Global Polyamide 12 (PA 12 / Nylon 12) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Polyamide 12 (PA 12 / Nylon 12) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The initial feedstock of nylon 12 is butadiene, and the monomeric dodexamide of nylon 12 is produced through a series of intermediate steps, and then the reactive reaction is generated by polycondensation. The molecular formula of nylon 12 is: - [NH- (CH2) 11-CO] n] -. It can be seen from the molecular formula that the proportion of the amide group in nylon 12 is higher than the general nylon material such as nylon 6, nylon 66, nylon 612, etc. It is the existence of the amide group to make nylon's engineering plastics, so nylon 12 is different from other nylon materials.

Market Overview:

The latest research study on the global Polyamide 12 (PA 12 / Nylon 12) market finds that the global Polyamide 12 (PA 12 / Nylon 12) market reached a value of USD 1847.59 million in 2022. It’s expected that the market will achieve USD 3034.62 million by 2028, exhibiting a CAGR of 8.62% during the forecast period.

The outbreak of the new crown pneumonia epidemic has slowed down the entire logistics of nylon products and has endangered production and use all over the world. COVID-19 continues to spread every day, negatively affecting communities and businesses. The growth of multiple industries will be significantly affected, while many other markets may not be harmed and show promising growth opportunities. The COVID-19 pandemic has severely affected the polyamide market due to declining demand for end-use products and the suspension or reduction of production, thereby hindering the PA 12 market.

Most plastics are high-molecular polymers formed by polymerization of by-products refined from fossil raw materials such as petroleum. Thermoplastics, such as polyolefin, are synthetic resins that are systematically produced directly from the petrochemical industry. The material of plastic flexible packaging is basically a base material processed from petroleum by-products as raw materials. However, as the price of oil has risen this year, it has directly led to an increase in the cost of plastics. The price of oil continues to rise, causing some plastic products companies to face losses. The loss of price advantage and the shrinking of profits will often cause companies to fall into a vortex of low-price and low-quality competition. Therefore, the price fluctuation of crude oil will bring challenges to the development of the industry.

Product advantages

PA 12 is the most widely used long carbon chain nylon. In addition to the general properties of general nylon, it has low water absorption, high dimensional stability, high-temperature resistance, corrosion resistance, good toughness, and easy processing. Compared with PA 11, another long-carbon chain nylon material, the price of butadiene, the raw material of PA 12, is only one-third of that of castor oil, which is the raw material of PA 11. It can be used in most scenarios instead of PA 11.

The development of e-commerce

In addition, the development of the Internet, new online shopping channels and social media have forced PA 12 manufacturers and sellers to formulate new strategies. With the rise of technology, more and more buyers are turning to e-commerce sites to make purchases, especially during the COVID-19 pandemic. At present, the momentum of e-commerce development is strong, this kind of sales method is becoming more and more common, and the downstream consumer groups are gradually expanding, which stimulates the development of the industry. Therefore, the industry needs to keep up with this step in order to obtain more development opportunities.

Technology development

The PA 12 market is booming, and the fundamental reason for the leap-forward development of its application scenarios lies in the innovation of technology, safety and variety. The explosive growth of industry user demand has greatly enriched the application scenarios of PA 12. On the one hand, the further promotion of raw materials and suppliers in the PA 12 industrial chain is conducive to the restructuring and upgrading of the industry source and optimizing the industrial process; on the other hand, the updating and iteration of PA 12 technology, quality, and variety are conducive to the continuous upgrading and quality improvement of products. To further meet the new needs of users, these are all conducive to the further development of the industry. The promotion of many parties has resulted in the explosive development of PA 12 applications.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Europe (31.13% in 2021).

Company Overview:

Evoik is one of the major players operating in the Polyamide 12 (PA 12 / Nylon 12) market, holding a share of 43.69% in 2021.

Segmentation Overview:

Among different product types, PA12 Resi (Polymer) segment is anticipated to contribute the largest market share in 2027.

PA12 Resin (Polymer)

PA12 in resin state is easy to process in standard equipment (extrusion, injection molding, etc.). It is transparent and very light, which helps to improve the fuel economy of cars, trucks, and airplanes; lighter weight also means lower usage Rate and volume-based cost savings. It also has excellent noise reduction, vibration elimination ability, very good chemical resistance, better dimensional stability and excellent impact resistance, and also has excellent wear resistance and excellent stress crack resistance.

PA12 Powder

The Sintratec Nylon (PA12) powder is a high-performance polymer and allows for strong, temperature-resistant, precise and durable work pieces to be printed. The manufactured parts can be used for functional prototypes in mechanically demanding applications and end products.

The industrial grade PA12 is specifically engineered for high-end additive manufacturing. The material guarantees high stability and resolution and is especially suited for printing complex objects. If desired prints can be surface treated and coated.

Application Overview:

The market's largest segment by application is the segment Automotive, with a market share of 34.49%in 2021.

Automotive

On the car, the currently used oxygen-containing fuel, high aromatic hydrocarbon fuel and alcohol mixed fuel can lead to the decomposition of many hose materials. Test, only nylon 11, nylon 12 and carbon resin elastomers can be used in this environment. Under the action of automobile fuel, all nylon will rise, resulting in dimensional changes, especially in methanol-containing gasoline, nylon such as nylon, such as a large amount of amide group, which is 12% dissolved. A lot of rises. It has been found that 15% of fuel containing 15% methanol has a great impact on nylon. The current nylon 12 is widely used in the fuel pipes and brake pipes of the car.

Industrial

PA12 material has been applied to flexible risers, gas pipes, linings, steel pipe coatings on land and offshore for many years. It can prevent seawater erosion and corrosion of oil fluids and is used to manufacture the flexibility of transporting subsea oil and gas products and merging fluids. Standpipe, natural gas distribution system up to 20 bar pressure, etc. Nylon 12 has low embrittlement temperature and excellent weather resistance. It is especially suitable for the manufacture of special-purpose communication cables in the field that require use in all climates (-5070). In addition, nylon 12 has gradually become an ideal material for engineering plastic 3D printing.

Consumer Goods

Consumer goods are products bought for consumption by the average consumer. Among them, PA12 is an excellent material for catheter production due to its high burst pressure, good flexibility, chemical resistance, compatibility with body fluids and non-toxicity. It meets the medical product requirements of the US Food and Drug Administration and the European Union. In addition, PA12 has excellent fatigue resistance, spray-free, and can be used for glasses frames. PA12 can also be used in the dish rack of a new type of dishwasher to ensure that the metal dish rack is not worn out under high-temperature detergents and has a longer service life; it can also be applied to outdoor furniture, such as park benches, in coating PA12 can effectively prevent metal corrosion and so on.

Electronics

PA12 can be used to manufacture electrical equipment parts and electronic and electrical parts. In recent years, it is required to have low noise when electrical parts are in operation, and components made of PA12 can be silenced. It is widely used in tape recorders, clock gears, electrical wiring, and small precision mechanical parts. The consumption of PA12 in the electronic and electrical industries will increase.

Key Companies in the global Polyamide 12 (PA 12 / Nylon 12) market covered in Chapter 3:

Arkema
EMS-Grivory
Evonik
UBE Industries

In Chapter 4 and Chapter 14.2, on the basis of types, the Polyamide 12 (PA 12 / Nylon 12) market from 2018 to 2029 is primarily split into:

PA12 Resin (Polymer)
PA12 Powder

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Polyamide 12 (PA 12 / Nylon 12) market from 2018 to 2029 covers:

Automotive
Industrial
Consumer Goods
Electronics

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)