Nylon is basically a thermoplastic silky material. Also known
by the name Polyamide Resin, Nylon Resin is a type of engineering thermoplastic
synthesized from ethylenediamine. Consisting a family of Resins, Nylons are of
various types; Nylon 6, Nylon 66, Caprolactam, Nylon 612, Nylon 12, Nylon 11.
Nylon Resin is manufactured with a purpose of producing a variety of products
for industrial use like films, hot-melt adhesives, binders, insulation,
fiberglass and filaments. Depending on the crystallization of polymer
molecules, the specific use of various types of nylon resin is usually
determined.
More Info on Nylon
Resins:
Compact Outlook:
The Global Nylon Resin Market was noted to be healthy in the
year 2007. Later, the global economic recession in 2008 became a reason for the
fall in the profit levels of this market. The most important types in the Resin
family are noted to be Nylon 6, Nylon 66 and Caprolactam. These are the most
successful and highest-volume members of the nylon family and are the primary
focus of this market out of which Nylon 6 and Nylon 66 together accounted for
more than 90% of the Global Nylon Resin Market.
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Nylon 6 is one type of resin that can be
reinforced with minerals or glass fibers to improve strength and resist warping
from extreme temperatures. China is the world’s largest producer of nylon 6,
representing 32% of the total world production capacity and it is expected to
grow at a 19.5% rate from 2014 to 2020. Overall growth in nylon 6 is driven by
China's increasing demand and its desire to be more self-sufficient.
The United States is the world's largest producer of Nylon 66, accounting for 41% of the
total world capacity. Total world capacity for Nylon 66 is expected to increase
by 10% from the capacity level in 2012. The U.S. is the world’s largest
producer of Nylon 66, accounting for 40% of the total world production capacity
and it is expected to increase by 10% between 2014 and 2020.
In terms of volume, the demand for Caprolactam was around 3,580 kilo tons in 2012.
Europe is the
other major region where Caprolactam consumption was very strong and is expected
to grow in demand with a CAGR of about 7 % in terms of volume during 2014-2020.
Consumption of nylon 6 is estimated to grow at about 7.5%
while consumption of nylon 66 at a rate of 6% per year. Consumption of nylon 6
is estimated to grow at about 7.5% while consumption of nylon 66 at a rate of
6% per year.
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Nylon 612 and 12 may also infuse with glass or
minerals to varying degrees depending on its application. In addition, some
grades of nylon 12 that resist melt-processing methods are further reinforced
with powdered or aqueous solutions of polytetrafluoroethylene.
Prominent Players:
- · BASF SE
- · Capro Corporation
- · China Petrochemical Development Corporation
- · China Petroleum and Chemical Corporation (SINOPEC)
- · DSM Company
- · Lanxess Corporation
- · Sumitomo Chemicals
- · Toray Industries, Inc.
- · Ube Industries Ltd.
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