Global Injection Molding Polyamide 6 Market to reach a valuation of US$ 16.0 billion by 2034 | Future Market Insights, Inc. [Yahoo! Finance]
AdvanSix Inc. (ASIX)
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Source: Yahoo! Finance
Automakers prioritize lightweight materials to enhance fuel efficiency and cut emissions, sustaining the dominance of polyamide 6 in this segment NEWARK, Del, March 20, 2024 (GLOBE NEWSWIRE) -- The global injection molding polyamide 6 market is anticipated to reach a valuation of US$ 8.7 billion in 2024, driven by increasing demand for high-performance composites. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.2% between 2024 and 2034, and reaching a total valuation of approximately US$ 16.0 billion by 2034. Polyamide 6 exhibits excellent resistance to chemicals, abrasion, and fatigue, making it suitable for applications exposed to harsh operating environments. Industries such as oil and gas, aerospace, and industrial machinery rely on polyamide 6 components for their resilience and durability, creating avenues for growth in specialized markets requiring high-performance materials. Request for a Sample of this Research Report:
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ASIX
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