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 Materials Suppliers China
Companies & Associations

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

Image

US engineering plastics demand

April 20, 2015 2:29 pm ET

   More

Image

Ford moving forward in carbon fiber for 'high volume' use

April 17, 2015 10:21 am ET

Ford Motor Co. has signed a deal with a carbon-fiber manufacturer to jointly explore “high-volume” automotive uses for the lightweight...    More

Image

Force majeure declared at six European sites since mid-March

April 17, 2015 1:10 pm ET

At least six European resin makers have declared force majeure on polyethylene, polypropylene and related products since mid-March, leading to higher ...    More

Image

Executives step down from Star Thermoplastics

April 17, 2015 12:56 pm ET

Executives Randall Fortin and Larry Johnson no longer are with materials firm Star Thermoplastics Alloys & Rubbers Inc.    More

Image

Zoltek expanding CF capacity in Europe

April 17, 2015 10:12 am ET

Leading carbon fiber group Zoltek Corp. has signed a strategic agreement with the Hungarian government to expand its operation in northern Hungary, al...    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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

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

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events