Global PA 66/6 Market

PA 66/6 Market Size, Share, Growth Analysis, By Type(PA 66 and PA 6), By Application(Automotive, Textile) - Industry Forecast 2024-2031


Report ID: SQMIG15E2148 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 63 | Figures: 75

PA 66/6 Market Insights

Global PA 66/6 Market size was valued at USD 32.6 billion in 2022 and is poised to grow from USD 34.69 billion in 2023 to USD 56.98 billion by 2031, growing at a CAGR of 6.40% during the forecast period (2024-2031).

PA 6 has 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 PA-6. Approximately 6.6 million metric tons of PA-6 was produced globally. In a wide variety of applications, both PA 6 and PA 66 can be used alternately depending on the local availability and the applications that require them in a particular environment.

PA 66 is one of the most widely used synthetic polymers in the automotive, plastics, and textile industries. PA 66 is commonly contrasted with the properties of PA 6. PA 66 has a large mold shrinkage capacity, indicating that its shape changes more prominently after processing.  Also, its more crystalline structure makes it more heat resistant, increasing its use in a variety of applications that require high-end polymers, thus boosting the demand for PA 66 in the market. Thus, PA 66 is commercially used in Nylon 66 is thus used in battery modules, friction bearings, conveyor belts, and luggage.

International demand for polyamide materials is rising; global adoption of new energy vehicles is expected to reach 45% by 2025, and automakers are rapidly using sustainable materials to build components, all of which are important growth factors for the polyamide industry. Also, demand from small contractors, plug switches, circuit breakers, and other components in electrical and electronics boosts the global polyamide market growth.

US PA 66/6 Market  is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 32.6 billion

Largest Segment

PA 6

Fastest Growth

PA 6

Growth Rate

6.40% CAGR

Global PA 66/6 Market ($ Bn)
Country Share for Asia Pacific Region (%)
Global PA 66/6 Market By Type ($ Bn)
Global PA 66/6 Market By Type (%)

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PA 66/6 Market Segmental Analysis

Global PA 66/6 Market is segmented on the basis of type, application and region. On the basis of type, global PA 66/6 market is segmented into, nylon 6 (PA 6) and nylon 66 (PA 66). On the basis of application, global PA 66/6 Market is segmented into automotive, electrical & electronics, textile, wire & cables, industrial and machinery. By region, global PA 66/6 Market is divided into North America, Europe, Asia Pacific, Latin America, and MEA.

PA 66/6 Market Analysis by Type

On the basis of type, global PA 66/6 market is segmented into, nylon 6 (PA 6) and nylon 66 (PA 66). The PA 6 segment dominated the global market in 2022. The properties of PA 6 make it a suitable, cost-effective substitute for materials such as rubbers, plastics, aluminium, gunmetal, brass, and bronze. These properties have driven the demand for PA 6 in the electrical and electronics sector. PA 6 segment has strong adoption in the textile industry, due to its high mechanical strength, toughness, and wear resistance. It is used to produce webbing products like dog leashes, safety belts, luggage, and sports goods.

PA 66 is a synthetic rubber-like polymer with high resistance to chemicals, particularly solvents. It has a molecular weight of around 2,000 and can be injected in a semi-crystalline or amorphous form. PA 66 has a wide range of applications in the food packaging industry due to its low water absorption capacity and high flexibility at room temperature. PA 66 has a property like high elasticity of engineering plastics and is mostly used for injection molding applications. It is mainly used for making plastic components for automotive and electronic appliances.

PA 66/6 Market Analysis by Application

On the basis of application, global PA 66/6 market is segmented into automotive, electrical & electronics, textile, wire & cables, industrial and machinery. The automobile application segment dominated the global market in 2022. Polyamide composites help in the weight reduction of automotive components as well as the environmental sustainability of automotive parts. Airbag canisters, air intake manifolds, automobile cooling systems, bezels, headlamps, and hydraulic clutch lines are all made from composites. They are also used in exterior parts such as mirrors, front-end grilles, handles, tailgates, fuel caps, and wheel covers. Nylon composites are expected to have a significant demand in the automotive industry due to factors such as the need for lightweight vehicles in order to improve fuel efficiency, wear resistance, and excellent mechanical properties.

About 60% of the worldwide market is covered by PA-6, mostly for textile and carpet production. The demand for PA-6 in the textile industry has increased significantly. Lightweight and sheer clothing manufactured of PA 6 and PA 66 is high in demand due to good abrasion resistance and extensibility properties.

Global PA 66/6 Market By Type, 2022 (%)

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PA 66/6 Market Regional Insights

On the basis of region, global PA 66/6 market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. The Asia Pacific dominated the global market in 2022. The availability of low-cost raw materials and labour, with the increased spending power, is a major driver for the market in this region. The availability of large untapped markets and supportive government policies are supporting global nylon manufacturers to set up production and distribution facilities in the region. Electrical and electronics industries are becoming more interested in PA 66 and PA 6 because plastic parts are more compact and can be easily combined with other components, simplifying the design method.

Global PA66/6 market in North America is primarily driven by the growth of the automotive, aerospace, and key manufacturing industries. Increased application of engineering plastics in various industries such as aerospace, automobile, defence, electrical, and electronics is boosting the demand for PA66 and PA 6 in North America. End-use companies in Canada are looking to include sustainable products in their product portfolio and are collaborating with bio-based nylon manufacturers, which will further contribute to market growth.

Europe accounted for a significant share of global PA66/6 market, due to rising demand for lightweight materials that are corrosion resistant and have high strength properties similar to steel, making them suitable for use in a variety of applications such as gears and cams, so all these factors driving overall market growth in this region during the forecast period.

Global PA 66/6 Market By Region, 2024-2031
  • Largest
  • Fastest

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PA 66/6 Market Dynamics

PA 66/6 Market Driver

Rising demand from automotive industry

  • PA 66/6 is mostly used in automotive industry due to its properties such as strength and toughness, improve fuel efficiency, wear resistance and excellent mechanical properties. The polymer supports in injection and molding process, so it is widely used in manufacturing various auto parts. All these beneficial properties increase the demand for PA 66/6 in the automotive industry, driving the PA 66/6 market worldwide.

PA 66/6 Market Restraint

Strict regulations for the reduction of negative environmental impacts

  • Plastic pollution is one of the major problems in the world. PA 66/6 is non-degradable and remains in environment for several years. Fishing nets are made from nylon fibre which is major source of pollution in environment. Polyamide production and processing are significant contributors in water pollution. Consumers have become aware and concerned about environmental health in past few years.

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PA 66/6 Market Competitive Landscape

Global PA 66/6 market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global market.

For example, in 2021, BASF announced the launch of a new brand heat-stabilized Ultramid B3PG6 BK23238.

In August 2021, LANXESS acquired a United States-based world-leading manufacturer of specialty chemicals - Emerald Kalama Chemical.

PA 66/6 Market Top Player's Company Profiles

  • BASF SE
  • DSM N.V.
  • Invista
  • Ascend Performance Materials LLC
  • Lanxess AG
  • Radici Partecipazioni SpA
  • Solvay S.A.
  • Arkema SA
  • EMS-Chemie Holding AG
  • SABIC
  • Evonik Industries AG
  • Royal DSM N.V.
  • DuPont de Nemours Inc.
  • UBE Industries Ltd.
  • Toray Industries Inc.
  • Quadrant AG
  • Asahi Kasei Corporation
  • Mitsubishi Chemical Holdings Corporation
  • Formosa Plastics Corporation
  • Celanese Corporation

PA 66/6 Market Recent Developments

  • In January 2022, Domo Chemicals, the leading supplier in the European polyamide market, opened up access to its TECHNYL-branded products to customers all over the world. High thermal and chemical resistance with materials, lighter engineering solutions, flame-retardant materials for greater electrical protection, high aesthetic materials, and unique solutions for extrusion, friction, and wear resistance are among the primary applications of TECHNYL that are in demand. The international rollout of TECHNYL will open up new opportunities for DOMO as a global business serving our clients all over the world.
  • In August 2021 Lululemon Athletica, a Canadian garment business, teamed with Genomatica to develop plant-based nylon for use in Lululemon goods. Through this collaboration. Companies would aim to build sustainable products that would positively impact the market in the next years.
  • In November 2021, BASF will begin construction on a new R&D facility in Ansan, the Engineering Plastics Innovation centre of Korea. The integrated R&D team, polyamide business competencies, new capabilities, and a Consumer Electronics Competency centre are all housed in the new building. South Korea’s R&D capabilities include unique inventions, technical skills, upgraded materials, and part testing services. In South Korea, more material testing can be carried out on polyamide, polybutylene terephthalate, and polyoxymethylene.

PA 66/6 Key Market Trends

  • PA 66/6 has superior properties such as high durability and flexibility. Both of these properties make them good choices for 3D printing. This material has a potential to go in 3D printers. Also, it has moisture absorption property which helps in easy post-processing with fabric dyes and spray paints. Flexibility and durability of polyamides can helps in 3D printing parts with thin walls. Advancement in 3D printing technology by adopting polyamide (PA 66/6) is a key trend that boost the market growth.

PA 66/6 Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.

According to our global PA 66/6 market analysis, the PA 6 segment led the global market in 2021. In terms of region, Asia Pacific dominated the market in 2021. Rising demand from automotive industry boosts the growth of market. Advancement in 3D printing technology by adopting polyamide (PA 66/6) is a key trend that boost the market growth.

Report Metric Details
Market size value in 2022 USD 32.6 billion
Market size value in 2031 USD 56.98 billion
Growth Rate 6.40%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • PA 66 and PA 6
  • Application
    • Automotive, Textile, Electrical and electronics, Wire and cables, Industrial and machinery
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • BASF SE
  • DSM N.V.
  • Invista
  • Ascend Performance Materials LLC
  • Lanxess AG
  • Radici Partecipazioni SpA
  • Solvay S.A.
  • Arkema SA
  • EMS-Chemie Holding AG
  • SABIC
  • Evonik Industries AG
  • Royal DSM N.V.
  • DuPont de Nemours Inc.
  • UBE Industries Ltd.
  • Toray Industries Inc.
  • Quadrant AG
  • Asahi Kasei Corporation
  • Mitsubishi Chemical Holdings Corporation
  • Formosa Plastics Corporation
  • Celanese Corporation
Customization scope

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  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on PA 66/6 Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on PA 66/6 Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the PA 66/6 Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the PA 66/6 Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the PA 66/6 Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the PA 66/6 Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

PA 66/6 Market size was valued at USD 32.6 billion in 2022 and is poised to grow from USD 34.69 billion in 2023 to USD 56.98 billion by 2031, growing at a CAGR of 6.40% during the forecast period (2024-2031).

PA 66/6 market is highly competitive with the presence of local as well as companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of market. 'BASF SE', 'DSM N.V.', 'Invista', 'Ascend Performance Materials LLC', 'Lanxess AG', 'Radici Partecipazioni SpA', 'Solvay S.A.', 'Arkema SA', 'EMS-Chemie Holding AG', 'SABIC', 'Evonik Industries AG', 'Royal DSM N.V.', 'DuPont de Nemours Inc.', 'UBE Industries Ltd.', 'Toray Industries Inc.', 'Quadrant AG', 'Asahi Kasei Corporation', 'Mitsubishi Chemical Holdings Corporation', 'Formosa Plastics Corporation', 'Celanese Corporation'

PA 66/6 is mostly used in automotive industry due to its properties such as strength and toughness, improve fuel efficiency, wear resistance and excellent mechanical properties. The polymer supports in injection and molding process, so it is widely used in manufacturing various auto parts. All these beneficial properties increase the demand for PA 66/6 in the automotive industry, driving the PA 66/6 market worldwide.

PA 66/6 has superior properties such as high durability and flexibility. Both of these properties make them good choices for 3D printing. This material has a potential to go in 3D printers. Also, it has moisture absorption property which helps in easy post-processing with fabric dyes and spray paints. Flexibility and durability of polyamides can helps in 3D printing parts with thin walls. Advancement in 3D printing technology by adopting polyamide (PA 66/6) is a key trend that boost the market growth.

On the basis of region, PA 66/6 market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. The Asia Pacific dominated the market in 2022. The availability of low-cost raw materials and labour, with the increased spending power, is a major driver for the market in this region. The availability of large untapped markets and supportive government policies are supporting nylon manufacturers to set up production and distribution facilities in the region. Electrical and electronics industries are becoming more interested in PA 66 and PA 6 because plastic parts are more compact and can be easily combined with other components, simplifying the design method.

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