Global Nylon 6 Filament Yarn Market Overview
The Nylon 6 Filament Yarn Market Size was estimated at 17.01 (USD Billion) in 2022. The Nylon 6 Filament Yarn Industry is expected to grow from 17.62(USD Billion) in 2023 to 24.19 (USD Billion) by 2032. The Nylon 6 Filament Yarn Market CAGR (growth rate) is expected to be around 3.59% during the forecast period (2024 - 2032).
Key Nylon 6 Filament Yarn Market Trends Highlighted
The market for nylon 6 filament yarn is characterized by strong growth rates that are supported by surging demand from various end-use industries. Specifically, the automotive industry is an integral part of the market’s expansion through its utilization of nylon 6 filament yarn in manufacturing airbags, seat belts, and interior parts as a result of their outstanding strength and resistance to wear. Additionally, the rising popularity of medical use of nylon 6 filament yarn in surgical sutures, wound dressings, and implantable devices drives this market further.
Among emerging trends associated with the market for Nylon 6 filament yarn include sustainable or eco-friendly production methods. Players in this sector aim to reduce their carbon footprint as well as waste through the adoption of recycled materials in conjunction with energy-efficient manufacturing processes. The incorporation of advanced technologies such as automation and data analytics enables optimal operational processes, leading to higher-quality products.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Nylon 6 Filament Yarn Market Drivers
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Rising Demand for Nylon 6 Filament Yarn in Automotive Industry
The automobile industry is among the major users of nylon 6 filament yarn, which is mainly employed in manufacturing tires, airbags, seat belts, and interior components. The demand for nylon 6 filament yarn in the automotive sector can be attributed to the increase in production and sales of cars ly, especially in emerging markets. The rising demand for high-performance materials like nylon 6 due to their ability to provide exceptional strength, durability, resistance to wear and tear, etc., is also being driven by an increasing focus on safety as well as fuel efficiency.
Additionally, it is expected that the adoption of electric vehicles will further drive up demand for lightweight and energy-saving properties of nylon 6 filament yarn. Increasing demands from the automotive sector are anticipated to bolster this growth trajectory of The Nylon 6 Filament Yarn Market Industry over the coming years.
Growing Adoption of Nylon 6 Filament Yarn in Sports and Leisure Activities
The sports and leisure industry is one of the major beneficiaries of nylon 6 filament yarn, which has a very high application in making sportswear, athletic gear, and outdoor equipment. The exceptional elasticity, strength, and moisture-wicking properties of nylon 6 make it an ideal material for sportswear and gear used in outdoor sports. For that reason, there is an increasing demand for nylon 6 filament yarns due to heightened interest in fitness and an increase in disposable income among emerging economies.
The adoption of nylon 6 by the sports and leisure industry will be beneficial to the Nylon 6 Filament Yarn Market Industry.
Technological Advancements and Innovations in Nylon 6 Filament Yarn Production
The production and processing of nylon 6 filament yarn have undergone technological advancements. Thus, the Nylon 6 Filament Yarn Market Industry is marked by continuous technological developments as well as innovations in handling and making it. Efforts to research and develop this industry are aimed at making nylon 6 a more effective resource in terms of performance, efficiency, and sustainability.
Moreover, advanced spinning techniques like melt spinning or solution spinning have enabled the manufacture of high-quality nylon 6-filament yarn that has improved properties such as strength.
In addition, various innovations in fiber modification and treatment technologies have led to the creation of specialized functionalities for nylon 6 filament yarns, such as flame retardancy, antimicrobial properties, and UV resistance. The nylon six filament yarn market industry is therefore primed for growth driven by these technological enhancements.
Nylon 6 Filament Yarn Market Segment Insights
Nylon 6 Filament Yarn Market Application Insights
Application segments for the nylon 6 filament yarn market are divided into Apparel, Home Furnishings, Automotive, Industrial, and Other. The largest application segment is Apparel, which took the largest share in terms of revenue of over 50% in 2023 in the Nylon 6 Filament Yarn Market. The reason why the apparel section expands in this case is because there is an increasing demand for Nylon 6 Filament Yarn used to manufacture sportswear, activewear, and athleisure wear. The second-largest application segment is Home Furnishings, which will contribute over 25% to Nylon 6 Filament Yarn Market revenues by 2023.
This expansion results from increased demand for Nylon 6 Filament Yarn in manufacturing carpets, curtains, and upholsteries. Automotives ranked third among the applications categories, accounting for about 10 percent of revenues estimated at $10 billion by the end of the forecast period in the nylon-6 filament yarn market. This growth was primarily driven by the growing usage of nylon-66 filament yarns in making airbags, seat belts, and tires. In the year ending December’2023, industrial stood as the fourth largest segment, capturing approximately about $5 bn or more than a five percent share of the market.
Growth here arises due to higher demand for Nylon 6 Filament Yarn used to produce fishing nets; ropes and conveyor belts also fall under it, while Others include medical applications, packaging, and electricals, just to mention but a few within that list. The above-mentioned factors will steer this industry since various uses such as Apparel, home furnishings, automotive, industrial, and others have been driving the increase in its market size along with similar increases seen during the past decade.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Nylon 6 Filament Yarn Market Denier Range Insights
The Denier Range component of the Nylon 6 Filament Yarn Market is anticipated to experience considerable progress in the near future. The Below 10 Denier sub-segment held the largest market share in 2023, capturing approximately 38.5% of the revenue generated in the Nylon 6 Filament Yarn Market. The growth of the 10-20 Denier sub-segment is anticipated to be driven by demand from the automotive and textile sectors during the forecast period at a CAGR higher than others. The reason behind this is that it has diverse applications, such as airbags, parachutes, and conveyor belts, which are used worldwide.
On the other side, there will be continuous development on 51-100 denier’s part attributable to its use in industrial fabrics and ropes. For instance, the Above 100 Denier sub-segment may gain popularity due to its high strength and durability, which makes it appropriate for specialized aerospace and defense industry applications. This indicates that there are many opportunities available for companies operating within these markets because they have been able to maintain steady growth rates over time, resulting in increased demands across all sectors.
Overall, therefore, it can be posited that an increase in demand from emerging end-use industries would result in a significant contribution made by the denier range segment toward nylon filament yarn market growth.
Nylon 6 Filament Yarn Market End-Use Insights
The Nylon 6 Filament Yarn Market is segmented into various end-use industries, including textile manufacturing, non-textile manufacturing, automotive manufacturing, and others. In 2023, the textile manufacturing segment topped other segments in terms of market share with an expectation that it would continue to dominate during the forecast period. This is mainly due to the many applications of Nylon 6 Filament Yarn in making textiles such as clothes, home, and industrial fabrics.
Over the next few years, the non-textile manufacturing sector will also grow significantly as demand for Nylon 6 Filament Yarn in the automotive and construction sectors rises.
Additionally, the automobile manufacturing division is expected to drive Nylon 6 Filament Yarn Market growth through increased usage of lightweight and strong automotive parts made from Nylon 6 Filament Yarn.
Nylon 6 Filament Yarn Market Additives Insights
Different applications of nylon 6 filament yarn can be modified by additives. In the electrical and automotive sectors, flame retardants are important, thus contributing significantly to the additives domain. Particularly, electronic applications require anti-static agents to reduce static build-up. For outdoor applications, demand for UV stabilizers is driven by increasing usage of nylon 6 filament yarns that have been exposed to sunlight as it prolongs their lifespan. These include healthcare products that protect against microbial growth.
Other types of additives for nylon 6 filament yarn are dyes and pigments responsible for its aesthetic features and uses. Steady growth in revenue from additives in the market is expected to reach USD 1.2 billion by 2024 due to rising demand from different end-use industries.
Nylon 6 Filament Yarn Market Yarn Type Insights
The Nylon 6 Filament Yarn Market is segmented by yarn type into mono-filament, multi-filament, textured yarn, air-jet textured yarn, and draw textured yarn. According to market research, the multi-filament segment took up over 50% of the market, making it the largest market in 2023. The textured yarn segment is expected to grow at a CAGR of 4.5% in the forecast period, which will be reported in terms of volume and revenue. Mono-filament yarns are used for many purposes, such as fishing lines, sutures, and racket strings. Multi-filament yarns have a wide range of applications, including textiles, carpets, and ropes.
Textured yarns can be used suitably in clothes, upholstery, and blankets. Air-jet textured yarns are suitable for sportswear, swimwear, and lingerie, among other uses. Draw textured yarns are ideal for making tights, socks, hosiery, etc. The growth of the Nylon-6 Filament Yarn Market is driven by demand for nylon-6 filament yarn across various end-use industries such as automotive, textile, and construction, among others. Nylon 6 filament yarn is increasingly being adopted by the automotive industry due to its high strength, durability, chemical resistance, and abrasion resistance properties.
The increasing use of nylon 6 filament yarns in soft-textured textiles has also increased their demand in recent years, mainly because they drape well and have good wrinkle-resistance properties. The growing need for nylon 6 filament in the construction sector has been attributed to its high strength capability as well as durability. The reasons behind this trend include factors like resilience against wear, tear, or fatigue over time in these two related business sectors.
Nylon 6 Filament Yarn Market Regional Insights
The Nylon 6 Filament Yarn Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC is expected to hold the largest market share in the coming years, owing to the increasing demand from the automotive and textile industries in the region. The North American and European markets are also expected to witness significant growth, driven by the growing demand for high-performance materials in various end-use industries. The South American and MEA markets are expected to grow at a moderate pace due to the increasing adoption of nylon 6 filament yarn in various applications.The Nylon 6 Filament Yarn Market is expected to reach a valuation of USD 18.42 billion by 2024, exhibiting a CAGR of 4.2% during the forecast period 2024-2032.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Nylon 6 Filament Yarn Market Key Players And Competitive Insights
Major players in the Nylon 6 Filament Yarn Market industry are constantly striving for innovation and development to maintain their competitive edge. Leading Nylon 6 Filament Yarn Market players are investing in research and development to introduce new products with improved properties and applications. Strategic partnerships and collaborations are also prevalent in the Nylon 6 Filament Yarn Market as companies seek to expand their reach and gain access to new markets. Mergers and acquisitions are another key strategy employed by players to strengthen their position in the Nylon 6 Filament Yarn Market Competitive Landscape.One of the notable competitors in the Nylon 6 Filament Yarn Market is Invista, a leading chemical company. Invista produces a wide range of nylon products, including nylon 6 filament yarn, for various applications such as textiles, carpets, and automotive components. The company has a strong presence in North America, Europe, and Asia, and it continues to invest in capacity expansion and product development to meet the growing demand for nylon 6 filament yarn.Another key competitor in the Nylon 6 Filament Yarn Market is Toray Industries, a Japanese multinational conglomerate. Toray Industries offers a diversified range of products, including nylon 6 filament yarn, for use in automotive, electronics, and medical applications. The company has a strong focus on sustainability and environmental responsibility, and it actively promotes the use of eco-friendly materials in its products. Toray Industries has a presence with manufacturing facilities in Asia, Europe, and North America, allowing it to cater to the diverse needs of customers worldwide.
Key Companies in the Nylon 6 Filament Yarn Market Include
- Asahi Kasei
- SK Chemicals
- Kolon Industries
- Lanxess
- Hyosung
- Toyobo
- BASF
- Formosa Plastics
- Sumitomo Chemical
- LG Chem
- Rhodia
- Mitsubishi Chemical Holdings
- Invista
- DuPont
- Toray Industries
Nylon 6 Filament Yarn Market Industry Developments
The Nylon 6 Filament Yarn Market is projected to reach a valuation of USD 24.19 billion by 2032, expanding at a CAGR of 3.59% from 2024 to 2032. Increasing demand for nylon 6 filament yarn in the automotive, electrical electronics, and construction industries is driving market growth. Nylon 6 filament yarn offers properties such as high strength, durability, and resistance to chemicals and abrasion, making it suitable for various applications.Recent developments in the market include the launch of bio-based nylon 6 filament yarn by leading manufacturers, addressing the growing demand for sustainable materials. Additionally, advancements in production technologies are enhancing the efficiency and cost-effectiveness of nylon 6 filament yarn production, further driving market growth.
Nylon 6 Filament Yarn Market Segmentation Insights
Nylon 6 Filament Yarn Market Application Outlook
- Apparel
- Home Furnishings
- Automotive
- Industrial
- Others
Nylon 6 Filament Yarn Market Denier Range Outlook
- Below 10 Denier
- 10-20 Denier
- 21-50 Denier
- 51-100 Denier
- Above 100 Denier
Nylon 6 Filament Yarn Market End-Use Outlook
- Textile Manufacturing
- Non-Textile Manufacturing
- Automotive Manufacturing
- Others
Nylon 6 Filament Yarn Market Additives Outlook
- Flame Retardants
- Antistatic Agents
- UV Stabilizers
- Antimicrobial Agents
- Others
Nylon 6 Filament Yarn Market Yarn Type Outlook
- Mono-Filament
- Multi-Filament
- Textured Yarn
- Air-Jet Textured Yarn
- Draw Textured Yarn
Nylon 6 Filament Yarn Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
17.01(USD Billion) |
| Market Size 2023 |
17.62(USD Billion) |
| Market Size 2032 |
24.19(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
3.59% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Asahi Kasei, SK Chemicals, Kolon Industries, Lanxess, Hyosung, Toyobo, BASF, Formosa Plastics, Sumitomo Chemical, LG Chem, Rhodia, Mitsubishi Chemical Holdings, Invista, DuPont, Toray Industries |
| Segments Covered |
Application, Denier Range, End-Use, Additives, Yarn Type, Regional |
| Key Market Opportunities |
1 Growing demand in the automotive industry2 Increasing use in textiles and Apparel3 Rising demand for lightweight materials4 Expanding applications in electronics and healthcare5 Favorable government regulations |
| Key Market Dynamics |
Increasing demand from the automotive and industrial sectors Growing preference for sustainable and eco-friendly materials Technological advancements in yarn production Expansion of Nylon 6 Filament Yarn production capacity Fluctuating raw material prices |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Nylon 6 Filament Yarn Market is expected to reach USD 24.19 billion by 2032, growing at a CAGR of 3.59% from 2024 to 2032.
Asia-Pacific is the largest consumer of Nylon 6 Filament Yarn, accounting for over 55% of the market in 2023.
Key applications of Nylon 6 Filament Yarn include airbags, seat belts, tire cords, and fishing nets.
Key competitors in the Nylon 6 Filament Yarn Market include INVISTA, Ascend Performance Materials, and Hyosung.
The Nylon 6 Filament Yarn Market is expected to grow at a CAGR of 3.59% from 2024 to 2032.
Factors driving the growth of the Nylon 6 Filament Yarn Market include increasing demand from the automotive and transportation industries, as well as growing demand for lightweight and durable materials.
Challenges facing the Nylon 6 Filament Yarn Market include rising raw material costs and competition from alternative materials.
Opportunities for the Nylon 6 Filament Yarn Market include expanding applications in the automotive and transportation industries, as well as growing demand for lightweight and durable materials.
Key trends in the Nylon 6 Filament Yarn Market include increasing demand for sustainable materials and growing adoption of advanced technologies.
The future outlook for the Nylon 6 Filament Yarn Market is positive, with continued growth expected in the coming years.
