February 25, 2025 – Robotics Boom Paves the Way for Nylon Material’s Growth
The robotics industry is experiencing a surge in popularity, presenting new opportunities for the development of nylon materials. As robot technology continues to mature and AI undergoes continuous optimization, the robotics sector is entering a phase of significant profit growth. According to the “World Robotics 2024” report released by the International Federation of Robotics, the global stock of industrial robots reached approximately 4.282 million units in 2023, with a 10% annual growth rate. The service robot market is also witnessing sustained expansion. Statista, a statistics website, predicts that the robot market revenue will soar to $46.11 billion in 2024, with service robots taking the lead.
The rapid development of the robotics industry has not only driven the widespread application of robots across various sectors but also fueled a surge in demand for upstream materials and components. Nylon, a standout among engineering plastics, has emerged as an ideal choice for robot materials due to its high mechanical strength, excellent toughness, and outstanding fatigue resistance. According to AsiaMB’s industry insights, nylon comes in various types, including PA6 and PA66, and the nylon industry has a long history of industrialization, with significant advancements in technological processes.
Nylon 6 has achieved sufficient supply in China and is primarily used in nylon fiber and engineering plastic modification. With the continuous increase in downstream demand, the production capacity of nylon 6 is expected to be further utilized, leading to enhanced profitability. Meanwhile, nylon 66, a superior nylon variety, was previously constrained by reliance on imported adiponitrile, resulting in higher prices. However, with Chinese companies advancing the localization of adiponitrile, the price of nylon 66 has declined, and its downstream applications have expanded further.
Notably, the rise of the robotics industry has brought new development opportunities for nylon materials. Robots have a driving effect on upstream materials such as carbon fiber, engineering plastics, and silicon materials. If the demand for robot materials gradually increases, it is likely to accelerate the localization process of nylon 66 and promote the utilization of existing nylon 6 production capacity. Therefore, it is advisable to keep an eye on nylon and upstream material manufacturers to seize this new development opportunity.