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China emerged as the major supplier of nylon staple fibre in 2011

China emerged as the major supplier of nylon staple fibre in 2011 Source:
Date: 21-02-2013
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In 2011, the world caprolactam production capacity was at 4.98 million tons, rising just 0.5% over 2010. World production capacity was mainly concentrated in Germany’s BASF, the Dutch DSM, US Honeywell, Ube Industries, Japan, China Taiwan oil development, China Petroleum and Chemical Corporation and Korea Capro other companies.
Nylon accounts forms the second most important man made textiles after polyester. In 2011, production volume declined 3% following the over 10% decline in the crisis ridden 2008. Production which had crossed 4 million tons in 2006 fell to a low of 3.7 million tons in 2009 post the global recession of 2008.
The growth of global nylon 6 demand has been shaped in recent years by the movement of finished goods production to China from North America and the other regions, such that Northeast Asia has become the largest nylon 6 consuming region. China introduced a set of economic incentives aimed at stimulating domestic consumer demand for durable goods during the recent recession that succeeded in minimizing the local effects of the global slowdown. Demand growth in China has been much faster than nylon 6 capacity growth, increasing China's reliance on a large volume of imported materials.
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