide. Among all the countries in
the region, China and Japan lead the
bio-polyamide market, with the largest share in
the regional volumetric consumption in 2012. The
market volume of polyamide is comparatively low
in the ROW region, but is estimated to grow with
a moderate CAGR from 2014 to 2019.
4- Almost 36.2 of the total polyamide demand was
for the automotive segment in 2012, with
packaging application as the fastest growing
end-user segment. As an end-user, automotive is
the largest segment of polyamide, primarily due
to its high penetration in all the regions and
the increased demand for lightweight polyamide
from auto component manufacturers. - The Asia-Pacific and the European regions are the
most active markets in terms of strategic
initiatives, owing to their emerging and mature
market demands respectively. The automotive
end-user industry led this rapid growth in the
bio-polyamide market, backed by the global
automotive vehicle production which is estimated
to reach 81 million units in 2013.
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