What is Global High Temperature Nylon (HTN) Market?
The Global High Temperature Nylon (HTN) Market is a vast and dynamic sector that deals with the production, distribution, and consumption of high temperature nylon. High Temperature Nylon, also known as HTN, is a type of nylon that has been specially engineered to withstand high temperatures. This makes it an ideal material for use in a variety of industries, including automotive, electronics, and machinery. The market for HTN is global in nature, meaning that it involves companies and consumers from all around the world. In 2023, the value of the global HTN market was estimated at US$ 1557.4 million. This figure is expected to increase to US$ 2260.3 million by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period from 2024 to 2030.
PA6T, PA46, PA9T, PA10T, MXD6, Others in the Global High Temperature Nylon (HTN) Market:
The Global High Temperature Nylon (HTN) Market is segmented into several categories based on the type of product. These include PA6T, PA46, PA9T, PA10T, MXD6, and others. Each of these product types has its own unique properties and applications. For instance, PA6T is a type of nylon that is known for its excellent heat resistance and mechanical properties. It is commonly used in the automotive industry for parts such as engine covers and radiator tanks. On the other hand, PA46 is a type of nylon that is known for its high melting point and excellent dimensional stability. It is often used in the electronics industry for components such as connectors and sockets. The other product types, including PA9T, PA10T, and MXD6, also have their own unique applications and are used in a variety of industries.
Automobile, Electronics, LED, Machinery, Others in the Global High Temperature Nylon (HTN) Market:
The Global High Temperature Nylon (HTN) Market finds its usage in a variety of areas. These include the automobile industry, electronics, LED, machinery, and others. In the automobile industry, HTN is used for manufacturing parts that need to withstand high temperatures, such as engine covers, radiator tanks, and other under-the-hood components. In the electronics industry, HTN is used for making connectors, sockets, and other components that require high heat resistance. The LED industry uses HTN for manufacturing LED lights that need to operate at high temperatures. In the machinery industry, HTN is used for making parts that need to withstand high temperatures and mechanical stress. Other industries also use HTN for various applications that require a material with high heat resistance and excellent mechanical properties.
Global High Temperature Nylon (HTN) Market Outlook:
The market outlook for the Global High Temperature Nylon (HTN) Market is quite promising. In 2023, the market was valued at US$ 1557.4 million. This value is expected to rise to US$ 2260.3 million by 2030, indicating a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period from 2024 to 2030. The largest share of the market is held by the product type PA6T, which accounts for 47% of the global market. In terms of applications, the automobile segment is estimated to be the largest end-use industry segment, holding 52% of the global market. This data suggests a steady growth in the demand for HTN in the coming years, driven by its wide range of applications in various industries.
Report Metric | Details |
Report Name | High Temperature Nylon (HTN) Market |
Accounted market size in 2023 | US$ 1557.4 million |
Forecasted market size in 2030 | US$ 2260.3 million |
CAGR | 5.4% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | DuPont, DSM, Solvay, MGC, Mitsui Chemicals, BASF, Kuraray, EMS Chemie Holding, Kingfa, Evonik, RadiciGroup, Genius, Jiangmen Dezhongtai Engineering Plastic Technology Co., Ltd., Zhejiang NHU, Zhejiang Xinli New Material |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |