Nylon 6 Filament Yarn Market To Reach $43.96 Billion By 2030

Nylon 6 Filament Yarn Market Growth & Trends

The global nylon 6 filament yarn market size is expected to reach USD 43.96 billion by 2030, registering a CAGR of 6.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global textile industry has been undergoing rapid changes owing to increasing focus of market participants on introducing sustainable and eco-friendly fabrics.

In order to achieve the same, the industry is expected to witness technological advancements in the coming years. Spiraling demand for high-quality apparels at an affordable price and changing fashion preferences are driving nylon 6 filament yarn market.

Rising adoption of nylon for manufacturing textile accessories ranging from automotive textiles to smart textiles, which are employed in military and defense applications, is anticipated to support the growth of the market. Apart from being lightweight and versatile, nylon also facilitates higher design flexibility, which enables production of advanced shapes without compromising the safety and stability of products.

Growing prominence of nylon substitutes such as polypropylene, bioabsorbable polymers, para-aramid synthetic fibers, and polyvinylidene fluoride is anticipated to hamper growth prospects of the market. Over the last few years, PVDF has been experiencing widespread acceptance as a significant substitute of nylon, especially in fishing lines.

Compared to nylon, polypropylene is smoother and more elastic. It has high tensile strength, low elongation, and better handling characteristics. It is used in various applications such as textile, medical, and fishing. Other environment-friendly substitutes such as bioabsorbable polymers pose a significant threat due to lack of environmental viability of nylon.

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Nylon 6 Filament Yarn Market Report Highlights

• Sports apparel is expected to be the most prominent application segment over the forecast period

• In 2023, the Asia Pacific iheld the largest share in 2023, due to fast industrial growth, increasing population, and a strong textile industry.

• Changing consumer lifestyles, such as growing preference for exercise for better health, are augmenting the demand for sports apparel, thereby providing a fillip to the market

• Consumers are increasingly opting for high-quality products at an affordable price

• Operating prices and raw material procurement costs have significantly reduced over the past two years.

Nylon 6 Filament Yarn Market Segmentation

Grand View Research has segmented the global nylon 6 filament yarn market based on application, and region:

Nylon 6 Filament Yarn Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

• Sports Apparels

• Sports & Adventure Equipment

• Travel Accessories

• Fabric

• Fishing Nets

• Others

Nylon 6 Filament Yarn Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • UAE

  • South Arabia

  • South Africa

List of Key Players in the Nylon 6 Filament Yarn Market

• JCT Group

• Century Enka Limited

• Zhejiang Century ChenXing Fiber Technology Co., Ltd.

• Singhal Industries Pvt. Ltd.

• Salud Industry (Dongguan) Co., Ltd.

• Changzhou Yida Chemical Fiber Co., Ltd.

• Anand Rayons Ltd.

• Yiwu Huading Nylon Co., Ltd.

• TORAY INDUSTRIES, INC.

• Prutex Nylon Co., Ltd.

• EAST ASIA TEXTILE TECHNOLOGY LTD.