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Market Synopsis The global nylon market is projected to witness significant growth during the review period, exhibiting a CAGR of 5.47%. The market is expected to reach a value of USD 45,140.1 million by the end of the forecast period (2022–2030). In terms of volume, the market size was 8,541.3 kilotons in 2021 and is projected to reach 12,268.1 kilotons by the end of 2030 exhibiting a CAGR of 4.35%. The prime drivers of the global nylon market include the growing automotive industry. The use of polyamides in components such as air intake manifolds, rocker covers, radiator end tanks, fuel rails, and electrical connectors is increasing. The demand for polyamides in automotive manufacturing can be attributed to their lightweight and high strength properties. Other key driver of the global market is the use of nylon in textile, consumer good, and sports applications. However, the availability of low-cost and similar functioning substitutes in the market is expected to hamper the market gr...

  Nylon Market–Market Overview This is anticipated to fuel the demand for nylon in manufacturing light yet durable parts. Additionally, there is a growing demand for the demand for organic materials which is expected to rise globally due to the rising prices of petrochemical-based raw materials. Bio-based polyamides are a high-quality alternative to substitute petro-based materials. They can be used in automotive, electronics, and sports applications. As a result, it has been projected that in the future the demand of nylon may surge manifolds. Moreover, surging demand for and use of consumer goods and electronic devices is expected to further boost the growth of the market. The nylon market has been estimated to register significant growth on account of the increasing demand of lightweight fuel-efficient vehicles. The primary factors driving the growth of the market are the rising use of lightweight vehicles, growing demand for lightweight, heat-resistant and durable materials in...