PA 66/6 Market Size, Share, Growth Analysis, By Type(PA 66 and PA 6), By Application(Automotive, Textile, Electrical and electronics, Wire and cables), By Region - Industry Forecast 2024-2031

Global PA 66/6 Market size was valued at USD 32.6 billion in 2022 and is poised to grow from USD 34.69 billion in 2023 to USD 56.98 billion by 2031, growing at a CAGR of 6.40% during the forecast period (2024-2031).

PA 6 has a variety of physical and chemical properties that make it suitable for a broad range of applications. About 60% of global production of polyamides is composed of PA-6. Approximately 6.6 million metric tons of PA-6 was produced globally. In a wide variety of applications, both PA 6 and PA 66 can be used alternately depending on the local availability and the applications that require them in a particular environment.

PA 66 is one of the most widely used synthetic polymers in the automotive, plastics, and textile industries. PA 66 is commonly contrasted with the properties of PA 6. PA 66 has a large mold shrinkage capacity, indicating that its shape changes more prominently after processing.  Also, its more crystalline structure makes it more heat resistant, increasing its use in a variety of applications that require high-end polymers, thus boosting the demand for PA 66 in the market. Thus, PA 66 is commercially used in Nylon 66 is thus used in battery modules, friction bearings, conveyor belts, and luggage.

International demand for polyamide materials is rising; global adoption of new energy vehicles is expected to reach 45% by 2025, and automakers are rapidly using sustainable materials to build components, all of which are important growth factors for the polyamide industry. Also, demand from small contractors, plug switches, circuit breakers, and other components in electrical and electronics boosts the global polyamide market growth.

US PA 66/6 Market  is poised to grow at a sustainable CAGR for the next forecast year.