Nylon
Engineering Plastic Market Industry Share, Growth, Segments and Forecast – 2031

Nylon
is a strong and stiff engineering plastic with excellent bearing and wear
properties. Nylon is often used to replace metal bushings and bearings by
frequently reducing the need for external lubrications. Besides, it induces
reduction in part weight, reduced wear on mating parts and less operating
noise. Nylon is segmented on the basis of number as 6, and 66 related to its
molecular structure.

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The
global nylon engineering plastic market is anticipated to witness a substantial
growth with 5.8% of CAGR during the forecast period 2024-2031. To propel the
nylon market growth during the estimated period, increasing demand for nylon in
automobile applications is responsible to dominate steady growth among top
players such as Toyota, Ford, Volkswagen etc. 

On the
basis of product type segment, the nylon market is segmented as nylon 6 and
nylon 66. Where nylon 6 product segment registers a steady growth and highest
revenue share in year 2020 and is projected to contribute to the further growth
of the global nylon engineering plastic market. 

Along
with this, the increasing demand for the product from various sectors such as
engineering plastics, electrical & electronics, textile and automotive
industries contribute to the significant factor to drive the growth of the
market globally over the forecast period. In electrical and electronics
applications segment, the production of tubes for various usages induced for
cables and wiring, connectors, circuit breakers and low voltage switch gears
composed nylon as the major component. 

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Market
Coverage

• Segment Covered- 

o             By Type

o             By Application

• Competitive Landscape-
  BASF SE, Domo Chemicals, Asahi Kasei Chemicals Corp., Formosa Plastics
  Group, Zig Sheng Industrial Co. Ltd., SK Capital Partners, INVISTA, Arkema
  S.A., ROYAL DSM N.V, Solvay S.A., SABIC, Lanxess AG, Quadrant AG, Ube
  Industries Ltd., Huntsman Corporation, Honeywell International Inc, Li
  Peng Enterprise Co. Ltd.,Rhodia S.A, Evonik Industries, Radici Group, E.I.
  du pont de Nemours and Company(DuPont).

Key
questions addressed by the report

• What is the market growth
  rate?


• Which segment and region
  dominates the market in base year?


• Which segment and region
  will project fastest growth in the market?


• How COVID-19 impacted the
  market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

• Who is the leader in the
  market?


• How players are addressing
  challenges to sustain growth?


• Where is the investment
  opportunity?

Global
Nylon Engineering Plastic Market Report Segment

By
Product Type

·       
Nylon 6

·       
Nylon 66

By
Application

·       
Automobiles

·       
Electrical and Electronics

·       
Textiles

·       
Others 

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