石化化工交运行业日报第58期：MXD6强度及阻隔性能优异，国产厂商突破壁垒量产在即

Investment Rating - The industry is rated as "Accumulate" [5] Core Viewpoints - MXD6, a type of crystalline polyamide, has excellent strength and barrier properties, with commercial production starting in the 1980s. It offers lower water absorption, superior oxygen barrier capability, and higher thermal deformation and glass transition temperatures compared to Nylon 6, Nylon 66, and PET [1][2] - The MXD6 market is projected to grow from approximately $410 million in 2024 to $760 million by 2033, with a compound annual growth rate (CAGR) of about 7.1% [3] - Domestic suppliers are overcoming technical barriers, with companies like Sinochem International achieving stable polymerization processes and Qicai Chemical entering trial production for a 5,000 tons/year MXD6 project [3][4] Summary by Sections 1. Industry Overview - MXD6 is produced from MXDA and adipic acid, retaining the processability of aliphatic nylon while enhancing gas barrier properties and rigidity [1] - The material is suitable for high gas barrier applications in packaging and can be compounded with glass fibers, carbon fibers, and mineral fillers for engineering plastics [2] 2. Market Dynamics - The global MXD6 market is currently dominated by suppliers such as Mitsubishi Gas Chemical and Solvay, with domestic production expected to ramp up significantly [3] - The market size is expected to reach $410 million in 2024, with a forecasted increase to $760 million by 2033, indicating strong growth potential [3] 3. Investment Recommendations - The report suggests a positive outlook on domestic material companies benefiting from the trend of domestic substitution, particularly in semiconductor and panel materials [4] - It also highlights the potential benefits for companies in the pesticide and fertilizer sectors due to favorable monetary and fiscal policies [4]