Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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2022 –2029 |
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USD 275.27 Million |
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USD 447.09 Million |
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Global Bio Based Polyamide (PA) Market, By Type (Polyamide 6, Polyamide 6, 6, Polyamide 10, Polyamide 11), Precursor (CPL, ADA, HDMA), Material (Fiber, Plastics), Application Fiber (Fiber, Engineering plastics), End User (Textile, Automotive, Film and Coating, Consumer Goods, Industrial, Electrical & Electronics, Others) – Industry Trends and Forecast to 2029
The global bio based polyamide (PA) market is expected to witness significant growth during the forecast period. The “polyamide 66 bio polyamide” is the fastest growing type segment due to their huge application in engineering plastic, fiber, textile engineering, electrical and electronic industry over the forecast period. Furthermore, the demand for the bio based polyamide (PA) increases especially in the manufacturing of advanced equipment in industrial automation, and automotive industry. Among all these applications, the automotive industry has the fastest growing applications, expected to drive the bio-based polyamide market's growth over the forecast period.
Data Bridge Market Research analyses that the bio based polyamide (PA) market was valued at USD 275.27 million in 2021 and is expected to reach USD 447.09 million by 2029, registering a CAGR of 6.25% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Polyamide 6, Polyamide 6, 6, Polyamide 10, Polyamide 11), Precursor (CPL, ADA, HDMA), Material (Fiber, Plastics), Application Fiber (Fiber, Engineering plastics), End User (Textile, Automotive, Film and Coating, Consumer Goods, Industrial, Electrical & Electronics, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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BASF SE (Germany), DSM (Netherlands), Evonik Industries (Germany), Ascend Performance Materials (U.S.), DuPont (U.S.), Arkema (France), LANXESS (U.S.), Honeywell International Inc (U.S.), Invista (U.S.), Solvay (Belgium), Shenma Industrial Co., Ltd. (China), KRATON CORPORATION (U.S.), Mitsubishi Chemical Company Inc, (Japan), Green Dot Bioplastic (U.S.), Exxon Mobil Corporation (U.S.), Toray Industries Inc (Japan), KOLON PLASTIC INC (South Korea)
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Market Opportunities
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Market Definition
Bio-based polyamides are a new type of bioplastics which are produced from renewable resources such as natural fats and oils. These materials are eco-friendly and are used in several applications such as pneumatic air brake tubing, automotive fuel lines, electrical flexible oil and gas pipes, cable jacketing and powder coatings. Some novel applications involve tires, tooth brushes, carpets, sporting goods and electronic casings.
Drivers
Bio based polyamide (PA) are also used for the manufacturing of the fibres and these are produced in a variety of forms, as carpet filament, textile filament and as industrial filament, For instance, for ropes. However, for both staple fibres and continuous filament, spun from the molten bio based polymer at very high speeds and produced high quality material required for the several purposes in textile.
Increasing demand of bio based polyamide (PA) in automotive sector) to forms air intake manifolds, valve covers, engine covers, and airbag containers, as well as used for external components such as wheel covers, handles, grilles and fuel caps. These components can also use metal, but the bio based polyamide (PA) makes these components lighter as well as more fuel-efficient for cars and also cuts down the production costs.
Bio-based bio based polyamide (PA) is the bio based form of polyamide (PA) which are gaining traction due to the growing environmental concerns by the consumption of fossil fuel-based polyamide. These polyamide improved low moisture absorption rate, chemical resistance, and higher impact strength as compared to their traditional counterparts which have increased the usage of this bio based polyamide in several applications such as tires, sporting goods, cable jackets, carpets, and flexible gas and oil hoses. These factors are expected to drive the growth of the bio based polyamide (PA) market.
Bio based polyamide (PA) are also used for the manufacturing of the fibres and these are produced in a variety of forms, as carpet filament, textile filament and as industrial filament, For instance, for ropes. However, for both staple fibres and continuous filament, spun from the molten bio based polymer at very high speeds and produced high quality material required for the several purposes in textile.
Opportunities
The widespread applications of the bio-based polyamide (PA) in the packaging industry will act as one of the major factors for market growth. The increase in demand for bio based polyamide (PA) in several sectors such as, packaging, automotive, electrical and electronics, machinery, textiles, and consumer goods accelerate the market growth. The rise in the inclination towards bio based polyamide (PA) comparison to chemical based polyamide and metals in automotive air intake manifolds further influence the market and create lucrative opportunities for the market growth during the forecast period.
Moreover, the research and development activities positively affects the growth of the bio based polyamide (PA) market. Moreover, development is the increasing need for lightweight raw materials in the transportation and automobile sectors to extend beneficial opportunities to the market players during forecast period.
Restraints/ Challenges
Volatility in the prices of raw materials poses a major issue to the bio-based polyamide (PA) growth. Additionally, uneven availability of the raw materials at one specific location is demeaning the market's growth, which are the major market restraint for the market.
This bio based polyamide (PA) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bio based polyamide (PA) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
The bio based polyamide (PA) industry was unaffected by COVID-19 pandemic but the lockdowns during pandemic posed a number of problems for industry participants which is including logistical difficulties in shipping end goods, disrupted supply chains, and recruiting staff from quarantines. The coronavirus outbreak the government has imposed lockdowns that have temporarily disturbed the activities of several industries such as bio-based polyamide (PA) industry. Due to this pandemic, the growth of the bio based polyamide (PA) industry is in a downward spiral. Thus, COVID-19 left a major impact on the growth of the bio based polyamide (PA) market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
The bio based polyamide (PA) market is segmented on the basis of type, precursor, material, application fiber and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Precursor
Material
Application Fiber
End User
The bio based polyamide (PA) market is analysed and market size insights and trends are provided by country, type, precursor, material, application fiber and end user as referenced above.
The countries covered in the bio based polyamide (PA) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the bio-based polyamide (PA) market in terms of market share due to consumers' increasing disposable income and rising demand for automobiles in this sector.
Europe is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to rising demand for the lightweight polyamide from the manufacturers of auto component in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The bio based polyamide (PA) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bio based polyamide (PA) market.
Some of the major players operating in the bio based polyamide (PA) market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Bio Based Polyamide Pa Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Bio Based Polyamide Pa Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
