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All Press Releases for December 21, 2007 »
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Increasing demand for Nylon, consumption in Asia predicted to climb by 3.4% to 2.2 million tons - Reported by www.YnFx.com
Increasing demand for Nylon, consumption in Asia predicted to climb by 3.4% to 2.2 million tons - Reported by www.YnFx.com 
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    /24-7PressRelease/ - MUMBAI, INDIA, December 21, 2007 - Global nylon consumption stood at 3.9 million tons, with more than 45% is consumed by Asia. Due to increasing demand for nylon, consumption in Asia is predicted to climb by 3.4% to 2.2 million tons. In Asia, especially demand from China is increasing as a result of increase in consumption. Consumption in China has increased to 1,032 thousand tons in 2006 as compared to 492 thousand tons in 2000. YnFx.com the leading provider of Textile Market Intelligence is pleased to publish an analyzed report "Nylon Chain Report 2007".

In 2006, global benzene production stood at 39.12 million tons, an increase of 3.5% over previous year whereas its capacity increased by 1.5 million tons to 44.8 million tons. During the same period, about 38.9 million tons of benzene was consumed globally, out of which Asia consumed around 14.7 million tons, holding a share of 40% in total global consumption. North America's consumption, the second largest consumer, declined by 1% in 2006 and amounted to 10.1 million tons

Global caprolactum production amounted to 4.07 million tons in 2006, with more than 40% produced in West Europe and North America (1.8 million tons). Asia, the largest producer of caprolactum, produced around 1.46 million tons making up 36% of the total global production. USA and Benelux are the major producing countries.

The "Nylon Chain Report: 2007" contains 138 pages packed with up-to-date statistics covering the entire value chain starting from benzene, followed by the intermediate (Caprolactum), down to nylon yarn and fibers. The Report consists of tabulations and graphical presentation of trends, statistics of demand and supply in the nylon chain across countries along with an objective analysis of the behavior of individual segments of the value chain. Major investments and capacity shut down have also been briefly captured. In addition to the above, the report also covers times series on production, imports, exports and apparent consumption for the period 1998 to 2006. Processes description, end use and derivatives along with the latest producer-wise capacity are added feature of this report.

To get the complete report and analyzed information on the Nylon chain industry please contact us at sales@ynfx.com or call us at (91) (22) 66291050.

About YnFx.com

YnFx is an online Market Intelligence and Market Development portal for the Yarns and Fibers industry. YnFx provides in-depth reports and statistics on the global Textile Industry including Market Intelligence Reports, Price Trend Analyses and a dynamic trading zone for producers, traders of yarns and fibers globally. YnFx focuses on using online and offline mechanism to bring people closer and deliver maximum value to members. YnFx understands your business needs and builds an environment for textile professionals to conduct business. YnFx.com provides users with highly targeted, easy-to-use interface, utilizing advanced Internet technology. For more information please call - Mini Nair at 91 (22) 66291120 or visit us at http://www.YarnsandFibers.com

YarnsandFibers is an online marketplace for the Textile Industry since 1998. We provide Textile Market Intelligence and Market Development.


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Mini Nair
YarnsandFibers

YNFX
Doulatram Mansion
Mumbai, Maharashtra
India 400001
Voice: 91 22 66291120
Fax: 91 22 22023563
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