Market Overview:
The global PA66 resin market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for engineering plastics and industrial filament applications. In terms of type, the engineering plastics grade segment is expected to dominate the market during the forecast period. This can be attributed to its properties such as high strength, stiffness, and toughness. In terms of application, the industrial filament segment is projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
Polyamide 66 resin is a synthetic polymer made from nylon 6,6. It is used in the production of engineering plastics due to its high strength, toughness and resistance to heat and chemicals.
Engineering Plastics Grade PA66:
PA 66 is a high-performance engineering plastic grade developed by BASF SE for applications requiring high impact resistance, excellent chemical resistance and thermal stability. PA 66 has replaced other engineering plastics such as Polystyrene (PS) in electrical & electronic components owing to its superior properties including higher tensile strength, flexural modulus and heat deflection temperature.
Fibers Grade PA66:
Fibers Grade PA66 is a type of polymer-based powder, which is produced from high purity and ultra-high purity polyacrylonitrile. It has the ability to be molded into any shape and can also be made into fibers. Fibers grade PA66 have applications in various end-use industries such as automotive, construction, electrical & electronics, medical equipment manufacturing and textile industries among others.
Application Insights:
Engineering plastics was the dominant application segment and accounted for over 60% of the total revenue in 2017. Growing demand for electrical & electronics components in automobiles, consumer durables & appliances, medical equipment and telecommunication services is expected to drive engineering plastics grade PA66 demand over the forecast period.
Industrial filament is projected to witness significant growth at a CAGR of XX%, in terms of volume, from 2018 to 2030 owing to increasing use in filtration applications such as oil & gas and mining among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as electrical & electronics, construction, automotive, and others. China is one of the largest markets for engineering plastics in Asia Pacific due to rapid industrialization along with supportive government initiatives favoring manufacturing activities within the country.
The Latin American market also presents significant opportunities for industry expansion owing to increasing awareness regarding environmental protection along with growing infrastructure development activities within Brazil and Argentina. Increasing R&D investments by major companies are also anticipated to fuel product demand over the next eight years.
Growth Factors:
- Increasing demand from automotive and electrical & electronics industries
- Rising demand for lightweight and durable materials in automotive sector
- Growing popularity of PA66 resin in medical applications
- Rising demand for high-performance engineering plastics in electrical & electronics industry
- Technological advancements that improve the properties of PA66 resin
Scope Of The Report
Report Attributes
Report Details
Report Title
PA66 Resin Market Research Report
By Type
Engineering Plastics Grade PA66, Fibers Grade PA66
By Application
Engineering Plastics, Industrial Filament, Textile Filament
By Companies
China Shenma Group, INVISTA, Huafon Group, Ascend Performance Materials, BASF, DuPont, Toray, Jiangsu Huayang Nylon, Asahi Kasei
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global PA66 Resin Market Report Segments:
The global PA66 Resin market is segmented on the basis of:
Types
Engineering Plastics Grade PA66, Fibers Grade PA66
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Engineering Plastics, Industrial Filament, Textile Filament
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- China Shenma Group
- INVISTA
- Huafon Group
- Ascend Performance Materials
- BASF
- DuPont
- Toray
- Jiangsu Huayang Nylon
- Asahi Kasei
Highlights of The PA66 Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Engineering Plastics Grade PA66
- Fibers Grade PA66
- By Application:
- Engineering Plastics
- Industrial Filament
- Textile Filament
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PA66 Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PA66 resin is a type of thermoplastic elastomer that is used in a variety of applications, including medical devices and sporting goods. It has high resistance to wear and tear, making it ideal for use in products that are subject to frequent use.
Some of the key players operating in the pa66 resin market are China Shenma Group, INVISTA, Huafon Group, Ascend Performance Materials, BASF, DuPont, Toray, Jiangsu Huayang Nylon, Asahi Kasei.
The pa66 resin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PA66 Resin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PA66 Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PA66 Resin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PA66 Resin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PA66 Resin Market Size & Forecast, 2020-2028
4.5.1 PA66 Resin Market Size and Y-o-Y Growth
4.5.2 PA66 Resin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Engineering Plastics Grade PA66
5.2.2 Fibers Grade PA66
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Engineering Plastics
6.2.2 Industrial Filament
6.2.3 Textile Filament
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PA66 Resin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PA66 Resin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Engineering Plastics Grade PA66
9.6.2 Fibers Grade PA66
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Engineering Plastics
9.10.2 Industrial Filament
9.10.3 Textile Filament
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Engineering Plastics Grade PA66
10.6.2 Fibers Grade PA66
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Engineering Plastics
10.10.2 Industrial Filament
10.10.3 Textile Filament
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Engineering Plastics Grade PA66
11.6.2 Fibers Grade PA66
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Engineering Plastics
11.10.2 Industrial Filament
11.10.3 Textile Filament
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Engineering Plastics Grade PA66
12.6.2 Fibers Grade PA66
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Engineering Plastics
12.10.2 Industrial Filament
12.10.3 Textile Filament
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Engineering Plastics Grade PA66
13.6.2 Fibers Grade PA66
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Engineering Plastics
13.10.2 Industrial Filament
13.10.3 Textile Filament
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PA66 Resin Market: Competitive Dashboard
14.2 Global PA66 Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 China Shenma Group
14.3.2 INVISTA
14.3.3 Huafon Group
14.3.4 Ascend Performance Materials
14.3.5 BASF
14.3.6 DuPont
14.3.7 Toray
14.3.8 Jiangsu Huayang Nylon
14.3.9 Asahi Kasei
