#Polyamide 6 Market

[chemanalystdata]

Polyamide 6 Market Size, Share to Grow at a CAGR of 4.60% by 2035

According to ChemAnalyst report, “Global Polyamide 6 Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, Over the forecast period, the Polyamide 6 market is expected to reach approximately 7200 thousand tonnes in 2035 at a CAGR of 4.60%. The Polyamide 6 market is expected to grow through the projected period to fulfil the rising demands from the Automotive, Electricals and Electronics, Textiles, General Industries, and others end-use sectors. 

Polyamide 6, also known as Nylon 6, is a semi-crystalline polymer. Caprolactam serves as a monomer for the synthesis of Polyamide 6. In this process. Caprolactam is heated at 553 K while being in the presence of inert Nitrogen. Caprolactam undergoes ring-opening in the process to form Polyamide 6. It displays excellent mechanical strength, stability under high pressure, resistance to oils, and chemicals. Additionally, Polyamide 6 is an excellent substitute to traditional rubber in the automotive industry. It shows insulating properties and flame resistance, making it a perfect material for making electrical components like computer motherboards, terminal blocks, and circuit breakers. Polyamide 6 has high tensile strength and used in textile industry for making fibre, fabric, ropes, tents, and more.

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Polyamide 6 is abrasion resistant, electric current resistant, and flame resistance due to which it is utilized to make parts of electronics such as, computer motherboards, terminal blocks, circuit breakers, enclosures for power tools, connectors for mobile phones. Moreover, Polyamide 6 is used in the automotive industry to manufacture lightweight vehicle parts such as fuel caps, doors, exterior mirrors, wheel coverings, airbag containers, and hydraulic clutch lines. Other applications of Polyamide 6 include fishing rod strings, musical instruments, fibers, machine guards, replacement parts, seals, switchgear, carpets, fabric, curtain, upholstery items, ropes & nets, painting brushes, conveyer belts, racket strings, tents, and others.

The Polyamide 6 market is segregated based on end-use, sales channel, and region. Across the globe, Asia Pacific is dominating as a consumer of the Polyamide 6 market. This region consumed approximately 34% of the global Polyamide 6 market. The Polyamide 6 demand by the Asia Pacific is primarily driven by its properties like resistance to abrasion and chemicals and find its application sin the automotive, electronics and electrical industry. Europe stands as the second largest consumer of Polyamide 6 market and is most likely to retain its position in the forecast period. On the global level, Asia Pacific has the largest number of production sites of Polyamide 6 with majority of the sites located in China.

Based on the end-user industry, the global Polyamide 6 market is segmented into Automotive, Electricals and Electronics, Textiles, General Industries, and Others. However, the Automotive industry is the dominating sector that consumed approximately with a market share of about 28% in 2022. Polyamide 6 is a more affordable and light-weight option compared to metals to manufacture automobiles. Therefore, the market for Polyamide 6 is anticipated to propel from the increased need for light-weight automobiles. The Electricals and Electronics Industry and the Textile Industry also holds prominent market share of Polyamide 6 and are anticipated to fuel the Polyamide 6 demand in the coming years.

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 “Global Polyamide 6 Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035”, Major players in the production of Global Polyamide 6 are Highshung Holding Group, Guangdong Xinhui Meida Nylon Co., Ltd., Formosa Chemicals & Fibre Corporation, LIBOLON, Dow Chemical, BASF SE, Fujian Jinjiang Technology, UBE Corporation, Royal DSM, LANXESS, KuibyshevAzot, and Others.

“The rapidly increasing demand for Polyamide 6 from Automotive, Electronics, and Textile industry is expected to drive the global Polyamide 6 market. The growing demand for Polyamide 6 due to its resistance to chemicals, acids, bases, high temperatures, electric current and abrasion-resistance makes it a suitable material for manufacturing parts of the automobiles and electronics. Polyamide 6 is a great alternative to rubber as it is more reliable and durable, driving the Polyamide 6 demand in the upcoming years “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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[wahid007posts]

Injection Molding Polyamide 6 Market Projected to Obtain USD 10.4 Billion by 2025

The global Injection Molding Polyamide 6 Market is projected to grow from USD 7.5 billion in 2020 to USD 10.4 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The major reasons for the growth of the injection molding polyamide 6 market include growing end-use industries such as automotive, electrical & electronics, industrial/machinery, consumer goods & appliances, and construction. Excellent properties of polyamide 6, such as high impact strength, good abrasion & wear resistance, excellent surface appearance, better processability, and low-cost when compared to other grades of polyamide such as polyamide 66 (PA 66), is driving the growth of the injection molding polyamide 6 market. There are various grades of polyamide 6 is available in the market, including glass fiber reinforced PA 6, carbon fiber reinforced PA 6, mineral filled PA 6, heat stabilized/flame retardant PA 6, and unreinforced PA 6. Among all these grades, glass fiber reinforced PA 6 is being extensively used in the automotive industry.

Browse 158 market data Tables and 41 Figures spread through 180 Pages and in-depth TOC on "Injection Molding Polyamide 6 Market”

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By grade, reinforced PA 6 is estimated to be the leading segment of injection molding polyamide 6 market from 2020 to 2025, in terms of value.

Based on grade, reinforced PA 6 accounted for a major share of the injection molding polyamide 6 market in 2020, in terms of value. This growth can be attributed to the high demand for reinforced PA 6 from end-use industries such as automotive, electrical & electronics, consumer goods, industrial/machinery, and construction. The reinforcing of polyamide 6 enhances its strength and other properties. Reinforced polyamide 6 offers high mechanical strength, thus, can replace metals in the machinery parts, when compared to unreinforced PA 6.

Thus, the high quality and availability of various grades of the reinforced PA 6 variants are considered as the key factor for its high demand.

By end-use industry, automotive is estimated to be the fastest-growing segment of injection molding polyamide 6 market

Automotive is expected to be the largest end-use industry of the injection molding polyamide 6 market during the forecast period. Injection molding polyamide 6 is extensively used as an efficient replacing metal parts in the automotive industry due to the ease of mass production as well as ease in molding it. Polyamide 6 is also cheaper in unit cost in comparison to metals, which makes it an affordable alternative. Injection molding polyamide 6 is used as a replacement for metals to produce interior and exterior automotive parts.

https://www.prnewswire.com/news-releases/injection-molding-polyamide-6-market-worth-10-4-billion-by-2025--exclusive-report-by-marketsandmarkets-301158699.html

Middle East & Africa is estimated to be the fastest-growing region in the global injection molding polyamide 6 market during the forecast period

The Middle East & Africa is estimated to be the fastest-growing region, in terms of value and volume, in the global injection molding polyamide 6 market. The growth of the Middle East & Africa is the market is majorly driven by the high demand for injection molding polyamide 6 from the automotive industry in the countries such as Saudi Arabia and South Africa.

DSM (Netherlands), BASF SE (Germany), DOMO Chemicals (Belgium), Radici Group (Italy), Lanxess Corporation (Germany), Toray Industries, Inc. (Japan), Sabic (Saudi Arabia), RTP Company (US), Ube Industries Ltd. (Japan), DuPont (US), AdvanSix (US), LyondellBasell Industries Holdings B.V. (Netherlands), ADDIPLAST GROUP (Italy), Grupa Azoty (Poland), AD Majoris (France), Adell Plastics Inc. (US), AKAY PLASTIK (Turkey), Shanghai Pret Composites Co. Ltd. (China), YUH-DEAN Enterprise Co., Ltd. (Taiwan), are some of the key players in the injection molding polyamide 6 market.

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[materialsscienceandengineering]

Research team develops process for bio-based nylon

In T-shirts, stockings, shirts, and ropes—or as a component of parachutes and car tires—polyamides are used everywhere as synthetic fibers. At the end of the 1930s, the name Nylon was coined for such synthetic polyamides. Nylon-6 and Nylon-6.6 are two polyamides that account for around 95% of the global nylon market. Until now, they have been produced from fossil-based raw materials. However, this petrochemical process is harmful to the environment because it emits around 10% of the climate-damaging nitrous oxide (laughing gas) worldwide and requires a great deal of energy. "Our goal is to make the entire nylon production chain environmentally friendly. This is possible if we access bio-based waste as feedstock and make the synthesis process sustainable," says Dr. Falk Harnisch, head of the Electrobiotechnology working group at the Helmholtz Center for Environmental Research (UFZ). The Leipzig researchers led by Falk Harnisch and Dr. Rohan Karande (University of Leipzig/Research and Transfer Center for bioactive Matter b-ACTmatter) have described how this can be achieved in an article published in Green Chemistry. For example, nylon consists of about 50% adipic acid, which has so far been industrially extracted from petroleum.

Read more.

[earaercircular]

Lyocell, milk fibre and pineapple leather: New textile fibres advertise sustainability. Few can keep their promises

Initiatives are many, the textile industry is in a frenetic state

Polyester causes microplastics, and the natural fibre cotton also has environmental damage in its luggage. No wonder some manufacturers are looking for alternatives. But they can at best be part of the solution.

When someone buries his/her underpants in the garden, it's not necessarily a sign of outlandish or disturbing preferences. It can also be just a slightly more entertaining test of soil quality, which the University of Zurich has even used scientifically. However, most of our clothes would probably emerge from the earth relatively unchanged after a few months, even if the soil in question contains enough beneficial organisms. Because most of our clothes are not biodegradable in the environment - often not even those made of supposedly more sustainable fibres.

“First of all, you have to differentiate between natural fibres that grow on bushes, stalks or trees and are already in fibre form, and man-made fibres,” says Anett Matthäi, who works on sustainable textiles at the engineering faculty of the Hof University of Applied Sciences[1] in Bavaria.

Up until the turn of the 19th and 20th centuries, clothing was always made of natural fibres, cotton, linen, wool or silk. Then, at the beginning of the 20th century, the first synthetic fibre was commercially manufactured: wood became viscose. In 1940, nylon was the first completely synthetic fibre to appear on the market. In the 1950s, the first items of clothing made of polyester were found in stores. Today, polyester is by far the most common material for clothing, accounting for 52 percent of global fibre production[2].

Polyester, cotton and viscose are harmful to the environment

Polyester[3], nylon[4], and other man-made fibres like polyamide[5], acrylic[6], and elastane[7] have advantages—they're cheap, and they use relatively little water to make. But their starting material is the finite raw material petroleum. And they contribute to plastic and microplastic pollution when they enter the environment.

And they do that on a significant scale: clothing loses fibres, during manufacture, during wear and during washing; In Switzerland, 650 tons of microplastics from textiles end up in the environment every year. And in countries like Chile or Ghana[8], old clothes collected abroad rot in huge landfills; some of them are washed into the sea. They will not rot in the ground or in salt water. Instead, like other plastic waste, they break down into smaller and smaller particles over time.

The second most important fibre on the market does not have this problem: cotton[9] is a natural fibre and biodegradable. But growing them requires a lot of fertilizer, pesticides and water. An estimated 3,700 or 4,700 litres of water are needed to produce one pair of jeans.

And viscose[10], which is made from renewable raw materials, also has its pitfalls. The cellulose from the wood of beech or eucalyptus is dissolved and the resulting so-called dope is pressed through nozzles to create the fibre. "You can imagine the process as making spaghetti from dough," says Matthäi, "only much finer, and the 'spaghetti' doesn't tear as quickly."

In this process, however, large amounts of toxic carbon disulfide and caustic soda are sometimes used. The same applies to modal, which is also made from cellulose. Bamboo viscose has therefore also fallen into disrepute. At first it was considered particularly sustainable because of the fast and pesticide-free growing raw material.

The production of lyocell does not require any toxic chemicals

Because neither viscose nor polyester nor cotton are really sustainable, manufacturers are looking for alternative fibres. And so there are now clothes made of materials with names like Lyocell[11] or PLA[12], bamboo viscose or soy silk, pineapple leather or milk fibre.[13] A lot of it sounds like nature. But the raw material alone does not make a fibre sustainable.

Lyocell is considered to be comparatively environmentally friendly, and the label often includes the brand name Tencel. It is also a so-called regenerated fiber that is chemically synthesized from renewable raw materials. But unlike classic viscose, the solvent used in lyocell is not toxic.

And lyocell is – just like classic viscose – biodegradable, i.e. it is broken down by microorganisms into CO2, water and minerals. A recently published study showed that this not only works in the garden, but also in the sea.

"Compostable" does not mean "biodegradable"

Scientists hung samples of different textiles in the sea for more than a year. The cotton samples then dissolved – no surprise, even from the cotton underpants buried in the garden only the seams and the elastic band are left after two months if the soil is healthy. The lyocell had also disappeared after months in the sea.

The sample made of PLA, a bioplastic that is also processed into textiles, was almost unchanged. PLA is the abbreviation of Polylactic Acid. It is made from fermented starch from sugar beets or corn, advertised as particularly sustainable and is officially compostable. But that does not mean that it is degraded in the environment.

Because in order to be able to call itself "compostable", the material only has to decompose within three months in an industrial composting plant. In this, however, there are completely different conditions of temperature, humidity and oxygen supply than in the garden - and even more so than in the sea.

“You cannot draw any direct conclusions from results on the compostability of a material as to whether it can also be decomposed by microorganisms in a different environment,” says Matthäi. "The conditions and the composition of the microorganisms are completely different." The study shows that bioplastics also contribute to the littering of the oceans with plastic.[14]

Soy silk, milk fibre and pineapple leather: new fibres have their pitfalls

It might be different with soy silk.[15] According to Matthäi, it is in principle biodegradable, but like viscose, manufacturing processes and chemical additives could impair its degradability. The material is often featured in reports on sustainable clothing, but only a few raw fabrics and yarns are available to knit yourself. According to the information provided, they are made from waste from tofu production in a closed cycle.

While soy silk[16] does not seem to play a role on the market so far, an Austrian underwear manufacturer has released the first models with another new material this spring: milk fibre[17]. It should be very comfortable to wear. How good it is for the environment depends on whether only dairy waste that is no longer suitable for consumption is processed. And it depends on which additives are needed to spin a fibre from the milk protein. However, the underwear manufacturer does not provide this information – and does not provide it later on request either.

Pineapple leather[18] is just one particularly exotic-sounding example of a non-animal and therefore supposedly sustainable alternative to leather. Other manufacturers use cork, mushrooms[19], apples[20], coffee, grapes, cacti or bananas as raw materials. But the naturalness usually doesn't go any further than that. Plastic is always involved, as a carrier material, adhesive or coating, and then often polyurethane[21].

Not all fibres can be recycled

The same applies to all fibres: even if a material is sustainable and biodegradable in itself, this is by no means necessarily the case with the finished garment. "A chemical change caused by dyeing or functionalisation - for example to make the clothing easy to iron or water-repellent - can impair biodegradability," says Matthäi. A small percentage of elastane, which many cotton dresses have, also has this effect.

And recyclability also suffers as a result. Pure natural fibres can be shredded mechanically, and the resulting shorter fibres can be spun again. This is often not possible with synthetics; recycled polyester is not made from reused clothing, but from PET bottles.

It's certainly better than oil, but – contrary to what the advertising suggests – it shouldn't be seen as a solution to the packaging waste problem. All the more so since PET is particularly easy to recycle and should serve better as a raw material for a new bottle than for a fleece jacket.

For Anett Matthäi, all these fibres alone cannot be the solution anyway. There is probably not enough cultivable land to produce the quantities of clothing currently made from polyester with clothing made from fibres from renewable raw materials. "In my opinion, the most important thing is that the consumption of materials is reduced overall," she sums up. Then, she believes, it would also be possible to produce enough materials from renewable raw materials or by recycling waste.

So before you bury your underpants in the garden, you should ask yourself whether you could still wear them for a while.

Source

Esther Widmann, Lyocell, Milchfaser und Ananasleder: Neue Textilfasern werben mit Nachhaltigkeit. Ihre Versprechen halten können die wenigsten, in Neue Zürcher Zeitung, 29-08-2023, https://www.nzz.ch/wissenschaftnachhaltige-textilfasern-wie-gut-sind-lyocell-co-wirklich-ld.1745536

[1] Hof University, German: Hochschule Hof, full name Hochschule für Angewandte Wissenschaften Hof, is a public non-profit business, media and technical vocational university founded in 1994 in Upper Franconia, Bavaria, Germany.

[2] Read also: https://www.tumblr.com/earaercircular/725160672165543936/scientists-develop-simple-way-to-recycle-polyester?source=share

[3] Polyester is a category of polymers that contain the ester functional group in every repeat unit of their main chain. As a specific material, it most commonly refers to a type called polyethylene terephthalate (PET). Polyesters include naturally occurring chemicals, such as in plants and insects, as well as synthetics such as polybutyrate. Natural polyesters and a few synthetic ones are biodegradable, but most synthetic polyesters are not. Synthetic polyesters are used extensively in clothing.

[4] Nylon is a generic designation for a family of synthetic polymers composed of polyamides (repeating units linked by amide links). Nylon is a silk-like thermoplastic, generally made from petroleum, that can be melt-processed into fibers, films, or shapes]: 2  Nylon polymers can be mixed with a wide variety of additives to achieve many property variations. Nylon polymers have found significant commercial applications in fabric and fibers (apparel, flooring and rubber reinforcement), in shapes (molded parts for cars, electrical equipment, etc.), and in films (mostly for food packaging)

[5] A polyamide is a polymer with repeating units linked by amide bonds. Polyamides occur both naturally and artificially. Examples of naturally occurring polyamides are proteins, such as wool and silk. Artificially made polyamides can be made through step-growth polymerization or solid-phase synthesis yielding materials such as nylons, aramids, and sodium polyaspartate. Synthetic polyamides are commonly used in textiles, automotive industry, carpets, kitchen utensils and sportswear due to their high durability and strength. The transportation manufacturing industry is the major consumer, accounting for 35% of polyamide (PA) consumption

[6] Acrylic fabric is made with plastic threads. The plastic threads are made of a manmade polymer fiber created from fossil fuels through a chemical process. Acrylic fabric is made in a way similar to the production of polyamide fabric (or nylon fabric) and polyester fabric.

[7] Spandex, Lycra, or elastane is a synthetic fibre known for its exceptional elasticity. It is a polyether-polyurea copolymer that was invented in 1958 by chemist Joseph Shivers at DuPont.

[8] Read also: https://www.tumblr.com/earaercircular/720260226679488512/hms-answer-about-the-dumped-clothes-article?source=share

[9] Read also https://www.tumblr.com/earaercircular/715379082096951296/the-type-of-cotton-matters-betting-on-more?source=share

[10] Rayon is a semi-synthetic fiber, made from natural sources of regenerated cellulose, such as wood and related agricultural products. It has the same molecular structure as cellulose. It is also called viscose. Many types and grades of viscose fibers and films exist. Some imitate the feel and texture of natural fibers such as silk, wool, cotton, and linen. The types that resemble silk are often called artificial silk.

[11] Lyocell is a semi-synthetic fiber used to make textiles for clothing and other purposes. It is a form of regenerated cellulose made by dissolving pulp and dry jet-wet spinning. Unlike rayon made by some of the more common viscose processes, Lyocell production does not use carbon disulfide, which is toxic to workers and the environment. Lyocell was originally trademarked as Tencel in 1982.

[12] Polylactic acid, also known as polylactic acid or polylactide (PLA), is a thermoplastic polyester.

[13] Read also: https://www.tumblr.com/earaercircular/721296904220196864/joline-jolink-makes-biodegradable-fashion?source=share

[14] Read also: https://www.tumblr.com/earaercircular/656486012918333440/fashion-brands-are-diving-into-ocean-plastic-but?source=share

[15] With the softness of silk, soy fabric or “vegetable cashmere” is one of the world’s most eco-friendly fabrics. Produced using soy protein derived from the hulls of soybeans, this intriguing textile takes a waste product and transforms it into a usable textile with minimal use of toxic chemicals and limited processing. Soy fabric has excellent drape, and it is highly elastic. While this textile dyes well, colors sometimes bleed during the first few washings. Though reasonably prone to pilling, soy fabric does not wrinkle, and it doesn’t shrink. https://sewport.com/fabrics-directory/soy-fabric

[16] Soy silk has similar properties to animal silk: it has a smooth, soft structure, a shimmering shine, it is temperature regulating has high moisture absorption. Unlike conventional silk, it hardly creases and is completely biodegradable… https://www.glore.de/Materiallexikon/Sojaseide/

[17] Milk protein fibers are synthetic fibers made from the milk protein casein. In 2011, the new fiber made headlines as a particularly ecological alternative to cotton. Casein fibers have been known since the 1930s. Designer Anke Domaske developed the new milk fiber Qmilk together with the Fiber Institute Bremen. For the production, casein powder is heated together with other natural ingredients and drawn into threads through a nozzle. Only 2 liters of water are needed to produce 1 kg of milk fibre. On the other hand, in the production of cotton textiles, 10,000-25,000 liters are used for 1 kg of fabric. Every year in Germany alone, 1.9 million tons of milk have to be disposed of because it is no longer suitable for consumption. It still contains valuable ingredients and offers great potential for technical purposes. https://www.glore.de/Materiallexikon/Milchfaser/

[18] Piñatex is a non-biodegradable leather alternative made from cellulose fibres extracted from pineapple leaves, PLA (polylactic acid), and petroleum-based resin. Piñatex was developed by Dr Carmen Hijosa and first presented at the PhD graduate exhibition at the Royal College of Art, London. Piñatex is manufactured and distributed by Hijosa's company Ananas Anam Ltd.

[19] Read also: https://www.tumblr.com/earaercircular/667314088734507008/mushrooms-as-raw-material-for-leather-accessories?source=share

[20] Read alsop: https://www.tumblr.com/earaercircular/677442405046321152/we-make-a-sneaker-out-of-apples?source=share

[21] Polyurethane refers to a class of polymers composed of organic units joined by carbamate (urethane) links. In contrast to other common polymers such as polyethylene and polystyrene, polyurethane is produced from a wide range of starting materials. This chemical variety produces polyurethanes with different chemical structures leading to many different applications. These include rigid and flexible foams, and coatings, adhesives, electrical potting compounds, and fibres such as spandex and polyurethane laminate (PUL). Foams are the largest application accounting for 67% of all polyurethane produced in 2016.

[amrutatbrc1]

Engineering Plastics Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033

The engineering plastics global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Engineering Plastics Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The engineering plastics market size has grown strongly in recent years. It will grow from $103.88 billion in 2023 to $113.38 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to substitution for traditional materials, electrical and electronics boom, increased focus on sustainability, expansion in construction, medical device growth.

The engineering plastics market size is expected to see strong growth in the next few years. It will grow to $161.88 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to 3d printing and additive manufacturing, infrastructure modernization, aerospace applications, evolving consumer electronics sector, circular economy initiatives. Major trends in the forecast period include high-performance thermoplastics, miniaturization in electronics, smart and functional materials, customization and tailored solutions, health and safety compliance.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The growth in the electronics and electrical industries is expected to propel the growth of the engineering plastics market going forward. The electronics industry produces consumer electronics, electrical equipment, and electrical components for a variety of products. Engineering plastics are used in the manufacturing of various electronic goods such as computers, communication equipment, switchgear, storage batteries, and switchboards. For instance, according to the Ministry of Electronics and Information Technology, an India-based government agency, the electronics manufacturing industry is expected to grow from USD 75 billion in 2022 to USD 300 billion by 2026. Therefore, the growth in the electronics and electrical industries is driving the demand for the engineering plastics market.

The engineering plastics market covered in this report is segmented –

1) By Type: Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Thermoplastic Polyester, Polyacetal, Fluoropolymer, Other Types 2) By Performance Parameter: High Performance, Low Performance 3) By End-Use Industry: Automotive And Transportation, Consumer Appliances, Electrical And Electronics, Industrial And Machinery, Packaging, Other End-Use Industries

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Regional Insights - Asia-Pacific was the largest region in the engineering plastics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the engineering plastics market during the forecast period. The regions covered in the engineering plastics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies - Major companies operating in the engineering plastics market include Covestro AG, DuPont de Nemours Inc., LG Chem Ltd., Evonik Industries AG, Mitsubishi Chemical Engineering Corporation, BASF SE, Celanese Corporation, Solvay S.A., Dow Chemical Company, Saudi Basic Industries Corporation, LANXESS AG, Bayer AG, Asahi Kasei Corporation, DSM Engineering Plastics, Polyplastics Co. Ltd., Teijin Limited, Toray Industries Inc., Arkema S.A., Chi Mei Corporation, Daicel Corporation, Eastman Chemical Company, EMS-Chemie Holding AG, Formosa Plastics Corporation, Huntsman Corporation, INEOS Styrolution Group GmbH, JSR Corporation, KOLON Industries Inc., Kuraray Co. Ltd., Mitsui Chemicals Inc, Nilit Ltd., Radici Group, RTP Company, Sumitomo Chemical Co. Ltd., Techno Polymer Co. Ltd., Tosoh Corporation, Ube Industries Ltd., Victrex plc, Zhejiang NHU Special Materials Co. Ltd.

Table of Contents 1. Executive Summary 2. Engineering Plastics Market Report Structure 3. Engineering Plastics Market Trends And Strategies 4. Engineering Plastics Market – Macro Economic Scenario 5. Engineering Plastics Market Size And Growth ….. 27. Engineering Plastics Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[indianpetrochem6]

PA6 PRICES DROP IN DELHI

The Delhi polymer market witnessed a significant drop in the prices of Polyamide 6 (PA 6), grade M28RC today. According to sources from Indian Petrochem the prices of the commodity have dropped by Rs 4/kg on September 23, 2024 from Rs 200/kg on September 21, 2024. Polyamide 6 (PA 6) is also known as Nylon 6 or polycaprolactam.It is one of the most extensively used polyamides globally. It is synthesised by ring-opening polymerization of caprolactam. Melting point of polyamide 6 is 223°C. Indian PA6 Prices, Indian Prices PA6, PA6 Prices In India, Imndianpetrochem.

[trendingrepots]

Biopolymers Market - Forecast(2024 - 2030)

Biopolymers Market Overview

The Biopolymers Market size is projected to reach US$27.5 billion by 2030, after growing at a CAGR of 11.5% over the forecast period 2024-2030. The various benefits associated with the biopolymers such as polyesters, polylactic acid, polyhydroxy butyrate, polybutylene succinate and more include biocompatibility, biodegradability, renewability and more. These benefits make biopolymers a sustainable replacement for petroleum-derived materials. The bolstering food & beverage industry, including poultry products, dried food and more is the primary factor driving the biopolymers market growth. For instance, the FAO’s food outlook published in June 2023 expects global poultry meat production to reach more than 142 million mt, a 1.3% increase compared to 2022’s value. However, The COVID-19 pandemic resulted in restrictions affecting various aspects of the supply chain, including logistics, which had a detrimental impact on production activities in the biopolymers industry. Following the pandemic, government measures aimed at rejuvenating production activities played a crucial role in fueling the recovery and growth of the biopolymers industry. Moreover, the growth of the medical and healthcare industry is fueling the demand for biopolymers. As a result, the biopolymers market size will grow throughout the forecast period.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞

Report Coverage 

The "Biopolymers Market Report – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Biopolymers Market. 

By Type: Bio-based Polyesters [Polylactic Acid (PLA), Polyhydroxybutyrate (PHB), Polybutylene Succinate (PBS), Polybutylene Succinate Adipate (PBSA), Polytrimethylene Terephthalate (PTT) and Others], Bio-based Polyolefins, Bio-based Polyamides (Bio-PA) (Homopolyamides, Bio-PA 6, Bio-PA 11, Copolyamides and Others), Polyurethanes, Polysaccharide Polymers (Cellulose-based Polymers and Starch-based Polymers) and Others.

By Molding Process: Extrusion, Injection, Melt compounding and Others.

By Application: Packaging (Rigid Packaging and Flexible Packaging), Fibers, Paper & Cardboard Coatings, Agricultural Seed Coatings, Automotive Interiors & Exteriors, Medical Implants, Circuit Boards, Insulators, Laminates and Others. 

By End-use Industry: Food & Beverage (Fresh Food, Bakery, Frozen Food, Dried Food, Poultry Products, Dairy Products, Confectionery, Alcoholic Beverages, Non-alcoholic Beverages and Others), Medical & Healthcare (Pharmaceuticals, Medical Devices and Others), Agriculture, Consumer Electronics (Computers, Smartphones, Refrigerators and Others), Automotive [Passenger Vehicles (PV), Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV)], Textile, Aerospace (Commercial, Military and Others), Building & Construction (Residential, Commercial, Industrial and Others) and Others 

By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World [Middle East (Saudi Arabia, UAE, Israel and Rest of Middle East) and Africa (South Africa, Nigeria and Rest of Africa)]

Key Takeaways

• Europe dominated the Biopolymers Market, owing to the growth of the fresh food industry in the region. For instance, according to the Federal Statistical Office of Germany,roughly 6,100 agricultural holdings in Germany harvested a total 3.8 million tonnes of vegetables in 2022.

• The government initiatives for green initiatives are fuelling the demand for Biopolymers such as polyesters, polyethylene and more are driving the market growth.

• Moreover, the increasing adoption of Biopolymers in packaging applications is also accelerating market growth. 

• However, the high cost of the Biopolymers is expected to create a retrain for the market growth during the projected forecast period.

  Biopolymers Market Segment Analysis – by Application 

The packaging segment held the largest Biopolymers Market share in 2023 and is estimated to grow at a CAGR of 10.4% over the forecast period 2024-2030. Biopolymers such as polyesters, polylactic acid, polyhydroxybutyrate and more are frequently deployed in packaging because they enhance the shelf-life of the product and also it reduces the overall carbon footprint related to food packaging. The films composed of biopolymers such as polysaccharides and protein-composed increase mechanical and optical properties. As a result, biopolymers packaging is employed across various end-use industries, including food & beverages, medical & healthcare and more. Thus, owing to the above-mentioned benefits, the adoption of biopolymers is surging in packaging applications, which is accelerating market growth. 

Biopolymers Market Segment Analysis – by End-use Industry 

The food & beverage segment held a significant Biopolymers Market share in 2023. The key properties of biopolymers are high strength, lightweight and heat resistance. As a result, biopolymers are frequently used in the food and beverage industry. Moreover, due to their superior quality, functionality, affordability and composability, they are an ideal replacement for single-use plastic food & beverage packaging. The surging development of food & beverage facilities, governmental initiatives and others are the crucial variables propelling the food & beverage industry's growth. For instance, according to Invest India, the food processing sector in India is one of the world’s largest, with output anticipated to reach US$535 billion by 2025-2026. Hence, the growth of the food & beverage industry is expected to fuel the demand for biopolymers. As a result, the market growth will accelerate during the upcoming years. 

Biopolymers Market Segment Analysis – by Geography 

Europe is the dominating region as it held the largest Biopolymers Market share in 2023. The economic growth of Europe is driven by the growth of the various industries, including food and beverage, medical & healthcare and other similar industries. The food and beverages industry growth are vital for food security in the European region. For instance, according to Food Drink Europe, the food and drink industry in Europe produced a 107.7 production index in the fourth quarter of 2022 and a 109.2 production index in the first quarter of 2023, an increase of 1.4 percent. Also, according to the European Union, in 2022, the production of fruits in the European Union countries was about 35.9 million metric tons and out of this, apples and pears production were the highest at 14.7 million metric tons, which was 40.9% of the total fruit production. Therefore, the booming food & beverage industry in Europe is boosting the demand for biopolymers. This, in turn, is proliferating the biopolymers market size growth.

[industryinsightsandanalysis]

Thermoplastic Resins Market: Current Analysis and Forecast (2022-2028)

According to a new report published by UnivDatos Markets Insights, the Thermoplastic Resins Market was valued at more than USD xx million in 2020 and is expected to grow at a CAGR of around 6% from 2022-2028. The analysis has been segmented into Resin Type (Polypropylene, Polyamide, Polybutylene Terephthalate, Polyphenylene Sulfide, Others); Compound (Short Fiber-Reinforced Thermoplastic, Long Fiber-Reinforced Thermoplastic, Continuous Fiber-Reinforced Thermoplastic, Glass-Mat Thermoplastic); Composite Type (Glass Fiber-Reinforced Plastics, Carbon Fiber-Reinforced Plastics); End-User (Aerospace and Defense, Transportation, Consumer Good, Electrical & Electronic, Others); Region/Country.

The thermoplastic resins market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the thermoplastic resins market. The thermoplastic resins market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the thermoplastic resins market at the global and regional levels.

Market Overview

The demand for the thermoplastic resins market can be attributed to the frequently used of thermoplastic resin in the automotive industry for applications that include under-the-hood components, interiors, and exteriors of automobiles and increasing adoption in vehicle manufacturing, especially in electric cars, thus, rising the adoption of organic growth strategies among key industry players around the globe.  For instance, the Norwegian government is giving a massive package of subsidies worth Euro 17,000 on purchasing a small class ICE car, while the UK government is paying buyers of vehicles emitting less than 75 g/km a one-time premium of GBP 4,000-7,000. Owing to these glaring statistics manufacturers are focused on launching innovative and technologically effective vehicles with thermoplastic resins thus increasing the demand for the thermoplastic resins market. Moreover, the rising demand for practical and lightweight materials and the increasing per capita income of consumers is fueling the demand for the thermoplastic resins market. Furthermore, the growing penetration of composite materials by replacing metals that are highly used in gardens, conferences, etc. is expected to drive the market for thermoplastic resins market in the coming years.

Some of the major players operating in the market are BASF SE, Celenase Corporation, Lanxess AG, Solvay S.A, Mitsubishi Chemical Advanced Materials, Toray Industries, Inc., Polyone Corporation, LyondellBasell Industries N.V., EMS-GRIVORY, INEOS.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. COVID-19 harmed thermoplastic composite demand in a variety of industries, including aerospace, defense, construction, transportation, wind energy, consumer and electronics goods, and others, resulting in fewer aircraft deliveries, wind energy installations, vehicle, and electronics sales, and so forth. OEMs have been forced to run at zero or partial capacity due to supply chain disruptions such as raw material delays or non-arrival, rising absenteeism among production line workers, and disrupted financial flows, resulting in lower demand for thermoplastic composites.

The global thermoplastic resins market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on the composite type, the market is fragmented into glass fiber-reinforced plastics and carbon fiber-reinforced plastics. The glass fiber-reinforced plastics segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period due to a variety of uses in wind energy, transportation, consumer electronics, building, and other industries. Glass fibers are in high demand due to their low cost and ability to be processed with a wide range of resins.

Based on the end-user, the market is fragmented into aerospace and defense, transportation, consumer good, electrical & electronic, and others. The aerospace and defense segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period Because of their light weight, thermoplastic composites are used in the aerospace industry, allowing for a variety of efficient designs for a variety of applications.

Thermoplastic resins Market Geographical Segmentation Includes:

North America (U.S., Canada, and Rest of North America)

Europe (Germany, U.K., Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

Rest of the World

The Asia Pacific constitutes a major market for the thermoplastic resins industry wing to the high production of commercial and passenger vehicles, rising manufacturing units, and continued growth of electronic manufacturing. China accounts for nearly one-fourth of the world’s plastic production capacity and has more than 15,000 plastic factories.

The major players targeting the market include

BASF SE

Celenase Corporation

Lanxess AG

Solvay S.A

Mitsubishi Chemical Advanced Materials

Toray Industries, Inc.

Polyone Corporation

LyondellBasell Industries N.V.

EMS-GRIVORY

INEOS

Request Free Sample Pages with Graphs and Figures Here https://univdatos.com/get-a-free-sample-form-php/?product_id=31454

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the thermoplastic resins market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the thermoplastic resins market?

• Which factors are influencing the thermoplastic resins market over the forecast period?

• What are the global challenges, threats, and risks in the thermoplastic resins market?

• Which factors are propelling and restraining the thermoplastic resins market?

• What are the demanding global regions of the thermoplastic resins market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

Browse Related Newsletter from UnivDatos Market Insights

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Industrial Flooring Market - SWOT Analysis [2023-2028]

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[rutujamnm]

Polyamide Market poised to reach $55.7 billion by 2028

The report "Polyamide Market by Type (Polyamide 6, Polyamide 66, Bio-Based & Specialty polyamide), Application (Engineering Plastics, Fiber), and Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2028", is projected to grow from USD 43.8 billion in 2023 to USD 55.7 billion by 2028, at a CAGR of 4.9% from 2023 to 2028. Growing demand for lightweight materials in the automotive industry to provide increased efficiency and design flexibility has paved its way for the growth of polyamide market. Furthermore, bio-based & specialty polyamides are gaining demand in the market owing to their eco-friendly nature.

Download pdf-https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=930

By type, the bio-based & specialty polyamide segment is estimated to be the fastest growing segment of the global polyamide market during 2023 to 2028.

In terms of value, the bio-based & specialty polyamide segment, by product, is projected to be the fastest growing segment during the forecast period. It is made from renewable sources like castor oil or plants and offer sustainability without compromising key properties. Bio-nylon caters to various industries, including automotive, textiles, and packaging, while reducing emissions and fossil fuel dependence and aligning with the circular economy. These properties of bio-based polyamides which contribute to a circular economy are expected to boost the overall polyamide market.

By application, the engineering plastics segment is projected to register highest CAGR of the global polyamide market during 2023 to 2028.

By application, the engineering plastics segment is projected to be the fastest-growing segment of the global polyamide market during the forecast period in terms of volume. They offer exceptional mechanical strength, thermal stability, and chemical resistance. These versatile plastics are crucial in automotive, aerospace, electronics, and consumer goods industries for producing durable, high-performance components and products which propel the overall polyamide market expansion.

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By region, the Middle East & Africa is estimated to be the fastest growing segment of the global polyamide market during 2023 to 2028.

By region, Middle East & Africa is estimated to account for the fastest-growing region of polyamide market from 2023 to 2028. The automotive, power, manufacturing sectors, and infrastructural developments are the key drivers for engineering plastics such as polyamide  in Middle East & Africa. UAE and Saudi Arabia are the major markets in the region. These are supported by rising income and increased demand for electronics products which boost the polyamide demand in the region.

The major players operating in the polyamide market include BASF SE (Germany), Celanese Corporation (US), Arkema (US), Asahi Kasei Corporation (Japan), Evonik Industries AG (Germany), Kuraray Co., Ltd. (Japan), Toray Industries, Inc. (Japan), Envalior (Germany), UBE Corporation (Japan), Formosa Chemicals & Fibre Corp. (Republic of China), SABIC (Saudi Arabia), Advansix (US), DuPont de Nemours, Inc. (US), Huntsman International LLC (US), EMS Grivory (Switzerland), DOMO Chemicals (Belgium), Ascend Performance Materials (US), Mitsubishi Chemical Advanced Materials (Switzerland), Invista (US), and RadiciGroup (Italy), and others.

[themarketupdate]

Polyphthalamide (PPA) Market to Scale New Heights as Market Players Focus on Innovations 2024 – 2030

Polyphthalamide (PPA) Is An Aromatic And Semi-Crystalline Polyamide. It Is Stronger, Stiffer, Less Sensitive To Moisture, And Has Higher Thermal Capabilities When Compared With Nylon 6/6.  It Has Substantial Chemical Fatigue And Creep Resistance. These Resins Are Suitable For A Wide Range Of Applications Because Of Their Outstanding Physical, Thermal And Electrical Properties. Unlike Many Other Resins, They Can Resist Infrared Soldering Environments. The Addition of Other Polyamides to Polyphthalamide (PPA)) Lowers the Melting Point and Glass Transition Temperature, Which Potentially Makes Polyphthalamide Blends Easier To Process When Compared To Higher Melting/Softening Polyphthalamide

Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/123757-global-polyphthalamide-ppa-market?utm_source=Organic&utm_medium=Vinay

Latest released the research study on Global Polyphthalamide (PPA) Market, offers a detailed overview of the factors influencing the global business scope. Polyphthalamide (PPA) Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Polyphthalamide (PPA) The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are BASF (Germany), Dupont (United States), Solvay S.A. (Belgium), EMS Chemie (Switzerland), Evonik Industries (Germany), Arkema S.A. (France), SABIC (Saudi Arabia), Eurotec (Turkey), Propolymers Inc. (United States), Akro Plastics GMBH (Germany), Korea Engineering Plastics Co., Ltd (South Korea), Zhejiang NHU Special Materials Co. Ltd. (China),

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[credenceresearchdotblog]

The Polyoxymethylene (POM) Market is expected to expand from USD 14,418 million in 2024 to USD 24,404.79 million by 2032, with a compound annual growth rate (CAGR) of 6.80%.Polyoxymethylene (POM), also known as acetal, polyacetal, and polyformaldehyde, is a high-performance engineering plastic characterized by its high stiffness, low friction, and excellent dimensional stability. These properties make POM a popular choice in a wide range of applications, from automotive and consumer electronics to industrial machinery and medical devices. This article explores the current trends, growth drivers, challenges, and future prospects of the POM market.

Browse the full report at https://www.credenceresearch.com/report/polyoxymethylene-pom-market

Market Overview

The global POM market has been experiencing steady growth, driven by its increasing application in various end-use industries. In 2023, the market size was valued at approximately USD 3.6 billion, with projections suggesting a compound annual growth rate (CAGR) of around 6% from 2024 to 2030. This growth is primarily attributed to the rising demand for lightweight and durable materials in the automotive and electronics sectors.

Key Growth Drivers

1. Automotive Industry: The automotive industry is one of the largest consumers of POM. The demand for fuel-efficient vehicles has led to the increased use of lightweight materials. POM’s properties make it ideal for manufacturing components such as gears, bearings, and fuel system parts. The push towards electric vehicles (EVs) is further augmenting the demand for POM, as it is used in various electrical components due to its excellent electrical insulation properties.

2. Consumer Electronics: The rapid growth of the consumer electronics market is another significant driver for POM demand. The material’s stability and resistance to wear and tear make it suitable for manufacturing precision parts in electronic devices such as smartphones, laptops, and cameras. The trend towards miniaturization and the need for high-performance materials in electronics are boosting POM consumption.

3. Industrial Machinery: In industrial applications, POM is valued for its mechanical properties and resistance to chemicals. It is used in the production of various machine components that require high precision and durability. The ongoing industrial automation trend is increasing the demand for reliable and efficient materials like POM.

Challenges

Despite its advantageous properties, the POM market faces several challenges:

1. Environmental Concerns: The production of POM involves the use of formaldehyde, a hazardous substance. Environmental regulations regarding the emission of volatile organic compounds (VOCs) and the disposal of plastic waste are becoming stricter. This has prompted manufacturers to invest in research and development to create more sustainable and eco-friendly POM alternatives.

2. Fluctuating Raw Material Prices: The prices of raw materials used in the production of POM, such as methanol, are subject to market fluctuations. This can impact the overall cost of POM production and, consequently, its market price. Manufacturers are looking for ways to mitigate these risks through strategic sourcing and process optimization.

3. Competition from Other Plastics: POM faces competition from other engineering plastics such as polyamide (PA), polycarbonate (PC), and acrylonitrile butadiene styrene (ABS). These materials also offer excellent performance characteristics and are preferred in certain applications. Continuous innovation and differentiation are crucial for POM manufacturers to maintain their market position.

Future Prospects

The future of the POM market looks promising, with several factors contributing to its continued growth:

1. Technological Advancements: Ongoing research and development efforts are focused on enhancing the properties of POM and developing new grades with improved performance characteristics. Innovations such as bio-based POM and recycled POM are gaining traction as sustainable alternatives.

2. Expansion in Emerging Markets: The growing industrialization and urbanization in emerging economies present significant opportunities for POM manufacturers. The increasing demand for consumer goods, automotive, and industrial products in regions like Asia-Pacific and Latin America is expected to drive market growth.

3. Sustainability Initiatives: The global push towards sustainability is encouraging the adoption of eco-friendly materials and processes. POM manufacturers are investing in green technologies and sustainable practices to meet the evolving regulatory requirements and consumer preferences.

Key Player Analysis

Celanese Corporation (US)

Korea Engineering Plastics Co., Ltd. (South Korea)

Daicel Corporation (Japan)

BASF Group (Germany)

Asahi Kasei Corporation (Japan)

LG Chem (South Korea)

SABIC (Saudi Arabia)

Mitsubishi Gas Chemical Company, Inc. (Japan)

LyondellBasell Industries Holdings B.V. (US)

DuPont de Nemours Inc. (US)

China BlueChemical Ltd. (China)

KOLON ENP (South Korea)

Henan Energy Group Co., Ltd. (China)

Segments:

Based on Type

Homopolymer

Copolymer

Based on End-use Industry

Transportation

Consumer

Industrial

Electrical & Electronics

Other End-use Industries

Based on Grade

Low Friction

Low VOC

Conductive

Antistatic

Other Grades

Based on Processing Technique

Injection Molding

Extrusion

Compression Molding

Other Processing Techniques

Based on the Geography

North America

The U.S.

Canada

Mexico

Europe

Germany

France

The U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full report at https://www.credenceresearch.com/report/polyoxymethylene-pom-market

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[spookysaladchaos]

Global Top 9 Companies Accounted for 60% of total PA66 Resin market (QYResearch, 2021)

Nylon 66 is a type of polyamide or nylon. It, and nylon 6, are the two most common for textile and plastic industries. Synthesis and manufacturing Nylon -6,6 is synthesized by polycondensation of hexamethylenediamine and adipic acid. Equivalent amounts of hexamethylenediamine and adipic acid are combined with water in a reactor.

According to the new market research report “Global PA66 Resin Market Report 2023-2029”, published by QYResearch, the global PA66 Resin market size is projected to reach USD 3.55 billion by 2029, at a CAGR of 7.3% during the forecast period.

Figure.   Global PA66 Resin Market Size (US$ Million), 2018-2029

Figure.   Global PA66 Resin Top 9 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of PA66 Resin include China Shenma Group, INVISTA, DuPont, BASF, Huafon Group, etc. In 2021, the global top four players had a share approximately 60.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[indianpetrochem6]

PA6 prices on upward trend

The Delhi polymer market today experienced a notable shift in the prices of Polyamide 6 (PA 6), grade M28RC. According to Indian Petrochem the prices of the commodity have surged by Rs 2/kg on September 13, 2024 from Rs 199/kg on September 12, 2024. Polyamide 6 (PA 6) is also known as Nylon 6 or polycaprolactam. It is one of the most extensively used polyamides globally. It is synthesised by ring-opening polymerization of caprolactam. Melting point of polyamide 6 is 223°C. Indian PA6 Prices, PA6 Prices In India, Indian Prices PA6, Indianpetrochem.