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.
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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.
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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.
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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.
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