Polyamide 66 intermediates & resin capacity Additions: Drive towards a stable demand-supply

Prismane Consulting is pleased to publish its comprehensive market study report on the Global Polyamide 66 / Nylon 66 Market, providing insights into both historical and current market conditions across multiple end-use industries. This study focuses on the global Polyamide 66 Market, highlighting key countries and their respective demands in various applications and sub-applications. In-depth analysis of supply and demand is conducted for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East, and Africa, as well as major countries such as the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia. Additionally, the report explores the latest trends influencing the polyamide 66 market, examines its key applications, provides a thorough market analysis, and discusses future prospects within this dynamic industry.
The market is segmented based on end-use, including Automotive, Electrical & Electronics, Industrial, and others. The report considers factors such as production capacity expansions, force majeure events, de-bottlenecks, plant shutdowns, and new product developments within the Polyamide 66 Market.
Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Polyamide 66 market.
Demand-Supply balance easing with capacity additions.

The global polyamide 66 demand-supply balance was impacted by force majeures occurring at Invista and BASF's adiponitrile production facilities in Europe, as well as Solvay and BASF's adiponitrile facilities in the US. As a result, a demand-supply gap emerged, with demand exceeding supply by over 100 kilo tons during the period of 2018-2019. Consequently, polyamide 66 prices experienced an increase. However, the industry responded by announcing new capacity additions, many of which are now progressing towards operational stages, indicating a trend towards industry consolidation.
To address the growing demand for polyamide 66 in e-mobility and electronics applications, DOMO Chemicals has invested approximately Euro 14 million in China to establish a new polyamide plant in Haiyan, Jiaxing, Zhejiang. This plant will have an initial installed capacity of around 35 kilo tons and is expected to commence operations in early 2024, focusing on the production of TECHNYL polyamide-based grades. Furthermore, the company has plans to gradually expand the production capacity to 50 kilo tons.

Invista is undertaking significant expansion of its Polyamide 66 resin production capacity at its facility in Camden, South Carolina, USA to cater e-mobility and electronics applications. Currently, Invista operates Polyamide 66 plants in Seaford, Camden, and Waynesboro, with a combined installed capacity exceeding 500 kilo tons.

Request Sample Report- https://prismaneconsulting.com/report_request_sample?_token=rulIZ3L3agzDK5HmtdrwW1NapqLXG2iL6WssDerz&report_id=22

Key Questions Answered
The Global Polyamide 66 Market study answers the following key questions:
• When will the Polyamide 66 demand-supply stabilize?
• How big is the Polyamide 66 Market?
• How is the Polyamide 66 Market evolving by demand-supply, segment, and region?
• What will the Polyamide 66 Market size be in 2032 and at what rate will it grow?
• What trends, challenges and barriers are influencing its growth?
• Who are the key manufacturers and what are their shares in different regions?
• What opportunities and target markets exist for Polyamide 66 Market

Buy This Report :
https://prismaneconsulting.com/checkout?_token=rulIZ3L3agzDK5HmtdrwW1NapqLXG2iL6WssDerz&report_id=22&single_user_license=Single
The detailed market study report on Polyamide 66 discusses various industry challenges and recent advancements in technology, production capacity, etc. in the Global Polyamide 66 Market. It offers a comprehensive overview of the evolving industry structure and highlights the obstacles encountered by industry participants. The report provides detailed insights into the major challenges that market participants may encounter on a global scale.

Request/View TOC@ https://prismaneconsulting.com/contact

Get Full Access of the Report @ https://prismaneconsulting.com/checkout?_token=rulIZ3L3agzDK5HmtdrwW1NapqLXG2iL6WssDerz&report_id=22&single_user_license=Single

Mr. Tejas Shah
Prismane Consulting
519, Amanora Chambers,
Town Centre Amanora,
Magarpatta Road, Hadapsar,
Pune, India 41102

Prismane Consulting is a unique consulting and market research firm providing management, economic and technical expertise across the global Chemicals, Petrochemicals, Polymers, Materials and Energy value chain. The company has been advising clients on their key strategic issues, solving their toughest and most critical business problems. We have helped some of the fortune 500 companies develop their strategic plans by tracking and interpreting market dynamics. The company has completed several multi-client studies & projects and offers Market Studies, World Analysis and Strategy Reports related to Refining, Chemicals, Petrochemicals, Plastic & Polymers and Materials sectors.
For update on the annual subscription (monthly, quarterly, and annually) on the chemicals industry, please write to sales@prismaneconsulting.com

This release was published on openPR.