The market demand for bio-based polyamide continues to grow and the industry development prospects are promising

Polyamide (PA), also known as nylon, refers to a type of polymer containing amide bonds (-NH-C(O)-) in the main chain of the molecule. It has good hygroscopicity, light weight, wear resistance, The corrosion resistance characteristics have been widely used in machinery, textiles, automobiles, electronics and other fields.

Bio-based polyamide refers to a polymer polyamide prepared from renewable biomass such as bio-based lactam, bio-based dibasic acid, bio-based diamine, etc. through biological or chemical means and polymerization reaction steps. The material has excellent characteristics such as greenness, environmental protection, flame retardancy, hygroscopicity, temperature resistance, and processability, and its application fields are constantly expanding.

Traditional polyamide materials are mainly refined from petroleum products and have a large demand for crude oil. However, crude oil, as a non-renewable resource, is currently facing the threat of resource depletion, so its raw material supply is highly uncertain. In contrast, the main raw materials of bio-based polyamides come from renewable plant-based raw materials, and the source of raw materials is stable and low-priced. In the future, under the background of continuous optimization of domestic energy structure and rapid development of low-carbon economy, bio-based polyamide has broad development prospects.

The currently commercialized bio-based polyamide products mainly include PA11, PA610, PA1010, PA410, etc. There are also a variety of bio-based polyamide products in the research and development stage, such as the new EcoPaXX material. Currently, bio-based polyamide has been widely used in textiles, electronics, automobiles, engineering materials and other fields, replacing some traditional polyamide materials. With its superior performance constantly highlighted, market demand continues to rise. According to the “Global Bio-based Polyamide Industry In-depth Market Research and Key Area Research Report 2023-2028” released by the Industrial Research Center , the domestic bio-based polyamide market demand in 2022 will be approximately 228,000 tons, a year-on-year increase of 54.6%.

Currently, driven by the continued growth in domestic market demand for bio-based polyamides, the number of companies in the market is increasing. Major companies include BASF, Arkema, DuPont, DSM, RadiciGroup, LANXESS, Evonik, and Solvay. and other leading international chemical companies, as well as local companies such as Cathay Biotech, Kingfa Technology, Yipin Biotech, and Yangmei Chemical Industry. Among them, Cathay Biotech is one of the leading local bio-based polyamide companies. Currently, under the background of continuous upgrading of its technology, its bio-based polyamide production capacity continues to increase. In 2022, its annual production capacity will exceed 120,000 tons.

Industry analysts People said that with the continuous rise of local leading companies in the future, Cathay Biotech is expected to break the foreign-invested chemical industry The leading position of the leader in the domestic market has promoted the continuous acceleration of the localization process in the domestic market, and the industry has huge room for growth. At present, my country has become the main producer and consumer of polyamide in the world. In the future, under the background of increasingly strict domestic environmental protection supervision and the rapid development of low-carbon economy, the process of replacing polyamide with bio-based polyamide will continue to accelerate, and the industry development prospects are promising.