Highlights
With 46kt/a of newly added capacity in 2023, the total capacity of the PA66 industry reached 817kt/a, which registered a growth rate of 6%, indicating an increase in supply. However, weak demand in the main downstream field of engineering plastics this year resulted in oversupply of PA66. In 2023, due to the oversupply and decreases in feedstock prices, the market price of PA66 showed a weak trend, and the average price in H1 of 2023 decreased by over 30% Y-O-Y. It is estimated that in H2 of 2023, the price of PA66 will hover around the cost line, leaving limited space for further decline, and the price may bottom out by then.
In the next five years, over 2 million mt of capacity is planned to be added for adiponitrile and hexanediamine, the feedstock of PA66, and the capacity is 3-4 times the existing capacity. The planned new capacity of PA66 is more than 5 million mt/a, 6-7 times the existing capacity. In the future, adiponitrile, hexanediamine and PA66 industries will all be in rapid development. This will bring opportunities for corporate growth but also many challenges.
In this context, how will the capacity expansion of adiponitrile, hexanediamine and PA66 progress? What will the future competitive landscape look like? What prospects and challenges will the PA66 market face? What are the potential drivers that could sway the PA66 market dynamics? How will the price of PA66 develop? These crucial points of focus for various industry players will be thoroughly analyzed in the annual report.
SCI’s 2023-2024 China PA66 Market Annual Report is the result of our analysts’ intensive research. It provides detailed interpretations of market trends, analysis and forecast of the key areas and directions of future industry development, offering customers a solid foundation for market judgment.
Report value
1. Comprehensive analysis of the key market drivers and the price trend over the past five years
2. Detailed analysis of supply and demand, with insights into the variation of PA66 supply and demand
3. In-depth interpretation of factors influencing market trends and analysis of product price co-movement
4. Standardized commissioning plans of adiponitrile, hexanediamine and PA66 in the next five years to assist in discerning industry development trends
Contents
Part 1 PA66 Market Overview
Part 2 2019-2023 PA66 Supply-Demand Balance Analysis
Part 3 PA66 Supply Pattern and Variation Analysis
3.1 2023 Global PA66 Capacity Layout and Trade Flow
3.2 2019-2023 China PA66 Capacity Variation Analysis
3.2.1 China PA66 Capacity Development Trend Analysis
3.2.1.1 PA66 Capacity Development Trend Analysis
3.2.1.2 PA66 Capacity Concentration Ratio Analysis
3.2.1.3 2023 Existing PA66 Capacity
3.2.2 China PA66 Capacity Regional Layout Analysis
3.2.2.1 PA66 Capacity Analysis by Region
3.2.2.2 PA66 Capacity Analysis by Coastal Area
3.2.3 2023 China PA66 Trade Flow Analysis
3.2.3.1 China PA66 Main Sales Areas and Demand Volume
3.2.3.2 China PA66 Main Production Areas and Output
3.2.3.3 China PA66 Trade Flow Characteristics and Influence
3.2.4 2024-2028 China New PA66 Capacity
3.2.4.1 2024-2028 China PA66 Capacity Forecast
3.2.4.2 2024 New PA66 Capacity Research
3.3 2019-2023 China PA66 Output Variation Analysis
3.3.1 2019-2023 China PA66 Output
3.3.1.1 China PA66 Annual Output Variation and Capacity Utilization Rate
3.3.1.2 China PA66 Annual Output Variation by Region
3.3.2 2023 China PA66 Production Characteristics and Reason Analysis
3.3.2.1 2023 PA66 Monthly Output Variation and Influence Analysis
3.3.2.2 2023 PA66 Production High-Frequency Data Characteristics Analysis
3.4 2019-2023 China PA66 Import Market Analysis
3.4.1 2019-2023 China PA66 Import Data Analysis
3.4.1.1 China PA66 Import Volume Trend Analysis
3.4.1.2 China PA66 Import Structure Analysis by Trading Partner
3.4.1.3 China PA66 Import Structure Analysis by Place of Consignee and Trade Mode
3.4.2 2023 China PA66 Import Volume Variation Analysis
3.4.2.1 Monthly Import Volume and Characteristics Analysis
3.4.2.2 2023 Import Influence on China Total Supply
3.5 2019-2023 PA66 Inventory Variation Analysis
3.5.1 PA66 Producer Inventory Variation and Trend Analysis
3.5.2 Producer Inventory Variation and Price Relationship Characteristics Analysis
3.6 PA66 Warehousing and Logistics Status Analysis
3.7 2024-2028 China PA66 Market Supply Forecast
3.7.1 2024-2028 Supply Volume Forecast
3.7.2 2024 Monthly Supply Forecast and Its Influence on Price
Part 4 PA66 Demand Pattern and Variation Analysis
4.1 PA66 International Demand Overview
4.2 2019-2023 China PA66 Consumption Volume Variation Analysis
4.2.1 China PA66 Annual Consumption Volume and Variation
4.2.2 China PA66 Consumption Structure Analysis
4.2.3 China PA66 Downstream Customer Scale and Demand Variation Analysis
4.2.4China PA66 Downstream Customer Scale in Key Areas
4.2.5 2023 Downstream Modified Industry Analysis
4.3 2019-2023 China PA66 Export Market Analysis
4.3.1 2019-2023 China PA66 Export Data Analysis
4.3.1.1 China PA66 Export Volume Trend Analysis
4.3.1.2 2023 China PA66 Export Structure Analysis by Trading Partner
4.3.1.3 2023 China PA66 Export Structure Analysis by Place of Consignor and Trade Mode
4.3.2 2023 China PA66 Export Volume Variation Analysis
4.3.2.1 Monthly Export Volume and Characteristics Analysis
4.3.2.2 2023 Export Influence on China Total Demand
4.4 2024-2028 PA66 Downstream Demand Forecast
4.5 PA66 Demand Slack and Peak Seasons Analysis
4.6 Downstream Customer Procurement Key Factor Analysis
4.7 Operators Operation Risks and Barriers Analysis
Part 5 PA66 Price Trend Analysis
5.1 2019-2023 China PA66 Market Price Analysis
5.1.1 Price Change Characteristics Analysis
5.1.1.1 Major Market Overall Price Trend Characteristics Analysis
5.1.1.2 Price Characteristics Analysis by Region
5.1.1.3 Price Characteristics Analysis by Grades
5.1.2 2023 Price Trend Seasonal Characteristics
5.2 Related Product Price Co-Movement Analysis
5.2.1 PA66 and Feedstock Hexanediamine Prices Co-Movement Analysis
5.2.2 PA66 and Feedstock Adipic Acid Prices Co-Movement Analysis
5.3 PA66 Cost and Profit Analysis
5.3.1 PA66 Cost Structure and Characteristics Analysis
5.3.2 PA66 Profit Change and Influence Analysis
Part 6 PA66 Industry Trend Outlook
6.1 2024-2026 PA66 Price Trend Forecast
6.2 PA66 Market Drivers Future Development Trend Forecast
6.2.1 Macro Environment Influence on PA66 Market
6.2.2 Industry Policies Influence on PA66 Market
6.2.3 2024-2028 China PA66 Supply-Demand Balance Forecast
6.2.4 PA66 Market Competition Pattern Analysis
6.2.4.1 Competition Form Analysis and Forecast
6.2.4.2 Enterprise Operation Trend Traced by SCI
6.2.5 Value Chain Analysis and Forecast
6.2.6 Related Products Prices Co-Movement Forecast
6.3 Major Driving Factors Influence on 2024 Price
Appendix 1 Specialized Study on PA66 Products
Appendix 2 Methodology and Definition
Appendix 3 Distributor List
Appendix 4 Tables, Charts and Enterprise
Legal Statement