The Nylon High-Tenacity Filament Yarn market in Portugal showed fluctuations from 2013 to 2023, with a slight recovery post-2020 decrease. In 2023, the market stood at 50.541 million Euros, nearly similar to the previous two years, reflecting negligible year-on-year changes of approximately 0.006%. Over the past five years, the market exhibited an average annual variation (CAGR) of -0.14%, indicating a stabilizing trend post the significant 2020 drop.
Looking forward, future trends to watch include technological advancements in manufacturing, increased demand for high-tenacity materials in various applications, and potential market expansion driven by sustainability efforts and innovation in nylon production processes.
