Nylon Monofilament Market Size is estimated to Grow at USD 3.2 billion by 2029 and Share Estimation with Top Players – Ashley Polymers, INC., Toray Industries, Inc., Engineered Monofilaments Corporation
Exactitude Consultancy Market Research analyses that the Nylon Monofilament market will witness a CAGR of 5.9% for the forecast period of 2023-2029 and is likely to reach at USD 3.2 billion by 2029 from USD 1.8 billion in 2022.
The study considers the Global Nylon Monofilament Market present scenario and its market dynamics for the period 2023-2029. It includes a thorough assessment of a number of trends, constraints, and drivers of market growth. The report evaluates the market size of the Nylon Monofilament Market and studies the strategy patterns adopted by the prominent international players. The report also analyses the market’s size in terms of projected revenue for the future. All of the data numbers, such as percentage splits and breakdowns, are calculated from secondary sources and confirmed from original sources. The market’s supply and demand sides are also covered in the research. It provides profiles and analysis of market leaders and other prominent businesses.
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Nylon Monofilament Market Drivers
The growing agricultural industry is one of the significant factors driving the Nylon monofilament market
The growing agriculture industry across the globe is one of the significant factors driving the demand for Nylon Monofilament Market, as it is majorly used as nylon fishing line. According to Statistics Bureau of Japan, the total value of farm production in Japan was US$84,162 million during the year 2022, an increase of 2.63% from US$81,999 during the year 2022. According to the US department of agriculture, the agriculture and food related industries in USA contributed about 5.2% share of the total GDP during the year 2022.
Nylon Monofilament Market Challenges
Volatile raw materials are hampering the growth of the Nylon Monofilament Market
Nylon monofilament is manufactured from the refining of crude oil using naphtha. Crude oil is a highly volatile commodity owing to its constantly changing supply-demand scenario. The volatility in the crude oil prices acts as one of the biggest challenges to the Nylon Monofilament Market. The price of crude oil decreased by 20.54% in the year 2022, increased by 34.46% in the year 2029, decreased by 24.84% in 2020 and increased by 12.47% in the year 2026 across the world
Nylon Monofilament Market: Demand Analysis and Opportunity Outlook to 2023-2029
The Nylon Monofilament study defines the market size of various segments and countries by historical years and forecasts the value for the next 7 years. The report brings together qualitative and quantitative elements of the Nylon Monofilament industry, including: market share, market size (value and volume 2017-2021, and forecast to 2023-2029), in the highly competitive market for each country concerned Express appreciation. Furthermore, the study also caters and provides in-depth statistics on the key elements of Nylon Monofilament, which includes drivers and restraints that help in estimating the future growth prospects of the market.
The study pays attention to the loftiest revenue-generating and highest growing segments of the Nylon Monofilament market. This makes the research document accurately organized and systematic alongside encouraging a simpler understanding of each facet covered in this report. Major Key players profiled in the report include: Ashley Polymers, INC., Toray Industries, Inc., Engineered Monofilaments Corporation (EMCO), Superfil, ABC Polymer Industries, LLC, Hinafil India Ltd., Ashley Polymers Inc., Engineered Monofilaments Corporation, Toray Monofilament Co. Ltd., Superfil Produc and others.
Nylon Monofilament Market Segmentation:
Nylon Monofilament Market by Product, 2023-2029, (USD Million), (Kilotons)
- Nylon 6
- Nylon 66
- Others
Nylon Monofilament Market by Application, 2023-2029, (USD Million), (Kilotons)
- Fishing Nets
- Medical
- Automotive
- Consumer Goods
- Other
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Geographically, the following regions were investigated:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key market aspects are illuminated in the report:
Executive Summary: It covers a summary of the most vital studies, the Nylon Monofilament market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.
Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Nylon Monofilament market, the years measured, and the study points.
Company Profile: Each Firm well-defined in this segment is screened based on a product, value, SWOT analysis, their ability and other significant features.
Manufacture by region: This Nylon Monofilament report offers data on imports and exports, sales, production and key companies in all studied regional markets
What is the purpose of this report?
- A thorough review of the Nylon Monofilament market, including regional markets.
- Comprehensive coverage of all segments of the Nylon Monofilament market to assess trends, developments and market size forecasts till 2023-2029.
- A thorough examination of deals involved in the Nylon Monofilament market including product portfolio, revenue, SWOT analysis and recent company advancements are examined in the company profile.
- The growth matrix analyzes the product categories and geographic regions in which market companies should focus their efforts to invest, consolidate, expand and/or diversify.
There are 13 Sections to show the Nylon Monofilament market:
Chapter 1: Nylon Monofilament Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production by Regions
Chapter 4: Consumption by Regions
Chapter 5: Production, By Types, Revenue, and Market share by Types
Chapter 6: Consumption, By Applications, Market share (%), and Growth Rate by Applications
Chapter 7: Complete profiling and analysis of Manufacturers
Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses
Chapter 9: Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Nylon Monofilament Market Forecast
Chapter 13: Nylon Monofilament Market Research Findings and Conclusion, Appendix, methodology, and data source
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Key questions answered in the report include:
- What is the growth potential of the Nylon Monofilament market?
- Which regional markets will emerge as leaders in the next few years?
- What are the key challenges facing the Nylon Monofilament market in the future?
- Who are the most prominent players in the global Nylon Monofilament market?
- What are the key trends positively impacting market growth?
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