Bio-Based & Synthetic Polyamides Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted May 27, 2024 by mansi3210

Bio-based & synthetic polyamide market is anticipated to grow significantly at a CAGR of 3.8% over the forecast period.

 
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. 

To Request a Sample of our Report on Bio-Based & Synthetic Polyamides Market:  https://www.omrglobal.com/request-sample/bio-based-and-synthetic-polyamides-market

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)

A full Report of Bio-Based & Synthetic Polyamides Market is Available @  https://www.omrglobal.com/industry-reports/bio-based-and-synthetic-polyamides-market

 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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Media Contact:

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Issued By Mansi
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Categories Business , Industry , Manufacturing
Last Updated May 27, 2024