Nylon Monofilament Market Size – By Type, Application Analysis, Share, Growth Forecast, 2024 - 2032

Nylon Monofilament Market Size

The global nylon monofilament market was valued at USD 1.4 billion in 2023 and is estimated to grow at a CAGR of over 5.2% from 2024 to 2032.
 

Nylon monofilament is a single-strand nylon fiber known for its strength, flexibility, and resistance to wear. These qualities make it useful in many industries. It is used in fishing nets and lines in aquaculture, medical devices like sutures and catheters, and sporting equipment. The growing demand for nylon monofilament is due to the booming fishing and aquaculture industries, which need strong and lightweight materials for efficient operations.
 

Additionally, the increasing popularity of recreational activities, especially fishing, has raised the need for reliable fishing gear, boosting the demand for nylon monofilament products. The healthcare sector also uses more nylon monofilament in surgical procedures and devices because of its biocompatibility and mechanical properties. These factors—rising demands in fishing and aquaculture, growth in recreational sports, and advancements in medical applications—create a strong market for nylon monofilament, highlighting its significant role in various sectors.
 

Nylon Monofilament Market Trends

The nylon monofilament industry is currently shaped by several key trends, reflecting changing consumer preferences and technological progress. A major trend is the heightened emphasis on sustainability. This has led manufacturers to seek out biodegradable and eco-friendly alternatives to conventional nylon. Such a transition is fueled by consumer demand for eco-conscious products and regulatory efforts to curb plastic waste. Moreover, the adoption of innovative technologies in production, including automation and refined polymerization methods, is boosting product quality and efficiency. This advancement enables manufacturers to produce specialized monofilaments tailored for diverse applications.
 

Additionally, the emergence of smart textiles utilizing nylon monofilament underscores the market's agility in addressing the rising demand for innovative solutions, especially in sectors like healthcare and sports. These advanced materials offer features like moisture-wicking and antibacterial properties, aligning with contemporary consumer demands. Lastly, regional trends, especially the growth of aquaculture in the Asia-Pacific and the rising use of nylon monofilament in fishing, highlight the market's ability to adapt to changing economic conditions
 

Nylon Monofilament Market Analysis

The nylon monofilament industry faces major challenges due to changing raw material prices and environmental concerns about disposal. Fluctuating nylon costs, often influenced by crude oil prices and supply chain issues, can increase production costs and reduce profitability, causing uncertainty for manufacturers. Additionally, the environmental impact of nylon products, especially their disposal, is a growing concern as awareness of plastic pollution rises.
 

Nylon monofilament is durable but not biodegradable, leading to potential long-term environmental problems if not managed properly. The rising raw material costs and the urgent need for sustainable practices create a complex situation, pushing stakeholders to find innovative solutions that balance economic viability with ecological responsibility. This situation highlights the importance of addressing both economic and environmental issues to ensure the future sustainability of nylon applications in various industries.
 

Based on type, the nylon monofilament market is segmented into nylon 6, nylon 66 and others. Nylon 6 dominates the market by generating USD 660.5 million revenue in the year 2023. Its versatility and strong demand cover various uses, especially in fishing nets, medical devices, and sports equipment. Nylon 6 is popular because of its high tensile strength, elasticity, and resistance to abrasion.
 

Nylon 66 is a close competitor. It is known for its higher melting point and better wear resistance, making it ideal for durable applications like automotive parts and industrial products. However, Nylon 66 has a smaller market share than Nylon 6 due to higher production costs.
 

Based on applications, the nylon monofilament market is segmented into fishing nets, medical devices, sewing threads, brushes, sports equipment and others including ropes, crop support nets, etc. Fishing nets hold a dominant market share of 34.7% in the market. This is due to the growing demand for both commercial and recreational fishing, driven by increasing global fish consumption and advancements in aquaculture. Nylon monofilament is preferred for fishing nets because of its strength, flexibility, and resistance to wear.
 

Besides fishing nets, medical devices and sewing threads are also important applications. The healthcare sector uses nylon monofilament in sutures and other medical products due to its biocompatibility and strength. The textile and garment industries also see a rising demand for sewing threads, boosting the overall market.
 

The U.S. nylon monofilament market grows due to its use in fishing, medical devices, automotive, and consumer goods. It was valued at USD 276.7 million in 2023. The U.S. leads in North America because of its strong industry, advanced technology, and high demand in various industries. The market is expected to grow steadily with new developments in medical sutures, fishing lines, and sports equipment, and a move towards eco-friendly production due to environmental concerns.
 

In North America, the U.S. dominates the market, but Canada is seeing more demand in medical and aerospace sectors. The region benefits from strong industries, a solid supply chain, and a focus on sustainability and innovation. Canada's market is expected to grow as investments in advanced materials and niche applications increase, helping North America's overall growth in this sector.
 

Nylon Monofilament Market Share

The global nylon monofilament industry features a competitive landscape with key players introducing innovative solutions and expanding their market reach. Prominent companies such as AdvanSix, BASF SE, and Toray Industries use advanced technologies to refine their product offerings and meet market needs. AdvanSix produces nylon resins and monofilaments, focusing on sustainability and efficiency in manufacturing processes. The company integrates eco-friendly practices into its operations, addressing a market increasingly concerned with environmental impact.
 

BASF SE combines its expertise in chemical production with innovative approaches in textile applications. The company offers nylon monofilament solutions that enhance performance while reducing resource consumption. BASF is dedicated to developing biodegradable products and improving production methods to align with sustainability goals. Toray Industries is known for its advanced nylon materials used in various applications, including fishing nets and medical devices. The company invests heavily in research and development, focusing on enhancing the durability and performance of its nylon monofilament products
 

Nylon Monofilament Market Companies

Major players operating in the nylon monofilament industry are:

• AdvanSix 
• BASF SE
• Contifibre
• Huafon Group 
• Hyosung
• JCT Limited
• Kolon Industries
• Nurel
• NYCOA
• SK Chemicals
• Solvay
• Suzhou Hanyun New Material Technology
• Toray Industries         
    

Nylon Monofilament Industry News

• In June 2023, AdvanSix launched a new nylon product featuring 100% post-consumer recycled content, aimed at supporting sustainability in the textile and plastic industries.
   
• In January 2022, Toray Industries announced the development of Ecodear N510, the first 100% plant-based nylon fiber in its lineup, which incorporates fully biobased synthetic polymer content. Primarily aimed at sports and outdoor fabrics, the fiber will also be used in lightweight and innerwear materials
   

The nylon monofilament market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) & volume (Kilo Tons) from 2021 to 2032, for the following segments:

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Market, By Type

• Nylon 6
• Nylon 66
• Others (nylon 6 10, nylon 6 12, nylon 11, and nylon 12, etc.)

Market, By Application

• Fishing nets
• Medical devices
• Sewing threads
• Brushes
• Sports equipment
• Other (ropes, crop support nets, etc.)

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa