Prismane

Europe Polyamide 66 Market Demand & Forecast Analysis, 2016-2032

Europe Polyamide 66 Market Size

The Europe Polyamide 66 market size is projected to grow from USD 2.2 Billion in 2022 to USD 4 Billion by 2032, at a CAGR of 3.4% during the forecast period. Europe Polyamide 66 market is influenced by the strong growth in the automotive industry, coupled with an increasing inclination towards the adoption of electric vehicles.

Europe Polyamide 66 Capacity

In 2022, the total polyamide 66 capacity in Europe reached around 875 kilo tons. BASF emerged as the leading producer, commanding a 31% market share. Celanese Corporation (DuPont) follows closely, holding a 17% share in production capacity. Significant industry shifts include Solvay s divestiture of its global polyamides business to BASF, which led to the sale of Solvay s European operations to Domo.

Europe Polyamide 66 Demand Supply Analysis, 2016-2032 (Kilo Tons)

Europe Polyamide Market Demand Supply 2016-2032 kilo tons
Source: Secondary & Primary Research and Prismane Consulting Estimates

Europe Polyamide 66 Market Overview

Western Europe stands as the third-largest consumer of polyamide 66, commanding nearly 20% of the global polyamide 66 market share. More than 60% of polyamide 66 consumption in the region is from engineering resin which is quite the opposite of global scenario where fibers account for the major share. A substantial portion of polyamide 66 in Europe finds its usage in the automotive and electrical & electronic sectors. Differing from global trends, various grades of Polyamide 66 are preferred for manufacturing under-the-hood vehicle parts. Notably, the region s stringent carbon emission standards have led automobile OEM manufacturers to prioritize sustainability, driving a transition from metals to plastics in vehicle construction. Today, the average European car contains 150 to 180 kgs of plastic, surpassing the global average. Specifically, 15 to 18 kg of polyamide compounds are utilized in a single European car, predominantly in crucial under-the-hood components like air intake manifolds, valve covers, fuel lines, and more.

Europe Polyamide 66 Demand, By Application, 2016-2032 (Kilo Tons)

Europe Polyamide Market Application 2016-2032 kilo tons
Source: Secondary & Primary Research and Prismane Consulting Estimates

Impact on EV Market

With a focus on achieving net-zero carbon emissions, the European Electric Vehicle (EV) market has experienced remarkable growth, boasting 1,729,000 registered EVs in the EU-27 in 2022. Key contributors include Norway, Iceland, Sweden, Denmark, Finland, and the Netherlands. This surge in adoption of EVs is projected to elevate the polyamide 66 market, especially in the production of EV components such as battery cell frames, module housings, connectors, wire insulation, motor housings, and body panels. Apart from automotive dominance, polyamide s prevalence in the region extends to textiles, primarily driven by Spain, Italy, and Turkey. Polyamide 66 fibers serve as pivotal materials for clothing and sportswear.

Europe Polyamide 66 Market Players

Noteworthy players in the Polyamide 66 supply chain comprise BASF, Celanese Corporation (DuPont), INVISTA, Domo, and Radici Group, with the latter predominantly invested in polyamide 66 fiber production.

Europe Polyamide 66 Recent Developments

Recent industry developments include BASF s closure of its HMDA (PA 66 precursor) plant in the UK due to concerns about regional automobile industry instability. However, BASF s strategic plans include the launch of a 260-kilo tons HMDA plant in Chalampe, France, expected to commence production in 2024. Collaborations and expansions mark the industry landscape, such as the 500-kiloton HMDA plant in France owned by Butachimine JV between Invista and BASF.

Scope of Report 
The Polyamide 66 (PA66) report describes Europe Polyamide 66 (PA66) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Application
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Polyamide 66 (PA66) Market data in terms of volume and value for each end-use 
   at regional and country level
•  Polyamide 66 (PA66))  Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Automotive
      •  Electrical & Electronics
      •  Industrial
      •  Textile
      •  Consumer Goods & Appliances
      •  Others
5.  Plants & Projects Analysis
      •  Polyamide 66 Production Capacity, by Company
      •  Polyamide 66 Production Capacity, by Country and by region
      •  Capacity Overview
6.  Introduction to Polyamide 66 and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Europe Polyamide 66 Demand-Supply Analysis, By Applications (Volume, Value) (2016–2032) 
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Net Exports
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Europe Polyamide 66 Market, By Applications
          -  Automotive
          -  Electrical & Electronics
          -  Packaging/Film
          -  Industrial
          -  Textiles
          -  Consumer Goods & Appliances
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Polyamide 66 Market, By Applications
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by Applications, has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2023 – 2032)
10.  Pricing Analysis
      •  Average Polyamide 66 Prices, USD/Kg
      •  Average Polyamide 66 Prices, by Country 
      •  Average Polyamide 66 Prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Polyamide 66 Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             -  INVISTA
             -  Domo
             -  Radici Group
             -  BASF
             -  Celanese Corporation (DuPont) 
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 
The Polyamide 66 (PA66) report describes Europe Polyamide 66 (PA66) market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Application
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Polyamide 66 (PA66) Market data in terms of volume and value for each end-use 
   at regional and country level
•  Polyamide 66 (PA66))  Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

How big is Europe Polyamide 66 Market?
The Europe Polyamide 66 market size is projected to grow from USD 2.2 Billion in 2022 to USD 4 Billion by 2032, at a CAGR of 3.4% during the forecast period. Europe Polyamide 66 market is influenced by the strong growth in the automotive industry, coupled with an increasing inclination towards the adoption of electric vehicles.
Who are the key manufacturers in Europe Polyamide 66 market?
Noteworthy players in the Polyamide 66 supply chain comprise BASF, Celanese Corporation (DuPont), INVISTA, Domo, and Radici Group, with the latter predominantly invested in polyamide 66 fiber production.
What is the current Europe production capacity for Polyamide 66?
In 2022, the total polyamide 66 capacity in Europe reached around 875 kilo tons. BASF emerged as the leading producer, commanding a 31% market share. Celanese Corporation (DuPont) follows closely, holding a 17% share in production capacity. Significant industry shifts include Solvay's divestiture of its global polyamides business to BASF, which led to the sale of Solvay's European operations to Domo.