AWJC report highlights nylon growth in China

Published: March 22, 2013 1:54 pm ET
Updated: March 22, 2013 1:57 pm ET

Related to this story

Topics Materials, China, Materials Suppliers

WORCESTER, ENGLAND — Both demand and supply of nylon compounds in China continues to rise, according to a new study released by England’s AWJ Consulting. The report primarily focuses on nylon 6, nylon 6/6 and high-temperature nylons.

Demand for nylon compounds in China reached 894,500 metric tons in 2012 and is forecast to grow at an average 7.5 percent during the next five years. This would call for a 2017 market demand of nearly 1.3 million metric tons.

In the last three years, China’s nylon market growth has averaged 11.2 percent. In 2012, demand in China rose 6.2 percent. Automotive applications rose an estimated 9 percent, while the electrical industry saw 3-4 percent gains.

With China has a large number of nylon suppliers and a diverse and a relatively fragmented processing sector, the supply structure is evolving.

Five years ago, China relied heavily on imports, with 65 percent of nylon 6 polymer and 86 percent of nylon 6/6 brought in from other countries. DSM is making local strides in nylon 6 polymer development and Shenma is leading nylon 6/6 production.

Today, the top 10 players in independent nylon compound production include Dongguan Epone Engineering Plastic Co. Ltd., Kingfa Sci. & Tech. Co. Ltd., Harbin Xinda Macromolecule Material Co. Ltd., Tospo Engineering Plastics Co. Ltd., Zhejiang Juner New Materials Co. Ltd., Shandong Dawn Engineering Plastic Co. Ltd., NanJing Julong Engineering Plastics Co. LTD, Polymer Science (Shenzhen) New Materials Co. Ltd., Shanghai Nytex Composite Products Co. Ltd. and Zhejiang Yongxing Plastic Co. Ltd.

For more details visit awjconsulting.com.


Comments

AWJC report highlights nylon growth in China

Published: March 22, 2013 1:54 pm ET
Updated: March 22, 2013 1:57 pm ET

Post Your Comments


Back to story


More stories

Materials firm realigns business divisions

October 20, 2014 1:23 pm ET

Trinseo S.A., formerly known as Styron L.L.C., is realigning its business divisions, creating two new business groups — Performance Materials...    More

Image

Corbion Purac collaboration taking bioplastics into even more uses

October 17, 2014 6:00 am ET

Corbion Purac NV's collaboration with Taiwan-headquartered compounder Supla Co. Ltd. and Taiwan electronics producer Kuender & Co. is paying...    More

Image

Momentive gearing up for some timely LSR sales

October 17, 2014 10:58 am ET

Momentive Performance Materials Inc. has plenty of time for customers at Fakuma — thanks to colorful new watchbands made with the firm's fiber-...    More

Image

Evonik sees clear growth opportunities with new Plexiglas Resist resin

October 17, 2014 6:00 am ET

Evonik Industries AG presented a new specialty molding compound during Fakuma in Friedrichshafen with which it plans to exploit the growing demand...    More

Image

Teknor adding second UK production line

October 17, 2014 9:25 am ET

Teknor Apex Co. will add a second thermoplastic elastomer production line at its United Kingdom plant by the end of 2015 to meet growing demand.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events