The global nylon 6 filament yarn market size is expected to reach USD 33.58
billion by 2025, according to a new report by Grand View Research, Inc.,
progressing at a CAGR of 7.7% during the forecast period. The global textile
industry has been undergoing rapid changes owing to increasing focus of market
participants on introducing sustainable and eco-friendly fabrics.
In order to achieve the
same, the industry is expected to witness technological advancements in the
coming years. Spiraling demand for high-quality apparels at an affordable price
and changing fashion preferences are driving nylon 6 filament yarn market.
Rising adoption of nylon for manufacturing
textile accessories ranging from automotive textiles to smart textiles, which
are employed in military and defense applications, is anticipated to support
the growth of the market. Apart from being lightweight and versatile, nylon
also facilitates higher design flexibility, which enables production of
advanced shapes without compromising the safety and stability of products.
Growing prominence of nylon substitutes
such as polypropylene, bioabsorbable polymers, para-aramid synthetic fibers,
and polyvinylidene fluoride is anticipated to hamper growth prospects of the
market. Over the last few years, PVDF has been experiencing widespread
acceptance as a significant substitute of nylon, especially in fishing lines.
Compared to nylon, polypropylene is
smoother and more elastic. It has high tensile strength, low elongation, and
better handling characteristics. It is used in various applications such as
textile, medical, and fishing. Other environment-friendly substitutes such as
bioabsorbable polymers pose a significant threat due to lack of environmental
viability of nylon.
Access Research Report of Nylon 6 Filament Yarn Market @ https://www.grandviewresearch.com/industry-analysis/nylon-6-filament-yarn-market
Further Key Findings from the Report Suggest:
· Sports apparel is expected to be the most
prominent application segment over the forecast period
· Asia Pacific is anticipated to be the
largest as well as the fastest growing regional market in terms of value during
the forecast period
· Changing consumer lifestyles, such as
growing preference for exercise for better health, are augmenting the demand
for sports apparel, thereby providing a fillip to the market
· Consumers are increasingly opting for
high-quality products at an affordable price
· Operating prices and raw material
procurement costs have significantly reduced over the past two years
· The fabrics application segment is likely
to expand at a CAGR of 7.5% in terms of volume during the forecast period
Grand View Research has segmented the
global nylon 6 filament yarn market on the basis of application and region:
Nylon 6 Filament Yarn Application Outlook
(Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
Sports Apparels
·
Sports & Adventure Equipment
·
Travel Accessories
·
Fabric
·
Fishing Nets
·
Others
Nylon 6 Filament Yarn Regional Outlook
(Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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