Nylon Fibers Market Size – USD 41.15 Billion in 2020, Growth - CAGR of 4.6%, Trends – Increase in demand for Nylon Fibers in the manufacture of carpets, ropes, intimate wear, sportswear, swimwear, backpacks, and military applications.

The Global Nylon Fibers Market is forecast to reach USD 58.91 Billion by 2028, according to a new report by Reports and Data. Nylon belongs to the family of aliphatic or semi-aromatic based synthetic polymers, known as polyamides. Some polyamides are commercialized using the name Nylons as the polyamides can be artificially made through the solid-growth synthesis process of Nylon yielding material. Nylon is a silk-textured, synthetic thermoplastic material which can be changed into the shape of fibers and films. Nylon Fibers are synthetic fiber made of nylon, and the chemical composition, structures, and properties are modified during the manufacturing based on particular end-uses. The continuous growth of the apparel industry, ropes, cordage, home textile materials, carpets, rugs, tire cords, narrow woven materials, backpacks, swimwear, and trekking wear, to name a few are expected to drive the demand throughout the forecast period primarily.

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Top Companies: 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, among others.

Further Key Finding from the Report Suggestion:

  • Nylon 6 or polycaprolactam is a semi-crystalline polyamides and has six backbone carbons in the repeat unit. Nylon 6 is formed by the process called ring-opening polymerization, unlike the other nylons which are manufactured by polymer condensation. Nylon 6 is highly elastic with high tensile strength, resistant to abrasion and chemicals like acids & alkalis. Nylon generally comes in the white color formation; however, as per the final product requirement, it can be dyed in any other colors. Nylon 6 is used in bristles of toothbrushes, musical instruments, knitted garments, hosiery, and automotive applications in gears, bearings, and others.
  • In June 2020, Universal Fibers, Inc., a major player in the nylon fibers production, updated the acquisition of twisting and heat-setting assets for its production Europe and Asian production facilities situated in Gorzow, Poland and Taicang, China. Both plants in the two different continents are fully integrated with all the procedures right from extrusion to finished yarns in multiple chemistries, including Nylon 6 and Nylon 6,6, and serve carpet manufactures deal in residential, commercial and automotive end-uses.
  • North America is forecasted to witness significant growth in the overall market due to its increasing demand for staple nylon fiber, having grown at a CAGR of 4.5% during the forecast period. US possesses the highest market share in this region and some of the vital players of the market.

Market Overview:

Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.

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The global Nylon Fibers market is segmented into:

Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

  • Nylon 6
  • Nylon 6,6
  • Nylon 6,10
  • Nylon 6,12
  • Others

Sales Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

  • Online Retailing
  • Offline Retailing

Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

  • Textile Fiber
  • Staple Fiber

End-Use Verticals Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)

  • Textile & Fabric Industries
  • Industrial Fibers
  • Consumer Products
  • Thermoplastic Products
  • Others

Regional Outlook:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

  • What are the dominating factors that are influencing the growth of the industry?
  • In the forecast period, which market segment is expected to rise the most?
  • What are the risks and challenges that the industry is facing?
  • In the coming years, which area is projected to dominate the market?
  • Who are the major players in the market?
  • What kind of strategic business plans have they made?

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