Lewes, DE -- (SBWire) -- 07/27/2018 --PA66 Engineering Plastics market will register a 2.5% CAGR in terms of revenue; reach US$ 4940 million by 2023, from US$ 4250 million in 2017.
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 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.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Invista
Ascend
Solvay
BASF
Asahi Kasei
Dupont
Radici Group
Shenma
Hua Yang
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Injection Molding Grade
Extrusion Grade
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Automotive
Electrical & Electronics
Machinery equipment
Others
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Global PA66 Engineering Plastics Market Will Grow at a CAGR 2.5% and Reach USD 4.94 Billion by 2023, from USD 4.25 Billion in 2017
New Global PA66 Engineering Plastics Market Report Covers market forecast and top Companies like Invista, Ascend, Solvay, BASF, Asahi Kasei, Dupont, Radici Group, Shenma and Hua Yang.