1. Market Research
  2. > Materials
  3. > Plastic Market Trends
  4. > Nylon Monofilament Market Analysis By Product (Nylon 6, Nylon 66), By Application (Fishing Net, Medical, Automotive, Consumer Goods) And Segment Forecasts To 2020

Nylon Monofilament Market Analysis By Product (Nylon 6, Nylon 66), By Application (Fishing Net, Medical, Automotive, Consumer Goods) And Segment Forecasts To 2020

  • May 2016
  • -
  • Grand View Research
  • -
  • 74 pages

Summary

Table of Contents

The global nylon monofilaments market is expected to reach USD 1.89 billion by 2020. Growth of key end-use industries such as automotive, fishing and consumer good in Asia Pacific and Latin America is expected to remain a key driving factor for the global nylon monofilament market. Growing nylon monofilament application development in medical industry is also expected to have a positive impact on the market growth over the forecast period. Threat of substitute from other polymers such as PVDF and polypropylene is expected to remain a key challenge for market participants over the next six years.

Nylon 6 and nylon 66 commanded a major share in the global market. Together, they accounted for over 85% of total market volume in 2013. Nylon 6 is expected to witness the highest growth of 5.3% from 2014 to 2020. Global demand for nylon 66 based monofilaments is expected to exceed a market worth USD 850 million by 2020.

Further key findings from the study suggest:

Global nylon monofilament market demand was 337 kilo tons in 2013 and is expected to reach 476.4 kilo tons, growing at a CAGR of 5.2% from 2014 to 2020.
Consumer goods were the largest application segment and accounted for 29.9% of total consumption in 2013. Increasing nylon monofilament demand for manufacturing sports equipment is expected to drive this segment. Medical is expected to witness the highest growth rate of 5.8% from 2014 to 2020. Development of novel applications in medical industry is expected to spur growth for this segment over the forecast period.
Asia Pacific emerged as the leading regional market and accounted for 64.1% of total market volume in 2013. Asia Pacific is expected to maintain its lead position in the global market over the forecast period. Growth of fishing and automotive industries in China, India and Indonesia is expected to drive the regional market. Central & South America is expected to witness the highest growth of 5.4% from 2014 to 2020. Positive outlook on regional automotive industry and growing healthcare expenditure particularly in Brazil and Argentina is expected to spur growth in the region.
Major industry participants have been focusing to develop environmental friendly and superior nylon monofilaments. Key companies have also been developing proprietary products to cater to specific end-use markets. Some major companies operating in the global market include Hinafil India Ltd., Ashley Polymers Inc., Engineered Monofilaments Corporation, Superfil Products Ltd., Toray Monofilament Co. Ltd., Perlon Monofil GmbH, Wenzhou Ruichang Special Monofilament Factory, Luftkin Enterprise Co. and Ningbo Judin Special Monofilament Co. Ltd.
For the purpose of this study, Grand View Research has segmented the nylon monofilament market on the basis of product, application and region:

Global Nylon Monofilament Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)

Nylon 6
Nylon 66
Others
Global Nylon Monofilament Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

Fishing Nets
Medical
Automotive
Consumer Goods
Others
Global Nylon Monofilament Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2020)

North America
U.S
Mexico
Canada
Europe
Germany
France
Italy
Asia Pacific
China
India
Japan
Central & South America
Middle East and Africa

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Long Chain Dicarboxylic Acid Market Analysis By Application (Nylon & Other Polyamides, Powder Coatings, Lubricants, Adhesives, Pharmaceuticals, Corrosion Inhibitors), By Region And Segment Forecasts, 2013 - 2025

Long Chain Dicarboxylic Acid Market Analysis By Application (Nylon & Other Polyamides, Powder Coatings, Lubricants, Adhesives, Pharmaceuticals, Corrosion Inhibitors), By Region And Segment Forecasts, 2013 - 2025

  • $ 4950
  • Industry report
  • December 2016
  • by Grand View Research

The global long chain dicarboxylic acid market is expected to reach USD 300.3 million by 2025, according to a new report by Grand View Research, Inc. Rising product use as LCDA applications such as nylon ...

Global Caprolactam Market - Segmented by Raw Material, End Product, Application, End-user Industry, and Geography - Trends and Forecasts (2017 - 2022)

Global Caprolactam Market - Segmented by Raw Material, End Product, Application, End-user Industry, and Geography - Trends and Forecasts (2017 - 2022)

  • $ 4250
  • Industry report
  • February 2017
  • by Mordor Intelligence LLP

The global caprolactam market has been estimated at USD XX Billion in 2015  and is projected to reach USD XX billion by 2020, at a CAGR of XX% during the forecast period from 2015 to 2020. The conventional ...

Global Nylon Resins Market - Segmented by Product Type, End-user Industry and Geography - Trends and Forecasts (2017 - 2022)

Global Nylon Resins Market - Segmented by Product Type, End-user Industry and Geography - Trends and Forecasts (2017 - 2022)

  • $ 4250
  • Industry report
  • January 2017
  • by Mordor Intelligence LLP

The global nylon resins market was valued at USD XX billion in 2016 and is projected to reach USD XX billion by 2021, at a CAGR of XX% during the forecast period from 2016 to 2021. Nylon 6 and nylon 66 ...

Nylon Markets In China

February 2017 $ 4000

Caprolactam Markets In China

March 2017 $ 4000

Adipic Acid Markets In China

April 2017 $ 4000

Cyclohexanone Markets In China

April 2017 $ 4000

Nylon Companies In China

February 2017 $ 1800

Caprolactam Companies In China

March 2017 $ 1800

Download Unlimited Documents from Trusted Public Sources

Nylon Industry in China

  • April 2017
    6 pages
  • Nylon  

    Chemical  

  • China  

    Asia  

View report >

Global Thermoplastic Forecast

  • March 2017
    4 pages
  • Thermoplastic  

  • World  

    Europe  

    Asia  

View report >

Nylon Industry in China

  • March 2017
    6 pages
  • Nylon  

    Chemical  

  • China  

    Asia  

View report >

Related Market Segments :

Nylon

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.