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Showing posts with the label Bio-Polyamide Industry

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 ove...