Nylon 6,6 Market Growth, Industry Research Report To 2022

Global nylon 6,6 market is anticipated to witness strong growth on account of widespread applications in machine parts, ball bearing cages, airbags, tires and conveyor belts. Nylon 6,6 is a polyamide made from adipic acid It can be reinforced with impact modifiers, fillers , internal lubricants and fibers to enhance physical properties such as ductility, stiffness, strength, wear resistance and friction properties.

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Nylon 6,6 has vast market opportunity on account of properties such as resistance to chemicals, improved toughness, good appearance and processing flexibility making it ideally suited for applications such as automotive, consumer goods, industrial, electrical and electronics and various other applications such as turbine blades and medical applications. Rising demand from growing automotive applications is further anticipated to spur nylon 6,6 market over the forecast period. Environmental regulations and emission standards of automobiles in developed countries of Europe are driving light weight vehicles market which in turn is expected to trigger nylon 6,6 market.

Electronics and electrical form the major application area of nylon 6,6 on account of processing flexibility and several other advantageous properties. Rising demand for high performance, light weight materials from increasing population base is further fuelling electronics and electrical market in the coming seven years. North America was the largest producer of nylon 6,6 in 2014 however, Asia Pacific is expected to witness fast growth in terms of production and consumption of nylon 6,6 in coming years.

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Major players dominating the nylon 6,6 market include BASF SE, Honeywell International Inc, DuPont, Ube Industries, Royal DSM N.V, Evonik Industries AG, Li peng Enterprice Company Ltd. Radici Group, Asahi Kasei Corporation, Invista S.A.R.L and Lanxess AG INVISTA a niche player in nylon 6,6 market has entered into a exclusive, long term agreement with Petrochemical Conversion Company to purchase and market nylon 6,6 engineering resin. INVISTA’s nylon 6,6 products find application in industrial textiles, apparels, engineering polymer applications in automotive, electrical and industrial consumer markets.

In addition, INVISTA, world leader in nylon intermediates has signed a Land Reservation Agreement in China for nylon 6,6 polymer site. DuPont another leader in nylon 6,6 market is involved in manufacture of broad range of nylon impact additives that help customize impact strength og polyamide compounds. These compounds find application in sporting goods, on account of improved toughness at reduced cost.

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