Nylon Industry Overview

The global nylon market size is anticipated to reach USD 53.04 billion by 2030 and is anticipated to expand at a CAGR of 6.5% from 2024 to 2030, according to a new report by Grand View Research, Inc.

The increasing production and sale of automobiles is driving the market. Nylon exhibit good temperature chemical and temperature resistance, toughness, provide strength & stiffness, and resistance to abrasion. This makes them suitable to be used as films and coatings to prevent the raw materials from undergoing corrosion. Apart from being lightweight and versatile, the materials also facilitate higher design flexibility that facilitates the production of advanced shapes without compromising safety and stability of the vehicle.

 Gather more insights about the market drivers, restrains and growth of the Nylon Market

Nylon is anticipated to play a key role in the development of automobile industry over the forecast period. Apart from the versatility offered by nylon, automobile manufacturers are expected to use them on a larger scale owing to the environmental benefits and the advantages offered by Nylon 6 are in line with the emission regulations laid down across the globe.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

• The global pet food packaging market size was valued at USD 11.66 billion in 2023 and is projected to grow at a CAGR of 5.7% from 2024 to 2030. 

• The global polytetrafluoroethylene market size was valued at USD 3.63 billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2030.

Nylon Market Segmentation

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, 2018 - 2030)

• Nylon 6
• Nylon 66

Nylon Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Automobile
• Electrical & Electronics
• Engineering Plastics
• Textiles
• Others

Nylon Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Norway
  • Netherlands
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Thailand
  • South Korea
  • Indonesia
  • Malaysia
• Central & South America
  • Brazil
  • Argentina
• Middle East and Africa (MEA)
  • Saudi Arabia
  • South Africa
  • UAE

Key Companies profiled:

• BASF SE
• Lanxess
• Huntsman International LLC
• AdvanSix
• Ube Industries Ltd.
• Domo Chemicals
• TORAY INDUSTRIES, INC.
• Ashley Polymers, Inc.
• Ascend Performance Materials
• TOYOBO CO., LTD.
• Goodfellow

Key Nylon Company Insights

Some of the key players operating in the market include BASF SE and LANXESS

• BASF SE caters to the needs of its consumers through five business segments, namely chemicals, performance products, functional materials & solutions, agricultural solutions, and oil & gas. The company comprises 11 operating divisions and around 75 strategic business units (SBUs) operating in various business segments. It caters its products to various industries including agriculture, automotive & transportation, pharmaceuticals, oil & gas, food & beverages, and construction. Chemicals segment of the company deals with the demand for polyamide and polyamide intermediates such as nylon 6 and 66, which are used in various applications including oil & gas transportation, construction & electronic applications, industrial, assorted textiles, and automobile parts
• LANXESS’s business operations are divided into four segments, namely advanced intermediates, specialty additives, consumer protection, and engineering materials. The company also supplies rubber under the brand name ARLANXEO, which is a joint venture with Saudi Aramco. The company further operates and manufactures leather, inorganic pigments, rheinchemie, saltigo, and urethane systems. It pursues e-business solutions to increase efficiency in customer reach & accessibility, vendor purchase management, and inventory management

Recent Developments

• In June 2023, Advansix, a U.S.-based company, announced the launch of a new product featuring 100% post-consumer and post-industrial recycled content nylon, namely Aegis Resins and Capran BOPA Films. This initiative is aimed at assisting customers in achieving their sustainability goals
• In November 2021, LANXESS announced an investment of USD 36.85 million (EUR 30.0 million) to build a second compounding line for Pocan and Durethan branded plastics at its manufacturing site in Changzhou. This is expected to bring the company’s total compounding capacity in China to 110,000 metric tons per year and the facility is expected to be operational by 2023

Order a free sample PDF of the Nylon Market Intelligence Study, published by Grand View Research.