Bio Polyamides Market- Recent Study Including Growth Factors, Regional Analysis and Forecast till 2023 by Key Players

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Bio Polyamides Market Research Report- Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Bio Polyamides Market - 2023
Global Bio Polyamides Market by Type (PA
6, PA 6, 6, and Specialty Polyamides), by
Application (Engineering Plastic, and Fiber), by
End Use (Automotive, Textile, Electronics
Electrical, Films Coatings, Consumer Goods,
Industrial, and Others), and Region - Forecast
till 2023 Market Research Future (MRFR)
recognizes the following companies as the key
players in the Global Bio Polyamides Market
Arkema Group, Evonik Industries, DowDuPont Inc.,
BASF SE, EMS-GRIVORY, Solvay S.A., Royal DSM NV,
Domo Chemicals, Radici Group, and Toray
Industries Inc. Market Highlights Commenting on
this report, an analyst from Market Research
Future (MRFR)s team said, the Global Bio
Polyamides Market was valued at USD 171.01
million in 2016 and is predicted to grow at 3.51
CAGR to reach USD 216.22 million by the end of
2023. Bio-polyamides consumption has gained
momentum due to its versatile nature and
stringent regulations on excess consumption of
synthetic polyamides. Growing automotive
industry, high adoption of Bio-Polyamides in end
use industries, versatile nature along with
superior properties associated with it drive the
growth of the market. Growing use of bio
polyamides in the consumer goods segment
anticipated to complement market growth over the
review period. Furthermore, due to fiber suitable
application of Bio-Polyamides, the textile
industry is expected to be the major contributor
to the growth of the market over the forecast
period.
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Bio Polyamides Market - 2023
Access Complete Report _at_ https//www.marketresea
rchfuture.com/reports/bio-polyamide-market-4440 S
egment Analysis The Global Bio Polyamides
Market is segmented into type, application, end
use, and region. On the basis of type, the global
market has been segmented into PA 6, PA 6, 6, and
specialty polyamides. Among all, PA 6 (polyamide
6) was the dominant segment and accounted for
64.30 in 2016 due to various properties such as
long term heat resistance, excellent surface
quality, and UV resistance. Based on the
application, the global market has been segmented
into engineering plastic and fiber. Engineering
plastic segment dominated the global market and
accounted for overall market share of 58.25 as
of 2016. The engineering plastic gained market
attraction in various end use industries owing to
their recyclability, electromechanical
resistivity, ductility, and creep resistance. The
automotive industry consume goods, industrial are
the key consumers of the engineering plastic and
accounted for majority revenue. Market
segmentation based on the end use includes
automotive, textile, electronics electrical,
films coatings, consumer goods, industrial, and
others. The others segment comprises sports
industry, and medical industry. The automotive
industry emerged as the market leader with the
highest consumption of 25.80 kilo tons bio
polyamides at a healthy CAGR of 3.10 as of 2016.
Regional Analysis The Global Bio-Polyamides
Market is segmented into five regions namely
North America, Europe, Asia Pacific, Latin
America, and the Middle East Africa. Among all
the regions, Asia Pacific was the largest market
for Bio Polyamides followed by North America and
Europe region. As of 2016, the region accounted
for 44 of the global market share and it is
likely to reach USD 96.39 million by 2023 growing
at CAGR of 3.70. North America is the second
largest market closely followed by Europe, which
is another growth attracting market. The region
registered the second largest automotive
production after China by complimenting regional
growth.
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Bio Polyamides Market - 2023
Market Dynamics 4.1 Introduction 21 4.2 Drivers
22 4.3 Restraints 26 4.4 Opportunities 27 4.5
Trends 27 Market Factor Analysis 5 Market
Factor Analysis 5.1 Supply Chain Analysis 28 5.2
Porters 5 Forces Analysis 29
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