Market Outlook
The global nylon 46 market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa on the basis of regions. The market in Europe is expected to account for major market share, owing to increasing demand for nylon 46 from end-use industries such as automobiles and electronics. Properties such as high chemical resistance, low moisture absorbency, and superior dimensional stability increase demand for nylon 46 for the production of housing and covers, vehicle engine, and electrical components such as switches, jacks, and terminals. The market in Asia Pacific is driven by growing industrial development in emerging economies of China and India. Increasing demand for nylon 46 from the transportation industry is expected to contribute to growth of the market in North America.
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