Nylon 6 & 66 Market Analysis With Key Company Profiles & Share

Posted by hexa123 on August 16th, 2017

The global nylon 6 & 66 market is expected to reach USD 41.13 billion by 2025, according to a new report. The market is expected to witness growth at 6.1% CAGR owing to Increasing focus on fuel efficient and less polluting vehicles has forced the manufacturers to shift their focus from metals to plastics. Nylon being lightweight and heat resistant, has caught the attention of auto-manufacturers. Extensive demand from automotive industry is expected to trigger the nylon market growth.

 

Nylon 6 holds the largest consumption share in the total nylon resin market, with most of the demand being generated from the textile industry. However, there is an increasing trend of nylon 66 consumption from the engineering plastic industry which is rampantly using nylon 66 to manufacture plastic products, replacing PVC.
There has been a disruption in the supply chain of the nylon value chain, as raw material caprolactam was oversupplied by the Asian manufacturers in the market. This trend had an adverse effect on the caprolactam prices resulting in shutdown of manufacturing units in North America and Europe.

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Nylon 6 and 66 prices witnessed an increase in 2017 but are expected to hold stable in the forecasted years. Asia is predicted to hold a strong presence in the nylon 6 value chain while North America will successfully stabilize its nylon 66 capacity in the forecasted period.

Further key findings from the report suggest:

• Nylon-6 dominates the global market with around 60% of total demand in 2016
• Nylon demand from automotive segment to reach a valuation of USD 11.26 billion by 2025. Increasing adaptation of nylon 66 in engineering plastics to replace traditional plastic has been responsible for the market growth.
• Consumption of nylon (6 and 66) resins is expected to reach 2.8 million tons by 2025 in Europe alone
• Caprolactam production and consumption in Asia Pacific is expected to increase as key nylon manufacturers in the region are expanding their production capacity
• Nylon manufacturers are showing a trend of backward and forward integration to attain mature position in the nylon market
• Asia Pacific is the epicenter of nylon 6 production whereas Europe and North America are expected to attain a strong hold in the nylon 66 market by the end of 2025

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• LC-MS studies are vital in bioanalysis of large molecules. They can be used for various methods such as development & validation, preclinical & clinical sample analysis, immunoanalytical solutions, and microfluidic tests for biologics
• In vivo ADME is designed to assess biopharmaceutical characteristic of a drug at preclinical level. Service providers offer customized study on variety of species. QWBA, mass balance, excretion, expired air collection in rodents, metabolite profiling, and radioactivity sample analysis are the key studies offered
• North America dominated the global Nylon 6 & 66 market in 2016. This can be attributed to the fact that it is one of the top manufacturing hubs of highly reliable, complex, and high-end pharmaceuticals
• Some of the key players in this market include PPD, ICON plc., Covance Inc., LabCorp, Charles River Laboratories International, Inc., inVentiv Health, SGS SA, Toxikon, Inc., Intertek group, and Pace Analytical Services, LLC.Collaborations, service portfolio expansion and merger & acquisitions are key strategic undertakings by these players

Table Of Content

• Chapter 1. Methodology and Scope
• Chapter 2. Executive Summary
• Chapter 3. Nylon 6 & 66 Market Variables, Trends & Scope
• Chapter 4. Nylon 6 & 66: Molecule Type Estimates & Trend Analysis
• Chapter 5. Nylon 6 & 66: Test Type Estimates & Trend Analysis
• Chapter 6. Nylon 6 & 66: Regional Estimates & Trend Analysis

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Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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