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PA66 Engineering Plastics Market To Record Stellar Growth During The Forecast Period 2022 – 2027

Published on: May 2022

PA66 Engineering Plastics - an overview on the market

PA66, generally known as nylon 6, 6, is a polyamide belonging to the nylon family. Hexamethylenediamine and adipic acid are used to make it. When high mechanical strength, stiffness, and heat stability are required, PA66 engineering polymers are typically employed. They're used in a variety of industries, including automotive, electrical and electronics, industrial, and consumer. PA66 engineering plastics output increased by more than 3.62 percent in the global market from 1404.2 K MT in 2011 to 1618.9 K MT in 2015. North America dominated the worldwide PA66 engineering plastics market in 2015, accounting for 47.48 percent of global PA66 engineering plastics output. Europe is the world's second-largest market, accounting for 28.75 percent of global production.

Key Market Players for PA66 Engineering Plastics worldwide

Invista, Ascend, Solvay, BASF, Asahi Kasei, Dupont, and Shenma are the primary makers of PA66 engineering plastics at the moment. Invista is the world leader, with a production market share of 24.63 percent in 2015. PA66 engineering plastics are widely used downstream in the automotive, electrical and electronics, mechanical equipment, and other industries, and PA66 engineering plastics have recently gained significant importance in different domains of automotive. The PA66 engineering plastics market is primarily driven by rising automotive demand, which accounts for about 50.18 percent of total downstream PA66 engineering plastics consumption in the world.

What is the predicted market growth of PA66 Engineering Plastics?

With a CAGR of 3.44 percent from 2016 to 2021, the global market is predicted to increase steadily due to rising applications, therefore PA66 engineering plastics production will show a stable growth pattern in the next few years. PA66 engineering plastics output is expected to reach 1976 KMT in 2021. In terms of product prices, the recent moderate declining trend will continue in the future.

This study examines the PA66 Engineering Plastics market in terms of product type, application, key manufacturers, and important regions and countries, as well as market shares and potential opportunities.

This study takes into account the value and volume of PA66 Engineering Plastics generated by the sales of the following segments:

Segmentation by product type

  • Injection Moulding Grade
  • Extrusion Grade

Segmentation by application type

  • Automotive
  • Electrical & Electronics
  • Machinery equipment
  • Others

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