The report encompasses exhaustive insights pertaining to pricing, margins, utility costs, operating costs, capital investments, raw material requirements and primary process flow, which is based on the latest economic data. It is a must-read report for new entrants, investors, researchers, consultants and business strategists that assists them in understanding the Nylon 6 industry in a better manner to make informed business decisions.
Nylon 6, also referred to as polycaprolactam, is a synthetic polymer that is a semicrystalline polyamide. Nylon 6 fibers possess high tensile strength, elasticity, durability, luster, etc. They are also wrinkle-proof, and resistant to chemicals, heat, abrasion, wear and tear, etc.
As a result, they are extensively utilized in industrial yarn, cords, ropes, toothbrush fibers, gear wheels, heavy-duty fabrics, seal rings, etc.
The increasing applications of engineering plastics in several sectors, such as aerospace, defense, automobile, electrical and electronics, etc., represents one of the key factors driving the global nylon 6 market.
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Owing to its impact resistance and light weight, nylon 6 is used in various automotive parts, such as support and guide wheels, cable sheaves, hammerheads, sleeve and slide bearings, cylinder headcovers, etc.
In addition to this, the escalating demand for nylon due to the consumer preference for experimenting with different types of materials is also creating a positive outlook for the market. Nylon 6 finds applications in certain fabrics that need a glossy sheen, including hosier, chiffon, organza, etc.
Apart from this, the growing environmental concerns and favorable government policies encouraging the use of eco-friendly materials are catalyzing the requirement for bio-polyamides. This, in turn, is anticipated to further bolster the market for nylon 6 in the coming years.
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