Global Nylon 66 Market, By Grade (Fiber, Resin), Product (Standard Grade, Heat Stabilized Grade, Other), Application (Textiles, Industrial/Machinery, Carpets, Automotive, Consumer Goods and Appliances, Carpets, Packaging, Films and Textiles, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Nylon 66 Market
The nylon 66 market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 6,967.2 million by 2028 and to exhibit a CAGR of 3.0% in the above-mentioned forecast period.
Nylon 66 is basically a nylon or polyamide that possess excellent mechanical properties. It is most common for textile and plastic industries and is widely used engineering thermoplastic materials due to its beneficial properties such as higher melting point, outstanding dimensional stability, and more compact molecular structure.
The increase in the production of electronic and electrical products is the root cause fueling up the nylon 66 market growth rate. Furthermore, the shift towards fuel-efficient and eco-friendly automobiles has encouraged the application of nylon 66 in automobiles and growing awareness regarding its various beneficial properties such as excellent resistance to abrasion, high tensile strength and wrinkle-proof with high elasticity and excellent luster is further estimated to cushion the growth of the market. However, the factors such as high hygroscopicity and difficulties in controlling molding process is will hammer down the growth rate of the market.
- On the other hand, the research and development activities and various innovations by the players generate various opportunities for the market. The raises concern among players regarding shortage of the raw materials pose as challenge for the market’s growth.
This nylon 66 market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on nylon 66 market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Nylon 66 Market Scope and Market Size
The nylon 66 market is segmented on the basis of grade, product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of grade, the nylon 66 market is segmented into fiber and resin.
- On the basis of product, the market is segmented into standard grade, heat stabilized grade and others.
- On the basis of application, the nylon 66 market is segmented into textiles, industrial/machinery, carpets, automotive, consumer goods and appliances, carpets, packaging, films and textiles and others.
Nylon 66 Market Country Level Analysis
The nylon 66 market is segmented on the basis of grade, product and application.
The countries covered in the nylon 66 market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is estimated to dominate the nylon 66 market owing to the factors such as technological innovations, presence of major market players and a relatively matured market for the automotive industry in the region. Asia-Pacific on the other hand, will continue to however show lucrative growth within the forecast period owing to growth of automobile and packaging industries.
The country section of the nylon 66 market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Nylon 66 Market Share Analysis
The nylon 66 market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to nylon 66 market.
The major players covered in the nylon 66 market report are UBE INDUSTRIES Ltd., BASF SE, Ascend Performance Materials, Ensinger, LANXESS, Radici Partecipazioni SpA, Asahi Kasei Corporation, DSM, Dow, DuPont, CELANESE CORPORATION, UBE INDUSTRIES LTD, Ascend Performance Materials, EMS-CHEMIE HOLDING AG, INVISTA, Honeywell International Inc., Sabic, rhodiapads, LIBOLON, LyondellBasell Industries Holdings B.V among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.