Nylon Market Value Chain Dynamics and Key Players By 2027

Market-Research

What is the use of nylon 6 and 66 in automobile?

Nylon 6 and 66 are both slowly replacing metal parts in automobiles, on account of their high elasticity and tensile strength, as well as excellent abrasion resistance. Additionally, these products help in increasing the environmental sustainability of automotive components, while also reducing their weight. Nylon composites are used to manufacture hydraulic clutch lines, airbag containers, as well as automotive cooling systems. Besides this, they are also used as a component for the exterior parts like wheel covers, exterior mirrors, doors and tailgate handles. Their use in automotive vehicles is only expected to increase on account of their exceptional mechanical properties and wear resistance.

What are the recent developments in nylon 6 and 66 mtarket?

Some of the major market players include BASF SE; Lanxess AG; Huntsman Corporation; AdvanSix Inc.; INVISTA; Ascend Performance Materials; and DOMO Chemicals. Key developments include:

BASF completed the acquisition of the polyamide business of Solvay in January 2020, broadening its polyamide capabilities, while also easing the company’s access to markets in Asia, as well the Americas. 

Vinmar Polymers America has joined hands with Lanxess Corporation in January 2020, distributing the latter’s high performance plastics to North American customers. The products include the Durethan-brand line of nylon 6 and 6/6 resins, as well as Pocan-brand PBT blends and resins.

AdvanSix revealed its plans to expand its operations at their Hopewell, Virginia Plant in May 2019, which manufactures caprolactam (major component for the nylon 6 resin), as well as ammonium sulfate, which is a nitrogen fertilizer. 

INVISTA signed an agreement with the Shanghai Chemical Industry Park (SCIP) in February 2020 regarding the setup of an adiponitrile (ADN) plant in the region. ADN is a critical component in nylon 6,6 production. The expected capacity of the plant is 400,000-ton, and the construction is expected to begin in 2020, with operations projected in 2022.

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U.S. nylon market 

Which properties of nylon 6 and 66 are aiding market growth?

Nylon 6 is a tough fiber with high tensile strength, and also possesses good elasticity and luster. It is wrinkle-proof and abrasion-resistant, while also being resistant to acids and alkalis. The fiber is easy to wash, and can be dyed in a number of colors. Demanding applications such as tire cords, conveyor belts, parachutes, ropes, seat belts and tents, among others, make use of nylon. Nylon 6 is an affordable alternative to materials such as steel, brass, bronze, aluminum, plastics and gunmetal. Materials composed of nylon-6,6 have high mechanical strength, as well as superior resistance to organic chemicals and wear, as compared to nylon-6. These properties make for the ideal use of nylon 6,6 in carpets and upholstery equipment.  

What are the challenges and threats to the nylon 6 and 66 market?

Nylon is facing increasing competition from polypropylene, bioabsorbable polymers, para-aramid synthetic fibers, and Polyvinylidene Fluoride (PVF), as they are comparatively low-priced. This is expected to hamper growth of the nylon market. PVF has finer characteristics than nylon, and has gained increasing acceptance as an alternative for nylon fishing lines. Bioabsorbable polymers are biodegradable in nature, which has increased their market appeal. Polypropylene, when compared to nylon, is smoother, better for handling, and is more elastic. Its high tensile strength makes it an ideal material for textile, medical and fishing applications. Para-aramid fibers, when compared to nylon, are stronger and have better heat resistance.

What are the factors aiding growth of nylon 6 and 66 market?

Nylon 6 and 6,6 have found high usage in automotive sector, on account of their high tensile strength. As it helps in reducing weight and emission level of vehicles, nylon is witnessing a great deal of demand from the automotive sector. The growth of energy- and fuel-efficient vehicles is expected to further the demand for this product. Nylon is also witnessing increased demand from engineering plastics, as well as electrical and electronics industries, which is expected to boost its growth in coming years.

What is the difference between nylon 6 and nylon 66?

Nylon 6 and 6,6 are very similar, with the differences in chemical structure only differentiating their properties. Nylon 6,6 has higher water absorption rate, better acid and chemical resistance, as well as higher melting point than nylon 6; while nylon 6 can withstand high impact and stress, while also being easier to color. Nylon 6 also has lower mold shrinkage than nylon 6,6, which is beneficial because it makes the dimensions of the final part reliable. 

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