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Nylon Monofilament Market Size

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

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.

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.

Nylon Monofilament Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 240
  • Countries covered: 19
  • Pages: 310
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