Global Injection Molding Polyamide 6 Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

2 Jun, 2021

The injection molding polyamide 6 market consists of sales of injection molding polyamide 6 and related services by entities (organizations, sole traders and partnerships) that provide injection molding polyamide 6. Polyamide 6 is also known as nylon 6 or polycaprolactam, offers surface finish, strength, stiffness, and chemical resistance to hydrocarbons and is mostly used in automotive, electronics and construction industries.

Global Injection Molding Polyamide 6 Market Size And Drivers:

The global injection molding polyamide 6 market is expected to grow from $8.76 billion in 2020 to $9.43 billion in 2021 at a compound annual growth rate (CAGR) of 7.71%. The growth is mainly due to growing application of injection molding polyamide 6 in end-use industries such as automotive, electrical & electronics, industrial/machinery, consumer goods & appliances, and construction, due to benefits associated with properties such as high impact strength, good abrasion & wear resistance, excellent surface appearance, better processability, and low-cost. The injection molding polyamide 6 market is expected to reach $13.68 billion in 2025 at a CAGR of 9.73%. Growing demand for polyamide 6 in automotive applications is expected to drive the market for injection molding polyamide 6 during the forecast period.

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Trends In The Global Injection Molding Polyamide 6 Market

The usage for polyamide-6 powder in 3D printing is an emerging trend in the injection molding polyamide 6 market. 3D printing is an emerging technology which is used in various applications such as automotive and construction. 3D printing makes manufacturing more versatile, economical, energy-saving and efficient. The usage of polyamide-6 powder to make such 3D printed parts is expected to shorten the development cycle, save cost and meet the customized requirements of small volume production. For instance, polyamide-6 powder developed by BASF is the first raw material that made 3D printing parts, which was successfully used in engine testing. Therefore, usage for polyamide-6 powder in 3D printing is playing an important role in the injection molding polyamide 6 market.

Global Injection Molding Polyamide 6 Market Segments:
The global injection molding polyamide 6 market is further segmented based on grade, end user and geography.
By Grade: Reinforced PA 6, Unreinforced PA 6, Others
By End User: Automotive, Electrical And Electronics, Industrial/Machinery, Consumer Goods And Appliances, Construction, Others
By Geography: The global injection molding polyamide 6 market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the injection molding polyamide 6 market.

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Injection Molding Polyamide 6 Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides injection molding polyamide 6 market overviews, analyzes and forecasts market size and growth for the global injection molding polyamide 6 market, injection molding polyamide 6 market share, injection molding polyamide 6 market players, injection molding polyamide 6 market segments and geographies, injection molding polyamide 6 market’s leading competitors’ revenues, profiles and market shares. The injection molding polyamide 6 market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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