Global Bio-Polyamide Market Outlook - 2025
The global bio-polyamide market reached a value of US$ 151 Million in 2019. Bio-polymides are a new class of bioplastics that are derived from renewable resources such as natural fats and oils. These materials are environment friendly and are used in many (demanding) applications such as automotive fuel lines, pneumatic air brake tubing, electrical cable jacketing, flexible oil and gas pipes, and powder coatings. Some novel applications include tooth brushes, carpets, tires, sporting goods (sports shoes and outdoor apparel), and electronic casings.
The global demand of bio-polyamides is currently exhibiting double-digit growth. A major driver is the fact that bio-polyamides have a unique property of low friction which proves to be favourable for many automotive products such as gears, bushings, and plastic bearings. A wide use of bio-polyamide has been noticed in the manufacturing of consumer goods such as toys, electronic goods and functions requiring high temperatures etc. The applications which possess a potential of high wear and tear can be enhanced by using bio-polyamide materials. Moreover, bio-polyamides also exhibit a superior environment profile as they are synthesised by combining renewable or bio-based raw materials such as castor oil and result in reduced greenhouse emission. Other factors driving the demand of bio-polyamides include excellent mechanical and thermal performance, strong chemical resistance, low moisture absorption, etc. Looking forward, the market value is projected to reach US$ 295 Million by 2025, expanding at a CAGR of 11.8% during 2020-2025.
Market Summary:
Market Breakup by Product Type:
Based on the product type, the market has been segmented as PA-6, PA-66 and others. PA-6 currently represents the biggest segment.
Market Breakup by Application:
Based on the application, the market has been segmented as industrial plastics and fibers. Industrial plastics currently represents the biggest segment.
Market Breakup by End-Use:
Based on the end-use, the market has been segmented into automotive, textiles and sports, industrial goods, films and coatings, electrical and electronics, and others. The automotive sector currently represents the biggest segment.
Regional Insights:
Region-wise, the market has been segmented into Europe, North America, Asia Pacific, Middle East and Africa and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of the global market.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Arkema, Asahi Kasei, BASF, DSM, Evonik Industries, Domo Chemicals, Lanxess, SABIC, Solvay and Simona.
This report provides a deep insight into the global bio-polyamide market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the bio-polyamide industry in any manner.
Key Questions Answered in This Report:
The global bio-polyamide market was worth around US$ 151 Million in 2019.
According to the estimates by IMARC Group, the global bio-polyamide market will exhibit strong growth during the next five years.
The spread of the coronavirus disease (COVID-19) and consequent lockdowns imposed by governments of several countries have temporarily halted operations of major end use industries of bio-polyamide. Consequently, the market is experiencing a decline.
The burgeoning automotive industry, in confluence with the escalating demand for electronic goods, represents one of the major factors bolstering the global bio-polyamide market growth.
Bio-polyamides are employed in the automotive industry across the globe. Due to stringent regulations implemented by governments of numerous countries to reduce greenhouse gas (GHG) emissions, automobile manufacturers are manufacturing lightweight vehicles, which represents one of the significant trends in the market.
On the basis of the product type, the market has been classified into PA-6, PA-66 and others.
The market has been bifurcated on the basis of the application into industrial plastics and fibers.
Based on the end use, the market has been categorized into automotive, textiles and sports, industrial goods, films and coatings, electrical and electronics, and other segments.
On the geographical front, the market has been segmented into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa.
Leading industry players are Arkema Group, Asahi Kasei Corporation, BASF SE, Koninklijke DSM N.V., Evonik Industries AG, DOMO Chemicals GmbH, LANXESS AG, SABIC, Solvay Group and SIMONA AG.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Bio-Polyamide Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by End-Use
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Price Analysis
5.11.1 Key Price Indicators
5.11.2 Price Structure
6 Market Breakup by Product Type
6.1 PA-6
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 PA-66
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Industrial Plastics
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Fibers
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End-Use
8.1 Automotive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Textiles and Sports
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Industrial Goods
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Films and Coatings
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Electrical and Electronics
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 Europe
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Bio-Polyamide Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Arkema
11.3.2 Asahi Kasei
11.3.3 BASF
11.3.4 DSM
11.3.5 Evonik Industries
11.3.6 Domo Chemicals
11.3.7 Lanxess
11.3.8 SABIC
11.3.9 Solvay
11.3.10 Simona
List of Figures
Figure 1: Global: Bio-Polyamide Market: Major Drivers and Challenges
Figure 2: Global: Bio-Polyamide Market: Sales Value (in Million US$), 2014-2019
Figure 3: Global: Bio-Polyamide Market: Breakup by Product Type (in %), 2019
Figure 4: Global: Bio-Polyamide Market: Breakup by Application (in %), 2019
Figure 5: Global: Bio-Polyamide Market: Breakup by End-Use (in %), 2019
Figure 6: Global: Bio-Polyamide Market: Breakup by Region (in %), 2019
Figure 7: Global: Bio-Polyamide Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 8: Bio-Polyamide Market: Price Structure (US$/Ton)
Figure 9: Global: Bio-Polyamide Industry: SWOT Analysis
Figure 10: Global: Bio-Polyamide Industry: Value Chain Analysis
Figure 11: Global: Bio-Polyamide Industry: Porter’s Five Forces Analysis
Figure 12: Global: Bio-Polyamide (PA-6) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Bio-Polyamide (PA-6) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Bio-Polyamide (PA-66) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Bio-Polyamide (PA-66) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16 Global: Bio-Polyamide (Other Product Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Bio-Polyamide (Other Product Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Bio-Polyamide (Industrial Plastics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Bio-Polyamide (Industrial Plastics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Bio-Polyamide (Fibers) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Bio-Polyamide (Fibers) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Bio-Polyamide (Automotive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Bio-Polyamide (Automotive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Bio-Polyamide (Textiles and Sports) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Bio-Polyamide (Textiles and Sports) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Bio-Polyamide (Industrial Goods) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Bio-Polyamide (Industrial Goods) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Bio-Polyamide (Films and Coatings) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Bio-Polyamide (Films and Coatings) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Bio-Polyamide (Electrical and Electronics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Bio-Polyamide (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Bio-Polyamide (Other End-Uses) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Bio-Polyamide (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Europe: Bio-Polyamide Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Europe: Bio-Polyamide Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: North America: Bio-Polyamide Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: North America: Bio-Polyamide Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Asia Pacific: Bio-Polyamide Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Asia Pacific: Bio-Polyamide Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Middle East and Africa: Bio-Polyamide Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Middle East and Africa: Bio-Polyamide Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Latin America: Bio-Polyamide Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Latin America: Bio-Polyamide Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Bio-Polyamide Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Bio-Polyamide Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Bio-Polyamide Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 3: Global: Bio-Polyamide Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: Global: Bio-Polyamide Market Forecast: Breakup by End-Use (in Million US$), 2020-2025
Table 5: Global: Bio-Polyamide Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Bio-Polyamide Manufacturing: Raw Material Requirements
Table 7: Global: Bio-Polyamide Market: Competitive Structure
Table 8: Global: Bio-Polyamide Market: Key Players