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Get the latest insights on price movement and trend analysis of PA66 (Nylon 66) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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According to Cognitive Market Research, The Global Pa6 and Pa66 market will grow and expand at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030.
The demand for Pa6 and Pa66 is rising due to increasing demand from the automotive sector.
Demand for PA 6 segment remains higher in the Pa6 and Pa66 market.
The structural segment held the highest Pa6 and Pa66 market revenue share in 2023.
APAC will continue to lead, whereas the MEA Pa6 and Pa66 market will experience the strongest growth until 2030.
Market Dynamics of the Pa6 and Pa66 Market
Key Drivers of Pa6 and Pa66 Market
Increasing Demand from the Automotive Sector to Provide Viable Market Output
Due to its strength and toughness, improved fuel economy, wear resistance, and outstanding mechanical qualities, PA 66/6 is primarily utilized in the automobile sector.
In November 2021, BASF will start building a new research and development center in Ansan, Korea's hub for engineering plastics innovation. The new facility is home to an integrated R&D team, polyamide business competencies, new capabilities, and a Consumer Electronics Competency Centre.
The polymer aids in the molding and injection processes, hence it is frequently utilized in the production of various vehicle parts. The PA 66/6 market is being driven globally by the automotive industry's increased demand for PA 66/6 as a result of all these advantageous features.
Technological Advancements to Propel Market Growth
Superior qualities of PA 66/6 include great flexibility and durability. These two characteristics make them suitable candidates for 3D printing. This substance could be used in 3D printers. Additionally, it absorbs moisture, making it simple to post-process with fabric dyes and spray paints.
For instance, BASF announced the release of a new brand of Ultramid B3PG6 BK23238 in 2021 that has been heat stabilized.
Polyamides' flexibility and toughness might be useful for printing thin-walled objects in three dimensions. A major trend driving the market expansion is the adoption of polyamide (PA 66/6) in 3D printing technology.
Key Restraints in Pa6 and Pa66 Market
Strict Laws and Rules to Lessen Adverse Effects on the Environment to Hinder Market Growth
One of the biggest issues facing the globe today is plastic pollution. PA 66/6 is not biodegradable and lingers in the environment for a long time. The primary cause of environmental contamination is nylon fiber, which is used to make fishing nets. Significant amounts of water contamination are caused by the manufacture and processing of polyamide. In recent years, consumers have grown more conscious of and worried about environmental health.
Impact of COVID–19 on the Pa6 and Pa66 Market
The global raw material price structure and supply chain relationships are significantly impacted by COVID-19 and the Russia-Ukraine conflict. From the perspectives of supply/demand and manufacturing costs, the COVID-19 pandemic's effects continue to influence the polyamide 6 and polyamide 66 markets in every area. Even though China ended its state of emergency in the first few days of March, export demand dried up as the disease spread to other areas, and downstream domestic demand has been difficult to recover from. Many other nations are still under quarantine in an effort to stop the virus's spread, which idles crucial downstream sectors producing polyamide fiber and engineering resins. The COVID-19 pandemic has had detrimental effects on a number of polyamide application industries, but in general, the electrical and electronics industry has not been affected. Introduction of The PA6 and PA66 Market
Polyamide 6 (PA6) and Polyamide 66 (PA66) are two different types of polymer materials that are referred to as PA6/PA66. These materials' outstanding mechanical qualities, chemical resistance, and thermal stability make them widely employed in a variety of industries. In automotive parts, electrical and electronic equipment, textiles, coatings, and packaging, PA6/PA66 is often used. The rising need for gears, cams, and structural applications is to blame for the market's expansion. The automobile & and transportation, electrical & and electronics, and appliance industries will all experience rapid growth. The market for PA6/PA66 has a positive outlook for the future. The PA6/...
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Global Nylon 66 Automotive Airbag Fabric market size 2021 was recorded $1019.85 Million whereas by the end of 2025 it will reach $1450.2 Million . According to the author, by 2033 Nylon 66 Automotive Airbag Fabric market size will become $2932.3. Nylon 66 Automotive Airbag Fabric market will be growing at a CAGR of 9.2% during 2025 to 2033.
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The Asia Pacific Nylon Market would witness market growth of 6.4% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 3,791.7 Kilo Tonnes, showcasing a growth of 5.6% (2019-2022). It is a material in synthetic polymers that has revolutionized n
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The Nylon Market size was valued at USD 31.09 USD Billion in 2023 and is projected to reach USD 44.04 USD Billion by 2032, exhibiting a CAGR of 5.1 % during the forecast period. Recent developments include: April 2023: Microwave Chemical and Asahi Kasei together launched a demonstration project for the commercialization of the chemical recycling process for Nylon 66 using microwave technology., April 2023: Tire and nylon manufacturing company Kordsa announced to invest USD 50 million for the expansion of its nylon production at its Chattanooga plant. The move is anticipated to enable the company to meet the rising demand from the automotive industry., March 2022: BASF planned to expand the production capacity of its Ultramid polyamide in India. The increase in capacity expansion is aimed to meet the growing requirements of PA 6 and PA 6,6 in domestic end-use industries such as automotive, electronics, consumer goods, and industrial manufacturing., January 2022: BASF announced plans to expand its PA 6,6 production in Freiburg, Germany. BASF has also decided to build a new hexamethylene diamine (HMD) plant in Chalampé, France. HMD is a precursor used in producing PA 6,6 plastics and coating raw materials. This plant is expected to start production by 2024., January 2022: Invista and China Pingmei Shenma Group signed agreements to establish a strategic relationship. This agreement includes a five-year plan for the purchase and sale of adipic acid and adiponitrile and the license of key technologies for polyamide manufacturing., November 2021: LANXESS announced to expand its high-tech plastics production capacity in China. These plastics include polyamide compounds marketed under the brand name Durethan. The company planned to invest funds to increase the total production capacity of high-tech plastics in China by 30,000 metric tons per year. Through this expansion, the company aims to meet the rising demand from the Chinese automotive industry, especially in the electric vehicles segment., June 2021: Ascend Performance Materials enhanced the production capacity of its HiDura PA 610 and 612, the new long-chain PA product line. These polymers will be used to develop durable materials for EVs, consumer goods, and industrial applications.. Key drivers for this market are: Rising Demand from the Automotive Industry to Drive Market Growth. Potential restraints include: Strict Regulation for the Reduction of Negative Environmental Impacts to Hinder Market Growth . Notable trends are: Inclusion of PA 6 & PA 6,6 in 3D Printing to Provide Market Growth Opportunities.
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Global Nylon 6 6 Pa 6 6 Engineering Plastics market size 2021 was recorded $5278.37 Million whereas by the end of 2025 it will reach $6494.96 Million. According to the author, by 2033 Nylon 6 6 Pa 6 6 Engineering Plastics market size will become $9833.98. Nylon 6 6 Pa 6 6 Engineering Plastics market will be growing at a CAGR of 5.322% during 2025 to 2033.
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The size of the Nylon market was valued at USD 3.78 Billion in 2023 and is projected to reach USD 5.49 Billion by 2032, with an expected CAGR of 5.47% during the forecast period. Recent developments include: September 2021: AdvanSix launched 100% post-industrial recycled (PIR) grades to its industry-leading portfolio of Aegis PA6 Resins and Capran Biaxially Oriented Polyamide (BOPA) films. The new products offer customers a way to address their sustainability goals by incorporating materials built on recycled monomers reclaimed from waste streams into their end products without compromises or trade-offs on performance., June 2023 saw Advansix, a USA-based company, launch their Aegis Resins and Capran BOPA Films brand, that are made with recycled materials sourced from consumers and industries. The aim of this initiative is to help customers realize their sustainability objectives., March 2022: In India BASF was planning on expanding the production capacity for its polyamide by March 2022. This rise in scale is targeted at satisfying the increasing need for nylon 6 as well as nylon 6,6 in automotive, electronics, consumer goods and industrial manufacturing sectors.. Notable trends are: Growing construction industry will boost market growth.
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Global Polyamide 66 - PA66 market size 2021 was recorded $5571.81 Million whereas by the end of 2025 it will reach $6850.3 Million . According to the author, by 2033 Polyamide 66 - PA66 market size will become $10354.7. Polyamide 66 - PA66 market will be growing at a CAGR of 5.3% during 2025 to 2033.
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Global Polyamide 6 6 PA66 market size 2021 was recorded $30505.4 Million whereas by the end of 2025 it will reach $39244.2 Million. According to the author, by 2033 Polyamide 6 6 PA66 market size will become $64949. Polyamide 6 6 PA66 market will be growing at a CAGR of 6.5% during 2025 to 2033.
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Nylon Monofilament Market size was valued at USD 2 billion in 2021 and is poised to grow from USD 2.13 billion in 2022 to USD 3.53 billion by 2030, growing at a CAGR of 6.5% in the forecast period (2023-2030).
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The size of the Asia-Pacific Polyamide Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 4.00% during the forecast period. Recent developments include: January 2022: As part of the collaboration, Invista Textiles (UK) Limited planned to license its nylon 66 polymerization technology for two new production lines to Pingmei Shenma.August 2021: Koch Industries Inc.'s subsidiary, Invista, has a subsidiary in China called Invista Nylon Chemicals (China) Co., which planned to double its current nylon 66 polymer production capacity at Shanghai Chemical Industry Park (SCIP) to 400,000 tons per year, strengthening Koch Industries Inc.'s integrated nylon 66 value chain in China.June 2021: Hangzhou Juheshun New Materials Co. Ltd increased the capacity of its polyamide 6 production facility in China to 300,000 tons to address the growing demand.. Key drivers for this market are: Huge Growth in the Polyurethane Foam Application, Increasing Demand from the Construction Industry. Potential restraints include: Shortage and Increased Price of Raw Material, Other Restraints. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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Discover the booming Asia-Pacific polyamide market! This in-depth analysis reveals key trends, drivers, restraints, and forecasts (2025-2033) for this high-growth sector, segmented by resin type and end-use industry. Explore market size, CAGR, and leading companies. Recent developments include: January 2022: As part of the collaboration, Invista Textiles (UK) Limited planned to license its nylon 66 polymerization technology for two new production lines to Pingmei Shenma.August 2021: Koch Industries Inc.'s subsidiary, Invista, has a subsidiary in China called Invista Nylon Chemicals (China) Co., which planned to double its current nylon 66 polymer production capacity at Shanghai Chemical Industry Park (SCIP) to 400,000 tons per year, strengthening Koch Industries Inc.'s integrated nylon 66 value chain in China.June 2021: Hangzhou Juheshun New Materials Co. Ltd increased the capacity of its polyamide 6 production facility in China to 300,000 tons to address the growing demand.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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As per Cognitive Market Research's latest published report, the Global Hexamethylenediamine market size was $5,962.03 Million in 2018 and it is forecasted to reach $8,476.25 Million by the end of 2030. Hexamethylenediamine Industry's Compound Annual Growth Rate was 5.94% from 2024 to 2031.
Market Dynamics of the Hexamethylenediamine Market
Key Driver of the Hexamethylenediamine Market
Increasing demand for chemical intermediates in the manufacturing of nylon 6,6
The growth of the hexamethylenediamine market is primarily driven by the increasing demand for chemical intermediates in the manufacturing of nylon 6,6. Nylon 66 is basically produced by the condensation reaction of hexamethylenediamine and adipic acid. The demand for nylon products is increasing at a fast pace, especially in the Asia Pacific region. For example, China’s demand is accounted for nearly more than half of the total production and consumption of nylon in the Asia Pacific region and is expected to become the world’s largest nylon consumer.
Nylon is a strong, elastic, and abrasion-resistant polymer that is used to manufacture consumer products. Primary nylon uses are for carpets, tire cords, molded products, textiles, apparel, and home furnishing. The nylon 6,6 process includes adipic acid, hexamethylene diamine, and water added to a reaction vessel to form a nylon salt solution. Furthermore, hexamethylenediamine (HMDA) is an important chemical compound used in the manufacturing of nylon 6,6, which is a type of polyamide widely used in various industrial applications, including textiles, carpets, automotive components, and electrical equipment. In recent years, there has been an increasing demand for nylon 6,6, and as a result, the demand for HMDA has also been on the rise. This is due to the unique properties of nylon 6,6, which make it suitable for a wide range of applications, including its strength, durability, and great resistance to heat and chemicals.
The growing demand for nylon 6,6 products in China and the Asia Pacific region has encouraged manufacturers to continue their investments in this field. For example, in august, 2021, Invista Nylon Chemicals announced its plans to double the current nylon 6,6 polymer production at Shanghai Chemical Industry Park (SCIP) and signed an agreement of cooperation with SCIP. The new capacity enables
Invista to quickly respond to the growing demand for engineering plastics in automotive, electrical, and other application areas. As a result of this, increasing demand for nylon 6,6, and simultaneously the demand for the HMDA is also growing over the forecast period.
Rise in usage of hexamethylenediamine in a wide range of applications including resins, paints, adhesives, plastics, rubber, paper, water, lubricants, and detergency
The demand for hexamethylenediamine is rising in a variety of applications including resins, paints, adhesives, plastics, rubber, paper, water, lubricants, and detergency. Hexamethylenediamine is used mainly for the manufacture of unmodified resins, water treatment resins, paper manufacturing, and adhesive resins. The application of hexamethylenediamine is solely industrial product-based. The HMDA is increasingly adopted for the production of nylon resin synthesis in the field of engineering plastics, textile fibers, and industrial yarns. HMDA is also accepted as an intermediate for hexamethylene diisocyanate (HDI) for the manufacturing of paints and inks and as a raw material for isocyanates production for the manufacturing of high-performance PU. In addition, HMDA has also been used for coatings, detergency, hot melt glues, adhesives, stabilizers for plastics, water treatment chemicals, wet strength paper resins, lubricants, and cross-linking agents for epoxy resin production. The rapid growth of the adhesives and coating industry is ultimately influencing the demand for the HMDA market. HMDA is widely utilized as a curing agent for epoxy adhesives and as a cross-linking agent for coatings and paints. The growth of the adhesives and coatings market in various end-use industries such as automotive, construction, and aerospace is driving the demand for the hexamethylenediamine market. Furthermore, HMDA is utilized as a curing agent for various resins, including polyurethane and polyester resins. These resins are widely adapted in the production of composites, coatings, and adhesives. The increasing demand ...
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The South American polyamide market, encompassing diverse applications across aerospace, automotive, construction, and electronics, is poised for substantial growth. While precise market size figures for 2019-2024 are unavailable, leveraging the provided CAGR and considering the region's expanding industrial base and infrastructure development, we can project a robust upward trajectory. The market's expansion is driven by increasing demand for lightweight, high-strength materials in the automotive and aerospace sectors, particularly in Brazil, Argentina, and Colombia, where manufacturing activities are concentrated. Furthermore, growth in the building and construction sector, coupled with rising disposable incomes and improved living standards, further fuels the demand for polyamide resins. However, economic volatility and fluctuating raw material prices pose significant challenges to sustained growth. The preference for specific polyamide types, such as PA66 due to its superior properties, presents opportunities for manufacturers specializing in this segment. The market segmentation reveals a strong emphasis on specific resin types (PA6 and PA66) reflecting their superior mechanical properties and diverse applications. Considering the projected CAGR and the significant presence of key players such as BASF, Celanese, and DSM in the region, we can expect increased competition and potential for further market consolidation. Focus on sustainable production methods and eco-friendly polyamide alternatives will likely influence future growth, alongside government initiatives promoting industrial development and infrastructure modernization in South America. The dominance of certain end-use industries like automotive and packaging, indicates the importance of catering to these key sectors' specific material requirements. Regional differences in growth are expected, with Brazil leading the way, followed by Argentina and Colombia. This dynamic suggests ample opportunities for strategic investments and market entry for polyamide manufacturers seeking expansion into this promising South American market. Recent developments include: January 2023: DSM introduced two new polyamide grades, Akulon FLX-LP and Akulon FLX40-HP, which will be used as liner materials and will provide robust performance in Type IV pressure vessels used for hydrogen storage.November 2022: Celanese Corporation completed the acquisition of the Mobility & Materials (“M&M”) business of DuPont. This acquisition enhanced the company's product portfolio of engineered thermoplastics through the addition of well-recognized brands and intellectual properties of DuPont.October 2021: EMS-Chemie Holding AG developed polyamide resin to be used as metal replacement under the brand Grivory G7V with high UV stability for increased surface finish applications.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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The Automotive Glass Filled Nylon Market will grow from USD 10.60 Billion in 2025 to USD 14.62 Billion by 2031 at a 5.51% CAGR.
| Pages | 180 |
| Market Size | 2025 USD 10.60 Billion |
| Forecast Market Size | USD 14.62 Billion |
| CAGR | 5.51% |
| Fastest Growing Segment | Polyamide 66 |
| Largest Market | Asia Pacific |
| Key Players | ['Arkema', 'Asahi Kasei Corporation', 'Ascend Performance Materials', 'BASF SE', 'Ensinger', 'Evonik Industries AG', 'LANXESS', 'NYLATECH', 'Radici Partecipazioni SpA', 'SABIC'] |
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Global High Heat - Heat Stabilized Glass Reinforced Polyamide 66 market size 2021 was recorded $3352.05 Million whereas by the end of 2025 it will reach $4596 Million. According to the author, by 2033 High Heat - Heat Stabilized Glass Reinforced Polyamide 66 market size will become $8640.11. High Heat - Heat Stabilized Glass Reinforced Polyamide 66 market will be growing at a CAGR of 8.21% during 2025 to 2033.
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In 2024, the Chinese market for polyamide -6, -11, -12, -6,6, -6,9, -6,10 or -6,12 in primary forms was finally on the rise to reach $9.7B for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $12.4B. From 2019 to 2024, the growth of the market remained at a lower figure.
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The size of the High Performance Polyamide Market was valued at USD 5.6 Billion in 2023 and is projected to reach USD 8.93 Billion by 2032, with an expected CAGR of 6.9% during the forecast period. Recent developments include: March 2022, Asahi Kasei Corporation and Genomatica, a leader in sustainable materials, established a strategic agreement to commercialize renewable nylon 6,6 derived from Genomatica's bio-based hexamethylenediamine (HMD) building block., October 2021, Arkema S.A. has announced the development of a new bio-based polyamide 11 powders factory on its Changshu platform in China, which is scheduled to begin operations in the first quarter of 2023., January2021, BASF SE purchased Solvay's polyamide (PA 6.6) business in 2020, expanding BASF's polyamide capabilities with additional product options.. Key drivers for this market are: Growing Inclination Towards Automotive Lightweighting 28, Growing Demand From Consumer Goods Industry 29; Growing Consumption Electronics & Electrical Industry 30. Notable trends are: Growing consumer demand for lightweight and fuel-efficient materials drives market growth.
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After two years of growth, the Jordanian market for polyamide -6, -11, -12, -6,6, -6,9, -6,10 or -6,12 in primary forms decreased by -3.4% to $158K in 2024. Overall, consumption saw a mild curtailment. As a result, consumption reached the peak level of $473K. From 2021 to 2024, the growth of the market failed to regain momentum.
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Polyamide Market size was valued at USD 35.46 billion in 2021 and is poised to grow from USD 37.77 billion in 2022 to USD 62.51 billion by 2030, at a CAGR of 6.5%
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Get the latest insights on price movement and trend analysis of PA66 (Nylon 66) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).