Nylon 46 Market - Size, Share, Trends, and Forecast 2019 – 2027

Nylon 46 Market - Size, Share, Trends, and Forecast 2019
- 2027
The global nylon 46 market size is expected to witness potential gains in the future and
register a significant CAGR over the forecast period (2019 - 2027).
Market Overview
Nylon 46, also known as PA46, is a high performance, high temperature polyamide that finds
application in the automotive and electronic sector. Koninklijke DSM N.V. is the only
commercial supplier of nylon 46 under the trade name Stanyl - PA46. Nylon 46 has higher
heat resistance, superior mechanical properties at elevated temperatures, and efficient wear
and friction behavior compared to other engineering plastics such as polyamide 6 and 66,
polyesters, and semi-aromatic polyamides.
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Market Dynamics
Properties of nylon 46 such as strength, ductility, and high heat resistance promote its use as a
versatile high heat engineering thermoplastic that finds application in the automotive and
electronic sectors. Therefore, increasing demand for nylon 46 from the automotive and
electronics industries is expected to boost growth of the global nylon 46 market over the
forecast period. Other characteristics of nylon 46 include, high degree of crystallization, good
rigidity at high temperature, and high water-absorption along with high chemical resistance.
However, high water absorption may lead to dimensional changes in the polyamide.
Moreover, nylon 46 may darken with exposure to high heat and offer poor chemical
resistance to strong acids and bases. These factors may hinder growth of the market to some
extent.
Market Outlook
The global nylon 46 market is segmented into North America, Latin America, Europe, Asia
Pacific, Middle East, and Africa on the basis of regions. The market in Europe is expected to
account for major market share, owing to increasing demand for nylon 46 from end-use
industries such as automobiles and electronics. Properties such as high chemical resistance,
low moisture absorbency, and superior dimensional stability increase demand for nylon 46
for the production of housing and covers, vehicle engine, and electrical components such as
switches, jacks, and terminals. The market in Asia Pacific is driven by growing industrial
development in emerging economies of China and India. Increasing demand for nylon 46
from the transportation industry is expected to contribute to growth of the market in North
America.
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Key Players
Key players operating in the global nylon 46 market include, Koninklijke DSM N.V.,
Honeywell International Inc., Sabic Innovative Plastics LLC, E. I. du Pont de Nemours and
Company, Asahi Kasei Corporation, Evonik Industries AG, and Li Peng Enterprice Company
Ltd.
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The global nylon 46 market size is expected to witness potential gains in the future and register a significant CAGR over the forecast period (2019 – 2027).