Nylon Market is predicted to reach USD 55.35 billion at a CAGR of 5.47% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Nylon Market” that contains information from 2022 to 2032. The Global Nylon Market is estimated to register a CAGR of 5.47% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the Global Nylon Market— Ascend Performance Materials, Nylon Corporation of America Inc. (NYCOA), Laxness, Domo Chemicals, Radici Partecipazioni SpA, Evonik, Toray Industries, Libolon, TOYOBO CO LTD, DuPont, and LyondellBasell Industries N.V.


Market Highlights


The Global Nylon Market is accounted to register a CAGR of 5.47% during the forecast period and is estimated to reach USD 55.35 Billion by 2030.


The global nylon market refers to the worldwide industry involved in the production, distribution, and consumption of nylon-based materials. Nylon is a synthetic polymer known for its high durability, strength, and versatility, making it widely used in various applications across different sectors.


The global nylon market is influenced by factors such as technological advancements in polymerization processes, shifts in consumer preferences, changes in regulations, and developments in end-use industries. The market's growth and dynamics can be affected by factors like raw material availability, environmental concerns, pricing trends, and innovations in nylon production and applications.


Segment Analysis


The Global Nylon Market has been segmented based on type and application.


On the basis of type, the market is segmented into Nylon 6 (Resin & Fiber) and Nylon 6,6 (Resin & Fiber). Nylon 6 fibers dominate the global market due to their strong adoption in the textile industry. Due to its high mechanical strength, toughness, and wear resistance, it is used to manufacture webbing products such as dog leashes, safety belts, luggage straps, sports goods, and others.


Based on application, the market has been segmented into Automotive, Electrical & Electronics, Appliances, Film & Coating, Wire & Cable and Consumer. The demand for plastics is continuously increasing in the automotive industry to optimize fuel efficiency and reduce vehicle weight. With the increasing sales of electric vehicles and the establishment of proper electric vehicle infrastructure, engineering plastics are expected to play a major role.


Regional Analysis


The Global Nylon Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Nylon Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Nylon Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Nylon Market comprises of Middle East, Africa, and Latin America.


North America, including the United States and Canada, had a well-established nylon market. The region had a history of innovation in polymer science and engineering, leading to the development of various nylon-based products. The automotive and electronics industries were major consumers of nylon materials for components and parts.


Europe had a mature nylon market with a focus on high-quality engineering plastics and textiles. The region also had growing interest in sustainable practices and circular economy models, influencing nylon production and consumption.


Asia-Pacific was a significant hub for the production and consumption of nylon materials. The region's rapid industrialization, growing population, and emerging middle class led to increased demand for nylon-based products, such as textiles, automotive components, and consumer goods.


Furthermore, the rest of the world's Global Nylon Market is divided into the Middle East, Africa, and Latin America. Latin America exhibited varying degrees of nylon market development across its countries. Brazil, Mexico, and Argentina had growing industries that utilized nylon for automotive, consumer goods, and textile applications.


Key Findings of the Study



  • The Global Nylon Market is expected to reach USD 55.35 Billion by 2030, at a CAGR of 5.47% during the forecast period.

  • Asia-Pacific was a significant hub for the production and consumption of nylon materials. The region's rapid industrialization, growing population, and emerging middle class led to increased demand for nylon-based products, such as textiles, automotive components, and consumer goods.

  • Based on application, the market has been segmented into Automotive to holding the largest market in 2022.

  • Ascend Performance Materials, Nylon Corporation of America Inc. (NYCOA), Laxness, Domo Chemicals, Radici Partecipazioni SpA, Evonik, Toray Industries, Libolon, TOYOBO CO LTD, DuPont, and LyondellBasell Industries N.V.


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Pages 115
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