The Global Market for Nylon is Projected to Reach 10 Million Tons by 2022

High Volume Applications Sustain Growth in the Global Nylon Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Nylon market. The global market for Nylon is projected to reach 10 million tons by 2022, driven by its widespread adoption as the most adaptable engineering thermoplastic, and increasing demand from automotive, textiles and packaging end-use sectors.

Nylon polymer is the product obtained from reacting monomers such as acid/amines, lactams or stoichiometric mixtures of diacids (-COOH) and diamines (-NH2). These mixtures can be polymerized simultaneously to form copolymers. Polymers of Nylon could be mixed with various additives to obtain variations in their properties. Nylon consists of repeating units which are linked by peptide bonds, and referred as polyamide. Since the launch of nylon, it has been influencing lives of people as most of the products from bed sheets, rugs, carpets, and umbrella to alarm clocks, breakfast bowls, toothbrushes are made of nylon. Nylon is just a single substance extracted from a family of similar substances called polyamides. Nylon 6,6, was patented by E.I. du Pont de Nemours & Company (DuPont™), later German chemical giant BASF invented alternates from the same family. Nylon resins offer improved performance properties such as low friction coefficient; higher tensile strength; heat and chemical resistance; and excellent abrasion. Consequently, nylon is extensively employed in engineering plastics with use across various industries, including films for food packaging; industrial components and electronics; automotive industry; as well as recreational, carpeting, fabric and sportswear equipment. The two leading grades of nylon, Nylon 6,6 and Nylon 6, account for majority demand due to heat resistance, premium stiffness and strength.

As economic health begins to align with environmental health, the automotive industry is demonstrating a distinct re-focus on functional and performance materials like engineering plastics capable of reducing automakers’ carbon footprint. Focus on reducing vehicle weight for greater fuel efficiency and lesser environmental impact is spurring the demand for innovative lightweight, yet strong fracture resistant automotive plastics. Fuelling this trend is the tightening of emissions related regulations emphasizing on fuel efficiency, and the ensuing preference for nylon and other engineering plastics materials in the manufacture of vehicles. Lightweight composite nylon resins are finding increased adoption in automotive under-the-hood applications as manufacturers shift towards engineering plastics such as nylon 6 or nylon 66 in attempts to decrease weight, lower costs, and obtain design flexibility in architecture. Tire cord, an engineered material used in tire manufacturing to reinforce the rubber matrix of tires, is the backbone of tire carcass which helps in providing comfort, safety, and stability to vehicles. Despite gradual shift towards polyester and steel tire cords due largely to tire radialization, the demand for nylon tire cord fabric is also growing at a steady rate driven by the use of this material in the production of light and heavy commercial vehicles.

As stated by the new market research report on Nylon, China represents the largest market worldwide. The country ranks as the world’s largest manufacturer of nylon yarn, garments and textiles. The production base of nylon shifted to Japan, Taiwan and South Korea during the 1970s and 1980s from Europe and the U.S. With the reduction in the technological gap between manufacturers in developed countries and the low-cost Chinese producers, nylon production is gradually shifting to China. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 4.4% over the analysis period. Carpet making is one of the largest end-use segments of nylon fabric. In tufted carpets, nylon offers aesthetics, durability, and easy cleaning ability. Nylon is also used in apparel such as lingerie, nightgowns, hosiery, ski wear, swimsuits, tights and leotards because of easy care, shape retention, stretch and strength properties. Nylon has varied industrial uses including parachute fabrics, car interiors, ropes, harnesses etc. Modified nylon fibers, with hand like cotton and enhanced pilling resistance, are used in hunting apparel, uniforms and also mountaineering apparel.

Major players covered in the report include Arkema SA, Asahi Kasei Chemicals Corp., BASF SE, Beaver Manufacturing Co., Inc., DOMO Chemicals NV, E. I. du Pont de Nemours and Company, Evonik Industries AG, Formosa Plastics Group, Honeywell International Inc., Huntsman Corp., INVISTA, Koch Industries Inc., Lanxess AG, Li Heng Chemical Fibre Technologies Ltd., Li Peng Enterprise Co. Ltd., MiniFIBERS Inc., Nexis Fibers AG, Nylstar SA, RadiciGroup, Royal DSM N.V., Shaw Industries Group, Inc., Solvay S.A., Stratasys Ltd., Sumitomo Chemical Co., Ltd., Toray Industries Inc., Ube Industries Ltd., and Zhejiang Jinsheng Holding Group Co. Ltd., among others.

The research report titled “Nylon: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, service innovations and launches, and strategic industry activities of major companies worldwide. The report provides market estimates and projections for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea, Taiwan, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Rest of World. The report also analyses the Nylon market by Product Type - Nylon 6 and Nylon 6,6. 

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