Nylon Carpet Fiber Market Will Reach USD 29.02 Billion By 2028
A new report by Reports and Data forecasts that the global nylon carpet fiber market will reach USD 29.02 billion by 2028. Nylon carpet fibers are synthetic fibers made of nylon, and their chemical composition, structures, and properties are modified during manufacturing based on the specific end-uses of the carpets. Nylon carpet fibers account for about 80% of the total carpet fibers used for household usage globally and lead in terms of materials used in the global carpet and rugs market. The continuous growth of the carpets and rugs for numerous end-use verticals is expected to drive the demand throughout the forecast period primarily. The Asia Pacific region is expected to retain its dominance in the global market, with North America following at a fast pace due to the extensive use of nylon carpet fibers in the manufacture of carpet flooring in various end-use verticals.
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The report also highlights that nylon 6 or polycaprolactam is a semi-crystalline polyamide that has six backbone carbons in the repeat unit. Nylon 6 is highly elastic with high tensile strength and is resistant to abrasion and chemicals like acids and alkalis. Nylon generally comes in the white color formation; however, as per the final product requirement, it can be dyed in any other colors.
The report identifies DuPont de Nemours, Inc., BASF SE, Li Peng Enterprise Co. Ltd., Koninklijke DSM N.V., Nylstar SA, Evonik Industries AG, Ascend Performance Materials, Reliance Industries Limited, Zig Sheng Industrial Co., Ltd., and Universal Fibers as some of the key participants in the market.
The global Nylon Carpet Fiber Market is segmented on the basis of the type of nylon, type of fiber, form, end-use verticals, and region. The type of nylon includes Nylon 6, Nylon 6,6, and others. The type of fiber includes staple fiber and bulk continuous filament (BCF). The form includes monofilament and multifilament. The end-use verticals include household usage, commercial and hospitality, automotive interior, hospital and educational, and others. The regions covered in the report include North America, Europe, Asia Pacific, MEA, and Latin America.
Nylon Carpet Fiber Market: Drive Factors
There are several driving factors contributing to the growth of the Nylon Carpet Fiber Market:
1. Growing demand for carpets and rugs in various end-use verticals
2. Nylon carpet fibers are highly durable, strong, resilient, lightweight, and suitable for premium carpet processing
3. Nylon carpet fibers are the most commonly used synthetic fiber in the global carpet & rugs market, accounting for 80% of total carpet fibers used for household usage globally
4. The Asia Pacific region is expected to remain the dominant market due to increasing demand for nylon carpet fiber in the region
5. The North American market is also growing rapidly due to extensive use of nylon carpet fiber in the manufacture of carpet flooring in various end-use verticals
6. Multifilament nylon fiber is witnessing significant demand in North America, contributing to market growth.
Nylon Carpet Fiber Market: Notable Innovation
In the Nylon Carpet Fiber Market, notable innovations include:
1. Development of new types of nylon fibers with improved properties such as stain resistance, easy cleanability, and softness, to meet the growing demand for high-quality carpets and rugs in the residential and commercial sectors.
2. Increasing use of recycled nylon fibers in carpet manufacturing, to meet the growing demand for sustainable products and reduce environmental impact.
3. Advancements in technology and production processes, including ring-opening polymerization and extrusion processes, leading to higher efficiency and productivity, and improved product quality.
4. Growing use of nylon fibers in automotive interiors, due to their superior performance and durability compared to traditional materials, such as wool and cotton.
5. Collaborations and partnerships between key players in the market, leading to the development of new products and technologies, and expanding market reach.
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