Global Nylon Market by Type (Nylon 6, Nylon 66, Nylon 610), By Product (Fiber, Resin), By End-User Industry (Automotive, Apparel, Industrial), By Application (Textiles, Coatings, Films and Sheets), By Geographic Scope and Forecast
Report ID: 19466|No. of Pages: 202
Global Nylon Market by Type (Nylon 6, Nylon 66, Nylon 610), By Product (Fiber, Resin), By End-User Industry (Automotive, Apparel, Industrial), By Application (Textiles, Coatings, Films and Sheets), By Geographic Scope and Forecast
Global Nylon Market Size and Forecast
The Global Nylon Market was valued at USD 30.77 Billion in 2024 and is projected to reach USD 45.33 Billion by 2031 growing at a CAGR of 5.95% from 2024 to 2031.
- Nylon is a synthetic polymer made from petrochemicals, known for its strength, durability and flexibility. It is a type of polyamide that can be produced in various forms, including fibers, resins and films and is widely recognized for its versatile properties.
- Nylon is used in a range of applications across multiple industries. It is commonly utilized in textiles for clothing, upholstery and carpets due to its resilience and ease of maintenance. Additionally, nylon’s properties make it suitable for industrial applications, such as in automotive parts, electrical components and packaging materials.
- The future scope of nylon includes advancements in bio-based and recycled materials, driven by increasing environmental concerns. The development of sustainable nylon alternatives and innovations in its applications are expected to enhance its functionality and reduce environmental impact, further expanding its market potential.
Global Nylon Market Dynamics
The key market dynamics that are shaping the global nylon market include:
Key Market Drivers:
- Growing Automotive Industry: The increasing demand for lightweight and durable materials in automotive parts drives nylon use, enhancing vehicle performance and fuel efficiency.
- Rising Consumer Goods Demand: The expanding consumer goods market, including textiles and apparel, boosts nylon demand due to its versatility, durability and aesthetic appeal.
- Technological Advancements: Innovations in nylon manufacturing improve product properties, such as strength and flexibility, increasing its adoption across various industries.
- Growing Focus on Sustainability: Emphasis on eco-friendly materials accelerates the development of recycled and bio-based nylons, addressing environmental concerns and meeting consumer preferences.
Key Challenges:
- Environmental Impact: The production and disposal of traditional nylon contributes to environmental concerns, including pollution and waste, driving the need for more sustainable and eco-friendly alternatives.
- Volatile Raw Material Prices: Fluctuations in the prices of petrochemical raw materials used in nylon production can lead to cost instability, affecting manufacturers’ profitability and pricing strategies.
Key Trends:
- Development of Sustainable Nylon: There is an increasing focus on creating recycled and bio-based nylons to reduce environmental impact and cater to the growing demand for eco-friendly materials.
- Advancements in Manufacturing Technology: Innovations in nylon production technologies, such as enhanced polymerization methods, are improving the material’s properties, leading to broader applications and better performance.
- Expansion in End-use Applications: The use of nylon is growing beyond traditional sectors into new applications like advanced engineering plastics, medical devices and high-performance textiles, driving market growth.
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Global Nylon Market Regional Analysis
Asia-Pacific:
- According to Verified Market Research, Asia-Pacific is expected to dominate the Global Nylon market.
- The Asia-Pacific region benefits from rapid industrialization, boosting the demand for nylon in various applications across multiple sectors.
- Growing manufacturing capabilities in countries like China and India drive significant production and consumption of nylon, enhancing the region’s market dominance.
- The expanding automotive and textile industries in the Asia-Pacific region increase the demand for nylon due to its versatility and durability.
- Economic growth and rising consumer spending in the Asia-Pacific region further drive the demand for nylon-based products, supporting its leading market position.
Latin America:
- According to Verified Market Research, Latin America is the fastest growing region in Global Nylon market.
- The Latin America region is experiencing rapid industrial expansion, boosting the demand for nylon in various manufacturing sectors.
- Rising investments in infrastructure and automotive industries in Latin America drive increasing use of nylon for durable and high-performance applications.
- The growing consumer market and increasing disposable income in Latin America contribute to higher demand for nylon-based products in textiles and consumer goods.
- Government initiatives and trade agreements in Latin America support industrial growth and the adoption of advanced materials like nylon, accelerating market expansion.
Global Nylon Market: Segmentation Analysis
The Global Nylon Market is segmented on the basis of Type, Product, End-User Industry, Application and Geography.
Global Nylon Market, by Type
- Nylon 6
- Nylon 66
- Nylon 610
- Nylon 11
- Nylon 12
- Others
Based on Type, the global nylon market is categorized into nylon 6, nylon 66, nylon 610, nylon 11, nylon 12 and others. Nylon 6 and nylon 66 are the most dominant types due to their widespread use in automotive, textiles and industrial applications. These types offer a balance of strength, durability and cost-effectiveness, making them popular choices for a variety of products. Their extensive application drives significant market share and growth in the nylon industry.
Global Nylon Market, by Product
- Fiber
- Resin
Based on Product, the global nylon market is segmented into fiber and resin. Nylon fiber is the most dominating product type, driven by its extensive use in textiles, apparel and industrial applications due to its strength, durability and versatility. Nylon resin also holds a significant market share, with applications in automotive parts, electronics and packaging. The demand for both products is driven by their unique properties and wide-ranging uses across various industries.
Global Nylon Market, by End-Use Industry
- Automotive
- Apparel
- Industrial
- Electrical & Electronics
- Consumer Goods
- Others
Based on End-user Industry, the global nylon market is categorized into automotive, apparel, industrial, electrical & electronics, consumer goods and others. The automotive industry is the most dominating sector, driven by the increasing need for lightweight and durable materials for components like gears, bearings and fuel tanks. The demand for nylon in automotive applications supports its leading position in the market, while other industries also contribute to its overall growth.
Global Nylon Market, by Application
- Textiles
- Films & Sheets
- Engineering Plastics
- Coatings
- Others
Based on Application, the global nylon market is segmented into textiles, films & sheets, engineering plastics, coatings and others. Engineering plastics are the most dominating application, driven by their use in high-performance components for automotive, aerospace and industrial applications due to their strength and durability. The versatility of nylon in various applications supports its significant market share and ongoing growth across multiple sectors.
Global Nylon Market, by Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Based on Geography, the global nylon market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. The Asia-Pacific region is the most dominating, driven by rapid industrialization, a large manufacturing base and significant demand for nylon in automotive, textiles and consumer goods. The region’s robust production capabilities and growing consumer market contribute to its leading position in the global nylon market.
Key Players
The Global Nylon Market study report will provide valuable insight with an emphasis on the global market. The major players in the Nylon market include DuPont, BASF SE, Lanxess AG, INVISTA, AdvanSix Inc., Huntsman Corporation, Ube Industries Ltd., Domo Chemicals, Toray Industries, Inc., Ascend Performance Materials LLC.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above- mentioned players globally.
Nylon Market Recent Developments
- In March 2023, Fortis3D launched new 3D printing materials, including reinforced polyamide (PA)/nylon filaments, aimed at industrial applications, enhancing the strength of available materials in the marketplace.
- In February 2024, BASF SE announced advancements in its nylon production processes, emphasizing sustainability and efficiency to meet growing demand while addressing environmental concerns associated with traditional nylon manufacturing.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | DuPont, BASF SE, Lanxess AG, INVISTA, AdvanSix Inc., Huntsman Corporation, Ube Industries Ltd., Domo Chemicals, Toray Industries, Inc., Ascend Performance Materials LLC. |
| SEGMENTS COVERED | By Type, By Product, By End-User Industry, By Application and By Geography. |
| Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Frequently Asked Questions
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology
2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights
3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis
4. Nylon Market, By Application
• Automotive
• Textiles
• Packaging
• Electronics
• Consumer Goods
• Industrial
• Others
5. Nylon Market, By Type
• Nylon 6
• Nylon 66
• Bio-based Nylon
• Other Types
6. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
7. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market
8. Competitive Landscape
• Key Players
• Market Share Analysis
9. Company Profiles
• BASF SE
• Invista
• Ascend Performance Materials
• DuPont de Nemours, Inc.
• Radici Group
• Lanxess AG
• Formosa Plastics Corporation
• Toray Industries, Inc.
• DSM Engineering Plastics
• Arkema SA
10. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
11. Appendix
• List of Abbreviations
• Sources and References
Report Research Methodology
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Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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