Global Glass Filled Nylon Market size was valued US$ xx Mn. in 2019 and the total revenue is expected to grow about CAGR xx% from 2020 to 2027, reaching nearly US$ xx Mn.
Global Glass Filled Nylon Market
This is a comprehensive global report targeted at the present and prospects of the Global Glass Filled Nylon Market. The report presents a consolidation of primary and secondary analysis that provides market size, share, dynamics, and forecast for numerous segments and sub-segments are considering the macro and environmental factors. The report also covers an in-depth analysis of COVID 19 pandemic impact on the sales revenue of global glass-filled nylon market by year-wise and region and on the key player's revenue affected and expected short term and long-term impact on the market.
Nylon is a synthetic material, which is mixed with powdered glass to produce glass-filled nylon. The glass-filled nylon has various mechanical properties like design flexibility, durability, chemical & shatter resistance, low shrinkage. The properties make it ideal to use for the manufacturing of automotive and aerospace parts, which require low abrasive wear and high hardness. The glass-filled nylon provides excellent mold fill capability and flow rates. The part is produced using a variety of methods like blow molding, injection molding, extrusion blow molding, and injection stretch. The glass-filled nylon has 80% greater stiffness and 70% greater tensile strength than normal nylon.
By end-use industry, the global glass-filled nylon market is segmented into automotive, electrical & electronics, industrial, and other. The automotive segment held the dominant market share of about xx% in 2019. The demand for lightweight vehicles and increasing regulations for better fuel economy are driving the market growth. The glass-filled nylon is used for the manufacturing of parts inside the engine compartment, engine covers, and parts under the bonnet of the vehicle. The aerospace segment is the most profitable in the global glass-filled nylon market.
By glass filling, the global glass filled market is segmented into 10% glass filled, 20% glass filled, 30% glass filled, and >30% glass filled. The 30% glass filled segment held a prominent market share of xx% in 2019. The 30% glass-filled nylon is more preferred to use in the automotive industry for the manufacturing of components.
By type, the global glass filled market is segmented into Polyamide 6, Polyamide 66, Polyamide 11, Polyamide 12, and other specialty polyamides. Polyamide 6 segment accounted for a significant market share of xx% in 2019 and is expected to grow at a CAGR of xx% in the forecasted period. It offers high design flexibility, good tensile strength, and chemical resistance to the manufactured components. Polyamide 6 is widely used in the electrical & electronics, and automotive industries.
Global Glass Filled Nylon Market: Regional Overview
Geographically, the glass-filled nylon market is segmented into North America, South America, Europe, Asia Pacific, and the Middle East & Africa. In terms of revenue, the Asia Pacific is expected to grow at a CAGR of xx% during the forecast period. Developing countries like China, India, South Korea, and Japan are creating beneficial growth opportunities for the market players in the region. Availability of raw material, government initiative, and favorable manufacturing regulations are driving the market growth.
North America accounted for the dominant market share of xx% in 2019, thanks to the majority of key players based in the region. Developed countries such as the Canada and US are the leading contributors to the regional market growth. Europe held the second largest market share of xx% in 2019 because of the high acceptance and awareness of Glass Filled Nylon in the regions.
The objective of the report is to present a comprehensive analysis of the Global Glass Filled Nylon Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Glass Filled Nylon Market dynamics, structure by analyzing the market segments and project of the Global Glass Filled Nylon Market size. Clear representation of competitive analysis of key players By Application, Price, Financial position, Product portfolio, Growth strategies, and Regional Presence in the Global Glass Filled Nylon Market make the report investor’s guide.
Scope of the Global Glass Filled Nylon Market
Global Glass Filled Nylon Market, By Type
• Polyamide 6
• Polyamide 66
• Polyamide 11
• Polyamide 12
• Other specialty polyamides
Global Glass Filled Nylon Market, By End Use Industry
• Automotive
• Electrical & Electronics
• Industrial
• Other End Use Industry
Global Glass Filled Nylon Market, By Manufacturing Process
• Injection Molding
• Extrusion Molding
Global Glass Filled Nylon Market, By Glass Filling
• 10% Glass Filled
• 20% Glass Filled
• 30% Glass Filled
• >30% Glass Filled
Global Glass Filled Nylon Market, by Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Global Glass Filled Nylon Market
• BASF SE
• ASAHI KASEI CORPORATION
• DOWDUPONT, INC
• LANXESS
• CELANESE CORPORATION
• Ensinger
• Arkema Group
• E. I. du Pont de Nemours and Company
• EMS-CHEMIE HOLDING AG
• Evonik Industries
• Royal DSM N.V.
• RTP Company
• SABIC
For More Information Visit @: Global Glass Filled Nylon Market: Industry Analysis and forecast - 2027
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