The global Polyamide 6,6 market stood at approximately 1400 thousand tonnes in 2022 and is expected to grow at a CAGR of 5.09% during the forecast period until 2035.
Polyamide 6,6 is a versatile polymer that come under the category of engineering plastics. Polyamide 6,6 is produces usually by the polymerization reaction of Hexamethylene diamine (HMDA) and adipic acid. Cyclohexane is used to make adipic acid, while propylene or butadiene is used to make adiponitrile, which is used to make HMDA. Polyamide 6,6 exhibits exceptional wear resistance, abrasion resistance, and electrical insulation. At moderate temperatures, it offers good resistance to most organic solvents, fuels, and alkaline solutions. High barrier resistance to oxygen, carbon dioxide, odors, and transparency, are all characteristics of Polyamide 6,6. Due to its barrier properties, Polyamide 6,6 is perfect for use in single- or multi-layer food packaging. Owing to its flame retardancy, Polyamide 6,6 is widely used in the electricals & electronics industry.
Polyamide 6,6 possess distinctive qualities like high durability, high tensile strength, great abrasion, low coefficient of friction, and high heat and chemical resistance. It is prominently used by automakers for producing radiator end tanks, oil pans, fuel vapor canisters, air cleaners, intake manifolds, fan shrouds, and electrical components. Metal components are replaced with polyamide mixes in automobiles to lighten the vehicle and improve fuel economy. Applications of polyamide 6,6 in the automotive industry have grown in the past years. As a result of rising electric vehicle sales, the demand for Polyamide 6,6 is likely to sharply increase in the forthcoming years. Furthermore, due to higher tensile strength, polyamide 6,6, is extensively used in the textile industry to produce Carpets and Upholstery, which contributes finely to the market. The global Polyamide 6,6 market is anticipated to reach approximately 2700 thousand tonnes in the year 2035.
Regionally, the Asia Pacific region is dominating the Polyamide 6,6 market, followed by Europe and North America. Although, Asia Pacific consumed approximately 34% of the market in 2022 and is anticipated to maintain its dominance in the forecast period. Due to its high demand for Polyamide 6,6 by industries like automotive and textile in China, India, Taiwan, and Indonesia, coupled with the fast-growing population, the demand for Polyamide 6,6 is anticipated to rise in future. Furthermore, Asia Pacific also leads in terms of producing polyamide 6,6 which ranged around 35% in 2022, with China being the prominent player.
Based on the end-user industry, the global Polyamide 6,6 market is segmented into Automotive, Electricals & Electronics, Textiles, General Industries, and Others. Among these, the Automotive sector is dominating the Polyamide 6,6 market. In 2022, this sector held about 28% of the market share and is anticipated to dominate the market even in the forecast period. Additionally, the textile industry also holds significant market shares.
Major players in the production of Global Polyamide 6,6 are Invista Company, BASF SE, Henan Shenma Chemical Co. Ltd, Solvay, RadiciGroup Spa Chemicals & Plastics, Du Pont De Nemours Inc., Lanxess, Royal DSM Nv., Lealea Enterprise Co, Huafon Group, Asahi Kasei, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2035
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Objective of the Study:
• To assess the demand-supply scenario of Polyamide 6,6 which covers production, demand and supply of Polyamide 6,6 market in the globe.
• To analyse and forecast the market size of Polyamide 6,6
• To classify and forecast Global Polyamide 6,6 market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Polyamide 6,6 market in the globe.
To extract data for Global Polyamide 6,6 market, primary research surveys were conducted with Polyamide 6,6 manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Polyamide 6,6 market over the coming years.
ChemAnalyst calculated Polyamide 6,6 demand in the globe by analyzing the historical data and demand forecast which was carried out considering the raw materials to produce Polyamide 6,6 . ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Polyamide 6,6 manufacturers and other stakeholders
• Organizations, forums and alliances related to Polyamide 6,6 s distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Polyamide 6,6 s manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Polyamide 6,6 s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
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Details
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Market size Volume in 2022
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1400 thousand tonnes
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Market size Volume by 2035
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2700 thousand tonnes
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Growth Rate
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CAGR of 5.09% from 2023 to 2035
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Base year for estimation
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2023
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Historic Data
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2015 – 2022
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Forecast period
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2024 – 2035
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Quantitative units
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Demand in thousand tonnes and CAGR from 2023 to 2035
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Report coverage
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Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade
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Segments covered
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By End-Use: (Automotive, Electricals & Electronics, Textiles, General Industries, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
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Regional scope
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North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Pricing and purchase options
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Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
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