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Nylon-6 Industry Size, Share & Demand The global nylon-6 industry share is expected to secure around USD 26,040.9 Million in 2032 and is likely to hold a valuation of around USD 14,679 Million in 2022. The global industry size is expected to exhibit a stable CAGR of 5.9% over the projection period from 2022 to 2032. The growth in the market is attributed to the surging concern about the environment as well as the demand for nylon-6 in the emerging textile market, which will make nylon-6 a more attractive product in the market. The inclusion of PA 6 and PA 6, 6 into 3D printing systems is expected to lead to market growth for nylon-6 in the market. From 2016-2021, the market displayed a growth rate of 5.1%. As a result of its high pressure, heat, and corrosion resistance, it is highly regarded in the manufacturing industry. In addition to its phenomenal properties, the nylon-6 polyamide is an engineered thermoplastic that comprises good flow properties, moldability, extrusion capability, chemical resistance, and morphological properties. It has diverse applications that involve fused filament fabrication (FFF), and nylon 6 is considered a promising candidate in future markets. Nyon-6 is known for its characterization of physical and chemical properties that make it suitable for a wide range of applications. Source: https://www.prnewswire.com/news-releases/nylon-6-market-is-set-to-surpass-revenue-of-us-26-1-mn-is-estimated-to-reach-by-2032-end-at-a-steady-cagr--data-analysis-by-future-market-insights-inc-301663177.html Approximately 60% of the global production of polyamides is composed of nylon 6. Around 6.6 million metric tons of nylon-6 were globally produced in 2013. In a huge variety of applications, both nylon 6 and nylon 66 can be used interchangeably depending on the local availability and the applications that require them in a particular environment. It becomes evident that nylon 66 and nylon 6 have different properties for industrial uses. Key Takeaways in Nylon-6 Market Nylon-6’s versatility and its diverse application in various sectors are the major driving factors within the global market. Nylon-6 is used in various end-use industries such as automotive, packaging, electronics & electrical, wires & cables, textiles, films & coating, and others. As a result, the market is expected to benefit from an increase in demand for applications in the above sectors. Nylon 6 (PA-6) is anticipated to see a surge in demand attributed to its usage in the healthcare sector and musical instruments. In addition to that, the nylon-6 market growth continues to prosper over the assessment period through increased capital investments, higher productivity, and a growing product portfolio. Even though nylon-6 (PA6) is an ideal material due to its physical and chemical properties, some features may inhibit its use, like its tendency to shrink in molded sections. The lightweight advantages of nylon 6 result in a significant reduction in fuel emissions along with improved fuel efficiency. Transportation has widely become dependent on plastics over recent years. Furthermore, films and coatings are also emerging as a major driver in the food industry where films and coatings are being used to produce flexible packaging with a longer shelf life, such as meat packaging. This sector is dominated by low-cost plastic packaging such as PP, PE, and PVC. Attributing to its high dielectric resistance, nylon 6 is known to be the most preferred polyamide in applications subjected to thermal and mechanical stress. The potential uses of nylon 6 have increased due to the emergence of polymer technologies.

Formaldehyde-Free Resins Industry Size, Share & Demand The global formaldehyde-free resin industry size was worth USD 8,346.7 Million in the year 2022 and is expected to reach USD 16,257 Million by the year 2032 at a CAGR of 6.9% between 2022 and 2032. The characteristics of formaldehyde-free resin include robust resistance to moisture with good adhesion properties. As such, formaldehyde-free resins are used to bind fiberglass filaments in fabricating industrial nonwovens inclusive of fiberglass webs used in the insulation of roofing, HVAC filters, and floorings. Wood adhesives are used on an extensive note in the furniture vertical and offer advantages like appropriate adhesion to wood, enhanced balance between flexibility and rigidity, and resistance to fatigue and water. There are fiberglass substrates used in automotive, infrastructure, and chemicals vertical; which are bound with adhesives providing resistance against corrosion with electrical insulation. Source: https://www.medical-equipment-and-supplies.com/company/910976/news/3558155/surging-demand-for-formaldehyde-free-resins-driven-by-construction-boom-and-industrial-applications Advantages of resin finishing in textile vertical include enhanced dimensional stability and shape retention, smoother and softer fabric surface, simpler to iron, enhanced wet fastness of prints and dyeing, better appearance, and greater wash resistance of the mechanically produced luster (of fiber blends and the stiffening embossed finished, oil-repellents, and water-repellents). At the same time, the fact that the initial processing cost of formaldehyde-free resin is higher can’t be ignored. Plus, consuming carcinogenic formaldehyde could prove to be detrimental to human health. These factors could act as restraints to the formaldehyde-free resin market in the forecast period. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Formaldehyde-free Resin Market’. The team of analysts and consultants is there to execute through its 360-degree view across macros and micros. “With formaldehyde-free resin being excessively used for insulation at residential, commercial, and industrial level, the global formaldehyde-free resin market is likely to grow well in the forecast period”, says an analyst from Future Market Insights. Key Takeaways from the Formaldehyde-free Resin Market North America holds a significant market share due to rising utilization of formaldehyde-free resins in several verticals like paper, plywood, textiles, coatings, and likewise. Europe is expected to witness a substantiation in the formaldehyde-free resin market going forward due to the deployment of these resins in automotive, construction, and other verticals. The Asia-Pacific is expected to grow at a rapid pace in the formaldehyde-free resin market due to modernization of infrastructure and rising urbanization.