Nylon 12 is a
semi-crystalline thermoplastic material with the formula [(CH2)11C(O)NH]n. It
is also known as Polyamide (PA 12). It is either made from laurolactam monomers
or ?-aminolauric acid, each having 12 carbons. Good chemical resistance,
ability to accept high loading of fillers, low density, less sensitive to
stress cracking, and low water absorption are some of the key benefits of Nylon
12. Nylon 12 is deployed in a variety of industries, particularly in
automotive, electrical, and sport goods industries. Taking into account the
growth of the global Nylon 12 market, QYR Consulting has lately published a new
report named, “Global Nylon 12 Market Report: Company Analysis, History and Future
Overview, Global Sales Trends by 2025.” According to the report, the global
Nylon 12 market was US$ 1304 Mn in 2018 and is expected to reach US$ 1410 Mn by the end of 2025. The global Nylon
12 market is predicted to exhibit a sluggish CAGR of nearly 1% during the
forecast period of 6 years, i.e. between 2019 and 2025.
Segmental Analysis
Nylon 12 to Witness Demand from the Automotive
Industry
On the basis of application, the Nylon 12 market
has been segregated as car pipeline, engineering applications, cable shell, and
PV industry. Key application of Nylon 12 lies in the automotive industry. This
is attributed to extensive usage of Nylon 12 based automotive components due to
its superior properties. The global Nylon 12 market has been bifurcated on the
basis of product as extrusion grade and injection grade. Extrusion grade is
gaining popularity on account of its high flexibility, good chemical
resistance, light and heat stability, and high dimensional stability.
Request a sample of
the research study here: https://www.qyrconsulting.com/request-sample/7683
Regional Coverage
Presence of Major Players to Drive the Nylon
12 Market in Europe
Leading manufacturers such as Evonik and Arkema are
based in countries such as Germany as well as France, which is fuelling the
Nylon 12market growth in Europe. Surge in the production and consumption of
Nylon 12 is a key factor driving the Nylon 12 market in North America.
Increasing consumption of Nylon 12 in countries such as China and Japan may
boost the market growth in Asia Pacific.
Key Players
Some of the key players operating in the global
Nylon 12 market are UBE Industries(JP), Evonik(DE), EMS, Arkema(FR), and
Grivory(CH),. Key players are taking up various strategic initiatives such as
business expansion, collaborations, partnerships, and mergers and acquisitions
with an aim to strengthen its presence in the Nylon 12 market.
Market Dynamic
High Cost May Curb the Nylon 12 Market
Growth
The cost of Nylon 12 is high as compared to the
other nylons, which is acting as a major restrain in the market growth.
Moreover, minimal heat resistance may challenge the Nylon 12 market growth in
the years to come. Lower tensile strength as well as lower heat deflection and
glass transition temperature as compared to the standard Nylon are also some of
the limitations associated with Nylon 12.
Read
Report Overview with TOC: https://www.qyrconsulting.com/reports/nylon-12-market
Related Report:
https://www.qyrconsulting.com/reports/magnesium-sulfate-heptahydrate-market
https://www.qyrconsulting.com/reports/glutaraldehyde-market
About Us:-
QY Research is the most reliable source to access the market research reports that will offer you a lead that your business needs. At QY Research, our key objective is to provide a platform for various world-class market research companies across the globe to circulate their research reports. We also assist decision-makers in finding suitable business solutions. QY Research Wire has a primary aim of providing an ultimate solution based on customers’ requirements.
Contact Us:-
QY Research, INC.
17890 Castleton,
Suite 218,
Los Angeles, CA – 91748
USA: +1 626 295 2442
Email: enquiry@qyresearch.com
Web: http://www.qyresearch.com