This “Nylon Chain Report: 2014” contains more than 118 pages packed with up-to-date ‘not easy to find’ statistics and objective analysis of the trends and recent development of the polyester Industry. It covers the entire nylon value chain beginning from feedstock benzene down to nylon fibre and filaments. The Report presents tabulation and graphical presentation of trends in demand and supply of nylon chain region-wise and country-wise from 2008 to 2013.
YnFx predicts that nylon consumption would touch 4.95 million tons by 2019, growing at an annual rate of 1.6% since 2014. As against this, the capacity will reach 6.13 million tons slightly higher than the current 5.70 million tons. Asia would continue to dominate the global nylon filament market and will be seen consuming almost 70% of the supplies in 2019. Consumption in China would slow-down from over 10.0% between 2000 and 2013 to just 4.1% in the next six years.
In 2013, global caprolactum production capacity reached 5.72 million tons, rising 7.3 per cent over 2011. In 2013, the production capacity in China totaled 1.38 million tons, having added 200,000 ton during the year. World production capacity was mainly concentrated in the Dutch DSM group, Germany’s BASF group, Azot, CPDC and US based Honeywell group. They together, command close to 50% of global capacities.
Global benzene markets remained tight in 2013, supporting margins above their five-year average level. Although margins remained healthy, global operating rates were around 76% with a production of 43 million ton during 2013. Raw material shortage in the US and Europe and poor refinery economics impacted benzene production.