Bio-Based & Synthetic Polyamides Market to Signify Strong Growth by 2024-2031

Bio-based & synthetic polyamide market is anticipated to grow significantly at a CAGR of 3.8% over the forecast period. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2021, Arkema announced the construction of a polyamide 11 powders plant in China., as they are widely used in demanding applications and provide an innovative solution for fast-growing markets such as, consumer, industrial, and electronic & electric markets.  Moreover, in June 2021, Solvay has globally launched Bio Amni, the first partially bio-based polyamide textile yarn developed by the company. This launched supports the growing trend of sustainable textile products. It consist of polyamide 5,6 which is primarily generated at the company’s textile industrial unit. 

Additionally, in March 2022,  Avinet launched Nymax Bio formulation, line-based polyamide materials, this new material includes 16 and 47 percent natural filler from renewable plant sources. The plant-based raw materials have been, shown to offer significantly lower product carbon footprint values than traditional petroleum-based feedstocks. 

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Market Coverage

• The market number available for – 2022-2031
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- by type, by end-user  

Regions Covered- North America, Europe, Asia-Pacific, Rest of the World

Competitive Landscape- Asahi Kesai Corp., Basf Se., Huntsman International LLC, Lanxess., Ube Industries., Domochemicals, and others and others.

Bio-Based & Synthetic Polyamides Market– Segmentation

By Type

• PA6
• PA66
• Others (pa10, pa11, pa12)

By End-User 

• Automotive
• Packaging
• Construction
• Electrical & electronics
• Textile
• Others (film & coating, industrial)

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 Bio-Based & Synthetic Polyamides Market – Segmentation by Region 

North America

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

• Latin America 
• Middle East & Africa

Company Profiles 

• AdvanSix Inc
• Arkema S.A.
• Ascend Performance Materials Operations LLC
• Domo Chemicals
• Dow Chemical Co.
• DSM 
• EMS Group 
• Evonik Industries AG
• Formosa Plastics Corp. 
• Grupa Azoty
• Koch Industries Inc.
• Meyer Plastics Inc.
• RTP Co.
• SABIC UK Petrochemicals Ltd.
• SK Functional Polymer
• Teijin Aramid BV
• Toray Industries Inc.

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