{"id":165078,"date":"2019-08-15T14:32:05","date_gmt":"2019-08-15T14:32:05","guid":{"rendered":"http:\/\/www.georgianewsdesk.com\/news\/story\/165078\/the-global-nylon-6-and-66-market-size-is-expected-to-reach-usd-4113-billion-by-2025-expanding-at-a-cagr-of-62-grand-view-research-inc.html"},"modified":"2019-08-15T14:32:05","modified_gmt":"2019-08-15T14:32:05","slug":"the-global-nylon-6-and-66-market-size-is-expected-to-reach-usd-4113-billion-by-2025-expanding-at-a-cagr-of-62-grand-view-research-inc","status":"publish","type":"post","link":"http:\/\/www.honolulunewsnow.com\/news\/story\/165078\/the-global-nylon-6-and-66-market-size-is-expected-to-reach-usd-4113-billion-by-2025-expanding-at-a-cagr-of-62-grand-view-research-inc.html","title":{"rendered":"The Global Nylon 6 And 66 Market Size Is Expected To Reach USD 41.13 Billion By 2025, Expanding At A CAGR of 6.2% | Grand View Research, Inc."},"content":{"rendered":"
\"The<\/a><\/p>\n
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Grand View Research, Inc. \u2013 Market Research And Consulting<\/div>\n<\/div>\n<\/div>\n
Nylon 6, as well as 66, is gradually replacing metal parts in automobiles owing to its suitable properties of high tensile strength, high elasticity, and excellent resistance to abrasion. <\/div>\n

According to report published by Grand View Research, “Nylon 6 & 66 Market Size, Share & Trends Analysis Report By Product (Nylon 6, Nylon 66), By Application (Engineering Plastics, Automotive, Textiles, Electrical & Electronics, Others), And Segment Forecasts, 2019 – 2025”.<\/strong><\/span><\/p>\n

Increasing global automobile production is anticipated to drive the growth.<\/p>\n

Automobile is a highly concentrated industry. Although the product range is high owing to a large number of market participants, around 49% of the market is led by top players including GM, Toyota, Ford, and Volkswagen. Nylon 6 is used in engine components such as bushings, bearing, oil containers, wire harness connectors, fuse boxes, cylinder head covers, crankcases, and timing belts.<\/p>\n

Growth in production can mainly be attributed to a rapid rise of the China market, as well as the consistent growth of the European automotive industry. In recent years, automobile industry has witnessed robust growth, especially from Asia Pacific. Infrastructure development and improving socio-economic trends are some of the significant factors contributing to the growth. Favorable regulations, availability of workforce, and government initiatives to provide attractive FDI regulations have resulted in a shift of manufacturing bases of significant players to regions such as China, India, and Indonesia.<\/p>\n

Nylon 66 demonstrates high dimensional stability coupled with excellent resistance to wear owing to its lower moisture absorption property. Electrical protection devices require high heat, water, and other electromechanical resistance to perform according to standards. Further, it has a shorter and stronger bond, which provides it a denser and tighter structure compared to nylon 6. Moreover, enhanced properties of nylon 66 over nylon 6, which is the largest product in this market; is a major factor driving the product demand. In thermally and mechanically stressed moldings, nylon 66 has emerged as the preferred grade of polyamides on account of its strong dielectric resistance. The development of polymer technology has widened the application scope of nylon 66, which, in turn, is projected to develop the product segment over the next eight years.<\/p>\n

\"U.S.<\/p>\n

To view summary of this report, click the link below: 
<\/strong>www.grandviewresearch.com\/industry-analysis\/nylon-6-6-market<\/p>\n

<\/a><\/strong>Further key findings from the report suggest:<\/span><\/span><\/strong><\/p>\n