openPR Logo
Press release

China Polyamide 6 Market Outlook

11-28-2017 01:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Prismane Consulting

China PA 6 Supply-Demand, 2005-2016

China PA 6 Supply-Demand, 2005-2016

Prismane Consulting estimates the global Polyamide (PA) 6 demand to be around 5700 KT in 2016 of which China accounted for around 40% of the consumption. Textiles & Apparels consume a major share (around 56%) of PA 6 in the country. Automotive and electrical & electronics are expected to drive the demand for polyamides owing to increase in usage for weight reduction and ease of processing. Polyamides are used in production of air-intake manifold, valves, oil supply components and air systems. Automotive production declined between 2008 and 2009 on account of economic recession affecting the polyamides industry. Demand for most markets for engineering plastics like Polyamides are greatly influenced by general economic conditions. As a result, demand for Polyamides largely follows the patterns of the leading world economies and end-user sectors.

In 2016, China imported 412 kilo tons of PA 6 which was estimated to be 35 kilo tons less compared to its previous year. The country’s focus towards self-sufficiency has seen an increase in domestic production by an average of 11% and decrease in imports of around 13% since last 3 years. PA 6 capacity in China was around 850 kilo tons in 2005 while the current capacity is estimated to be about 2900 kilo tons. PA 6 production in China has grown more than thrice of that in 2005 with operating rates averaging 64%.

For a detailed supply-demand, pricing analysis and cash-cost of production of PA 6 contact sales@prismaneconsulting.com

Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems.

Prismane Consulting
Office #519, Amanora Chambers, Amanora Park Town,
Hadapsar-Magarpatta Road,
Pune 411028
India

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release China Polyamide 6 Market Outlook here

News-ID: 834639 • Views: 502

More Releases from Prismane Consulting

Global Butadiene Market Overview
Global butadiene demand was estimated to be around 12296 kilo tons in 2018. The global butadiene market has grown at an average of 3.2% from 2014 to 2018 mainly due to strong demand from butadiene derivatives like Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Acrylonitrile Butadiene Styrene (ABS) and others in the Asia-Pacific region. The global butadiene market was impacted by the economic meltdown in 2008-2009. The demand declined during
Thermoplastic Copolyester (TPC) Elastomers Market Research Report, 2005-2025
Thermoplastic Elastomers (TPE) are versatile class of plastics exhibiting properties of both plastic and rubber. With its exceptional physical, mechanical and dynamic properties Thermoplastic Copolyesters (TPCs) have increasingly solidified their place as substitutes for metals and rubbers in many high strength applications. TPCs possess thermoplastic behavior with structural strength showing high resistance to impact and flex fatigue. These properties make thermoplastic copolyester elastomers suitable for various precision applications. It is
Fluorocarbon elastomers (FKM) over capacity and low operating rates in China
The global demand for fluoroelastomers was estimated to be around 26 kilo tons in 2017, growing between 3-4% since 2010. Fluorocarbon Elastomer (FKM) is the dominant fluoroelastomer accounting for more than 85% of the global fluoroelastomer consumption and it still remains a single largest driver for growth. Other fluoroelastomers include fluorosilicone and perfluoroelastomers. Asia Pacific is the biggest consumer followed by North America and Western Europe. Historically, FKM has been
Turbo Charged Engines to drive ACM demand?
About Polyacrylate Rubber (ACM) ACM is used in automotive applications such as hoses, seals, gaskets, dampers and constant velocity joints (CVJ). Other applications include electrical transmission seals, industrial hoses and adhesives. ACM is cost competitive rubber with slightly lower performance than its immediate competitor AEM (Ethylene Acrylate Elastomer). Hence, it can be used where the performance can be compromised to achieve better economy. Other high-end competitors include flouroelastomers (FKM and

All 5 Releases


More Releases for China

China Attestation
China is a growing Asian country and day by day many people migrate into the country for pursuing their personal needs. But going into China is not an easy task, we have to face some legal steps ahead. Let us define all this legal action in a single word China attestation. China government placed its embassies all over the world for ensuring the trustworthiness of the immigrant’s certificate. There
Energy Drinks in China
ReportsWorldwide has announced the addition of a new report title Energy Drinks in China to its growing collection of premium market research reports. Energy Drinks in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Land Right in China
ReportsWorldwide has announced the addition of a new report title Land Right in China to its growing collection of premium market research reports. Land circulation is a very important policy in China, playing a positive role in promoting the development of modern agriculture. And it will be possible for China to transform from household contract and planting by scattered small farmers in the past to large-scale plant, which has a significant
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis
Telecom Cloud Billing Services Explore In Regions (South China, East China, Sout …
Big Market Research has added a report, titled, “China Telecom Cloud Billing Services Market Size, Status and Forecast 2022.” The report offers an extensive information and analysis of sales, production, revenue, key manufacturers, drivers & opportunities, and competitive scenario. Moreover, current industry trends and growth prospects are explored along with thorough analysis of each segment for the historic period, 2012–2017 and the forecast period, 2017–2022. The research also offers insights
China Blossom Restaurant & Lounge
China Blossom Restaurant & Lounge Debuts in 2011/2012 Zagat (Greater Boston, MA) – Each year the Zagat Survey shares the opinions of thousands of avid consumers, with real experiences, giving people the power to make smart dining decisions. This year, China Blossom Restaurant & Lounge, located in North Andover, MA, made its debut in the newly-released 2011/2012 Zagat Survey. Released on Wednesday, April 27th, 2011, the famed Zagat survey chronicles