The Global Nylon Monofilament market is forecast to reach USD 2,640.3 Million by 2028, according to a new report by Reports and Data. Monofilament can be defined as yarns comprising of a single solid filament. These fabrics are available in varied polymer filaments, including polyester, nylon, fluorocarbon materials, among others.
Nylon is one of the most commonly used polymer filaments for this fabric. High durability and resistance to corrosion are some of the mentionable reasons for high preference of nylon as the polymer filaments for these fabrics. In regards to the traits of monofilament yarn, it is solid and circular in cross-section. Its shape can be altered to manufacture hollow and/or noncircular filaments. Its diameter range is 100–2000 μm. Dental floss, fishing line, bristles of toothbrushes are some of the common examples of this filament used in daily lives. The application of the filament in apparels is limited due to high bending rigidity and low bulk. It is widely used in consumer goods, fishing nets, and in various other medical applications. It is also witnessing a growing demand in the automotive sector. Thus, such a wide arena of applications is one of the mentionable factors supporting the expansion of the sector.
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Top Players in the Global Nylon Monofilament Market:
Hinafil India Limited, Ashley Polymers Inc, Toray Monofilament Co. Ltd., Engineered Monofilaments Corporation (EMCO), Ningbo Judin Special Monofilament Co. Ltd, Superfil Products Ltd., Wenzhou Ruichang Special Monofilament Factory, Perlon Monofil GmbH, ABC Polymers, Inc. and Luftking Enterprise.
Though various supporting factors are fostering the growth of the industry, adverse factors like the high cost of raw materials, and the availability of cheaper alternatives may have a negative impact on the growth of the sector.
In regards to region, Asia Pacific can be seen to occupy a leading position. The dominance of the APAC region is attributed to the presence of a well-established automotive sector and rising demand for consumer goods, which is supporting the expansion of the sector in this region.
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Market segmentation based on Product Type Outlook:
- Nylon 66
- Nylon 6
- Others
Distribution Channel Outlook:
- Online
- Offline
Application Outlook:
- Medical
- Fishing Net
- Consumer Goods
- Automotive
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Nylon Monofilament market over the forecast period?
- What are the major factors driving the global market revenue growth?
- Which are the leading manufacturers and suppliers in the global Nylon Monofilament market?
- Which regional market is expected to lead in terms of revenue share in the global Nylon Monofilament market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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