U.S. Nylon MarketU.S. Nylon Market Unlocking Growth Opportunities: Analysis and Forecast 2024-2032
U.S. Nylon Market by Type (Nylon 6 {Resin & Fiber}, Nylon 6, 6 {Resin & Fiber}), by Application (Automotive, Electrical & Electronics, Appliances, Film & Coating, Wire & Cables, Consumer, Industrial & Machinery, Others), by Forecast 2024-2032
Base Year: 2023
120 Pages
U.S. Nylon Market Unlocking Growth Opportunities: Analysis and Forecast 2024-2032
Key Insights
The U.S. Nylon Marketsize was valued at USD 3.58 USD Billion in 2023 and is projected to reach USD 4.62 USD Billion by 2032, exhibiting a CAGR of 3.7 % during the forecast period. Nylon is a class of polymers, specifically a category of polyamides, famous for its seldom-rivaled qualities such as strength, toughness, and flexibility. Nylon was first known to the public by the Dupont Company in the 1930s and achieved significant success as an innovative material for textiles and many other uses. This fiber is highly tolerant to wear and tear as well as chemicals and high temperatures, which makes it suitable for usage in apparel, carpets, belts, and automotive products, among others. The properties that are to be attributed to nylon are its light weight, its capacity to maintain its shape, and its resistance to shrinking and wrinkling, all of which add to the portability, comfort, durability, and effectiveness that are useful in daily wear as well as in performance wear. The fact that it readily absorbs humidity and dries rapidly makes it ideal for wearing when exercising and producing sporting outfits and other equipment that may get drenched in sweat. If compared with other materials, it can be noted that nylon has such a great advantage as its ability to be recycled, which helps to develop environmentally friendly production processes.North America's demand for nylon is boosted by the increasing use of thermoplastics in the automotive, aerospace, and electrical and electronics industries.
U.S. Nylon Trends
- Growing demand from the automotive industry
- Increasing adoption in the electrical & electronics sector
- Rising popularity of nylon-based consumer products
- Penetration of nylon into traditional applications
Driving Forces: What's Propelling the U.S. Nylon Market
- Increasing demand from the automotive industry: Nylon is widely used in the production of automotive components such as airbags, seat belts, and interior parts due to its high strength and durability.
- Rising adoption in the electrical & electronics sector: Nylon's insulating properties make it suitable for use in electrical components, connectors, and cables.
- Growing popularity of nylon-based consumer products: Nylon is used in the manufacturing of products such as clothing, backpacks, and luggage due to its flexibility and abrasion resistance.
- Penetration of nylon into traditional applications: Nylon is replacing traditional materials in various applications such as food packaging, construction materials, and medical devices.
Challenges and Restraints in U.S. Nylon Market
- Fluctuating raw material prices: Nylon is derived from petrochemicals, and the market is affected by fluctuations in the prices of oil and gas.
- Competition from alternative materials: Nylon faces competition from other materials such as polypropylene, polyethylene, and polyester.
- Environmental concerns: Nylon is a non-biodegradable material, which raises environmental concerns about its disposal.
Emerging Trends in U.S. Nylon
- Bio-based nylon: The development of bio-based nylon from renewable resources is gaining traction.
- Recyclable nylon: Efforts are being made to develop nylon that can be easily recycled to reduce environmental impact.
- Specialty nylon grades: Manufacturers are developing specialty nylon grades with enhanced properties such as high-temperature resistance and flame retardancy.
Growth Catalysts in U.S. Nylon Industry
- Technological advancements: Ongoing research is leading to the development of new nylon grades with improved properties and performance.
- Government regulations: Stringent environmental regulations are driving the demand for bio-based and recyclable nylon.
- Increasing urbanization: Rapid urbanization in the United States is creating new opportunities for nylon in infrastructure and construction applications.
Market Segmentation: U.S. Nylon Analysis
Type:
- Nylon 6 {Resin & Fiber}
- Nylon 6,6 {Resin & Fiber}
Application:
- Automotive
- Electrical & Electronics
- Appliances
- Film & Coating
- Wire & Cables
- Consumer
- Industrial & Machinery
Leading Players in the U.S. Nylon Market
- DuPont (U.S.)
- BASF SE (Germany)
- Lanxess AG (Germany)
- Nylon Corporation of America, Inc. (U.S.)
- Shenma Industrial Co., Ltd. (China)
- Ascend (U.S.)
- Domo Chemicals (Germany)
- Radici Partecipazioni SpA (Italy)
- Invista (U.S.)
- DSM (Netherlands)
- Formosa Group (Taiwan)
- SINOPEC (China)
- Ube Industries (Japan)
- LIBOLON (Taiwan)
- ZIG SHENG INDUSTRIAL CO., LTD (Taiwan)
Significant developments in U.S. Nylon Sector
- April 2023: Kordsa, a nylon tire manufacturing company, announced its plan to invest USD 50 million in the expansion of its nylon production facility at the Chattanooga plant.
- January 2022: Invista and China Pingmei Shenma Group announced that they signed an agreement to establish a strategic relationship.
Comprehensive Coverage U.S. Nylon Market Report
- Market Size Analysis: Historical, Current, and Future (2023-2029)
- Industry Dynamics: Drivers, Restraints, Opportunities, and Trends
- Market Segmentation: Type, Application, and Region
- Competitive Landscape: Company Profiles, Market Share, and Strategies
- Regional Outlook: North America, Europe, Asia-Pacific, South America, and Middle East & Africa
- Consumer Side Analysis: Demographics, Lifestyle, and Shopping Patterns
- Demand Side Analysis: Industry Trends and End-User Demand
- Import and Export Analysis: Major Countries and Trade Patterns
- Pricing Strategies: Market Trends and Product Differentiation
- Segmentation: Type, Application, and Region
Regional Insight
The U.S. nylon market is geographically segmented into the following regions:
- Northeast
- Midwest
- South
- West
U.S. Nylon Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 3.7% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand from Automotive Industry to Drive Market Growth
- 3.3. Market Restrains
- 3.3.1. Stringent Environmental Regulations to Limit the Market Growth
- 3.4. Market Trends
- 3.4.1. Rising Demand for 3D Printing Applications to Present Lucrative Opportunities
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Nylon Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Nylon 6 {Resin & Fiber}
- 5.1.2. Nylon 6
- 5.1.3. 6 {Resin & Fiber}
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Automotive
- 5.2.2. Electrical & Electronics
- 5.2.3. Appliances
- 5.2.4. Film & Coating
- 5.2.5. Wire & Cables
- 5.2.6. Consumer
- 5.2.7. Industrial & Machinery
- 5.2.8. Others
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1.
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Northeast U.S. Nylon Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Type
- 6.1.1 Nylon 6 {Resin & Fiber} and Nylon 6
- 6.1.2 6 {Resin & Fiber}
- 6.2. Market Analysis, Insights and Forecast - By Application
- 6.2.1 Automotive
- 6.2.2 Electrical & Electronics
- 6.2.3 Appliances
- 6.2.4 Film & Coating
- 6.2.5 Wire & Cables
- 6.2.6 Consumer
- 6.2.7 Industrial & Machinery
- 6.2.8 and Others
- 7. Southeast U.S. Nylon Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Type
- 7.1.1 Nylon 6 {Resin & Fiber} and Nylon 6
- 7.1.2 6 {Resin & Fiber}
- 7.2. Market Analysis, Insights and Forecast - By Application
- 7.2.1 Automotive
- 7.2.2 Electrical & Electronics
- 7.2.3 Appliances
- 7.2.4 Film & Coating
- 7.2.5 Wire & Cables
- 7.2.6 Consumer
- 7.2.7 Industrial & Machinery
- 7.2.8 and Others
- 8. Midwest U.S. Nylon Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Type
- 8.1.1 Nylon 6 {Resin & Fiber} and Nylon 6
- 8.1.2 6 {Resin & Fiber}
- 8.2. Market Analysis, Insights and Forecast - By Application
- 8.2.1 Automotive
- 8.2.2 Electrical & Electronics
- 8.2.3 Appliances
- 8.2.4 Film & Coating
- 8.2.5 Wire & Cables
- 8.2.6 Consumer
- 8.2.7 Industrial & Machinery
- 8.2.8 and Others
- 9. Southwest U.S. Nylon Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Type
- 9.1.1 Nylon 6 {Resin & Fiber} and Nylon 6
- 9.1.2 6 {Resin & Fiber}
- 9.2. Market Analysis, Insights and Forecast - By Application
- 9.2.1 Automotive
- 9.2.2 Electrical & Electronics
- 9.2.3 Appliances
- 9.2.4 Film & Coating
- 9.2.5 Wire & Cables
- 9.2.6 Consumer
- 9.2.7 Industrial & Machinery
- 9.2.8 and Others
- 10. West U.S. Nylon Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Type
- 10.1.1 Nylon 6 {Resin & Fiber} and Nylon 6
- 10.1.2 6 {Resin & Fiber}
- 10.2. Market Analysis, Insights and Forecast - By Application
- 10.2.1 Automotive
- 10.2.2 Electrical & Electronics
- 10.2.3 Appliances
- 10.2.4 Film & Coating
- 10.2.5 Wire & Cables
- 10.2.6 Consumer
- 10.2.7 Industrial & Machinery
- 10.2.8 and Others
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 DuPont (U.S.)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 BASF SE (Germany)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Lanxess AG (Germany)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Nylon Corporation of America Inc. (U.S.)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Shenma Industrial Co. Ltd. (China)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Ascend (U.S.)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Domo Chemicals (Germany)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Radici Partecipazioni SpA (Italy)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Invista (U.S.)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 DSM (Netherlands)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Formosa Group (Taiwan)
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 SINOPEC (China)
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Ube Industries (Japan)
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 LIBOLON (Taiwan)
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 ZIG SHENG INDUSTRIAL CO. LTD (Taiwan)
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.1 DuPont (U.S.)
List of Figures
- Figure 1: U.S. Nylon Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: U.S. Nylon Market Value Share (%), by Type 2023 & 2031
- Figure 3: U.S. Nylon Market Value Share (%), by Application 2023 & 2031
- Figure 4: U.S. Nylon Market Share (%) by Company 2023
List of Tables
- Table 1: U.S. Nylon Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 2: U.S. Nylon Market Volume Kiloton Forecast, by Type 2018 & 2031
- Table 3: U.S. Nylon Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 4: U.S. Nylon Market Volume Kiloton Forecast, by Application 2018 & 2031
- Table 5: U.S. Nylon Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 6: U.S. Nylon Market Volume Kiloton Forecast, by Region 2018 & 2031
- Table 7: U.S. Nylon Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 8: U.S. Nylon Market Volume Kiloton Forecast, by Type 2018 & 2031
- Table 9: U.S. Nylon Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 10: U.S. Nylon Market Volume Kiloton Forecast, by Application 2018 & 2031
- Table 11: U.S. Nylon Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 12: U.S. Nylon Market Volume Kiloton Forecast, by Region 2018 & 2031
- Table 13: U.S. Nylon Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 14: U.S. Nylon Market Volume Kiloton Forecast, by Type 2018 & 2031
- Table 15: U.S. Nylon Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 16: U.S. Nylon Market Volume Kiloton Forecast, by Application 2018 & 2031
- Table 17: U.S. Nylon Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 18: U.S. Nylon Market Volume Kiloton Forecast, by Country 2018 & 2031
- Table 19: Northeast U.S. Nylon Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 20: Northeast U.S. Nylon Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 21: Southeast U.S. Nylon Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 22: Southeast U.S. Nylon Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 23: Midwest U.S. Nylon Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 24: Midwest U.S. Nylon Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 25: Southwest U.S. Nylon Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 26: Southwest U.S. Nylon Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 27: West U.S. Nylon Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 28: West U.S. Nylon Market Volume (Kiloton) Forecast, by Application 2018 & 2031
- Table 29: U.S. Nylon Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 30: U.S. Nylon Market Volume Kiloton Forecast, by Type 2018 & 2031
- Table 31: U.S. Nylon Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 32: U.S. Nylon Market Volume Kiloton Forecast, by Application 2018 & 2031
- Table 33: U.S. Nylon Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 34: U.S. Nylon Market Volume Kiloton Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 3.7% from 2018-2032 |
| Segmentation |
|
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