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Nylon 66 industry status quo and analysis
!!Du Xuan, from Liaoning Yinzhu ChemTex Group Co., Ltd

2017-09-15 14:02:38
Du Xuan, from Liaoning Yinzhu ChemTex Group Co., Ltd, gives his speech
Nylon 66 industry status quo and analysis


Mr. Du introduced background, production, pattern and application of nylon 66 industry. He also put forward original views on development direction of nylon 66 fiber in China. Around 80% of global nylon 66 polymer capacity is in Europe and America and about 20% in Asia. The supply focuses on a few international large-scale enterprises. In nylon 66 application, fiber and engineering plastic occupies almost 50% of market share.

Mr. Du pointed out factors that restrain nylon 66 development. 1. Restriction of feedstock production technology; 2. High unit consumption, large cost and poor innovation; 3. Blind development and dumping of the industry.

Global nylon 66 market will grow at a steady rate of 2-3% and the largest growth will be contributed by China. By 2022, the share of Chinese demand will advance to 40% in global market. Chinese companies may explore more differential and functional products and Yinzhu Group has already put more efforts on the development of novel fibers.
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