According to reports, the demand for polyamide polymers and compounds in China was 511,000 tons in 2007 and is expected to increase to 758,000 tons in 2010. According to a study by AWJ Consulting, a consulting firm headquartered in the United Kingdom, the average growth rate of China's polyamide market in the past three years is 15%/year, and it is predicted that it will continue to grow at a rate of 13.9%/year in the next three years. Last year, China's polyamide market demand, injection molding accounted for 82%, while electrical/electronic products accounted for almost 50% of total demand. Automotive applications account for about 16% of the injection molding market, which is undoubtedly the fastest growing sector, the study said.
Between 2003 and 2006, China’s passenger car production increased by 100%, and it increased by 23% in 2007 alone. The amount of polyamide used per car in cars produced in China will also increase substantially. The current level is 7 to 8 kg, which still lags far behind the use of cars produced in Western countries. According to the report, PA6 imports accounted for about 64% of the 315,000 tons of demand in 2007. Imports of PA66 accounted for a higher proportion of demand. About 86% of the 193,000 tons of demand in the previous year came from imports.