Nylon MXD6 Research Report:the global Nylon MXD6 market size is projected to reach USD 4.43 billion by 2030
MXD6, is a high barrier aromatic transparent nylon, all known as polyp-phenyl-trimethylhexamethylenediamine, is a kind of crystalline semi-aromatic polyamide. Nylon MXD6 is the first crystalline polyamide produced by Mitsubishi Gas Chemical from the polycondensation of m-phenyldimethylamine (MXDA) and adipic acid. Unlike nylon 6 and nylon 66, Nylon-MXD6 is an aliphatic polyamide that contains an aromatic ring in its backbone. Compared with nylon 6 and nylon 66, nylon MXD6 has the following advantages: higher strength and elastic modulus; High glass transition temperature; Low water absorption and moisture permeability; Favorable crystallization speed, easy to form and manufacture; Excellent gas resistance. These characteristics have led to wide variation in the application of Nylon-MXD6 as a packaging and molding material, as well as in monofilament production.
According to the new market research report “Nylon MXD6 - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Nylon MXD6 market size is projected to reach USD 4.43 billion by 2030, at a CAGR of 5.7% during the forecast period.
Source: QYResearch, "Nylon MXD6 - Global Market Insights and Sales Trends 2024”
Source: QYResearch, "Nylon MXD6 - Global Market Insights and Sales Trends 2024”
According to QYResearch Top Players Research Center, the global key manufacturers of Nylon MXD6 include MGC, Solvay, etc. In 2023, the global top three players had a share approximately 86.0% in terms of revenue.
In terms of product application, currently Automobile Parts is the largest segment, hold a share of 59.3%.
Market Drivers:
Development of new technologies: The development of new technologies such as downstream new energy vehicles will create more favorable conditions and environment for the development of nylon MXD6.
The speed of technological update: due to the rapid development of new technologies, this makes nylon MXD6 enterprises should always stay alert and keep pace with The Times, otherwise they will face the situation of elimination
Richer product models: to develop products with better performance for different use occasions.
More environmentally friendly: Products are more excellent in the field of recycling and are developing in the direction of green environmental protection.
Restraint:
Safety production risk: Some raw materials used in the production process are flammable, explosive, strong acid, strong alkali and highly corrosive substances, and waste water, waste gas and solid waste will be produced in the production process. If the operation is improper, there may be fire, poisoning and other safety accidents, which will adversely affect the personal safety of employees and the normal production and operation of enterprises.
Environmental risks; Nylon-mxd6 belongs to fine chemical industry, there are problems of "three wastes" discharge and comprehensive treatment in production and management, if not handled properly, it will cause certain adverse effects on the surrounding environment. At the same time, with the continuous improvement of the national requirements for environmental protection and the continuous enhancement of social awareness of environmental protection, the government may issue new laws and regulations to improve environmental standards and increase the cost of pollution treatment, resulting in an increase in the cost of production and operation of the industry.
Increased competition; The industry is now dominated by large national companies such as Mitsubishi Gas Chemical, Solvay, and Toyo Textile Company, and competition in the industry will intensify with the development of technology.
Raw material impact; Affected by the upstream material market, especially the raw material m-phenyldimethylamine. If raw material prices rise in the future, enterprises will face the risk of rising main business costs.
About The Authors
Yin Hang
Lead Author
Email: yinhang@qyresearch.com
Tel: +86-18310165532
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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