blogspots

  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

nylon market share The global market report with a focus on the nylon market predicts steady growth for the market during the forecast period of 2018 to 2023. Market Research Future (MRFR) announced certain estimates in the report by making an assessment of several factors. The study reveals that the nylon segment would substantially rise due to the support from the textile segment. Its cognition in the sports industry is surging, which increases its market operation scope. In the automotive industry, as a major component for tire manufacturing, nylon is getting easy entrance. However, the COVID-19 onslaught may have put some blocks on the growth path. This is due to the struggle of the automotive and construction sectors. Segmentation: By types, the global report on the nylon market has been segmented into Nylon 6,12; Nylon 6,6; Nylon 6; Nylon 4,6; and Nylon 12. The nylon 6,6 segment is witnessing notable traction from end user industries. The market report on nylon has been studied