Polyamide 6,6 Market to Grow at a CAGR of 5.41% by 2035 | ChemAnalyst

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Polyamide 6,6 Market to Grow at a CAGR of 5.41% by 2035 | ChemAnalyst

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Global Polyamide 6,6 market experienced significant growth as its demand reached 1.34 million tonnes in 2021 and is expected to grow at a CAGR of 5.41% during the forecast period (2023-35). Polyamide 6,6 Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2035. – PowerPoint PPT presentation

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Title: Polyamide 6,6 Market to Grow at a CAGR of 5.41% by 2035 | ChemAnalyst


1
Polyamide 6,6 Market is Expected to Grow at a
CAGR of 5.41 by 2035 ChemAnalyst
According to the ChemAnalyst report, Polyamide
6,6 Market Analysis Plant Capacity, Production,
Operating Efficiency, Process, Demand Supply,
End-User Industries, Type, Distribution Channel,
Regional Demand, 2015-2035, the polyamide 6,6
market witnessed a demand of around 1.34 million
tonnes globally in 2021, and is projected to
grow with a CAGR of 5.41 until 2035 owing to its
rising applications in key end-use sectors such
as automotive, electrical electronics,
textiles, general industrial goods
others. Polyamide 6,6 are polymers that come
under the category of engineering plastics. They
have unique features of durability, reliability,
high tensile strength, and heat resistance
thus, they are used in a wide range of industrial
applications. It is commercially produced by
reacting Adipic Acid with Hexamethylenediamine
followed by a polymerization reaction. Read Full R
eport Here https//www.chemanalyst.com/industry-
report/polyamide-66-market-682
2
Polyamide 6,6 spans a large number of end-use
markets. The primary end-use sector is
automotive, where nylon 6,6 blends replace
heavy-weighted metal parts of vehicles to
deliver high fuel efficiency. Automotive parts
include fan shrouds, intake manifolds, air
cleaners, fuel vapor canisters, air cleaners,
electrical components, oil pans, and
radiator-ending tanks. The increasing sales of
electric vehicles have further boosted the
demand for polyamide 6,6 in the automotive
sector. Production of electrical electronics
components, such as parts for solar cells, wind
panes, electronic appliances, etc., is another
essential end-use sector that is driving the
demand for polyamide 6,6. In the textiles
industry, polyamide 6,6 found its applications
in fabrics, apparel, carpets industrial yarns,
etc. Many domestic and general industrial goods
such as consumer goods, sportswear, home
furnishings, recreational equipment, food
packaging, recharge sockets, battery cell covers
housings, etc., are made using nylon 6,6. The
growing population coupled with rapid
urbanization and industrialization along with
increased per capita income have prompted
improved quality of life, thus creating more
demands for polyamide 6,6 for automotive,
industrial, electronics electrical, textiles
and general industrial goods. Request A Demo
https//www.chemanalyst.com/ChemAnalyst/RequestFor
m Region-wise, Asia Pacific, with its large
population, holds the most prominent demand
share of polyamide 6,6, having consumption of
more than 32 in the region. China, Japan, South
Korea, India Taiwan are the leading markets in
the region, and further growing development
projects are driving the market in the Asia
Pacific region. The polyamide 6,6 market is
expected to increase through 2035, fueled by the
ongoing automotive, electronics textile sector
in the developing south Asian region. Europe
North America hold the second third-largest
market share in the global market to make this
product owing to the growing consumption from
end-user industries. MEA South America region
hold the third fourth largest share of
polyamide 6,6 in demand. They import a
significant portion of their demand from the
Europe North America market.
3
  • According to ChemAnalyst report, Polyamide 6,6
    Market Analysis Plant Capacity, Production,
    Operating Efficiency, Technology, Demand
    Supply, End-User Industries, Distribution
    Channel, Regional Demand, 2015-2035, key players
    in the polyamide 6,6 market globally include
    Invista (Global), BASF SE (Global), Lanxess
    (Global), Du Pont De Nemours Inc. (USA), Ascend
    Performance Materials (USA), Solvay (France,
    Spain), Royal DSM Nv. (Netherlands), Repol-Ube
    (Spain), RadiciGroup Spa Chemicals Plastics
    (Italy), Zig Sheng (Taiwan), Lealea Enterprise
    Co. (Taiwan), Sarla Performance Fibers Ltd.
    (SPFL) (India), Huafon Group (China), Hangzhou
    Dikai Industrial Fabrics Co., Ltd. (China),
    Jiangsu Huayang Nylon Co. Ltd. (China), Zhejiang
    Mesbon Chemical Fibre (APL) (China), Henan Shenma
    Chemical Co. Ltd (China), and Others.
  • Years considered for this report
  • Historical Period 2015-2020
  • Base Year 2021
  • Estimated Year 2022
  • Forecast Period 2023-2035
  • Polyamide 6,6 is identified as a key engineering
    plastic, which is employed in the vast majority
    of End-Use industries. Hence, its broad range of
    industrial manufacturing applications is
    projected to fuel the polyamide 6,6 market growth
    in the forecast period. Fast-growing industries
    such as automotive, electrical electronics,
    textiles, personal, general industrial goods, and
    others are heavily dependent on it. Polyamide
    6,6 predominantly finds its application in
    vehicle production, followed by textiles
    apparels and the consumer goods industry. Owing
    to all these applications of Polyamide 6,6, a
    surge in its demand is projected to drive its
    market growth over the forecast period and offer
    various openings for manufacturers to expand
    their existing capacities and fill the
    demand-supply gap in the future. said Mr. Karan
    Chechi, Research Director with TechSci Research,
    a research based global management consulting
    firm promoting ChemAnalyst.

4
Report Scope In this report, Polyamide 6,6
market has been segmented into following
categories, in addition to the industry trends
which have also been detailed below
Attribute Details
Market size volume in 2021 1.35 million tonnes
Market size value in 2021 USD6.3 million
Growth Rate CAGR of 5.41 from 2022 to 2035
Base year for estimation 2021
Historic Data 2015 2020
Forecast period 2023 2035
Quantitative units Demand in Million Tonnes and CAGR from 2022 to 2035
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered Capacity By Company Capacity By Location Production By Company Technology End-Use (Automotive, Electrical Electronics, Textiles, General Industrial Others) Sales Channel (Direct Sales Indirect Sales) Process
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Netherlands Saudi Arabia Iran South Africa Brazil Argentina
5
Key companies profiled Invista (Global), BASF SE (Global), Lanxess (Global), Du Pont De Nemours Inc. (USA), Ascend Performance Materials (USA), Solvay (France, Spain), Royal DSM Nv. (Netherlands), Repol-Ube (Spain), RadiciGroup Spa Chemicals Plastics (Italy), Zig Sheng (Taiwan), Lealea Enterprise Co. (Taiwan), Sarla Performance Fibers Ltd. (SPFL) (India), Huafon Group (China), Hangzhou Dikai Industrial Fabrics Co.,Ltd. (China), Jiangsu Huayang Nylon Co. Ltd. (China), Zhejiang Mesbon Chemical Fibre (APL) (China), Henan Shenma Chemical Co. Ltd (China), and Others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
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