(I-BusinessNews.Com, June 18, 2021 ) The usage for polyamide-6 powder in 3D printing is an emerging trend in the injection molding polyamide 6 market. 3D printing is an emerging technology which is used in various applications such as automotive and construction. 3D printing makes manufacturing more versatile, economical, energy-saving and efficient. The usage of polyamide-6 powder to make such 3D printed parts is expected to shorten the development cycle, save cost and meet the customized requirements of small volume production. For instance, polyamide-6 powder developed by BASF is the first raw material that made 3D printing parts, which was successfully used in engine testing. Therefore, usage for polyamide-6 powder in 3D printing is playing an important role in the injection molding polyamide 6 market.
The injection molding polyamide 6 market consists of sales injection molding polyamide 6 and related services by entities (organizations, sole traders and partnerships) that provide injection molding polyamide 6. Polyamide 6 is also known as nylon 6 or polycaprolactam, offers surface finish, strength, stiffness, and chemical resistance to hydrocarbons and is mostly used in automotive, electronics and construction industries.
The global injection molding polyamide 6 market is expected to grow from $8.76 billion in 2020 to $9.43 billion in 2021 at a compound annual growth rate (CAGR) of 7.71%. The growth is mainly due to growing application of injection molding polyamide 6 in end-use industries such as automotive, electrical & electronics, industrial/machinery, consumer goods & appliances, and construction, due to benefits associated with properties such as high impact strength, good abrasion & wear resistance, excellent surface appearance, better processability, and low-cost. The injection molding polyamide 6 market is expected to reach $13.68 billion in 2025 at a CAGR of 9.73%.
Major Players in the Injection Molding Polyamide 6 Market:
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