Market Overview:
The global PA66 engineering plastics market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PA66 engineering plastics from various end-use industries, such as automotive, electrical & electronics, and machinery equipment. In addition, the growing demand for lightweight and durable materials is also contributing to the growth of this market. Based on type, injection molding grade accounted for a major share of the global PA66 engineering plastics market in 2017. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. Extrusion grade is another key type segment of this market and is projected grow at a CAGR of 5% duringthe same period.
Product Definition:
PA66 engineering plastics are a type of thermoplastic that is used in a variety of engineering and manufacturing applications. The material is known for its toughness, strength, and resistance to wear and tear. It can be machined easily and can be molded into a variety of shapes and sizes. PA66 engineering plastics are commonly used in the automotive, aerospace, medical, and electrical industries.
Injection Molding Grade:
Injection molding grade is a high-performance engineering plastic with the ability to be injection molded at room temperature. It has excellent mechanical strength, dimensional stability, and chemical resistance. In addition, it can also be used in applications that require higher performance over a wide range of temperatures.
Extrusion Grade:
Extrusion grade is a specific type of plastic resin that is manufactured by the process of extrusion. It has several unique properties such as high tensile strength, excellent surface finish, and good processability which makes it suitable for various end-use industries.
Application Insights:
The automotive application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. Automotive applications of engineering plastics include body panels, power trains, lighting systems, infotainment systems and others. The increasing demand for lightweight vehicles to improve fuel efficiency is expected to drive PA 66 consumption in automotive applications over the forecast period.
In terms of revenue, automotive was followed by electrical & electronics as they are used extensively in consumer electronics such as mobile phones and laptops among other electronic appliances that require a high level of durability and performance. Other prominent end-use industries include healthcare equipment manufacturing where plastic materials are used for components such as medical devices handles; tubing; syringes; surgical instruments; etc.
Regional Analysis:
Asia Pacific was the leading regional 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 developing countries such as China, India, and Japan. In addition, increasing foreign investments coupled with favorable government policies are anticipated to fuel the manufacturing activities in these countries which will further propel market growth.
The Asia Pacific witnessed a high demand for consumer electronics products owing to growing disposable income of consumers coupled with rising penetration of competitively priced tablets and smartphones. This resulted into high consumption of engineering plastics in various end-use applications including display panels, lighting units/chassis/housing etc., especially for packaging machinery used across various industries including food & beverage processing plants; pharmaceuticals; logistics & warehousing facilities; supermarkets; hypermarkets etc.
Growth Factors:
- Increasing demand from automotive industry: The global automotive market is expected to grow at a CAGR of 4.5% during the forecast period, owing to the increasing demand for passenger cars and commercial vehicles. This is expected to drive the growth of PA66 engineering plastics market as well, as PA66 is extensively used in manufacturing various components and parts for automobiles.
- Growing demand from electrical & electronics industry: The global electrical & electronics industry is projected to grow at a CAGR of 5% during the forecast period, owing to the increasing demand for consumer electronics and semiconductors. This is anticipated to boost the growth of PA66 engineering plastics market as well, as PA66 finds extensive use in manufacturing electronic components and devices.
- Rising popularity of lightweight materials: With stringent government regulations pertaining to fuel emissions and environmental concerns, there has been an increased focus on using lightweight materials in vehicles and other transportation equipment across all industries worldwide. This has led to an increase in adoption of PA66 engineering plastics by manufacturers due its excellent properties such as high strength-to-weight ratio and good thermal stability over other traditional materials such as metals or composites..
Scope Of The Report
Report Attributes
Report Details
Report Title
PA66 Engineering Plastics Market Research Report
By Type
Injection Molding Grade, Extrusion Grade
By Application
Automotive, Electrical & Electronics, Machinery equipment, Others
By Companies
Invista, Ascend, Solvay, BASF, Asahi Kasei, Dupont, Radici Group, Shenma, Hua Yang
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global PA66 Engineering Plastics Market Report Segments:
The global PA66 Engineering Plastics market is segmented on the basis of:
Types
Injection Molding Grade, Extrusion Grade
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
Automotive, Electrical & Electronics, Machinery equipment, Others
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:
- Invista
- Ascend
- Solvay
- BASF
- Asahi Kasei
- Dupont
- Radici Group
- Shenma
- Hua Yang
Highlights of The PA66 Engineering Plastics 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:
- Injection Molding Grade
- Extrusion Grade
- By Application:
- Automotive
- Electrical & Electronics
- Machinery equipment
- Others
- 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 Engineering Plastics 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 Engineering Plastics is a type of engineering plastics that is designed to be strong and durable. This type of plastic is often used in products that need to be resistant to harsh environments, such as automotive parts and equipment.
Some of the major players in the pa66 engineering plastics market are Invista, Ascend, Solvay, BASF, Asahi Kasei, Dupont, Radici Group, Shenma, Hua Yang.
The pa66 engineering plastics market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. PA66 Engineering Plastics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. PA66 Engineering Plastics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PA66 Engineering Plastics Market - Supply Chain
4.5. Global PA66 Engineering Plastics Market Forecast
4.5.1. PA66 Engineering Plastics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PA66 Engineering Plastics Market Size (000 Units) and Y-o-Y Growth
4.5.3. PA66 Engineering Plastics Market Absolute $ Opportunity
5. Global PA66 Engineering Plastics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. PA66 Engineering Plastics Market Size and Volume Forecast by Type
5.3.1. Injection Molding Grade
5.3.2. Extrusion Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PA66 Engineering Plastics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. PA66 Engineering Plastics Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electrical & Electronics
6.3.3. Machinery equipment
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PA66 Engineering Plastics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. PA66 Engineering Plastics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global PA66 Engineering Plastics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. PA66 Engineering Plastics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global PA66 Engineering Plastics Demand Share Forecast, 2019-2029
9. North America PA66 Engineering Plastics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America PA66 Engineering Plastics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America PA66 Engineering Plastics Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electrical & Electronics
9.4.3. Machinery equipment
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PA66 Engineering Plastics Market Size and Volume Forecast by Type
9.7.1. Injection Molding Grade
9.7.2. Extrusion Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America PA66 Engineering Plastics Demand Share Forecast, 2019-2029
10. Latin America PA66 Engineering Plastics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America PA66 Engineering Plastics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America PA66 Engineering Plastics Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electrical & Electronics
10.4.3. Machinery equipment
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PA66 Engineering Plastics Market Size and Volume Forecast by Type
10.7.1. Injection Molding Grade
10.7.2. Extrusion Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America PA66 Engineering Plastics Demand Share Forecast, 2019-2029
11. Europe PA66 Engineering Plastics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe PA66 Engineering Plastics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe PA66 Engineering Plastics Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electrical & Electronics
11.4.3. Machinery equipment
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PA66 Engineering Plastics Market Size and Volume Forecast by Type
11.7.1. Injection Molding Grade
11.7.2. Extrusion Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe PA66 Engineering Plastics Demand Share, 2019-2029
12. Asia Pacific PA66 Engineering Plastics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific PA66 Engineering Plastics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific PA66 Engineering Plastics Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electrical & Electronics
12.4.3. Machinery equipment
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PA66 Engineering Plastics Market Size and Volume Forecast by Type
12.7.1. Injection Molding Grade
12.7.2. Extrusion Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific PA66 Engineering Plastics Demand Share, 2019-2029
13. Middle East & Africa PA66 Engineering Plastics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa PA66 Engineering Plastics Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa PA66 Engineering Plastics Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electrical & Electronics
13.4.3. Machinery equipment
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PA66 Engineering Plastics Market Size and Volume Forecast by Type
13.7.1. Injection Molding Grade
13.7.2. Extrusion Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa PA66 Engineering Plastics Demand Share, 2019-2029
14. Competition Landscape
14.1. Global PA66 Engineering Plastics Market: Market Share Analysis
14.2. PA66 Engineering Plastics Distributors and Customers
14.3. PA66 Engineering Plastics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Invista
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ascend
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Solvay
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Asahi Kasei
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dupont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Radici Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shenma
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hua Yang
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
