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Bio-Polyamide Market by Key Players, Growth, Regions and Forecast to 2025

The increasing demand for bio-polyamides from the automotive, electronic & electrical, and textile industries is projected to drive the market in the next few years. The Global Bio-Polyamide Market is anticipated to be valued at USD 327.3 million by 2025, according to a new report by Grand View Research, Inc.
 

Reduction in the carbon footprint is a major factor that has contributed to the extensive use of eco-friendly products in various sectors. The superior properties of bio-polyamides, such as their high chemical resistance, low moisture absorption, excellent mechanical properties, and high thermal stability, have driven their usage in various applications as compared to their petrochemical-derived alternatives.

Legislation pertaining to the use of renewable products in Europe and North America along with the increasing awareness about the environmental degradation caused by the extraction of petroleum derivatives are expected to propel the bio-polyamide market over the forecast period.

Synthetic surfactants are derived from petrochemicals. The stringent regulations enforced due to environmental concerns regarding the toxicity of synthetic surfactants are also likely to drive bio-polyamide market over the forecast period.

Massive investments made in the automotive, electronic, and textile industries are anticipated to influence the market growth positively in the next few years. Engineering plastics occupied the largest market share in 2016 and is projected to progress at the highest CAGR over the forecast period on account of its broad application scope

To Know More About Bio-Polyamide Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/bio-polyamide-market

The automotive segment of the market by end use is predicted to ascend at the highest CAGR in the next few years owing to the development of automobile technologies.

Top Players of Bio-Polyamide Market:

Key players in the market include Evonik Industries, Huntsman Corporation, Lanxess AG, Ube Industries, Ltd., and BASF SE.

Market Segmentation of Bio-Polyamide Market:

The Global Bio-Polyamide Market segmented on the basis of Product, Application, End Use, and Region.

By Product:

    PA-6
    PA-66
    Specialty Polyamides

By Application:

    Fiber
    Engineering Plastics

By End-Use:

    Textile
    Automotive
    Film & Coating
    Consumer Goods
    Industrial
    Electrical & Electronics

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Bio-Polyamide Market with Our Experts @ https://www.grandviewresearch.com/inquiry/928
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