Nylon Fibers Market Segments, Demand, Share, Size and Growth by 2027
Nylon fibers belong to the synthetic polymers group known as polyamides. Market Research Future (MRFR) has published and released a research report on the global nylon fiber market that predicts growth for this market between 2016 and 2023. Observing the market structure, this report offers insights about factors affecting the market growth. Measuring the market size and foretelling the revenue, this reports covers and observes the competitive developments of market players that include joint ventures, government regulatory requirements relevant to market, mergers and acquisitions, market trends, new product developments, patents and technologies, research and developments (R&D), and strategic alliances.
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The major factor supporting global market growth for nylon fiber is increased demand by end users. Another important factor in helping the market growth is increasing in demand in the application of nylon fibers in the automotive industry. However, the high competition from polyester, higher prices, lesser wrinkle resistance, and strict government regulations can obstruct the market growth.
The global nylon fiber market has been segmented into application, end users, type, and lastly, region. The application-based segmentation segments this market into air filtration, carpet, clothes, fishing, packaging, and others. As per end users, the market has been segmented into automotive, industrial, textile, and others. By type, the market segmentation covers nylon-4,6; nylon-6; nylon-6,6; nylon-6,9; nylon-6,10; nylon-6,12; nylon-11; nylon-12; and others.
The regional segmentation of the global nylon fiber market segments the global market into regional markets known as Asia Pacific, North America, Europe, and rest of the world (RoW). The Asia Pacific is the biggest regional market in terms of production and supply because it has a huge manufacturing industry for automobile and textile industry. In this region, the demand is growing in India, Japan, and Taiwan, because of which, these countries are robust markets. Another dominant country-specific market in this region is China, followed by the remaining countries of the Asia Pacific region.
North America is a significant regional market due to the presence of various established industries that demand nylon fiber for industrial use. In this region, the major country-specific markets are USA and Canada. During the forecast period, North America can become the largest regional market in terms of demand. Many key market players are based in North America, especially in the USA.
During the forecast period, the European market is expected to exhibit rapid growth in the overall demand for nylon fiber market because Europe has a strong presence of strong automotive industries in the region. In this region, the vital country-specific markets are France, Germany, Italy, the Netherlands, and the UK, followed by the remaining countries of Europe.
The RoW region covers South America and the Middle East & Africa (MEA). In South America, countries like Argentina and Brazil are the strongest economies that have the potential to be great regional markets. MEA region is a small market due to poor countries, low per capita income, lack of awareness, lack of education, lack of advanced technology, and limited production.
Key Players
The key players in the global nylon fiber market include Ascend Performance Materials (USA), Aquafil S.P.A (Italy), E. I. du Pont de Nemours and Company(USA), Fiber Innovation Technology Inc.(USA), Sumitomo Chemical Co. Ltd.(Japan), Toray Industries Inc. (Japan), and UBE Industries Ltd. (Japan).
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Latest Industry News
- Houston-based textiles provider Ascend Performance Materials, is expanding its Greenwood County campus to bolster production of nylon polymer products. 18 DEC 2018
- INVISTA’s CORDURA® brand has introduced its latest innovation in solution-dyed nylon (SDN) 6,6 fiber technology. They have launched it with their mill partner MMI Textiles who are a key supplier and a one-stop shop that supplies elastics, fabric, and webbing and in the textile marketplace for more than 21 years. 18 SEP 2018
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