The global Nylon 66 market revenue was US$ 5.25 Bn in 2020 and is forecast to reach US$ 7.50 Bn by 2030, growing at a CAGR of 3.1% during a forecast period from 2021 to 2030.
In essence, nylon 66 is a nylon or polyamide with exceptional mechanical qualities. Due to its advantageous characteristics, including a higher melting temperature, exceptional dimensional stability, and a more compact molecular structure, it is most frequently utilized in the textile and plastic sectors engineering thermoplastic materials. In textiles like clothing and carpets, PA66 is widely used because it provides strength, rigidity, and good stability. It is frequently used to create items like fishing lines, electrical connections, gears, guitar picks and strings, and medical implants that need to be strong and flexible.
Factors Impacting the Global Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had damaged the worldwide automotive supply chain. As a result, the companies saw a drop in automotive production and consumption, which had a detrimental effect on the demand for nylon 66.
However, as markets have increasingly expanded, production has started at manufacturing facilities in the second half of 2020, which is encouraging for the PA66 market. Additionally, PA66, which is in high demand in the food industry for packaging, is likely to significantly boost the PA66 market.
Regional Outlook
North America accounted for the highest revenue share of the global market. This is due to factors including technological advancements, the existence of significant market players, and the comparatively developed automotive sector in the area. The demand for nylon (PA) in North America is rising as engineering polymers are being used more often in various industries, including aerospace, automotive, defense, and electrical & electronics.
On the other hand, Asia-Pacific will continue to have profitable growth during the forecast period due to the expansion of the automotive and packaging sectors. A significant economic factor in this region is the accessibility of inexpensive labor and raw resources when combined with rising purchasing power. A sizable untapped market and benevolent government policies are tempting international nylon producers to establish production and distribution facilities in the area.
Prominent Competitors
Some of the prominent players in the global Nylon 66 market are:
Segmentation Outline
The global Nylon 66 market segmentation focuses on Grade, Product, Application, and Region.
By Grade
By Product
By Application
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL NYLON 66 MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL NYLON 66 MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL NYLON 66 MARKET, BY GRADE
5.1 OVERVIEW
5.2 FIBER
5.3 RESIN
6 GLOBAL NYLON 66 MARKET, BY PRODUCT
6.1 OVERVIEW
6.2 STANDARD GRADE
6.3 HEAT STABILIZED GRADE
6.4 OTHERS
7 GLOBAL NYLON 66 MARKET, BY APPLICATION
7.1 OVERVIEW
7.2 TEXTILES
7.3 INDUSTRIAL/MACHINERY
7.4 CARPETS
7.5 AUTOMOTIVE
7.6 CONSUMER GOODS & APPLIANCES
7.7 CARPETS
7.8 PACKAGING
7.9 FILMS & TEXTILES
7.10 OTHERS
8 GLOBAL NYLON 66 MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL NYLON 66 MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
10 COMPANY PROFILES
10.1 BE INDUSTRIES LTD.
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.2 BASF SE
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.3 ASCEND PERFORMANCE MATERIALS
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.4 ENSINGER
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.5 LANXESS
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.6 RADICI PARTECIPAZIONI SPA
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.7 ASAHI KASEI CORPORATION
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.8 DSM
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.9 DOW
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.10 DUPONT
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.11 CELANESE CORPORATION
10.11.1 OVERVIEW
10.11.2 FINANCIAL PERFORMANCE
10.11.3 PRODUCT OUTLOOK
10.11.4 KEY DEVELOPMENTS
10.12 UBE INDUSTRIES LTD
10.12.1 OVERVIEW
10.12.2 FINANCIAL PERFORMANCE
10.12.3 PRODUCT OUTLOOK
10.12.4 KEY DEVELOPMENTS
10.13 EMS-CHEMIE HOLDING AG
10.13.1 OVERVIEW
10.13.2 FINANCIAL PERFORMANCE
10.13.3 PRODUCT OUTLOOK
10.13.4 KEY DEVELOPMENTS
10.14 INVISTA
10.14.1 OVERVIEW
10.14.2 FINANCIAL PERFORMANCE
10.14.3 PRODUCT OUTLOOK
10.14.4 KEY DEVELOPMENTS
10.15 HONEYWELL INTERNATIONAL INC.
10.15.1 OVERVIEW
10.15.2 FINANCIAL PERFORMANCE
10.15.3 PRODUCT OUTLOOK
10.15.4 KEY DEVELOPMENTS
10.16 SABIC
10.16.1 OVERVIEW
10.16.2 FINANCIAL PERFORMANCE
10.16.3 PRODUCT OUTLOOK
10.16.4 KEY DEVELOPMENTS
10.17 LIBOLON
10.17.1 OVERVIEW
10.17.2 FINANCIAL PERFORMANCE
10.17.3 PRODUCT OUTLOOK
10.17.4 KEY DEVELOPMENTS
10.18 LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
10.18.1 OVERVIEW
10.18.2 FINANCIAL PERFORMANCE
10.18.3 PRODUCT OUTLOOK
10.18.4 KEY DEVELOPMENTS
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