The global nylon-6 market is expected to secure US$ 26,040.9 Million in 2032 while expanding at a CAGR of 5.9%. The market is likely to hold a value of US$ 14,679 Million in 2022. Growing concern about the environment as well as the demand for nylon-6 in the emerging textile market will make nylon-6 a more attractive product in the market. The incorporation of PA 6 and PA 6, 6 into 3-D printing systems is expected to lead to market growth for nylon-6 in the market. From 2016 to 2021, the market displayed a growth rate of 5.1%.
Nylon-6 is a polyamide that is semi-crystalline and commonly known as polyamide -6 (PA6). The polymerization of caprolactam leads to the production of polyamide-6. Due to its unique properties, many industries value its strength, durability, and elasticity in the market. As a result of its high pressure, heat, and corrosion resistance, it is highly regarded in the manufacturing industry.
Moreover, nylon-6 is characterized by a variety of physical and chemical properties that make it suitable for a broad range of applications. About 60% of global production of polyamides is composed of nylon-6. Approximately 6.6 million metric tons of nylon-6 were produced globally in 2013. In a wide variety of applications, both nylon 6 and nylon 66 can be used interchangeably depending on the local availability and the applications that require them in a particular environment. It becomes evident that nylon 66 and nylon 6 have different properties for industrial uses.
In addition to its excellent properties as an engineered thermoplastic, nylon 6 also has good flow properties, moldability, extrusion capability, chemical resistance, and morphological properties. In various applications that involve fused filament fabrication (FFF), nylon 6 is considered a promising candidate in future markets.
Data Points | Key Statistics |
---|---|
Expected Base Year Value (2022) | US$ 14,679 Million |
Anticipated Forecast Value (2032) | US$ 26,040.9 Million |
Estimated Growth (2022 to 2032) | 5.9% CAGR |
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Nylon-6's versatility in a variety of application sectors is the major factor driving the global market, for applications such as automotive, packaging, electronics & electrical, wires & cables, textiles, films & coating, and others. As a result, the market is expected to benefit from an increase in demand for applications in the above sectors.
Nylon 6 (PA-6) is expected to see a surge in demand as a result of its use in healthcare and musical instruments. Furthermore, nylon 6 market growth continues to be spurred by increased capital investments, higher productivity, and a growing product portfolio. Even though nylon-6 (PA6) is considered to be an ideal material due to its physical and chemical properties, some features may inhibit its use, like its tendency to shrink in molded sections.
The lightweight advantages of nylon 6 result in a reduction in fuel emissions as well as improved fuel efficiency. Transportation has become increasingly dependent on plastics in recent years. Films and coatings are also emerging as a major driver in the food industry where films and coatings are being used to produce flexible packaging with a longer shelf life, such as meat packaging, for example. This sector is dominated by low-cost plastic packagings such as PP, PE, and PVC.
Due to its high dielectric resistance, nylon 6 is considered to be the most preferred polyamide in applications subjected to thermal and mechanical stress. Polymer technologies have increased the potential uses for nylon 66, a material expected to be developed over the next five years. This will significantly increase the market for nylon-6 in the near future.
A significant flammable dripping problem and insufficient flame retardance may limit PA6's use. A growing number of regulations designed to reduce the negative impacts on the environment are hampering the market's growth. Pollution caused by plastics is one of the biggest challenges the world currently faces. Over-specified products, such as reinforced polypropylene, may inhibit the growth of PA6 as a result of safety reasons in the automotive industry.
Due to the low prices offered by other products like polyvinylidene fluoride, bio-absorbable polymers, and polypropylene, these products pose a threat of substitutes affecting the market growth. Due to their biodegradability, alternative environment-friendly materials like bio-absorbable materials have the potential to pose a serious threat to the environment.
Fishermen's nets are among the major sources of microplastic pollution in the ocean, created by the breakdown of microscopic plastics. Microplastic pollution in the ocean can have a detrimental impact on marine life. Dyeing fibers can result in significant water pollution, except for synthetic textile fibers which wear off during washing. Since consumers have become more aware and concerned about the environment and health, governments and international organizations have developed methods for monitoring polymers' adverse effects on the environment. These factors are likely to further hinder nylon 6's market growth.
According to the forecast, Nylon-6 will continue to be a top seller in North America, particularly in the transportation sector. According to projections, this region will hold 23.8% of the global market share by 2022. Automotive, aerospace and other key manufacturing markets in North America drive the nylon industry.
North America's demand for nylon is boosted by the increasing use of thermoplastics in the automotive, aerospace, and electrical and electronics industries. Canadian end-users are looking to integrate eco-friendly products into their business, and also to partner with manufacturing firms that produce bio-based nylon all stimulating market growth for these materials in the market.
Sales of electric vehicles have increased rapidly in recent years in the USA, and this trend is likely to continue into the forecast period. In 2021, the sale of electric vehicles in the USA increased by 85% compared to 2021. As a result of the package, commercial and passenger vehicle sales are on the rise. Due to the ban on single-use plastic in the USA, nylon film demand is expected to increase in the region.
Europe is a key market for nylon-6 since automotive manufacturers are becoming more and more prevalent in this region. The majority of nylon 6's production volume was generated in Europe as a result of the manufacturing industries such as automotive and packaging industries in Germany, Italy, France, and the United Kingdom generating most of the demand from these countries in the region. By 2022, nylon-6 will hold a 21.2% share of the global market in the European region.
There is an increasing number of manufacturers and suppliers of nylon-6 germanium ions in these regions, which will lead to further growth in the market for nylon-6 in these countries. The growth in the imports and expansions of various companies in these regions has contributed to the market growth of nylon-6 in these regions in recent years. For instance, BASF plans to build a new Hexamethylene Diamine (HMD) plant in Chalampé, France. BASF expects to start production of HMD in 2024, increasing its output to 260,000 tons per year. Moreover, BASF will increase its production of polyamide 6.6 (Nylon-66) in Freiburg, Germany, starting in 2022. After BASF acquired Nylon-6,6 from Solvay in 2020, the planned investments will help the business grow.
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A type of nylon, nylon 6 is also known as PA6, PA66, or polyamide resin. There are several types of nylon, but nylon 6 and nylon 6,6 are the most commonly used in textile and plastic industries. With a melting point of 265°C, nylon 6,6 exhibits excellent resistance to heat and friction. As a result of this, it is capable of being thermally set in order to preserve its twist.
This dense structure has small, evenly spaced pores, which results in many sites for hydrogen bonds, making this product extremely resilient. its molecular chain has a long length, increasing the number of hydrogen bonds. Consequently, nylon 6,6 resists water stains and nitrous oxide yellowing but is difficult to dye. Once dyed, nylon 6,6 also has superior colorfastness.
There is a wide range of applications for nylon-6 virgin resins because of their excellent technical properties. Automotive applications use them to replace metals, which reduces weight, saves energy, and simplifies production. Additionally, they are used to make polyamide films and extrusion spin carpet yarns, tire cords, and textile yarns. Additionally, manufacturers have products specifically suited to the food industry, the toy industry, and other applications. Additionally, it is a highly recyclable material, making it a sustainable option for the environment. These factors have driven nylon-6 resin demand in the market.
Based on end-user, market demand for nylon-6 is segmented into transportation, textile, industrial application, electrical and electronics, and others such as music, healthcare, and coating sector. As a result of the textile market demand, nylon-6 has experienced significant growth in the market. Lightweight and sheer garments made of nylon-6 and nylon66, with good abrasion resistance and extensibility are in high demand in the current market situation. The good elastic quality of nylon fabrics also means that they are able to retain their shape well, owing to their high shape stability in the textile industry.
A wide range of dress materials is made from fabrics made from fine nylon filament. In addition to their recovery behavior, nylon-based faux fur fabrics are highly durable thus the growing market for textiles in the market. It is common to blend wool with nylon to enhance its durability, which is especially important when outerwear or floor coverings are to be manufactured. As nylon fibers are widely used in more and more applications, including the production of technical textiles, nylon filaments are also widely used in parachutes to aid in the safety of the parachute, safety belts for cars, water pipes, and lightweight canvas fabrics used in luggage. Furthermore, nylon filaments are used for a wide range of applications in the automotive and aviation industries, as well as for lightweight canvas for luggage.
Many start-ups are bringing nylon-6 products to market due to the rising popularity of resins for outdoor applications. As well as offering regular types for textile use, high-strength nylon-6 is widely used in industrial applications. The majority of nylon-6 is used in textiles, transportation, and electronic devices.
Key players in the global nylon-6 market include BASF SE, Honeywell International Inc., DuPont, Royal DSM N.V., UBE INDUSTRIES, LTD., Invista, Formosa Plastics Corporation, Gujarat State Fertilizers and Chemicals, June, Taulman 3D, Printscopia and others.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 5.9% from 2022 to 2032 |
Market Value in 2022 | US$ 14,679 Million |
Market Value in 2032 | US$ 26,040.9 Million |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in US$ Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
FMI projects the global nylon-6 market to expand at a 5.9% value CAGR by 2032
As of 2022, the market for nylon-6 is valued at above US$ 14,679 Million
From 2016 to 2021, nylon-6 demand rose at over 5.1% CAGR
FMI expects the demand for nylon-6 to reach nearly US$ 26040.9 Million by 2032
DuPont, Royal DSM N.V., UBE INDUSTRIES, LTD., Invista, Formosa Plastics Corporation, and Gujarat State Fertilizers and Chemicals are leading the nylon-6 market.
North America is expected to be the most opportunistic Nylon-6 market, accumulating 23.8% revenue in 2022
1. Executive Summary | Nylon-6 Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2016 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2016 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Type, 2016 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Type, 2022 to 2032
5.3.1. Fiber
5.3.2. Resin
5.4. Y-o-Y Growth Trend Analysis By Type, 2016 to 2021
5.5. Absolute $ Opportunity Analysis By Type, 2022 to 2032
6. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2016 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2022 to 2032
6.3.1. Transportation
6.3.2. Electrical and Electronics
6.3.3. Textile
6.3.4. Industrial Application
6.3.5. Others - Includes Music, Healthcare, Coating sector
6.4. Y-o-Y Growth Trend Analysis By Application, 2016 to 2021
6.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032
7. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2016 to 2021
7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2022 to 2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa(Middle East and Africa(MEA))
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016 to 2021
8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Type
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Type
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016 to 2021
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Type
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By Application
9.4. Key Takeaways
10. Europe Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016 to 2021
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Type
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Application
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016 to 2021
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Type
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Application
11.4. Key Takeaways
12. Middle East and Africa(MEA) Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2016 to 2021
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of Middle East and Africa(MEA)
12.2.2. By Type
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Application
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2021
13.1.2.1. By Type
13.1.2.2. By Application
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2021
13.2.2.1. By Type
13.2.2.2. By Application
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2021
13.3.2.1. By Type
13.3.2.2. By Application
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2021
13.4.2.1. By Type
13.4.2.2. By Application
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2021
13.5.2.1. By Type
13.5.2.2. By Application
13.6. United Kingdom
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2021
13.6.2.1. By Type
13.6.2.2. By Application
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2021
13.7.2.1. By Type
13.7.2.2. By Application
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2021
13.8.2.1. By Type
13.8.2.2. By Application
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2021
13.9.2.1. By Type
13.9.2.2. By Application
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2021
13.10.2.1. By Type
13.10.2.2. By Application
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2021
13.11.2.1. By Type
13.11.2.2. By Application
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Type
13.12.2.2. By Application
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2021
13.13.2.1. By Type
13.13.2.2. By Application
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2021
13.14.2.1. By Type
13.14.2.2. By Application
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2021
13.15.2.1. By Type
13.15.2.2. By Application
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2021
13.16.2.1. By Type
13.16.2.2. By Application
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2021
13.17.2.1. By Type
13.17.2.2. By Application
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2021
13.18.2.1. By Type
13.18.2.2. By Application
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2021
13.19.2.1. By Type
13.19.2.2. By Application
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2021
13.20.2.1. By Type
13.20.2.2. By Application
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Type
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. BASF SE
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Honeywell International Inc.
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. DuPont
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Royal DSM N.V.
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. UBE INDUSTRIES, LTD
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Invista
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Gujarat State Fertilizers and Chemicals
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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