Nylon Market size was valued at US $ 29.76 Bn. in 2020 and the total revenue is expected to grow at 11.5 % through 2021 to 2027, the Global Nylon market is reaching nearly US $ 44.16 Bn. in 2027.
Nylon Market Overview:Nylon is a synthetic polymer family that is employed in a variety of industries, including automotive, sports, and others. Melt-processing allows for the creation of films, fibres, and forms from this very versatile polymeric material. The automobile sector has a significant concentration of ownership. Despite the wide diversity of products available due to the huge number of market participants, leading firms such as GM, Toyota, Ford, and Volkswagen control roughly 49% of the market. Bushings, bearings, oil containers, wire harness connectors, fuse boxes, cylinder head coverings, crankcases, and timing belts are all made of nylon. The rapid growth of Europe's automobile industry is primarily to blame for the increase in production. To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Global Nylon Market Dynamics:In recent years, the vehicle sector has experienced strong expansion, particularly in Asia Pacific. Infrastructure development and increasing socio-economic trends are two important reasons that have aided this industry expansion in APAC. Advantageous rules, labour availability, and government initiatives to provide attractive FDI regulations have led to big firms relocating their manufacturing bases to countries like China, India, and Indonesia. Currently, raw materials account for more than 45 % of the total vehicle manufacturing cost. In the vehicle industry, steel and aluminium are the chosen raw materials. Raw material trends, on the other hand, are projected to alter dramatically as a result of strict rules aimed at improving fuel efficiency and keeping CO2 emissions under control. Nylon 6 is used in films and coatings to protect raw materials against corrosion. Automobile manufacturers are expected to employ nylon on a wider scale as a result of the environmental benefits and advantages it provides, which are in line with global emission rules. The threat of alternatives from other goods, such as polypropylene (PP), bio absorbable polymers, para-aramid synthetic fibre, and polyvinylidene fluoride, and their biodegradable nature, is expected to stifle
Global Nylon Market Segments:The Nylon market is sub-segmented into by Product type and Application. Based on Product type, the market is sub-segmented into Nylon 6 and Nylon 6, 6. In 2020, the nylon 6 product segment dominated the market, accounting for more than 56% of global sales. PA 6 is a cost-effective alternative for materials such as steel, bronze, brass, gunmetal, aluminium, plastics, and rubbers due to its unique qualities. These characteristics entice makers of electrical protection devices to employ PA 6 in their products. The use of nylon 6 in a variety of applications over the last few years has demonstrated its dependability, usability, and cost-beneficial economics. The product's outstanding surface polish, especially when reinforced, making it a good choice for applications where aesthetics are vital. The premium carpet sector also has a strong demand for Nylon 6. For its significant nylon-based textile industry, Turkey is one of the top importers of nylon. Consumer inclination for experimenting with different sorts of raw materials is also fuelling explosive expansion in the garment and apparel industry. Nylon 6 textiles are smooth, quick to dry, and require little maintenance. They have low absorbency, which can be beneficial because of quick drying capabilities but also unfavourable because of limited permeability, which makes the fabric feel clammy and uncomfortable in hot, humid weather. Based on Application, the market is sub-segmented into Automotive, Electrical & Electronics, Appliances, Film & Coating Wire & Cable, and Consumer Industrial & Machinery Others. In 2020, the vehicle application category dominated the market, accounting for more than 36% of worldwide sales. Nylon composites are utilised to improve the environmental sustainability of vehicle parts while also reducing their weight. Wheel covers, fuel caps, tailgate handles, doors, front end grilles, and exterior mirrors are all examples of exterior items that utilise them. Due to qualities such as superior mechanical capabilities, wear resistance, and a low cost, nylon composites are predicted to boost demand in the automobile industry.
Global Nylon Market Regional Insights:In 2020, Asia Pacific dominated the global market, accounting for more than 43% of total sales. A primary driver for regional market expansion is the availability of low-cost raw materials and labour, as well as rising consumer spending power. Global corporations are flocking to APAC to build up manufacturing and distribution facilities, boosting the regional market. Electrical and electronics industries are becoming more interested in nylon because plastic parts are more compact and can be easily combined with other components, simplifying the design process. It allows manufacturers to create more intelligent MCBs with smaller walls. Product demand is mostly driven by growing concerns about the size and carbon footprint of electrical gadgets. The objective of the report is to present a comprehensive analysis of the global Nylon market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Nylon market dynamics, structure by analyzing the market segments and projecting the global Nylon market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Nylon market make the report investor’s guide.
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Global Nylon Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 2.23 Bn. Forecast Period 2021 to 2027 CAGR: 7.7% Market Size in 2027: US $ 3.75 Bn. Segments Covered: by Product • Nylon 6 • Nylon6,6 by Application • Automotive • Electrical & Electronics Appliances • Film & Coating Wire & Cable • Consumer • Industrial & Machinery • Others
Global Nylon Market, by Region• North America • Europe • Asia Pacific • The Middle East and Africa • South America
Global Nylon Market key player• BASF SE • DuPoint • Nylon Corporation of America Inc. • Shenma Industrial • DSM • Lanxess AG • Huntsman Corp. • AdvanSix, Inc. • Ube Industries Ltd. • Domo Chemicals • Toray Industries, Inc. • Ashley Polymers, Inc. • Ascend Performance Materials LLC • Toyobo Co. Ltd. • Good fellow Group • Others Frequently Asked Questions: 1) What was the market size of Global Nylon Market markets in 2020? Ans - Global Global Nylon Market was worth US$ 29.76 Bn in 2020. 2) What is the market segment of the Nylon Market? Ans -The market segments are based on Metal and Application. 3) What is the forecast period considered for Global Nylon Market? Ans -The forecast period for Global Nylon Market is 2021 to 2027. 4) What is the market size of Global Nylon Market markets in 2027? Ans – Global Nylon is estimated as worth US$ 44.16 Bn 5) Which region is dominated in Global Nylon Market? Ans -In 2020, the North America region dominated the Global Nylon Market.
1. Global Nylon Market: Research Methodology 2. Global Nylon Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global NYLON Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Nylon Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Nylon Market Segmentation 4.1. Global Nylon Market, by Product type (2020-2027) • Nylon 6 • Nylon6,6 4.2. Global Nylon Market, by Application (2020-2027) • Automotive • Electrical & Electronics Appliances • Film & Coating Wire & Cable • Consumer • Industrial & Machinery • Others 5. North America Nylon Market (2020-2027) 5.1. Nylon Market, by Product type (2020-2027) • Nylon 6 • Nylon6,6 5.2. Nylon Market, by Application (2020-2027) • Automotive • Electrical & Electronics Appliances • Film & Coating Wire & Cable • Consumer • Industrial & Machinery • Others 5.3. North America Farm Equipment Market, by Country (2020-2027) • US • Canada • Mexico 5. European Nylon Market (2020-2027) 5.1. European Nylon Market, by Product type (2020-2027) 5.2. European Nylon Market, by Application (2020-2027) 5.3. European Nylon Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 6. Asia Pacific Nylon Market (2020-2027) 6.1. Asia Pacific Nylon Market, by Product type (2020-2027) 6.2. European Nylon Market, by Application (2020-2027) 6.3. North America Farm Equipment Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Nylon Market (2020-2027) 7.1. Middle East and Africa Nylon Market, by Product type (2020-2027) 7.2. European Nylon Market, by Application (2020-2027) 7.3. North America Farm Equipment Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Nylon Market (2020-2027) 8.1. Latin America Nylon Market, by Product type (2020-2027) 8.2. European Nylon Market, by Application (2020-2027) 8.3. North America Farm Equipment Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. Company Profile: Key players 9.1. BASF SE 9.1.1. Company Overview 9.1.2. Financial Overview 9.1.3. Global Presence 9.1.4. Capacity Portfolio 9.1.5. Business Strategy 9.1.6. Recent Developments 9.2. DuPoint 9.3. Nylon Corporation of America Inc. 9.4. Shenma Industrial 9.5. DSM 9.6. Lanxess AG 9.7. Huntsman Corp. 9.8. AdvanSix, Inc. 9.9. Ube Industries Ltd. 9.10. Domo Chemicals 9.11. Toray Industries, Inc. 9.12. Ashley Polymers, Inc. 9.13. Ascend Performance Materials LLC 9.14. Toyobo Co. Ltd. 9.15. Good fellow Group 9.16. Others