Egypt Bio-based & Synthetic Polyamide Market Outlook

biobased and synthetic polyamide market outlook for egypt is quite encouraging. despite economic turmoil in the country due to political unrest, the demand for biobased and synthetic polyamide has grown strongly over the past few years. this is mainly due to the rising demand for lightweight, durable and economical materials that can be used for a wide range of applications. additionally, the egyptian government has enacted a number of policies and plans in the area of renewable energy and sustainable environmental practices that has further fuelled the growth of this market. the major drivers of the egypt biobased and synthetic polyamide market include the rising application areas’ demand for biobased and synthetic polyamides, technological advancement in material science and engineering, cost efficiency, and environmental sustainability. with superior mechanical properties and an ability to be recycled, biobased and synthetic polyamides are preferred over conventional petroleum-based polymers in a number of applications. polyamides are used in many industries such as automotive, building & construction, electronics, healthcare, packaging, and home appliances. automotive is currently the leading application market for biobased and synthetic polyamides due to their superior mechanical properties and suitability to use in fuel tanks, protective components, and other members. building & construction, electronics, and healthcare markets are also expected to experience sustained growth over the coming years. in terms of production, oil seeds and agricultural waste are used as a base to produce biobased polyamides in egypt, while petrochemicals are used in the production of synthetic polyamides. although biobased polyamides provide superior mechanical properties and sustainability, they are more expensive when compared to synthetic polyamides. nonetheless, the government has taken number of initiatives to promote the use of biobased and synthetic polyamides in the country. this is expected to generate further growth in this market in the coming years. in conclusion, the future outlook for biobased and synthetic polyamides in egypt is quite positive and the market is expected to witness sustained growth over the forecast period 2018 to 2032.