Bio-Polyamide Markets: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 20, 2018--The “Bio-Polyamide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering.
The global bio-polyamide market was worth US$ 120.2 Million in 2017. Looking forward, the market value is projected to reach US$ 238.5 Million by 2023, expanding at a CAGR of 12.1% during 2018-2023.
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.
Based on the product type, the market has been segmented as PA-6, PA-66 and others. PA-6 currently represents the biggest segment.
Based on the application, the market has been segmented as industrial plastics and fibers. Industrial plastics currently represent the biggest segment.
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.
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
5 Global Bio-Polyamide Market
6 Market Breakup by Product Type
7 Market Breakup by Application
8 Market Breakup by End-Use
9 Market Breakup by Region
10 Bio-Polyamide Manufacturing Process
11 Competitive LandscapeArkema Asahi Kasei BASF DSM Evonik Industries Domo Chemicals Lanxess SABIC Solvay Simona
For more information about this report visit https://www.researchandmarkets.com/research/822d89/biopolyamide?w=4
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Related Topics:Engineering Plastics
INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/20/2018 06:58 AM/DISC: 12/20/2018 07:01 AM