Polyamides (Nylon 6 and Nylon 66) Trends and Forecast
The future of the global polyamides (nylon 6 and nylon 66) market looks promising with opportunities in the engineering plastic and fiber markets. The global polyamides (nylon 6 and nylon 66) market is expected to reach an estimated $30.3 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand from the automotive industry, rising demand from the electrical and electronics industry, and expanding applications in other industries such as consumer goods, packaging, and medical devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Polyamides (Nylon 6 and Nylon 66) by Segment
The study includes a forecast for the global polyamides (nylon 6 and nylon 66) by product type, application, and region.
Polyamides (Nylon 6 and Nylon 66) Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Nylon 6 (PA6)
• Nylon 66 (PA66)
Polyamides (Nylon 6 and Nylon 66) Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Engineering Plastics
• Fiber
• Others
Polyamides (Nylon 6 and Nylon 66) Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Polyamides (Nylon 6 and Nylon 66) Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyamides (nylon 6 and nylon 66) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyamides (nylon 6 and nylon 66) companies profiled in this report include-
• BASF SE
• Celanese
• SABIC
• INVISTA
• LyondellBasell Industries N.V
Polyamides (Nylon 6 and Nylon 66) Market Insights
Lucintel forecasts that nylon 6 (PA6) will remain the larger segment over the forecast period because it is a versatile material that is known for its high strength, toughness, and durability.
Within this market, engineering plastics will remain the largest segment due to high-performance plastics that are used in a variety of demanding applications, such as automotive, electrical and electronics, and industrial.
APAC will remain the largest region over the forecast period because in APAC, China is the largest consumer of polyamides and also increasing demand for polyamides in lightweight vehicles, electrical and electronics, and other high-performance applications.
Features of the Global Polyamides (Nylon 6 and Nylon 66) Market
Market Size Estimates: Polyamides (nylon 6 and nylon 66) market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polyamides (nylon 6 and nylon 66) market size by product type, application, and region in terms of value ($B).
Regional Analysis: Polyamides (nylon 6 and nylon 66) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, application, and regions for the polyamides (nylon 6 and nylon 66) market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyamides (nylon 6 and nylon 66) market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the polyamides (nylon 6 and nylon 66) market size?
Answer: The global polyamides (nylon 6 and nylon 66) market is expected to reach an estimated $30.390029813499 billion by 2030.
Q2. What is the growth forecast for polyamides (nylon 6 and nylon 66) market?
Answer: The global polyamides (nylon 6 and nylon 66) market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the polyamides (nylon 6 and nylon 66) market?
Answer: The major drivers for this market are increasing demand from the automotive industry, rising demand from the electrical and electronics industry, and expanding applications in other industries such as consumer goods, packaging, and medical devices.
Q4. What are the major segments for polyamides (nylon 6 and nylon 66) market?
Answer: The future of the global polyamides (nylon 6 and nylon 66) market looks promising with opportunities in the engineering plastic and fiber markets.
Q5. Who are the key polyamides (nylon 6 and nylon 66) market companies?
Answer: Some of the key polyamides (nylon 6 and nylon 66) companies are as follows:
• BASF SE
• Celanese
• SABIC
• INVISTA
• LyondellBasell Industries N.V
Q6. Which polyamides (nylon 6 and nylon 66) market segment will be the largest in future?
Answer: Lucintel forecasts that nylon 6 (PA6) will remain the larger segment over the forecast period because it is a versatile material that is known for its high strength, toughness, and durability.
Q7. In polyamides (nylon 6 and nylon 66) market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period because in APAC, China is the largest consumer of polyamides and also increasing demand for polyamides in lightweight vehicles, electrical and electronics, and other high-performance applications.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyamides (nylon 6 and nylon 66) market by product type (nylon 6 (PA6) and nylon 66 (PA66)), application (engineering plastics, fiber, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polyamides (Nylon 6 and Nylon 66) Market, Polyamides (Nylon 6 and Nylon 66) Market Size, Polyamides (Nylon 6 and Nylon 66) Market Growth, Polyamides (Nylon 6 and Nylon 66) Market Analysis, Polyamides (Nylon 6 and Nylon 66) Market Report, Polyamides (Nylon 6 and Nylon 66) Market Share, Polyamides (Nylon 6 and Nylon 66) Market Trends, Polyamides (Nylon 6 and Nylon 66) Market Forecast, Polyamides (Nylon 6 and Nylon 66) Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.