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

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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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Global PA 66/6 Market

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