EBSCN·2025-05-09 13:30Investment Rating - The report maintains an "Increase" rating for the industry, indicating a positive outlook for investment opportunities in the sector [6]. Core Insights - MXD6, a high-performance engineering plastic, is primarily used in lightweight applications for automobiles and drones, as well as in barrier packaging materials. Its properties include high strength, rigidity, heat resistance, wear resistance, aging resistance, chemical resistance, flame retardancy, and high barrier performance [1][10]. - The global market for MXD6 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%. In the automotive sector, the market size is expected to increase from $132 million in 2023 to $225 million by 2033 [2][15]. - Major global suppliers of MXD6 include Mitsubishi Gas Chemical and Solvay, while domestic companies like Sinochem International and Qicai Chemical are breaking through technical barriers and ramping up production [3][16]. Summary by Sections Market Overview - The MXD6 market is expected to see significant growth due to the rising demand for lightweight materials in emerging industries such as low-altitude economy and robotics [2][15]. - The production capacity of MXD6 is estimated to be around 30,000 to 40,000 tons globally in 2024 [15]. Supplier Landscape - Mitsubishi Gas Chemical has a production capacity of 19,000 tons/year, while Solvay has 8,000 tons/year. Domestic players are also making strides, with Sinochem International developing high-performance engineering plastics and Qicai Chemical entering trial production for a 5,000 tons/year MXD6 project [3][16]. Applications - MXD6 is utilized in packaging materials due to its superior gas barrier properties, effectively preventing oxygen permeation and carbon dioxide loss. It can be co-extruded or co-injected with materials like PET, PP, and PE to create multi-layer films, sheets, and bottles [1][13]. - In plastic modification, MXD6 can be compounded with glass fibers, carbon fibers, and mineral fillers to produce enhanced materials suitable for high-quality structural components in automotive and electronic applications [1][13].