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Nylon Market

Nylon Market Share, Price, Trends, Growth, Analysis, Outlook, Report and Forecast 2023-2028

The ‘Global Nylon Market Size, Share, Price, Analysis Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global nylon market, assessing the market on the basis of its segments like types, applications, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Nylon Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2022): Over USD 31.46 Billion
  • Forecast CAGR (2023-2028): 5.70%

Due to its high tensile strength, excellent abrasion resistance, and enhanced photodegradation resistance, nylon 6 finds wide usage in various industrial applications, including the manufacturing of electronic equipment, machine parts, and metallic devices. The lightweight and impact-resistant properties also make nylon 6 an ideal material for usage in military, industrial, and automotive components, including engines, firearms, and gears, among others.

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In addition to this, nylon 6 is available in transparent grades, has high flex fatigue and impact strength, and can be processed at lower temperatures, which is boosting its usage in applications like heavy-duty fabrics, switchgear, stadium seats, industrial yarn, and machine guards, among others.

Amid the increasing demand for sustainable materials, key players in the nylon market are attempting to develop plant-based nylon-6 for use in different applications ranging from the apparel and automotive sectors.

Nylon Industry Definition and Major Segments

Nylon, variously known as polyamide fibre, refers to synthetic polymers that be easily processed into films, films, and moulded products, among others. It has excellent heat, wear, and chemical resistance properties, and finds extensive usage in diverse end-use sectors, including electronics, coatings, and automotive, among others.

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Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/nylon-market

The market, on the basis of type, is categorised into:

  • Nylon 6
  • Nylon 6,6
  • Others

Based on application, the market is divided into:

  • Automotive
  • Film and Coatings
  • Industrial
  • Consumer
  • Electrical and Electronics
  • Appliances
  • Wire and Cables
  • Others

The major regions in the nylon market include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Nylon Market Trends

The Asia Pacific region accounts for a significant market share due to the rising usage of nylon in automotive applications. Countries like China, India, South Korea, and Japan in the region are home to major automotive manufacturers like Nissan, Hyundai, Tata Motors, and Toyota, among others.

Moreover, rising disposable incomes, the emerging middle-class population, and the surging demand for passenger and commercial cars are bolstering the use of nylon. Governments in the region are also introducing favourable policies to increase indigenous manufacturing activities, hence driving the nylon market demand.

The flourishing construction sector in developing countries like India, Indonesia, and China, among others, is driving the utilisation of nylon in pipes, plumbing fittings, sheets, and tubes, among others. Furthermore, the customisation, durability, flexibility, affordability, and abrasion resistance benefits are expected to boost the use of nylon in 3D printing applications in the coming years.

Key Market Players

The major players in the nylon market report are:

  • BASF SE,
  • E. I. du Pont de Nemours and Company
  • Ascend Performance Materials LLC
  • LANXESS Corporation
  • Koninklijke DSM N.V.
  • Solvay SA
  • Invista
  • Libolon Enterprise Co. Ltd
  • Honeywell International Inc.
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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