Prismane

Global Bio-Polyamide (Bio-PA) Market Demand & Forecast Analysis, 2016-2032

Bio Polyamide Market Overview

Bio-polyamides are bioplastics that are derived from natural fats and oils (renewable resources). PA 11 is based on undecylenic acid while all other bio-polyamides are based on sebacic acid. PA 6, 10 and PA 10-10 are based on sebacic acid and are produced through the step-growth polymerization of the diacid with a diamine such as hexamethylene-diamine (C6) and decamethylene-diamine (C10). To produce PA11, undecylenic acid is brominated followed by reaction with ammonia that yields 11-aminoundecanoic acid which is further polymerized to form PA11. In general, all the bio-polyamides have excellent mechanical properties including high tensile strength, flexibility, toughness and good resilience and abrasion resistance. The major end-use applications include Transportation, Electrical & Electronics, Industrial Coatings, Oil & Gas, Consumer Goods, Textiles and Others. In 2021, the global production capacity for bio-polyamides was around 200 kilo tons, and the utilization rates for bio-polyamides, excluding polyamide 56, exceeded 85%. The inclusion of polyamide 56 capacity in China resulted in a decline in the overall utilization rates for bio-polyamides. However, it is anticipated that the global capacity will reach approximately 300 kilo tons by 2032, with significant capacity expansions expected in Asia. Between 2020 and 2025, Asia is projected to add around 30 kilo tons of bio-polyamide capacity, with a further increase to 65 kilo tons by 2032, primarily in China and the ASEAN region. China s emphasis on sustainability is anticipated to drive growth in the bio-polyamide market and the broader market for bioplastics/biodegradable polymers.

Bio Polyamide Supply Overview

Arkema was one of the largest Bio-PA producers globally having a capacity of around 55 kilo tons in the U.S., France, and China until Kasai Bio started operations at its 100 kilo tons Polyamide 56 facility in China. The company is also setting up a Bio-PA facility in Singapore to capture the fast-growing ASEAN and APAC markets. DSM and Evonik also produce bio-based specialty polyamides. Arkema accounted for around 28%% of the global Bio-PA capacity and has been exporting to several countries from its facilities in Europe and the USA. The polyamide 66 demand-supply crunch led to the development of polyamide 56 which is predominantly used in textile applications. Around 30 kilo tons of Capacity is expected to be added in Asia alone between 2020 and 2025. With further increase in demand, Prismane Consulting further speculates capacities up to 70 kilo tons to be added by 2032, mostly in China and the ASEAN region. China’s shifting focus towards more sustainable products will provide a big push not only to the Bio-PA market but all the bioplastics / biodegradable polymers market.
Bio-Polyamide Capacity By Company-2021 (Kilo Tons)
Bio-Polyamide Capacity By Company-2021 (Kilo Tons)

Bio Polyamide Application Overview

Bio-Polyamides are used in manufacturing of various automotive parts such as tubing, break liners, fuel lines due to its superior properties such as heat resistance and high strength. Bio-PA are lightweight compared to metal and rubber hence it also reduces weight of the vehicles. Bio-based polyamide is also used in manufacturing lightweight parts of airplanes. Transportation application accounted for around 1/4th of Bio-Polyamide demand in 2021 and it is further expected to grow at a CAGR of 5%. Between 2022-2032. Bio-Polyamides such as PA-11 and PA-12 have superior properties than that of Nylon 6,6 or Nylon 6. Due to its higher heat resistance and strength, it is used in premium cars and airplanes for light weighting. PA 11 and 12 can replace metal and rubber parts in cars resulting in weight reduction. Bio-based PA 11 and PA12 have almost three times higher impact strength, 7 times higher tensile strength and 4 to 5 times higher impact notched toughness. The growth opportunities for Bio-PA in the automotive industry are primarily linked with the industry’s drive for lower emission and increased fuel efficiency. Bio-PA also provides the option of replacement of metals with plastics to reduce the weight of the vehicle, achieving fuel efficiency. Unexplored opportunities of replacing metals in automotive, aerospace, industrial applications as well as electrical and electronics and global tightening of environmental regulations for automobiles to improve fuel mileage, control emission and reduce fuel permeation is expected to to drive the Bio-PA market.
Bio-Polyamide Demand Analysis, By Application - 2016-2032 (Kilo Tons)
Global Bio-Polyamide (Bio-PA) Market Demand & Forecast Analysis, 2016-2032

Bio Polyamide market in Asia Pacific

Asia-Pacific is the fastest growing consumer of Bio-PA accounting for over 50% of the global demand in 2021 and it is forecast to grow at 7.3% between 2022 and 2030 to cross 150 Kilo tons by 2032. As a result of the continued shift of electrical & electronic manufacturing and automobile production away from the mature markets to the developing regions in Asia-Pacific, Bio-PA demand in Asia-Pacific for electrical & electronics applications was estimated to be a around 5 kilo tons in 2021. In 2021, Electrical & Electronics accounted for almost 10% of regional demand. Textile was the largest application for Bio-PA in Asia Pacific region, mainly due to strong demand from China. Bio based PA-56 is majorly used in textile applications. Kasai Bio is the only producer of fully bio-based Polyamide 56 with an annual production capacity of 100 kilo tons. China accounts for more than 70% of the Asia-Pacific Bio-PA demand. The Chinese Bio-PA market is estimated to grow at a CAGR of 8% in the long-term forecast.
Asia Pacific Bio-Polyamide Demand, By Country - 2021 (Kilo Tons)
Asia Pacific Bio-Polyamide Demand, By Country - 2021 (Kilo Tons)

Scope of Report 

The Bio-Polyamide report describes the global Bio-PA market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Bio-PA Market data in terms of volume and value for each end-use 
   at regional and country level
•  Bio-PA Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Type
          -  Application
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2022
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      • Transportation
      • Electrical & Electronics 
      • Industrial Coatings 
      • Oil and Gas
      • Consumer Goods
      • Textile
      • Others 
5.  Introduction to Bio Polyamide and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global Bio Polyamide Demand Analysis, By Type, By Application, (Volume, Value) (2016–2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Bio Polyamide Market, By Type
          -  PA 11
          -  PA 12
          -  PA 46
          -  PA 56
          -  Others
      •  Global Bio Polyamide Market, By Application
          - Transportation
          - Electrical & Electronics 
          - Industrial Coatings 
          - Oil and Gas
          - Consumer Goods
          - Textile
          - Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  Bio Polyamide Market, By Type
      •  Bio Polyamide Market, By Application
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by type, by applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the types and applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      •  Bio Polyamide Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             - Arkema
             - Royal DSM N.V.
             - Evonik
             - DuPont
             - Ube Industries
             - Toray
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Bio-Polyamide report describes the global Bio-PA market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Bio-PA Market data in terms of volume and value for each end-use 
   at regional and country level
•  Bio-PA Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment