Nylon Market Size to Reach $47.0 Billion by 2027 | CAGR

6.5%: Grand View Research, Inc. - Seite 2

Currently, raw materials account for over 45% of the overall manufacturing cost of vehicles. Steel and aluminum are the preferred raw materials in automobile industry. However, owing to the stringent regulations focusing on improving the fuel efficiency and maintaining CO2 emissions at manageable levels, raw material trends are expected to undergo a drastic change in near future. Nylon 6 finds descriptive use as films and coatings to prevent the raw materials from undergoing corrosion.

Nylon 66 demonstrates high dimensional stability coupled with excellent resistance to wear owing to its lower moisture absorption property. Electrical protection devices require high heat, water, and other electromechanical resistance to perform according to standards. Furthermore, it has a shorter and stronger bond, providing it a denser and tighter structure compared to nylon 6.

Grand View Research has segmented the global nylon market on the basis of product, application, and region:

• Nylon Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• Nylon 6
• Nylon 66
• Nylon Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• Automobile
• Electrical & Electronics
• Engineering Plastics
• Textile
• Others
• Nylon Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
• North America
• U.S.
• Europe
• Germany
• France
• U.K.
• Asia Pacific
• China
• India
• Japan
• South Korea
• Central & South America
• Middle East & Africa

Find more research reports on Plastics, Polymers & Resins Industry, by Grand View Research:

• Stretch And Shrink Film Market – Global stretch and shrink films market size was estimated at USD 14.27 billion in 2019 and is projected to register a 5.5% CAGR during the forecast period.
• Thermoformed Plastics Market – Global thermoformed plastics market size was estimated at USD 12.3 billion in 2019 and is expected to register a CAGR of 4.9% from 2020 to 2027.
• Recycled Polyethylene Terephthalate Market – Global recycled polyethylene terephthalate market size was valued at USD 7.34 billion in 2019. It is projected to register a CAGR of 7.9% during the forecast period.

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