Market Size of Nylon Resins Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.45 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Nylon Resins Market Analysis
The Nylon Resins Market size is expected to grow from 5.82 million tons in 2023 to 7.23 million tons by 2028, at a CAGR of 4.45% during the forecast period (2023-2028).
- One of the major factors driving the market is the growing demand from the packaging industry and increasing usage in the automotive industry.
- However, strict environmental regulations regarding the plastics usage is hindering the growth of the market studied.
- The usage of Nylon 6 anf Nylon 66 is expected to provide opportunities in the market during the forceast period.
- Among the product types, Nylon 6 is expected to dominate the market studied during the market studied.
