Strong growth in the domestic polyamide market

According to the latest research report of British AWJ Consulting Company, the domestic polyamide (PA) market is growing strongly. In 2007, the demand for PA polymer and compounding materials reached 511,000 tons, and it is expected that by 2010, the demand will reach 758,000 tons/year. year. In the past three years, the average annual growth rate of China's PA market has reached 15%, and the average annual growth rate in the next three years will reach 13.9%.
The research report shows that in 2007, the injection molding market accounted for about 82% of the domestic PA market demand, of which the power and electronics industry accounted for about 50% of the demand, and the automotive application field has accounted for 16% of the Chinese injection molding PA market. The fastest growing demand area. From 2003 to 2006, the output of passenger cars in China increased by 100%, and in 2007 it increased by 23%. In addition, the use of PA for domestic automakers is increasing. At present, each vehicle uses 7 to 8 kilograms of PA. This figure lags far behind that of the West.
The research report also investigated suppliers in the domestic PA market. In the field of PA6, Melda is currently the largest producer in China, with a capacity of 40,000 tons/year in 2007. However, DSM's new 50,000-ton/year plant in mainland China will be put into production. The main target market for the device is the thin-film market. China Shenma Group is the largest PA66 producer in China.
According to AWJ Consulting, in 2007 China's PA6 market demand was 315,000 tons, of which 64% were from imports; while PA66's imports were even higher, accounting for about 86% of China's PA66 market demand of 193,000 tons in 2007. .

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