Press release
Nylon Fibers Market Size To Reach USD 58.91 Billion With CAGR of 4.6% By 2028 Says Reports And Data
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.The Asia Pacific region is expected to retain its dominance in the global market. The market is North America is growing at apace due to the extensive use of nylon fibers in intimate wears, sports wears, swimwear and home décor products. China and India are some of the fastest-growing markets in the world, and the United States and China hold some of the most prominent players in the market.
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Key participants include:
DuPont de Nemours, Inc., BASF SE, Li Peng Enterprise Co. Ltd., Koninklijke DSM N.V., Nylstar SA, Ascend Performance Materials, Reliance Industries Limited, Zig Sheng Industrial Co., Ltd., and Universal Fibers, among others.
Further key findings from the report suggest
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.
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For the purpose of this report, Reports and Data have segmented the global Nylon Fibers Market on the basis of the type, sales channel, form, end-use verticals, and region:
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 (Revenue: USD Billion; Volume: Kilo Tons; 2020-2028)
North America
Europe
Asia Pacific
MEA
Latin America
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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