Asia Pacific Nylon Market Size & Outlook, 2023-2030
Asia Pacific nylon market, 2018-2030 (US$M)
Related Markets
Asia Pacific nylon market highlights
- The Asia Pacific nylon market generated a revenue of USD 15,582.2 million in 2023.
- The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, nylon 6 was the largest revenue generating product in 2023.
- Nylon 66 is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 15,582.2 million |
| Market revenue in 2030 | USD 25,152.8 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Nylon 6 |
| Fastest growing segment | Nylon 66 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon 6, Nylon 66 |
| Key market players worldwide | Basf SE, Lanxess AG, Huntsman Corp, AdvanSix Inc, Ube Corp, Domo Chemicals, Toray Industries Inc, Ashley Services Group Ltd DR, Ascend Performance Materials, Toyobo Co Ltd, Goodfellow Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 45.3% of the global nylon market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,682.3 million by 2030.
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Nylon Market Scope
Nylon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific nylon market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nylon market will help companies and investors design strategic landscapes.
Nylon 6 was the largest segment with a revenue share of 56.69% in 2023. Horizon Databook has segmented the Asia Pacific nylon market based on nylon 6, nylon 66 covering the revenue growth of each sub-segment from 2018 to 2030.
Nylon are gaining attention from electrical & electronics manufacturers as plastic parts are more compact and can be easily integrated with other components, thus simplifying the design procedure. It enables manufacturers to develop smarter MCB having thinner walls. Increasing concerns about the size and carbon footprint of electrical devices are majorly driving product demand.
In contrast, in developed markets such as South Korea and Japan, a premium approach regarding offerings and pricings is becoming a new trend as mainstream trademarks lose market share in affordable and mid-range product segment owing to changing consumer preferences.
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Target buyers of Asia Pacific nylon market databook
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Our clientele includes a mix of nylon market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific nylon market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific nylon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific nylon market size, by country, 2018-2030 (US$M)
Asia Pacific Nylon Market Outlook Share, 2023 & 2030 (US$M)
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