Uploaded on Apr 12, 2021
Market Research Future Publish New Market Research Report On-“Nylon Market 2020 Global Key Manufacturers Analysis, Sales, Supply, Demand and Forecast to 2027”
Nylon Market_PPT
Nylon MARKET 2020 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Nylon MARKET 2020 Nylon Market 2020: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 The global nylon market has been estimated to register a significant growth on account of increasing demand of light weight fuel efficient vehicles. The primary factors driving growth of the market are the rising use of the light weight vehicles, growing demand for light weight, heat resistant and durable material in numerous industrial applications, and ever increasing demand of the product from textile industry. The global automotive market is estimated to grow at higher CAGR to mark over USD 90 billion revenue in 2017. The production and use of light weight cars and other automotive, as projected by Morgan Stanley analysts, is set to rise to 2.9 percent of 99 million new vehicles in 2020 and to 9.4 percent of 102 million new vehicles in 2025, from 1.1 percent of 86.5 million this year. This is anticipated to fuel demand of the nylon in manufacturing light yet durable parts. Additionally, there is growing demand for the demand for organic materials which is expected to rise globally due to the rising prices of petrochemical- based raw materials. Bio-based polyamides are a high-quality alternative to substitute petro-based materials. They can be used in automotive, electronics, and sports applications. As a result, it has been projected that in future the demand of nylon may surge manifolds. Moreover, surging demand for and use of consumer goods and electronic devices is expected to further boost growth of the market. 2 www.marketresearchfuture.com Nylon MARKET 2020 Market Segmentation: The global nylon is a highly mature market with significant number of major players operating into the market. The market is driven by flourishing construction, automotive and sports equipment industry. The market is greatly concentrated by the presence of number large players yet, BASF SE, Evonik Industries AG, Lanxess AG, Solvay SA, and Arkema SA are the key manufacturers in this market. Almost all of these market participants are primarily adopting the expansion and product launch tactics to strengthen their market position. Growing automotive industries, and continuous rising demand for sports goods and equipment, along with the collaborations and agreements between manufacturers, distributers, and marketing firms are key market forces operating in the market for the growth of the demand for nylon. Considering these trends, the global nylon market is likely to witness considerable competition over the forecast period of 2017-2023. Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/1068 3 www.marketresearchfuture.com Nylon MARKET 2020 Regional Analysis Industry/ Innovation/ Related News: September 19, 2017- Germany based chemical giant BASF SE and Belgium based chemical major entered into a USD 1.9 billion deal. BASF SE acquired the nylon business of Solvay SA. This will complement BASF’s engineering plastics portfolio as the will be integrated into the performance materials and monomers division of BASF SE. As of 2017, the unit operates 12 production sites, four research locations and 10 technical support centers worldwide. October 11, 2017- BASF SE, the Germany based chemical giant, has developed new semi-transparent nylon product called Ultramid Vision. It is a semi-crystalline nylon featuring very high light transmission and low light scattering properties. According to BASF, The new material is suited for use in visual check components such as fluid level indicators as well as applications in illumination and light fixtures. It combines the good mechanical properties and process ability of nylon 6 at an attractive price. Browse Report @ https://www.marketresearchfuture.com/reports/nylon-market-10 68 4 www.marketresearchfuture.com Nylon MARKET 2020 Application & Major Players in this Research: Nylon Market Prominent Players: BASF SE, Honeywell International, Inc., Asahi Kasei Corporation, Evonik Industries AG, E.I. Dupont De Nemours & Company, UBE Industries Limited, Invista S.A.R.L. (Koch Industries, Inc.), Lanxess AG, Quadrant AG, Formosa Plastics Corp., Solvay SA, Saudi Basic Industries Corp, Huntsman Corporation and Arkema SA., and Royal DSM NV, among others are some of the prominent players at the forefront of competition in the global nylon market and are profiled in MRFR Analysis. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1068 5 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2020 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 6 www.marketresearchfuture.com MARKET RETSHEANAKR YCOHU [email protected] Ph: +1-646-845-9349 (US) FUTUPh: +R44 208 E133 9349 (UK) 7 www.marketresearchfuture.com
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