Polyamide 6 Market Report: Trends, Forecast and Competitive Analysis to 2030

Polyamide 6 Trends and Forecast

The future of the global polyamide 6 market looks promising with opportunities in the automotive, electrical and electronic, commercial fiber, industrial, and packaging applications. The global polyamide 6 market is expected to grow with a CAGR of 6.4% from 2024 to 2030. The major drivers for this market are growing usage of bio-based polyamide and surge in the popularity of electric vehicles.

A more than 150-page report is developed to help in your business decisions.

Polyamide 6 by Segment

The study includes a forecast for the global polyamide 6 by type, application, and region.

Polyamide 6 Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Polyamide-6 Fiber
• Polyamide-6 Resin

Polyamide 6 Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Electrical and Electronics
• Commercial Fiber
• Industrial
• Packaging
• Others

Polyamide 6 Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Polyamide 6 Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyamide 6 companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyamide 6 companies profiled in this report include-

• BASF
• Domo
• DSM
• Guangdong Xinhui Meida Nylon
• Hangzhou Juheshun New Materials
• Highsun Holding
• KuibyshevAzot
• LANXESS
• LIBOLON
• UBE

Polyamide 6 Market Insights

Lucintel forecasts that polyamide-6 resin will remain the larger segment over the forecast period due to its significant usage in 3D printing as a filament owing to its ductile, impact resistant, affordability, and excellent chemical resistance.

Within this market, automotive will remain the largest segment due to rising usage of polyamide 6 in this sector to produce environmentally sustainable and lightweighted automotive components.

APAC will remain the largest region over the forecast period due to continual growth of population and presence of key automotive production hub in the region.

Features of the Global Polyamide 6 Market

Market Size Estimates: Polyamide 6 market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Polyamide 6 market size by type, application, and region in terms of value ($B).

Regional Analysis: Polyamide 6 market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the polyamide 6 market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyamide 6 market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for polyamide 6 market?

Answer: The global polyamide 6 market is expected to grow with a CAGR of 6.4% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the polyamide 6 market?

Answer: The major drivers for this market are growing usage of bio-based polyamide and surge in the popularity of electric vehicles.

Q3. What are the major segments for polyamide 6 market?

Answer: The future of the polyamide 6 market looks promising with opportunities in the automotive, electrical and electronic, commercial fiber, industrial, and packaging applications.

Q4. Who are the key polyamide 6 market companies?

Answer: Some of the key polyamide 6 companies are as follows.

• BASF
• Domo
• DSM
• Guangdong Xinhui Meida Nylon
• Hangzhou Juheshun New Materials
• Highsun Holding
• KuibyshevAzot
• LANXESS
• LIBOLON
• UBE

Q5. Which polyamide 6 market segment will be the largest in future?

Answer: Lucintel forecasts that polyamide-6 resin will remain the larger segment over the forecast period due to its significant usage in 3D printing as a filament owing to its ductile, impact resistant, affordability, and excellent chemical resistance.

Q6. In polyamide 6 market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to continual growth of population and presence of key automotive production hub in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the polyamide 6 market by type (polyamide-6 fiber and polyamide-6 resin), application (automotive, electrical and electronics, commercial fiber, industrial, packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?