Los Angeles, CA -- (SBWIRE) -- 03/26/2019 -- This study focuses on the production side and consumption side of Engineering Plastic, presents the global Engineering Plastic market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Engineering Plastic capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Engineering Plastic by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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PA66, also referred to as nylon 6, 6, is a polyamide from nylon class. It is made of hexamethylenediamine and adipic acid. PA66 engineering plastics is frequently used when high mechanical strength, great rigidity, and good stability under heat is required. They are used for automotive, electrical & electronics, industrial and consumer applications.
In global market, the production of PA66 engineering plastics increases from 1404.2 K MT in 2011 to 1618.9 K MT in 2015, at a CAGR of more than 3.62%. In 2015, the global PA66 engineering plastics market is led by North America, capturing about 47.48% of global PA66 engineering plastics production. Europe is the second-largest region-wise market with 28.75% global production share. At present, the major manufacturers of PA66 engineering plastics are concentrated in Invista, Ascend, Solvay, BASF, Asahi Kasei, Dupont and Shenma. Invista is the world leader, holding 24.63% production market share in 2015.
In application, PA66 engineering plastics downstream is wide used in automotive, electrical & electronics, machinery equipment and others and recently PA66 engineering plastics has acquired increasing significance in various fields of automotive. Globally, the PA66 engineering plastics market is mainly driven by growing demand for automotive, which accounts for nearly 50.18% of total downstream consumption of PA66 engineering plastics in global.
In price, the price of PA66 engineering plastics average price decrease from $ 3691 in 2011 to $ 2542 in 2015. The price of PA66 engineering plastics was decreased year by year.
In the future, global market is expected to witness steady growth on account of rising applications with a CAGR of 3.44% from 2016 to 2021, so in the next few years, PA66 engineering plastics production will show a trend of steady growth. In 2021 the production of PA66 engineering plastics is estimated to be 1976 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
The Engineering Plastic market was valued at 4320 Million US$ in 2017 and is projected to reach 5680 Million US$ by 2025, at a CAGR of 4.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Engineering Plastic.
This report includes the following manufacturers; we can also add the other companies as you want.
Invista
Ascend
Solvay
BASF
Asahi Kasei
Dupont
Radici Group
Shenma
Hua Yang
Market Segment by Product Type
Injection Molding Grade
Extrusion Grade
Market Segment by Application
Automotive Industry
Machinery Equipment
Electrical & Electronics
Others
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