Regions Covered
USA
Europe
Asia
The nylon market is expected to portray a strong growth in the coming years, taking in support of higher raw material prices and healthier demand trends after witnessing lackluster market sentiments during 2015–2016. Concerns of supply tightness had arisen, especially in Europe and Asia, in line with capacity rationalization in the upstream as well as ongoing environmental regulations in China. Currently the global Nylon 6, 6 market is constrained due to major shutdowns and disruptions in production process from Solvay, Radici, BASF and Ascend from Q1 2018 and is likely to continue into end of 2018 to early 2019 keeping supply limitations and surge in demand as the major price driving factor. Among the top regions, Asia with the largest capacity share of 57 percent and 5.3 MMT/year capacity is driving the nylon market. In terms of two main grades in the industry (nylon 6 and nylon 6, 6), capacity of nylon 6 is more and stands at ~7.2 MMT/year compared to nylon 6, 6 at ~2.3 MMT/year.
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