Global BioPolyamide Market By Product Overview
Bio-Polyamide Market was valued at US$ 205.5 million in 2024 and is projected to grow at a CAGR of 15.40% to reach US$ 861.7 million by 2034.
Bio-polyamides are novel biopolymers made from sustainable materials such as natural fats and oils. These polymers are known as nylon, and they have a variety of beneficial qualities, including biocompatibility, reusability, and non-abrasiveness. Bio-polyamide is a polymer that is produced using bio-based raw materials or renewable raw materials, it is also known as amide polymer synthesizer depending on the chemical structure. Bio-Polyamides are engineering polymers based on renewable raw materials that combine a green chemistry approach with good mechanical and thermal properties. Bio based polyamides are a new class of bio plastics made from renewable sources such as natural fats and oils. Most of these bio amides are based on sebacic acid with the exception of polyamide also known as nylon or polyundecanolactam which is based on undesilanic acid. Bio polyamides 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 new applications include toothbrushes, carpets, tires, sporting goods (sports shoes and outdoor apparel), and electronic casings. The use of bio-polyamides in automotive helps to save money on gas and reduce carbon emissions, which is driving the trend of polyamides especially in e-mobility. Increasing application in textile engineering, engineering plastics, fiber, electrical and electronic industries is driving the demand for bio polyamide market.
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global BioPolyamide Market By Product Dynamics
Increasing demand for electrical vehicle and High cost of raw material
Increasing production applications in the packaging industry and growing demand for polyamides in various end-user industries such as electrical and electronics, automotive, construction and textile, are driving the business growth. Automotive sales are also increasing as the demand for electric vehicles and growing demand in the automotive industry for its good fuel-saving qualities and low carbon emissions are expected to fuel the growth of bio-polyamide. Lack of availability of raw materials such as castor oil, which is the primary raw material used in the production of bio-polyamides containing primary components such as undecanoic acid and sebacic acid, is expected to inhibit the production of bio-polyamide and is therefore restricted. Industry will not be able to meet the demand due to low production of market growth, High cost of raw materials also hampers the growth of the market.
Technological advancement
Manufacturers involved in the Bio-Polyamide market are developing advanced versions of their products due to new age technological advancements. Major bio-polyamide players are investing more in power systems and creating more modern, time-saving, cost-effective technologies that are positively impacting the bio-polyamide market. Changes in regulations favoring bio-polyamide are expected to boost the market, especially in developed countries. In May 2021, Pepsin-degradable plastics of bio-nylons from itaconic and amino acids. Chiral interactions were derived from the diastereomeric mixture of the racemic pyrrolidone ring and the chiral amino acid of leucine. As a result, the polyamides showed a glass transition temperature, Tg, of approximately 117 degrees Celsius and a melting temperature, Tm, of approximately 213 degrees Celsius, which was higher than conventional bio-nylon 11 (Tg of approximately 57 degrees Celsius).
Global BioPolyamide Market By Product Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Bio-Polyamide Market is segmented based on product, application, end user and region.
Bio-Polyamide Market, By Product
On the basis of product, the Bio-Polyamide Market is segmented into PA 6, PA 66, and Others. Nylon (PA) 6 and 66 are both synthetic polymers called polyamides, describing the type and amount of polymer chains in their chemical structure. Most nylons, including 6 and 66, are semi-crystalline and have good strength and durability for demanding applications. Polyamide 6, or polycaprolactam (PA6) is one of the major engineering thermoplastics. PA6 is tough, has excellent abrasion resistance, good chemical resistance, fatigue resistance, lubricity, impact strength, high strength and toughness.
Bio-Polyamide Market, By Application
On the basis of application, the target market is classified into Fiber and Engineering Plastics. Engineering plastics include polyamides used for skis and ski boots; Polycarbonates, used in motorcycle helmets and optical discs; and poly (methyl methacrylate) (PMMA, major brand names acrylic glass and plexiglass) used e.g. for taillights and protective covers. Bio-based polyamides are used in fibers because these materials have good mechanical properties that make them strong enough to be used in woven fabrics.
Bio-Polyamide Market, By End User
On the basis of end user, the Bio-Polyamide Market is segmented into Automotive, Consumer Goods, Film and Coatings, Electrical and Electronics, Industrial, and Others. The increasing demand for improving vehicles' fuel efficiency and weight reduction is a primary driver for the increasing application of bio-polyamides in the automotive sector.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the Bio-Polyamide Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Bio-polyamides are widely used in the North American region for various applications such as fibers, engineering and plastics which account for a large share of the global demand. Increasing use of bio-based polyamide materials is driving the growth prospects of this market.
Report Scope:
|
Attribute |
Details |
|
Market Size 2024 |
US$ 205.5 million |
|
Projected Market Size 2034 |
US$ 861.7 million |
|
CAGR Growth Rate |
15.40% |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Product - PA 6, PA 66, and Others By Application - Fiber and Engineering Plastics By End User - Automotive, Consumer Goods, Film and Coatings, Electrical and Electronics, Industrial, and Others |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Bio-Polyamide Market report based on Product, Application, End-user and region:
Bio-Polyamide Market, By Product:
- PA 6
- PA 66
- Others
Bio-Polyamide Market, By Application:
- Fiber
- Engineering Plastics
Bio-Polyamide Market, By End User:
- Automotive
- Consumer Goods
- Film and Coatings
- Electrical and Electronics
- Industrial
- Others
Bio-Polyamide Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global BioPolyamide Market By Product Key Players
The key players operating the Bio-Polyamide Market includes
- BASF SE BASF is one of the leading producers of polyamides intermediates and polyamides. BASF is the only company in the world that offers Polyamide 6 and Polyamide 6.6 as well as their raw materials.
- Evonik is one of the world leaders in specialty chemicals. Active in more than 100 countries worldwide, Evonik manufactures tires, mattresses, medicines or animal feed.Ascend Performance Materials Inc.
- Ube Industries, Ltd. UBE is the only manufacturer in Japan that manufactures Nylon 12 with integrated production from raw materials. This product is known as UBESTA. It is a unique material that combines the basic properties of nylon
- Arkema S.A. is a specialty chemicals and advanced materials company, At Arkema, the company develops intermediates required for manufacturing processes and the operation of industrial facilities. Our solvents, thinners, thickeners, reagents and reaction initiators are used in pharmaceuticals and cosmetology to produce plastics, pesticides, textiles, paints, rubber and more.
- Lanxess AG LANXESS is a leading specialty chemicals company, the company currently has around 13,200 employees in 33 countries. LANXESS' core business is the development, production and marketing of chemical intermediates, additives and consumer protection products.
- Honeywell International, Inc. It is an American multinational conglomerate that manufactures a variety of commercial and consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to large corporations and governments.
- SK Group As part of SK Group's petrochemical business division, it has grown and expanded to consolidate its position as a leading integrated petrochemical company, supplying a wide range of products from raw materials and complementary materials to advanced materials required in many industry sectors.
- Radici Partecipazioni SpA Group stands for vertical integration and full control of polyamide production, diversification into chemicals, high performance polymers and synthetic fibers and a global presence. On top of that, social value, ethical approach to work, respect for human rights and care for the environment.
- Huntsman Corporation Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals
Global BioPolyamide Market By Product Key Issues Addressed
Recent Development:
- In March 2022, Asahi Kasei targeted polyamide 66 polymerization with Bio-HMDA. Genomatica Inc. of Japan's Asahi Kasei. A strategic partnership involving biomass-derived feedstock-based hexamethylenediamine (HMDA) has also been formed. Asahi Kasei currently uses fossil fuel-derived HMDA as an intermediate to produce its Leona polyamide (PA) 66 grade.
- In September 2022, CD Bioparticles presents hydrophilic coatings for medical applications. CD Bioparticles, a leading manufacturer and supplier of various drug delivery products and services, recently introduced hydrophilic coatings and related services for medical applications, which can be used in cardiovascular, circulatory, nervous, urinary and vascular medical devices.
- In 2019, Evonik began construction of a new facility for polyamide 12, along with expanding production capacity for transparent polyamides.
Global BioPolyamide Market By Product Company Profile
- Evonik Industries AG*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ascend Performance Materials Inc.
- Ube Industries, Ltd.
- Arkema S.A.
- Lanxess AG
- Honeywell International, Inc.
- SK Group
- Radici Partecipazioni SpA
- Huntsman Corporation
- BASF SE.
“*” marked represents similar segmentation in other categories in the respective section
Global BioPolyamide Market By Product Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Products
- Key Thickness Insights
- Secondary Data
- Major Secondary Products
- Secondary Products
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Product
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- PA 6
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- PA 66
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Market Segmentation, By Application, 2022 – 2032, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Fiber
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Engineering Plastics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Market Segmentation, By End User, 2022 – 2032, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Automotive
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Consumer Goods
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Film and Coatings
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Electrical and Electronics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Industrial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Global Market, By Region, 2022 – 2032, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By End User, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By End User, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By End User, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By End User, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By End User, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Evonik Industries AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ascend Performance Materials Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ube Industries, Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Arkema S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lanxess AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Honeywell International, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SK Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Radici Partecipazioni SpA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huntsman Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Bio-Polyamide Market is segmented into basis of on product, application, End User and region.
Increasing production applications in the packaging industry and growing demand for polyamides in various end-user industries such as electrical and electronics, automotive, construction and textile, are driving the business growth.
Bio-polyamides are widely used in the North American region for various applications such as fibers, engineering and plastics which account for a large share of the global demand. Increasing use of bio-based polyamide materials is driving the growth prospects of this market.
The Key players operating in the Global Bio-Polyamide Market includes Evonik Industries AG, Ascend Performance Materials Inc., Ube Industries, Ltd., Arkema S.A., Lanxess AG, Honeywell International, Inc., SK Group, and Radici Partecipazioni SpA. Huntsman Corporation and BASF SE.