Nylon Market Growth and Trends 2024 - 2030: Industry Insights and Forecast
Nylon Industry Overview The global nylon market size is anticipated to reach USD 53.04 billion by 2030 and is anticipated to expand at a CAGR of 6.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing production and sale of automobiles is driving the market. Nylon exhibit good temperature chemical and temperature resistance, toughness, provide strength & stiffness, and resistance to abrasion. This makes them suitable to be used as films and coatings to prevent the raw materials from undergoing corrosion. Apart from being lightweight and versatile, the materials also facilitate higher design flexibility that facilitates the production of advanced shapes without compromising safety and stability of the vehicle. Gather more insights about the market drivers, restrains and growth of the Nylon Market Nylon is anticipated to play a key role in the development of automobile industry over the forecast p...