Nylon demand growth slowing down in Europe and North America, shifting to China

23-Sep-09
The global trends of the nylon markets reflect slower demand growth shifting toward China and away from Europe and North America. Additionally, other lower cost materials compete with nylon, including polypropylene and polyester. Nylon demand is forecast to track close to global GDP for the long-term, with majority of growth in developing economies where the economics of fiber manufacture and engineered part molding are more favorable. This is reflected in BASF's closure of the nylon 6 plant in Rudolstadt, Germany. BASF’s European nylon 6 production will focus on two existing plants located in Belgium and Germany, where they have better scale and backward integration.
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