The value of global nylon feedstock and fibers market is projected to grow with a CAGR of 2.5% during the forecast period of 2016-2022 and reach USD XX billion by 2022. Nylon fiber is a synthetic polymer made from polyamide fiber and derived from diamine and dicarboxylic acid. Nylon is used both alone and in blends with other fibers, where its chief contributions are strength and abrasion resistance. It is known for its versatility, durability, low maintenance and its resistance to tear. Moreover, it s a less expensive to produce and majorly used in textile industries, engineering plastic and packaging. On the other hand, nylon feedstock consist of material such as coal or oil in its natural state, which is used for making nylon based product such as plastic. Both nylon feedstock and fibers are considered as single industry.
Nylon fibers and feedstock market is majorly driven by increased demand for nylon fiber in end user segments such as textile industries, clothing and garment, packaging and plastic manufacturing. Moreover, rising application of nylon fibers in automotive industry is likely to drive growth of this market. However, strict government regulation, rising costs of nylon feedstock and high competition from polyester are considered to be the major factors restraining the growth of nylon feedstock and fibers market. Furthermore, developing economies and untapped markets across the globe will bring growth opportunity to this market for market leaders and new entrants.
Segments Covered The report segments the global nylon feedstock and fibers market by application and by region. Market segmentation based on application includes textile industries, engineering plastic, automotive, clothing & garment, packaging, electronics and others. Furthermore, textile industry holds the majority market share and projected to continue its dominance over the forecast period, followed by engineering plastic.
Geographic Coverage and Analysis: The report provides regional analysis covering geographies such as North America, Europe, Asia Pacific, Latin America and Rest of the World (RoW). APAC is the largest market in terms of value and volume for nylon feedstock and fiber and holds market share of more than XX%. APAC established its dominance over the market due to shifting mill demand to APAC from U.S and Europe and developing economies such as India and China. Following APAC, Europe considered as a prominent market for nylon feedstock and fiber and is anticipated to witness healthy CAGR of XX% over the forecast period.
Companies profiled: - The companies covered in the report include - Capro Corporation - BASF SE - Sumitomo Chemical - Toray Industries, Inc - Lanxess - KuibyshevAzot Joint Stock Company - Ube Industries Ltd.
Report Highlights: The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of nylon feedstock and fibers globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of nylon feedstock and fibers market. Moreover, the study highlights current market trends and provides forecast from 2016 to 2022. We also have highlighted future trends in the nylon feedstock and fibers market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the nylon feedstock and fiber market to understand the present and future trends in this market and formulate their strategies accordingly.
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