The Nylon 6 & 66 Market was valued at $xx.Billion in 2018 and is forecast to grow at a modest xx. % CAGR between 2018 and 2025, culminating in 2026 global sales of $xx.Billion.
Nylon is a lightweight, tough, elastic synthetic polymers with a chemical structure,ability to produced as a molded,filament, and sheets object. It is a thermoplastic silky material which can be converted into films, fibers, and shapes after melt-process. Nylon 6 & 66 are both synthetic polymers called as polyamides used in automotive, plastic and textile industries. Nylon 6,6 has the melting point 265-degreeCelsius for a high syntheticfiber, up to 36,000 psi tensile and 50,000 psi flexural strength, better dimensional stability, lower expansion, and electrical conductivity. Due to the high tensile strength, high elasticity and excellent resistance; nylon 6 &66 are used to making automobile Spare and parts, which anticipated the growth of the global nylon market. It is also used in medical, textile and fishing segment because of its low elongation, better handling, highly smooth and more elastic with biodegradable nature. So, due to the close substitute product and lower competitive price with excellent characteristics is expected to slow down the growth of global Nylon 6 & 66 market.
“Optimal Price Point (OPP) for Global Nylon 6 & 66”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, in the China Global Nylon 6 & 66 materials are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Global Nylon 6 & 66 Market by “Product Categories”
We have segmented the Global Nylon 6 & 66 based on Product categories as Nylon 6, Nylon 66.
We have observed that the rapid growth of Nylon 6 & 66 followed by PA6 segment with the forecast period.PA6 material melts at 222 degree Celsius with easy processing and a high degree of toughness so that it offers electrical protection device.It is a cost-effective substitute material such as gunmetal, brass, bronze, steel, aluminum, rubbers and plastic.
Apart from this, Nylon 6 filament also demanded in the markets, due to better dimensional stability, high abrasion resistance, and higher strength also to avoid wear, dust, and dirt.
Global Nylon 6 & 66 Market by “Application Categories”
We have segmented the Global Nylon 6 & 66 based on Application Categories as Engineering Plastics, Automotive, Textiles, Electrical & Electronics, Others.
We have observed that the rapid growth of Nylon 6 & 66 followed by Automotive with xx% of the revenue share in 2017. It helps to reduce the weight of automotive components and enhance the environmental defendable of automotive parts.
The elements are used to make headlamp bezels, cooling system, air intake manifold, airbag containers, and hydraulic clutch lines. Some exteriors parts such as tailgate handles, fuel caps, doors, mirrors,and wheel covers. These are expected to boost the automotive industry owing to its lightweight vehicle, wear resistance, and mechanical properties of Nylon Composite.
Asia Pacific accounted for the maximum revenue share of over xx% in 2018 due to increased demand of Global Nylon 6 & 66 materials followed by EU- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.
The rapid growth of Automotive Industry and the availability of Global Nylon 6 & 66 materials optionlikeautomotive and PA6 create an impact in developing countries for the demand for improving fuel efficiency and lightweight vehicle.
“Competitive Landscape”and “Merger& Acquisition Insights”
The key market participants BASF SE, Lanxess AG, Huntsman Corporation, AdvanSix Inc.,INVISTA, and DOMO Chemicals.are few major players in Global Nylon 6 & 66markets. TheGlobal Nylon 6 & 66 market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Global Nylon 6 & 66 Market by Product categories(Revenue, Million, 2018 – 2026)
- Nylon 6
- Nylon 66
Global Nylon 6 & 66 Market by Application Type (Revenue, Million, 2018 – 2026)
- Engineering Plastics
- Electrical & Electronics
Global Nylon 6 & 66 Market Regional Outlook (Revenue, USD Million, 2018-2026)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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