Polyamide-6 Market Volume Analysis, Segments, Value Share and Key Trends 2016-2026

Polyamide -6 (PA6) is a semi-crystalline polyamide commonly known as Nylon-6. Polyamide-6 is generally produced by polymerization of caprolacta. The strength, durability and elasticity which it offers is widely appreciated in industries. Properties such as ability to withstand high pressure, temperature and various chemical makes it a highly valued material. These physical and chemical properties makes Polyamide-6 suitable for various application sectors. Of all the Polyamides types produced, Polyamide-6 accounts for approximately more than 60% of worldwide production in terms of volume. The global capacity of Polyamide-6 in 2013 is anticipated to be approximately 6.6 million metric tons.

Polyamide -6 Market: Drivers and Restraints

The major drivers for the global polyamide-6 market is its usage is its wide application sectors such as automotive, electronics & electrical, engineering plastics, packaging, wires & cables, textiles, and films & coating and others. Therefore, increasing demand for the above application sectors is expected to have a positive impact on the market in the coming years. The numerous niche applications for PA6 such as its usage in healthcare & music instruments is expected to positively affect the demand for polyamide 6 (PA6) in the coming years.

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Though the polyamide-6 (PA6) is regarded as one of the ideal materials for its physical and chemical properties yet some properties such as high shrinkage in molded sections, reaction with strong acids and bases may hamper the selection of PA6. Over specification, such as in automotive industry regarding the safety reasons may drift towards alternative products such as reinforced polypropylene, thereby restraining the growth of PA6. The insufficient flame retardance and significant flammable dripping might affect the use of PA6.

Polyamide -6 Market: Segmentation

On the basis of type, the...