- Nylon 6
- Nylon 6,6
- Nylon 11 and 12
- Others
Nylon Market size was valued at USD 34,357.9 million in 2023 and projected to reach USD 54,585.1 million by 2030 is poised to grow at 6.6% CAGR from 2024-2030. The increased demand for nylon in automotive applications is expected to drive the market over the forecast period. The auto business is heavily consolidated. Despite the wide product range due to the vast number of market participants, leading firms such as GM, Toyota, Ford, and Volkswagen account for around 49% of the market share. Nylon is utilized in many engine components, including bushings, bearings, oil containers, wire harness connectors, fuse boxes, cylinder head coverings, crankcases, and timing belts. Furthermore, nylon's ease of dyeing and molding has resulted in its widespread use in consumer and industrial applications around the world.
Nylon Market Key Developments:
- In April 2023, Microwave Chemical and Asahi Kasei have initiated a demonstration project to commercialize the chemical recycling process for nylon 66 utilizing microwave technology.
- In April 2023, Kordsa, a tire and nylon manufacturing company, announced plans to invest USD 50 million in expanding its nylon production at its Chattanooga site.
Nylon Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.6%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Nylon Market Dynamics
One of the primary causes is the industry's continued emphasis on light weighting to improve fuel efficiency and minimize emissions. Nylon, as a lightweight and durable material, is an appealing alternative to metals in different aircraft components. Aircraft makers can save significant weight by replacing heavy materials with nylon composites or tailored polymers that maintain structural integrity and performance. This helps to save fuel during aircraft operations, which eventually lowers airline operating costs and improves environmental sustainability.
Furthermore, nylon's versatility and ability to be molded into different shapes make it ideal for producing aerospace components with complicated geometries. Advanced manufacturing techniques, such as injection molding and additive printing, enable the creation of lightweight yet durable parts with specific qualities. In addition, nylon packaging materials offer a printable surface for branding, marketing, and product information demands. However, nylon manufacture is strongly dependent on the availability and cost of its raw materials, particularly adipic acid and hexamethylene diamine. Any fluctuations in the prices or availability of these materials have a substantial impact on the nylon market. Furthermore, the procurement of these raw resources may be subject to geopolitical risks, trade restrictions, or environmental rules, complicating the supply chain.
Asia-Pacific Got Significant Share
Nylon Market Regional Analysis
Based on regions, the Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Asia-Pacific dominates the Nylon Market due to the increased demand of growing population and middle class have resulted in increased consumer expenditure on items such as clothing, home furnishings, and automobiles, all of which often use nylon. Additionally, Asia-Pacific's thriving industrial sector, particularly in China, Japan, and South Korea, fuels demand for nylon in a variety of applications such as machinery parts, electrical components, and packaging materials. Furthermore, continuing infrastructure development initiatives in the region drive up demand for nylon-based items such pipes, cables, and construction materials, which promotes growth across Asia-Pacific sectors.
Latin America
Europe
Asia Pacific
Middle East
North America
Nylon Market Segmentation
By Type
By End User
- Electrical and Electronics
- Aerospace
- Textile
- Packaging
- Others
Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The Nylon Market was valued at USD 34,357.9 million in 2023 and is projected to reach USD 54,585.1 million by 2030, growing at a CAGR of 6.85%.
One of the most significant causes is the industry's continued emphasis on light weighting to improve fuel efficiency and minimize emissions.
Due to increased research and development, nylons have become more vital in the aerospace industry, increasing their versatility and niche market.
Market research is segmented based on type, end user, and region
Asia-Pacific is estimated to dominate with the highest CAGR over the forecast period.
Key Features of the Reports
- The nylon market report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
- The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
| 1.Executive Summary |
| 2.Global Nylon Market Introduction |
| 2.1.Global Nylon Market - Taxonomy |
| 2.2.Global Nylon Market - Definitions |
| 2.2.1.Type |
| 2.2.2.End User |
| 2.2.3.Region |
| 3.Global Nylon Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Nylon Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Nylon Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Nylon 6 |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Nylon 6,6 |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Nylon 11 and 12 |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Nylon Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Electrical and Electronics |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Aerospace |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Textile |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Packaging |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global Nylon Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Nylon Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Nylon 6 |
| 8.1.2.Nylon 6,6 |
| 8.1.3.Nylon 11 and 12 |
| 8.1.4.Others |
| 8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Electrical and Electronics |
| 8.2.2.Aerospace |
| 8.2.3.Textile |
| 8.2.4.Packaging |
| 8.2.5.Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Nylon Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Nylon 6 |
| 9.1.2.Nylon 6,6 |
| 9.1.3.Nylon 11 and 12 |
| 9.1.4.Others |
| 9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Electrical and Electronics |
| 9.2.2.Aerospace |
| 9.2.3.Textile |
| 9.2.4.Packaging |
| 9.2.5.Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 10.Asia Pacific (APAC) Nylon Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Nylon 6 |
| 10.1.2.Nylon 6,6 |
| 10.1.3.Nylon 11 and 12 |
| 10.1.4.Others |
| 10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Electrical and Electronics |
| 10.2.2.Aerospace |
| 10.2.3.Textile |
| 10.2.4.Packaging |
| 10.2.5.Others |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Nylon Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Nylon 6 |
| 11.1.2.Nylon 6,6 |
| 11.1.3.Nylon 11 and 12 |
| 11.1.4.Others |
| 11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Electrical and Electronics |
| 11.2.2.Aerospace |
| 11.2.3.Textile |
| 11.2.4.Packaging |
| 11.2.5.Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Nylon Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Nylon 6 |
| 12.1.2.Nylon 6,6 |
| 12.1.3.Nylon 11 and 12 |
| 12.1.4.Others |
| 12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Electrical and Electronics |
| 12.2.2.Aerospace |
| 12.2.3.Textile |
| 12.2.4.Packaging |
| 12.2.5.Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Nylon Corporation of America, Inc. |
| 13.2.2.Ascend |
| 13.2.3.Domo Chemicals |
| 13.2.4.Invista |
| 13.2.5.Formosa Group |
| 13.2.6.Lanxess AG |
| 13.2.7.DuPont |
| 13.2.8.BASF |
| 13.2.9.Huntsman International LLC |
| 13.2.10.AdvanSix |
| 13.2.11.Ashley Polymers, Inc |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Nylon Corporation of America, Inc.
- Ascend
- Domo Chemicals
- Invista
- Formosa Group
- Lanxess AG
- DuPont
- BASF
- Huntsman International LLC
- AdvanSix
- Ashley Polymers, Inc