Investment Rating - The report does not provide a specific investment rating for the polyamide fiber industry [3]. Core Insights - The polyamide fiber industry, also known as nylon, is characterized by high mechanical performance, heat resistance, chemical corrosion resistance, wear resistance, and flame retardancy, making it widely applicable in textiles, aerospace, military, automotive, construction, electronics, and medical fields [4][8]. - The industry is currently in a rapid development phase, driven by technological innovation and industrial upgrades to improve product quality and reduce costs [4][10]. - The market size of the polyamide fiber industry in China was 68.16 billion RMB in 2023, with a projected growth to 100.85 billion RMB by 2028, reflecting a compound annual growth rate of 8.2% [26]. Industry Definition - Polyamide fibers are polymers with amide group repeating structural units, produced through the ring-opening polymerization of lactams [4]. - The industry can be categorized based on molecular structure and fiber length, including types such as nylon 6, nylon 66, nylon 11, and nylon 610 [5][9]. Industry Characteristics - The polyamide fiber industry has high brand barriers, with established companies having stable sales channels and customer resources, making it difficult for new entrants to build brand recognition [8]. - The variety of products and applications is extensive, with nylon 66 accounting for 44% of global demand for polyamide fibers [9]. - The industry is significantly influenced by economic conditions and government policies, particularly regarding environmental standards and sustainable development [10]. Development History - The polyamide fiber industry has evolved through four stages: 1. Emergence (1957-1977): Limited production bases and late development in China. 2. Initiation (1978-1998): Introduction of foreign technology and equipment, but high dependency on imported raw materials. 3. Rapid Growth (1999-2015): Significant advancements in production technology and a decrease in raw material import dependency. 4. Maturity (2016-present): China has become a major producer and consumer of polyamide fibers, focusing on high-performance product development [11][12][15]. Industry Chain Analysis - The upstream of the polyamide fiber industry includes raw materials like caprolactam and energy supplies, while the midstream involves the production of polyamide fibers, and the downstream encompasses various applications [16]. - China has become the largest producer of caprolactam, achieving a production capacity of 5.75 million tons, which accounts for 61% of global capacity [19]. Market Size and Trends - The market size of the polyamide fiber industry in China decreased from 70.7 billion RMB in 2018 to 68.16 billion RMB in 2023, with a compound annual growth rate of -0.7% during this period [26]. - Future growth is expected to be driven by sectors such as aerospace and sportswear, with increasing demand for high-performance materials [27]. Policy Overview - Recent policies aim to enhance the quality and sustainability of the textile industry, promoting the development of high-performance synthetic fibers and biodegradable materials [31][32]. Competitive Landscape - The polyamide fiber industry in China is highly concentrated, with leading companies like Fujian Zhongjin New Materials Co., Ltd. and Hangzhou Polymeric New Materials Co., Ltd. dominating the market [35]. - The competition is intensifying as top companies expand production capacities and invest in advanced technologies to capture high-end market segments [35][36].
聚酰氨纤维 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-03-25 16:00