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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Nylon Market Size
The global nylon market size was around USD 35.15 billion in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 5.7%, to reach nearly USD 57.88 billion by 2032.
Nylon is a strong and elastic polyamide material that can be molten into fibres, bristles, filaments, and sheets, among others. It is a synthetic polyamide and is woven from man-made fibres. It is tough and lightweight, due to which it is extensively used in various end-use industries, such as automotive and electronics, among others.
Nylon was first used commercially in a nylon-bristled toothbrush in 1938, followed by women's stockings ("nylons") in 1940, which became extremely popular. Nylon is known for its high strength, elasticity, and resilience. It is resistant to abrasion and chemicals, has low moisture absorbency, and is easy to wash. These properties make it ideal for a wide range of applications.
It is extensively used in the manufacture of clothing (like hosiery and swimwear), home furnishings, automotive parts, and industrial applications. It's also a common material in ropes, conveyor belts, and parachutes, owing to its strength and durability. There are several types of nylon, each with unique properties. For example, Nylon 6 and Nylon 6,6 are the most common types, with slightly different molecular structures and characteristics.
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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