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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.
Report Attribute | Details |
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Base Year: | 2023 |
Nylon Monofilament Market Size in 2023: | USD 1.4 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 5.2% |
2024 – 2032 Value Projection: | USD 2.2 Billion |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 310 |
Tables, Charts & Figures: | 240 |
Segments covered: | Type, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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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.