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Nylon Monofilament Market Share

Report ID: GMI11855
Published Date: Oct 2024
Report Format: PDF

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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

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The global market size for nylon monofilament was valued at USD 1.4 billion in 2023 and is expected to reach USD 2.2 billion by 2032, driven by a CAGR of over 5.2% from 2024 to 2032.

Fishing nets held a 34.7% market share in 2023 and are expected to grow significantly by 2032, due to increasing global fish consumption and advancements in aquaculture.

The U.S. market was valued at USD 276.7 million in 2023, driven by its strong industry, advanced technology, and high demand in various sectors.

Major players in the industry include AdvanSix, BASF SE, Contifibre, Huafon Group, Hyosung, JCT Limited, Kolon Industries, Nurel, and NYCOA, driven by their extensive product portfolios and innovation capabilities.