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Nylon market Growth at a CAGR of 7.8% from 2021 to 2030

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The global Nylon market size is expected to reach USD 50.31 billion by 2030, registering a CAGR of 7.8% over the forecast period 2021 – 2030.

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Growth Factors

 Increasing demand for nylon from automobile applications is expected to propel the market growth during the forecast period. The automobile industry is highly concentrated. Even though the product range is high owing to a large number of market participants, around 49% of the market is dominated by top players including GM, Toyota, Ford, and Volkswagen. Nylon is used in engine components, such as bushings, oil containers, wire harness connectors, fuse boxes, cylinder head covers, crankcases, and timing belts. The rise in production can mainly be attributed to the rapid growth of the automotive industry of Europe.

Report Coverage

Report Scope Details
Market Size USD 50.31 billion by 2030
Growth Rate CAGR of 7.8% From 2021 to 2030
Base Year 2021
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned BASF SE; Lanxess AG; Huntsman Corp.; AdvanSix, Inc.; Ube Industries Ltd.; Domo Chemicals; Toray Industries, Inc.; Ashley Polymers, Inc.; Ascend Performance Materials LLC; Toyobo Co. Ltd.; Goodfellow Group

Report Highlights

The nylon 6 product segment led the market in 2020 dominating for more than 57% share of the global revenue. The unique properties of PA 6 make the product a cost-effective substitute for materials, such as steel, bronze, brass, gunmetal, aluminum, plastics, and rubbers. These properties attract electrical protection device manufacturers to use PA 6 in their products. The use of nylon 6 in various applications over the past few years has established its reliability, utility, and supportive economics on the basis of cost and performance.

Nylon 6 also attracts substantial demand from the premium carpet industry. Turkey is one of the largest importers of nylon for its extensive nylon-based textile industry. The clothing and apparel industries are also witnessing staggering growth owing to consumer preference for experimenting with different types of raw materials. Nylon 6 fabrics are smooth, dry quickly, and require minimal care.

Nylon 6 also attracts substantial demand from the premium carpet industry. Turkey is one of the largest importers of nylon for its extensive nylon-based textile industry. The clothing and apparel industries are also witnessing staggering growth owing to consumer preference for experimenting with different types of raw materials. Nylon 6 fabrics are smooth, dry quickly, and require minimal care.

The product has been extensively used in the automotive engine compartments to replace steel parts, owing to the benefits derived from them, such as lower weight and greater design flexibility as against traditional metals. The trend of engine downsizing has been prevailing in the automotive industry for a long time and can be attributed to the ability of small-cylinder capacity engines to toggle between the air charge temperatures.

Asia Pacific dominated the global market in 2020 and dominated for over 45% share of the overall revenue. The availability of low-cost raw materials and labor coupled with the increased consumer spending power is a major driver for the regional market growth.

Nylon is gaining attention from electrical & electronics manufacturers as plastic parts are more compact and can be easily integrated with other components, thus simplifying the design procedure.

Key Players

  • BASF SE
  • Lanxess AG
  • Huntsman Corp.
  • AdvanSix, Inc.
  • Ube Industries Ltd.
  • Domo Chemicals
  • Toray Industries, Inc.
  • Ashley Polymers, Inc.
  • Ascend Performance Materials LLC
  • Toyobo Co. Ltd.
  • Goodfellow Group

Market Segmentation

  • Product
    • Nylon 6
    • Nylon 66
  • Application
    • Automobile
    • Electrical & Electronics
    • Engineering Plastics
    • Textiles
    • Others
  • Regional
    • North America
      • U.S.
    • Europe
      • Germany
      • France
      • U.K.
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • Central & South America
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Nylon Market, By Product

7.1.  Nylon Market, by Product, 2021-2030

7.1.1.    Nylon 6

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Nylon 66

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Nylon Market, By Application

8.1.  Nylon Market, by Application, 2021-2030

8.1.1.    Automobile

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Electrical & Electronics

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Engineering Plastics

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Textiles

8.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Nylon Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              BASF SE

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Lanxess AG

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Huntsman Corp.

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              AdvanSix, Inc.

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Ube Industries Ltd.

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Domo Chemicals

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Toray Industries, Inc.

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Ashley Polymers, Inc.

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Ascend Performance Materials LLC

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Toyobo Co. Ltd.

10.10.1.               Company Overview

10.10.2.               Product Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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