Nylon Industrial Filament Market to Worth USD 19.22 Billion at a CAGR 8.7% By 2027 | Reports and Data
The Global Nylon Industrial Filament Market is forecast to reach USD 19.22 Billion by 2027, according to a new report by Reports and Data. Nylon belongs to the family of aliphatic or semi-aromatic based synthetic polymers, known as polyamides. Nylon is a silk-textured, synthetic thermoplastic material which can be changed into the shape of fibers, films, and filaments. Nylon Industrial Filament are synthetic filament made of nylon fiber, and the chemical composition, structures, and properties are modified during the manufacturing and designed for industrial end-uses. The Nylon Industrial Filament hold extreme or infinite length and designed to withstand added or extended tensile strength than that of Nylon Industrial Filament. The continuous growth of the 3D printing techniques, ropes, industrial equipment, automotive parts, tire industry, and industrial machineries, to name a few are expected to drive the demand throughout the forecast period primarily.
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Further key findings from the report suggest
- Fully Drawn Yarn (FDY) is a kind of highly drawn polyester filament yarn, which may be implemented to produce high strength textiles. Fully drawn yarn is usually used for better quality fabric. Moreover, as the process of texturizing is avoided, this product type yields higher contribution in comparison to the partially oriented yarns.
- Nylon Industrial Filament are extremely durable and offer great strength to flexibility ratio. Usage of this filaments in additive & traditional manufacturing not only invents new mechanical opportunities but also reduces the overall weight of the parts and gas emissions. Nylon Industrial Filament are widely used for semi-flexible components & mechanical parts since its wear, chemical, and UV resistance is higher compared with basic 3D printing plastics such as Polylactic Acid (PLA), Acrylonitrile Butadiene Styrene (ABS).
- Bulked Continuous Filament (BCF) Nylon Industrial Filament combines the properties of nylon and renders added abrasion-resistance & durability with bulkiness resulting from a three-dimensional random and crimping process implemented in each individual fiber filament. It is used in the products ranging from uses in automobile & industrial products.
- North America is forecasted to witness significant growth in the overall market due to its increasing demand for multifilament nylon industrial filament, having grown at a CAGR of 8.6% during the forecast period. US possesses the highest market share in this region and some of the vital players of the market.
- Key participants include DuPont de Nemours, Inc., BASF SE, Li Peng Enterprise Co. Ltd., Ultimaker BV, Nylstar SA, Ultimaker BV, Ascend Performance Materials, Reliance Industries Limited, Zig Sheng Industrial Co., Ltd., and Esun Industrial Co., Ltd., among others.
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Segments covered in the report:
Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Nylon 6
- Nylon 6,6
Type of Filament Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Partially Oriented Yarn (POY)
- Fully Drawn Yarn (FDY)
- Drawn Textured Yarn (DTY)
- High Speed Yarn (HSY)
Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
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The global Nylon Industrial Filament market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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