Global Nylon ABS Alloys Market: Overview
Nylon ABS alloys are the new generation of modified alloys that
are produced through the injection moldings process. These alloys comprise a
blend of nylon and ABS, in which nylon 6 resin is present as a continuous
matrix phase coupled with ABS as a modifier. The blend of nylon and ABS makes
the alloys highly amorphous and crystalline, which further makes them suitable
for various applications such as consumer products, automotive interiors,
appliance housing, furniture, toys, and sporting goods. Initial attempts to
form nylon ABS alloys met with limited success. However, rise in research
activities to increase compatibility between amorphous ABS and semi-crystalline
nylon by using high-performance compatibilizer has raised demand for nylon ABS
in the recent past. For instance, BASEF SE launched Terblend nylon 6/ABS alloys
in the market in Europe. The alloys have gained popularity in various
applications such as auto-interior parts, safety glasses, 3-D printing
filament, shrouds and handles for components of lawn and garden equipment,
power tools, and soap dispensers. These alloys provide various advantages compared
to counterparts such as relatively low density, high spiral flow, and superior
acoustic performance.
Global Nylon ABS Alloys Market: Key
Segments
Based on grade, the global nylon
ABS alloy market can be classified into KC 216, KC 246, and KC216V15. KC 216 is
the unmodified form of nylon ABS alloy with properties such as easy flow and
short cycling time. KC 246 and KC216V15 are mineral-reinforced grades that
provide extended stiffness, strength, and dimensional stability. In terms of
end-user, the global nylon ABS alloy market can be categorized into automotive,
electrical & electronic, consumer goods, and construction. Increasing
automotive production across globe, technological advancements in resins, and
rise in demand for high-durability and temperature resistant material from
the electrical & electronic industry are expected to boost the demand for
nylon ABS alloys market during the forecast period.
Rise in demand for quality alloys with superior characteristic
properties of nylon such as high heat, chemical, and mechanical resistance and
properties of ABS such as superior colorabiity, low matt finish, etc. from the
automotive industry is driving the nylon ABS alloys market. In addition, other
features such as excellent processability, superior fatigue performance, and
excellent abrasion characteristic are boosting the nylon ABS alloys market.
Compatibility issues between nylon and ABS is a major drawback that may restrain
the market during the forecast period. However, rise in research and
development activities in order to discover a new compatibilizer that is
compatible with nylon as well as ABS is expected to boost the market. For
instance, in 2016, INEOS Styrolution, a leading manufacturer of nylon ABS
alloys, introduced glass-reinforced ABS/nylon alloy for premium agricultural
utility vehicle manufacturers. The alloy offers a high-quality surface with
matte appearance, enhanced dimensional stability, rigidity and high
flowability, and very low moisture absorbance.
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In terms of region, the nylon ABS alloys market can be segmented
into North America, Asia Pacific, Europe, Latin America, and Middle East &
Africa. North America is a leading consumer of nylon ABS alloys, followed by
Europe. Demand for nylon ABS alloys market in the U.S. is expected to rise
significantly during the forecast period, primarily due to rise in emphasis on
metal replacement in various industries such as construction, automotive, and
electrical & electronics. In addition, technological advancements such as 3
D printing filament are likely to provide lucrative opportunities to
manufacturers operating in the U.S. Demand for nylon ABS alloys market in
Europe is expected to be driven by increase in demand from automotive
applications. In Asia Pacific, the nylon ABS alloys market in China, India,
Japan, and South Korea is expected to expand at a significant rate during the
forecast period. This is attributed to expansion in the automotive industry and
increase in FDI in the electrical & electronic industry across China,
India, and ASEAN countries. Latin America and Middle East & Africa are
emerging regions of the market, and expansion of the nylon ABS alloys market in
these regions is likely to be slow compared to mature regions. This is
primarily due to low product awareness and heavy reliance on raw material
imports in these regions.
Global Nylon ABS Alloys Market: Key
Players
Key players operating in the global nylon ABS alloys market are
INEOS Styrolution, Next Polymers Ltd, Toray Industries, Inc., and Formulated
Polymers Limited.
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