CMAI Completes First Edition of 2011 World Nylon Engineering Resins Analysis

HOUSTON, Jan. 12, 2011 /PRNewswire/ -- Chemical Market Associates, Inc. (CMAI) announces the completion of the first edition 2011 World Nylon Engineering Resins Analysis, an annual global study that covers historical trends and future projections for supply, demand, production, capacity, trade, pricing and profitability of the global nylon 6 and nylon 6,6 resin industry for the period 2005 to 2015.  Included with each analysis is 12 months access to CMAI's online capacity and supply/demand databases, with a mid-term supply/demand update that incorporates CMAI's latest market outlook.  The analysis is a necessary resource for business managers and planning professionals who need to make strategic business decisions in a rapidly changing global economic and market environment.

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Market Outlook

The growth of global nylon 6 demand has been shaped in recent years by the movement of finished goods production to China from North America and the other regions, such that Northeast Asia has become the largest nylon 6 consuming region. China introduced a set of economic incentives aimed at stimulating domestic consumer demand for durable goods during the recent recession that succeeded in minimizing the local effects of the global slowdown. Demand growth in China has been much faster than nylon 6 capacity growth, increasing China's reliance on a large volume of imported materials.

Global nylon 6 engineering resin demand is forecast to grow at an average annual rate of close to five percent.  Announced capacity additions fall a little short of the forecasted growth in global demand, causing plant operating rates to rise only modestly over the next five years.

Global nylon 6,6 supply was constrained in 2010 by raw material supply concerns related to butadiene availability and production issues for key intermediates. Several force majeure declarations in Europe and North America impacted the global availability of nylon intermediates and tightened the supply of nylon 6,6. The demand for nylon 6,6 resin in 2010 has been mostly flat, and the gap between demand and capacity is not as large as for nylon 6.

Global nylon 6,6 engineering resin demand is forecasted to grow at an average rate of close to six percent per year over the forecast period. CMAI believes that additional capacity will be needed but will be dependent on the availability of intermediate materials. Adipic acid is readily available, but adiponitrile (ADN) and hexamethylene diamine (HMDA) technology and supply is more challenging.

To find out more about the market issues and CMAI's outlook for this industry, order the 2011 World Nylon Engineering Resins Analysis now at www.cmaiglobal.com. The analysis is presented in book and CD-ROM format, along with access to CMAI's online capacity and supply/demand databases. Updates to the capacity database are available to clients throughout the year as they occur, and a bi-annual update to the supply/demand database provides a fresh view as the markets develop. Clients benefit from the up-to-date market information which is necessary for strategic business decisions.

CMAI is the premier provider of Market, Planning and Business Advisory services offering a unique combination of consulting analytics and expertise for the global chemical, plastics, fibers and chlor-alkali industries. With offices in Houston, New York, London, Dubai, Düsseldorf, Bangkok, Singapore and Shanghai, CMAI has provided expert business advisory services to a broad base of companies across multiple value chains and geographies since 1979.  Clients to CMAI services include chemical and oil companies, technology & EPC companies, law firms, banking and financial institutions, plastic converters, textile & apparel manufacturers, brand-owners, grocers/retailers, government agencies and trading companies.

For more information on the 2011 World Nylon Engineering Resins Analysis, visit CMAI's website at www.cmaiglobal.com or contact:

SOURCE Chemical Market Associates, Inc.

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