Global Nylon Monofilament Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2028. Nylon is a polymer filament that is frequently utilized in the fabric. The significant preference for nylon as the polymer filaments for these textiles is due to its high durability and good corrosion resistance. Nylon Monofilament is a synthetic fibre that is made up of a single, continuous thread. Nylon fishing line is the most well-known monofilament, and it has a broad range of applications. The market is driven by novel applications in the healthcare industry and growing demand for Nylon Monofilament from fishing nets. According to Statista, the volume of global fish production amounted to 174.6 million metric tons in 2020, up from 148.1 million metric tons in 2010. However, with rising demand in the coming years, fish production is predicted to increase in 2022, with production expected to reach 204 million tonnes in 2030. Furthermore, growing applications in the automotive sector and increasing demand for sports equipment, boost the market opportunities in the coming years. However, volatility in raw materials prices impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Nylon Monofilament Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is leading the market share globally and is expected to be the fastest growing region in the forecast years. The demand for nylon monofilament in this area is likely to be driven by increased demand for fishing nets and growing applications in the automotive industry in countries such as China, Japan, and India.
Major market players included in this report are:
ABC Polymer Industries, LLC
Engineered Monofilaments Corporation (EMCO)
Atkins & Pearce
Toray Industries, Inc.
Ruichang Monofilament
Shakespeare Company, LLC
Voith GmbH & Co. KGaA
AstenJohnson
Superfil
Ashley Polymers, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Co-polymer Type:
Nylon 6
Nylon 66
Others (Nylon 610, Nylon 612)
By Application:
Fishing Net
Medical
Automobile Fabrics
Consumer Goods
Braided Ropes
Other Application
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Nylon Monofilament Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors