Nylon 6 Market Key Players, Size, Demand, Growth Rate, Sales and Forecasts to 2029

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Nylon 6 resin has undergone significant change over the past few years. Base on the study, in 2022, the Global Nylon 6 market size was valued at 16967.94 Million USD, increased from 13985.75 Million USD in 2018, and the market is forecasted to reach 25203.94 Million USD by 2029, growing at CAGR of 5.73% between 2023 and 2029.

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Nylon 6 is a type of polyamide that is widely used in the production of textiles, carpets, and engineering plastics. The market for nylon 6 is influenced by various factors such as demand from end-use industries, availability of raw materials, and the development of new technologies.

By Company-
- BASF SE
- AdvanSix
- Royal DSM N.V
- Lanxess
- Clariant Corporation
- Unitika
- DOMO Chemicals
- Grupa Azoty
- LIBOLON
- Polymeric Resources Corporation (PRC)
- UBE
- Ems-Grivory
- Shakespeare

Segment by Type
- Standard Nylon 6
- Reinforced Nylon 6

Segment by Application
- Automotive Industry
- Electronics & Electrical
- Packaging Industry
- Others

The textile industry is the largest consumer of nylon 6, accounting for more than 60% of the global demand. Nylon 6 is used in the production of clothing, sportswear, swimwear, and other textiles. The automotive industry is also a significant consumer of nylon 6, where it is used in the production of engine covers, fuel lines, and other parts.

Geographically, Asia Pacific is the largest market for nylon 6, accounting for around 60% of the global demand. The region is expected to continue its dominance during the forecast period due to the presence of a large number of textile and automotive manufacturing units in countries such as China, India, and Japan.

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In summary, the global nylon 6 market is expected to grow steadily in the coming years, driven by the demand from various end-use industries, especially the textile and automotive industries.

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This release was published on openPR.