would grow significantly between 2022 and 2030, with a CAGR of approximately 4.2%.
Many technical goods, including oil containers, bushings, bearings, fuse boxes, and others, are known to have market as a significant constituent. In addition, nylon is widely utilised in items like timing belts, cylinder head coverings, crankcases, and wire harness connectors.
It is projected that the electrical and electronics sector would have significant growth during the projection period. Improved electrical insulation, excellent laser marking capabilities, light weight, low flammability, high toughness and stiffness, practical ball pressure temperature, increased heat distortion temperature, quick injection cycle time, and excellent flow characteristics are predicted to be key drivers of nylon market adoption during the forecast period.
North America is anticipated to contribute to the growth of the nylon market. The factors such as the augmented application of engineering plastics in multiple major industries such as automobile, aerospace, and defense coupled with enhanced demand for sustainable products in association with bio-based nylon manufacturers are projected to boost the nylon market in the North American region.
The report includes a regional analysis and country analysis with the latest trends, along with the major key players including Domo Chemicals, Huntsman International LLC, Ascend Performance Materials, Ube Industries Ltd., LANXESS, Ashley Polymers, Inc., BASF SE, AdvanSix, TORAY INDUSTRIES, INC., TOYOBO CO., LTD., Goodfellow.
The study is consolidated into major segments and further into sub-segments, such as by type (nylon 6, nylon 6,6), by application (automotive, electrical & electronics, textile, films & coating, industrial & machinery), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
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