Bio Polyamides Market Research
Report- Forecast to 2023
Market Research Future (MRFR) announces the publication of its research report –Bio Polyamides
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.
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, the Global
Bio Polyamides Market Trends 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
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. However, the global
growth of this market is restrained by unstable prices of raw material.
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