Published on: May 2022
Industry Data Analytics - your hawkeye to the market share overview of Nylon-66
Nylon 66 could be a common type of Nylon or polyamide resin due to its strength, ductility, high durability, and high temperature tolerance. Engineering thermoplastic composites and fibre yarns are made with it. In metal replacement applications, Nylon 66 is widely used. Nylon 66 is made via the poly-condensation of hexamethylenediamine and hexanedioic acid. In comparison to Nylon 6, Nylon 66 has quite a high thermal resistance and better mechanical characteristics.
Did someone say all rounder? A global jump to Nylon-66 and 100 marks for the multi-purpose usage
To improve physical qualities like stiffness, ductility, strength, friction properties, and wear resistance, it is strengthened with impact modifiers, fibers, internal lubricants, and fillers. Machine parts, ball-bearing cages, ropes, pipelines, tyres, carpet fibers, conveyor belts, electro-insulating materials, airbags, and garments all use Nylon 66. Nylon 66 is suited for a variety of engineering applications due to its attractive look, high temperature and chemical resistance, processing flexibility, and toughness. Nylon 66 is widely used in industrial, automotive, commerce products, and electronics and electrical applications.
Imperishable and economical option - Nylon-66 takes it home
The resin grade category is expected to grow at a significant rate throughout the projection period. Glass fibers can be made lighter by using resin-grade Nylon 66, which improves their performance qualities and makes them appropriate for lightweight automobile engines and electric components.
Unmatched growth for Nylon-66
In 2017, the automotive segment accounted for a significant portion of the market. During the forecast term, this tendency is likely to continue. Furthermore, because of the increasing demand for Nylon 66 in connection manufacturing, the electrical & electronics industry is expected to grow at a significant CAGR between 2018 and 2026.
Untapped regions for the growth of Nylon-66
In North America, the United States might be a lucrative market for Nylon 66. The global Nylon 66 market is expected to grow as automotive production rises around the world. The automotive industry in North America is also growing rapidly, which is expected to provide lucrative prospects for the Nylon 66 market in the area in the coming years. During the projection period, Asia Pacific's market share is expected to grow. The market for Nylon 66 in Europe is expected to grow rapidly in the near future. During the projected period, markets in geographical areas and geographical regions, as well as in Africa, are expected to grow at a slow pace.
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