Modified nylon is widely used and domestic market demand is growing

Nylon, chemically known as polyamide, is a polymer made of monomers containing carboxyl and amino groups polymerized through amide bonds. Modified nylon is a granular product formed from nylon raw materials by changing its physical properties. It is widely used in automobiles, textiles, medical, electronic and electrical, rail transit and other fields. There are various types of modified nylon, including reinforced nylon, conductive nylon, wear-resistant nylon, flame-retardant nylon, etc.

In the automotive field, modified nylon can replace metal materials in parts and accessories, reducing the weight of the car body and improving safety and comfort. In the medical field, modified nylon can be used to make artificial skin, artificial heart valves, etc. Products as well as medical equipment such as nursing beds and foot drop correctors that have certain requirements on load-bearing capacity. In addition, modified nylon’s good flame retardancy and chemical stability can also be used in the production of heat-resistant plastics and electronic components.

According to the “Modified Nylon Industry In-depth Market Research and Investment Strategy Suggestions Report 2023-2027” released by the Industrial Research Center, from From a global market perspective, with the continuous development of the electronic information industry, the trend of automobile lightweighting is increasingly emerging. The application of modified nylon in various fields continues to deepen, and the market scale continues to expand. The global modified nylon market size will be approximately US$11 billion in 2022, a year-on-year increase of approximately 4.5% in 2021. From the perspective of the domestic market, as the level of scientific and technological development continues to improve, and technologies such as electronic communications and automobile manufacturing continue to advance, the market demand for modified nylon is growing, rising from about 400,000 tons in 2023 to about 460,000 tons in 2022 .

From the perspective of the downstream market, with the support of national policies, my country’s new energy vehicle industry has shown a booming development trend, coupled with the continuous increase in national disposable income, the gradual release of commuting demand and travel demand, domestic car ownership has continued to grow in recent years, and modified nylon It has a broad consumer market. According to data released by the Ministry of Public Security, my country’s car ownership will reach 319 million vehicles in 2022, an increase of 17.52 million vehicles or 5.8% over 2021.

After a period of development in my country’s modified nylon industry, the number of production companies has continued to increase, product quality has continued to improve, the types have become increasingly rich, and the competitiveness in the international market has continued to improve. Representative companies include Kingfa Technology Co., Ltd., Guangzhou Chendong New Materials Co., Ltd., Shenzhen Water New Materials Co., Ltd., etc. Among them, Kingfa Technology Co., Ltd. is China’s largest modified plastics manufacturer and one of the companies with the most complete range of modified plastics in the world. Its modified nylon products include PA6, PA66, PA10T, etc., which are widely used in automobiles, home appliances, information technology, etc. communications and other fields.

Industry analysts said that with the continuous development of emerging industries such as 5G communications and new energy vehicles, modified nylon will be used in electronics and automobiles. The applications will continue to expand, and the market demand for high-quality, high-strength products will continue to grow. In the context of the continuous development of the circular economy and the continuous advancement of environmental protection policies, the modified nylon industry needs to increase R&D investment and study renewable and recycled modified nylon products.