Polyamide-6 Market Dynamics, Forecast, Analysis and Supply Demand 2016-2026



Polyamide-6 Market Dynamics, Forecast, Analysis and Supply Demand 2016-2026
Polyamide-6 Market
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Report Description
Polyamide -6 (PA6) is a semi-crystalline polyamide commonly known as Nylon-6.
Polyamide-6 is generally produced by polymerization of caprolacta. The strength,
durability and elasticity which it offers is widely appreciated in industries. Properties such
as ability to withstand high pressure, temperature and various chemical makes it a highly
valued material. These physical and chemical properties makes Polyamide-6 suitable for
various application sectors. Of all the Polyamides types produced, Polyamide-6 accounts
for approximately more than 60% of worldwide production in terms of volume. The
global capacity of Polyamide-6 in 2013 is anticipated to be approximately 6.6 million
metric tons.
Polyamide -6 Market: Drivers and Restraints
The major drivers for the global polyamide-6 market is its usage is its wide application
sectors such as automotive, electronics & electrical, engineering plastics, packaging,
wires & cables, textiles, and films & coating and others. Therefore, increasing demand for
the above application sectors is expected to have a positive impact on the market in the
coming years. The numerous niche applications for PA6 such as its usage in healthcare &
music instruments is expected to positively affect the demand for polyamide 6 (PA6) in
the coming years.
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Report Description
Though the polyamide-6 (PA6) is regarded as one of the ideal materials for its physical
and chemical properties yet some properties such as high shrinkage in molded sections,
reaction with strong acids and bases may hamper the selection of PA6. Over
specification, such as in automotive industry regarding the safety reasons may drift
towards alternative products such as reinforced polypropylene, thereby restraining the
growth of PA6. The insufficient flame retardance and significant flammable dripping
might affect the use of PA6.
Polyamide -6 Market: Segmentation
On the basis of type, the global polyamide-6 market is segmented into:
•Polyamide-6 (PA6) Fiber
•Polyamide-6 (PA6) Resin
On the basis of application, global Polyamide -6 Market is segmented into:
•Electrical and Electronics
•Industrial Application
•Others (includes music, healthcare, coating sector)
Report Description
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Polyamide -6 Market: Region Wise Outlook
The consumption of Polyamide-6 is expected to grow at a significant CAGR of more than
5% during the forecast period, globally. Asia Pacific especially China, Japan, Taiwan and
India are the major consumers of polyamide-6 since this region offers significant
opportunities for Polyamide-6 in various application sectors such as transportation,
electrical & electronics, textiles and others. It is estimated that by the end of 2015, China
and Taiwan would account for approximately half of the world’s polyamide-6 production
in terms of volume. Demand for polyamide-6 in regions such as North America and Latin
America is forecasted to grow at a stagnant CAGR.
Polyamide -6 Market: Key Players
Some of the market participants in the global polyamide-6 (PA6) market are BASF SE,
Honeywell International Inc., DuPont, Royal DSM N.V., UBE INDUSTRIES, LTD., Invista,
Formosa Plastics Corporation, Gujarat State Fertilizers and Chemicals and others.
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