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Nylon 66 Market

Global Nylon 66 Market was valued US$ 5.09 Bn in 2017 and is expected to reach US$ 6.70 Bn by 2026, at a CAGR of 3.1 % during a forecast period.

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Nylon 66 Market

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  1. Global Nylon 66 Market was valued US$ 5.09 Bn in 2017 and is expected to reach US$ 6.70 Bn by 2026, at a CAGR of 3.1 % during a forecast period. Nylon is one of the most popular and widely used engineering thermoplastic materials. It is cost-effective and it has excellent mechanical properties. Two different molecules (adipic acid and hexamethylene diamine) are combined to create repeat units of 6 carbon atoms, thus the name nylon 66. Nylon 66 is superior in many applications to nylon 6—the other large volume nylon—due to its outstanding dimensional stability, higher melting point, and more compact molecular structure. And, with a less open structure, the 66 fiber has good dye wash fastness and UV light-fastness, and excellent performance in high-speed spinning processes. Demand for nylon 6 has been increasing on account of its unique properties including high tensile strength, excellent resistance to abrasion and wrinkle proof with high elasticity and excellent luster, however, volatile price of crude oil is anticipated to impact the production costs of nylon 6 consequently hampering market growth owing to high price sensitivity of consumers. In terms of application, automotive application dominates the global market for nylon 66, due to its major share in the overall market. Increasing demand for automobiles on account of infrastructure improvements and rising consumer disposable income is anticipated to boost nylon 6 market growth over the forecast period. Shift towards fuel efficient and ecofriendly automobiles have encouraged application of nylon 6 in automobiles which is estimated to push market growth. Increase in production of electronic and electrical product is likely to influence the demand of the nylon 66 market. Based on grade, Resin-grade nylon 66 products are used in engineering plastic for the vehicle engine and engine mechanisms, this is another factor attributing growth in near future. The price of the nylon 66 material is increasing due to unavailability of resource, this is another factor contributing growth and demand in coming years. The resin grade segment is expected to record a significant growth rate during the forecast period. Geographically, The North America market is expected to be leading contributor to the global nylon 66 market. Major revenue shareholder is due to presence of major market players, technological innovations and relatively matures market for automotive industry. In terms of value and volume, the electrical & electronics segment is anticipated to expand at a rapid pace, followed by the automotive segment, between 2018 and 2026. Growth of

  2. automobile and packaging industries in Asia Pacific, is expected to drive nylon 66 market growth over the forecast period. The report covers a global and regional level estimation and analysis for the Nylon 66 market. The impact of the different market factors, such as drivers, restraints, and opportunities, challenges key issues SWOT analysis, and technology forecasting is also illustrated in the report. The Nylon 66 market report covers an in-depth study of global and regional market and market attractiveness analysis, wherein the application, grade, and regional segments are benchmarked based on their growth rate, general attractiveness, and market size. Key players operating in the global Nylon 66 market are UBE INDUSTRIES Ltd., BASF SE, Ascend Performance Materials LLC, Ensinger GmbH, LANXESS, Radici Group, Asahi Kasei Corporation, Royal DSM, Dow DuPont Inc., CELANESE CORPORATION, and EMS-GRIVORY, INVISTA, Honeywell international, Sabic, Rhodia, Libolon. Scope of Global Nylon 66 Market: Global Nylon 66 Market, by Grade: • Fiber • Resin Global Nylon 66 Market, by Application: • Textiles • Industrial/Machinery • Carpets • Automotive • Consumer Goods & Appliances • Carpets • Packaging • Films & Textiles • Others Global Nylon 66 Market, by Region: • North America • Europe • Middle East & Africa • Asia Pacific • Latin America Key Players Operating In Global Nylon 66 Market: • UBE INDUSTRIES Ltd.

  3. • BASF SE • Ascend Performance Materials LLC • Ensinger GmbH • LANXESS • Radici Group • Asahi Kasei Corporation • Royal DSM • Dow DuPont Inc. • CELANESE CORPORATION • EMS-GRIVORY, INVISTA • Honeywell international • Sabic • Rhodia • Libolon This Report Is Submitted By @Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact Us: Name: Lumawant Godage Organization: MAXIMIZE MARKET RESEARCH Email: sales@maximizemarketresearch.com Contact: +91 9607365656

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