Nylon Market Increasing at a phenomenal Pace to Reach USD 4.03 Billion by 2032

Some of the key players in the nylon market are DSM Engineering Plastics, LANXESS, Akro-Plastics GmbH, Ensinger GmbH, Asahi Kasai, SRF Plastics, Evonik Industries, DuPont Inc., DOW, and SABIC, among others. These players are set to bolster the development of the global nylon market.

According to analysts at Zion Market Research, The global nylon market accounted for USD 2.58 Billion in 2023 and is expected to reach USD 4.03 Billion by 2032, growing at a CAGR of 5.1% from 2024 to 2032.

This review is based on a report by Zion Market Research, titled “Nylon Market by Type (Nylon 6, Nylon 66, Nylon 12, Others), Form (filled, and unfilled), by End Use Industry (Food & Beverages, Automotive, Pharmaceutical, Transportation & Logistics, Retail, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 – 2032.”

Consumer Preference Towards Nylon Platforms to Spur Growth

Nylon market growth is driven by the large scale adoption of the product in sectors including automotive, electrical, aerospace, and construction. Growing demand in the weight reduction in vehicles and reduction in fuel consumption, this product has gained quite a good amount of interest in the recent years. Apart from automotive industry, this product is also used in the electrical industry owing to its good dielectric properties. The higher research and development in nylons it has gained quite amount of importance in aerospace industry hence making it more versatile and niche. Furthermore, high thermal resistance, high tensile strength and high rigidity this product has gained a quite amount of interest and will increase in demand in future aspects.

Nylon has been broadly utilized in the automotive compartments to suppress steel parts; attributable to the advantages got from them, for example, lower weight and more adaptability as against conventional metals is huge advantage for the same. A few market members have decidedly reacted to this form by creating oil and heat resistant polymer compounds for a wide exhibit of car producers

Presence of Big Players in The Region Support Asia Pacific Dominance

The Asia pacific held a share of 45% in 2020. This is attributable to the presence of top companies such as BASF, Sabic, and SRF Plastics, among others. Massive demand for the product in the vehicle, electrical, electronics, and industrial sectors will augment the demand of the glass filled nylon market across the Asia Pacific zone. With the rise in the construction activities and flourishing electronics & electrical sectors, the business in the Asia Pacific region is likely to gain traction over the upcoming years. The rapid industrialization witnessed in APAC will also contribute opulently towards the regional market earnings. China is foreseen to be the regional revenue pocket of the Asia Pacific.

Browse the full “Nylon Market By Type (Nylon 6, Nylon 66, Nylon 12, Others), Form (Filled, And Unfilled), By End Use Industry (Food & Beverages, Automotive, Pharmaceutical, Transportation & Logistics, Retail, And Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/nylon-market

The global Nylon market is segmented as follows:

By Type

• Nylon 6
• Nylon 66
• Nylon 12
• Others

By Form

• Filled
• Un Filled

By End Use Industry

• Food & Beverages
• Automotive
• Pharmaceutical
• Transportation & Logistics
• Retail
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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