What is PA6,12 Engineering Plastics - Global Market?
PA6,12 Engineering Plastics, also known as Polyamide 6,12, is a type of engineering plastic that is widely used in various industries due to its excellent mechanical properties, high heat resistance, and good chemical resistance. This type of plastic is produced by the polymerization of hexamethylene diamine and dodecanedioic acid, which gives it its unique properties. The global market for PA6,12 Engineering Plastics is vast and diverse, with numerous applications across different sectors.
Injection Molding Grade, Extrusion Grade in the PA6,12 Engineering Plastics - Global Market:
The PA6,12 Engineering Plastics - Global Market is segmented based on the type of grade used, namely Injection Molding Grade and Extrusion Grade. Injection Molding Grade PA6,12 is primarily used in the production of complex parts and components, as it allows for high precision and intricate designs. On the other hand, Extrusion Grade PA6,12 is used in the production of films, sheets, and profiles, due to its excellent extrusion properties. Both these grades have their unique advantages and are chosen based on the specific requirements of the application.
Automobile, Electronic and Electrical, Household Products, Machinery, Other in the PA6,12 Engineering Plastics - Global Market:
PA6,12 Engineering Plastics are extensively used in various sectors such as Automobile, Electronic and Electrical, Household Products, Machinery, and Others. In the Automobile sector, they are used in the production of various parts such as gears, bearings, and bushings due to their high wear resistance and low friction properties. In the Electronic and Electrical sector, PA6,12 plastics are used in the production of connectors, switches, and insulators due to their excellent electrical insulation properties. In the Household Products sector, they are used in the production of kitchen appliances, furniture, and other household items due to their high heat resistance and durability. In the Machinery sector, PA6,12 plastics are used in the production of various machine parts due to their high mechanical strength and good chemical resistance.
PA6,12 Engineering Plastics - Global Market Outlook:
The global PA66 Engineering Plastics market, which is a part of the larger PA6,12 Engineering Plastics market, was valued at US$ 4700 million in 2022. It is expected to grow at a steady pace and reach a value of US$ 5559.8 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.4% during the forecast period of 2023-2029. The largest market for these plastics is North America, which holds about 50% of the global market share. Europe follows closely behind with about 30% of the market share. In terms of product types, Injection Molding Grade is the most popular, holding about 85% of the market share.
| Report Metric | Details |
| Report Name | PA6,12 Engineering Plastics - Market |
| Global PA6,12 Engineering Plastics market, by region: |
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| Global PA6,12 Engineering Plastics market, Segment by Type: |
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| Global PA6,12 Engineering Plastics market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
