YnFx Nylon Chain Report 2009 Published

Dec. 10, 2009 - PRLog -- Global caprolactum production dwindled to a 6-year low of less than 4 million tons in 2008. Production has been growing at a slow pace for the last three years with 2008 posting a negative growth.  Over the past 10 years, caprolactum output has risen by a modest 1.7% per annum against 1.1% rate of increase in consumption and similar rate in the capacity. Caprolactam demand has been significantly affected by the economic downturn, especially sales to the auto and textile industries. Sales dropped as much as 40% in the fourth quarter of 2008 due to rapidly falling feedstock prices and downstream destocking.

Current YnFx projection model predicts that nylon consumption would touch 4.70 million tons by 2014. As against this, the capacity will reach 5.9 million tons from the current 5.8 million tons. Thus, the current over capacity situation would recede over the next few years. The key drivers would be engineering plastics while textiles and industrial filament market would continue to decline. Engineering plastics main market will be its increasing use in automobile sector. Countries like China and almost all European countries have made it mandatory to install airbag in all future car production.

You may view the detailed Table of Content of the report here: Report TOC

To get the complete analyzed report on the global Nylon Chain Industry 2008 published in the latest 2009 issue please contact us at sales@ynfx.com or call us at 91 22 66291122

# # #

YnFx is an online Market Intelligence and Market Development portal for the Yarns and Fibers industry - provides in-depth reports, statistics on global Textile Industry - Market Intelligence Reports, Price Trend,dynamic trading zone for producers