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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Nylon Market Analysis
The market has been witnessing a consistent growth over the years, driven by increasing demand from various end-use industries. Nylon is widely used in the textile sector for products like clothing, sportswear, and undergarments due to its durability and flexibility. Rapid industrialisation and economic development, especially in emerging economies, further contribute to its demand. The Asia Pacific dominates the market, driven by countries like China and India due to their booming textile and automotive sectors.
Innovations in nylon production and processing technologies are some of the crucial nylon market trends that have expanded its applications. New applications in areas like medical devices and sports equipment are also expected to boost the market expansion.
Nylon Market Report Snapshots
Nylon Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global nylon market attained a value of nearly USD 35.15 billion.
The market is estimated to grow at a CAGR of 5.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 57.88 billion by 2032.
The major drivers guiding the growth of the market include the rising applications of nylon in the automotive industry owing to the growing demand for commercial and passenger vehicles and rapid urbanisation.
Technological advancements and the rising investments in the electronic and electrical industry are expected to augment the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Nylon 6, and nylon 6,6, among others, are the major types of nylon in the market.
The different applications of nylon are automotive, film and coatings, industrial, consumer, electrical and electronics, appliances, and wire and cables, among others.
The major players in the industry 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, and Honeywell International Inc., among others.
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