The global market for Nylon is estimated at US$37.4 Billion in 2023 and is projected to reach US$58.2 Billion by 2030, growing at a CAGR of 6.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the nylon market is driven by several factors. The automotive industry`s demand for lightweight, high-performance materials has spurred the adoption of nylon for parts such as air intake manifolds, radiator end tanks, and under-the-hood components. The use of nylon in these applications contributes to overall vehicle weight reduction, which in turn improves fuel efficiency and reduces emissions. This is particularly pertinent as automotive manufacturers strive to meet stringent regulatory standards for fuel economy and emissions. In the textile sector, the increasing popularity of athleisure and performance wear has accelerated the demand for nylon fabrics due to their durability, flexibility, and ability to maintain shape and appearance after repeated use and washing. Consumer behavior trends, such as a growing preference for high-quality, long-lasting products, have also boosted the market for nylon-based goods, as these materials are known for their resilience and longevity. Furthermore, the rise of electric vehicles and renewable energy infrastructure has expanded the market for nylon components used in battery housings, wind turbine blades, and solar panel mounts, where materials must endure harsh environmental conditions and mechanical stresses. Regulatory trends promoting sustainable materials and the development of circular economies have driven the shift towards recyclable and bio-based nylon. Investments in recycling technologies and initiatives to improve the lifecycle management of nylon products are further supporting this transition. Together, these factors paint a comprehensive picture of the dynamic and evolving nylon market, highlighting its significant role in various industries and its potential for future growth driven by technological advancements and changing consumer and regulatory landscapes.
The growth in the nylon market is driven by several factors. The automotive industry`s demand for lightweight, high-performance materials has spurred the adoption of nylon for parts such as air intake manifolds, radiator end tanks, and under-the-hood components. The use of nylon in these applications contributes to overall vehicle weight reduction, which in turn improves fuel efficiency and reduces emissions. This is particularly pertinent as automotive manufacturers strive to meet stringent regulatory standards for fuel economy and emissions. In the textile sector, the increasing popularity of athleisure and performance wear has accelerated the demand for nylon fabrics due to their durability, flexibility, and ability to maintain shape and appearance after repeated use and washing. Consumer behavior trends, such as a growing preference for high-quality, long-lasting products, have also boosted the market for nylon-based goods, as these materials are known for their resilience and longevity. Furthermore, the rise of electric vehicles and renewable energy infrastructure has expanded the market for nylon components used in battery housings, wind turbine blades, and solar panel mounts, where materials must endure harsh environmental conditions and mechanical stresses. Regulatory trends promoting sustainable materials and the development of circular economies have driven the shift towards recyclable and bio-based nylon. Investments in recycling technologies and initiatives to improve the lifecycle management of nylon products are further supporting this transition. Together, these factors paint a comprehensive picture of the dynamic and evolving nylon market, highlighting its significant role in various industries and its potential for future growth driven by technological advancements and changing consumer and regulatory landscapes.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Nylon 6 segment, which is expected to reach US$30.8 Billion by 2030 with a CAGR of a 5.9%. The Nylon 6,6 segment is also set to grow at 7.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $9.8 Billion in 2023, and China, forecasted to grow at an impressive 9.9% CAGR to reach $13.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Nylon Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Nylon Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Nylon Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AdvanSix Inc., Arkema Group, Asahi Kasei Chemicals Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 98 Featured):
- AdvanSix Inc.
- Arkema Group
- Asahi Kasei Chemicals Corporation
- BASF SE
- Beaver Manufacturing Co., Inc.
- DOMO Chemicals
- Dow Inc.
- Evonik Industries AG
- Formosa Plastics Group
- Huntsman Corporation
- INVISTA
- Koch Industries Inc.
- Lanxess AG
- Li Heng Chemical Fibre Technologies Limited
- Li Peng Enterprise Co. Ltd.
- MiniFIBERS Inc.
- Nexis Fibers AG
- Nylstar SA
- Royal DSM N.V.
- Sumitomo Chemical Co., Ltd.
- Toray Industries Inc.
- Ube Industries Ltd.
- Zhejiang Jinsheng Holding Group Co. Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- AdvanSix Inc.
- Arkema Group
- Asahi Kasei Chemicals Corporation
- BASF SE
- Beaver Manufacturing Co., Inc.
- DOMO Chemicals
- Dow Inc.
- Evonik Industries AG
- Formosa Plastics Group
- Huntsman Corporation
- INVISTA
- Koch Industries Inc.
- Lanxess AG
- Li Heng Chemical Fibre Technologies Limited
- Li Peng Enterprise Co. Ltd.
- MiniFIBERS Inc.
- Nexis Fibers AG
- Nylstar SA
- Royal DSM N.V.
- Sumitomo Chemical Co., Ltd.
- Toray Industries Inc.
- Ube Industries Ltd.
- Zhejiang Jinsheng Holding Group Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 301 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 37.4 Billion |
Forecasted Market Value ( USD | $ 58.2 Billion |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |