PA66 Engineering Plastics Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the PA66 Engineering Plastics market including various factors related to and dependent influencing the market growth.
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 2022, so in the next few years, PA66 engineering plastics production will show a trend of steady growth. In 2022 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.
Global PA66 Engineering Plastics market size will increase to 5130 Million US$ by 2030, from 4250 Million US$ in 2020, at a CAGR of 2.4% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for PA66 Engineering Plastics.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global PA66 Engineering Plastics market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the PA66 Engineering Plastics market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The PA66 Engineering Plastics market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the PA66 Engineering Plastics Market:
The major competitors working in the market are:
, Invista, Ascend, Solvay, BASF, Asahi Kasei, Dupont, Radici Group, Shenma, Hua Yang
Market by Order Type
Injection Molding Grade
Extrusion Grade
PA66 Engineering Plastics Data by Application
Automotive
Electrical & Electronics
Machinery equipment
Others
PA66 Engineering Plastics Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the PA66 Engineering Plastics market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of PA66 Engineering Plastics Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the PA66 Engineering Plastics market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the PA66 Engineering Plastics market size and their forecasts
- To provide strategic profiles of the key players operating in the PA66 Engineering Plastics market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the PA66 Engineering Plastics market
Target Audiences for PA66 Engineering Plastics Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
We also provide customized reports according to customer\'s specific requirements. We also provide customization for regional and country-level reports individually.
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