What is Nylon Tube Market?
Nylon tube are those tube which is mainly made from polyamide resin. There are various characteristics of nylon tube such as high self-lubrication, good corrosion-resistance, good wear-resistance, shock absorption, high noise-absorption, high vibration-absorption, good electrical properties, among others. It is used in various application such as chemical engineering, electronic industry, auto industry, packing machine, engineering machine, pharmaceutical industry, among others.
The market study is being classified by Type (Flexible Standard Nylon Tubing, Nylon Mini Coils, Super Soft Nylon Tubing, Nylon High-Pressure Tubing and Others), by Application (Chemical Engineering, Auto industry, Electric/Electronic industry, Packing machine, Engineering machine, Pharmaceutical Industry and Others) and major geographies with country level break-up.
BASF SE (Germany), Thermoplastic Processes (United States), Akron Polymer Products (United States), NewAge Industries, Inc. (United States), Hasolon Nylon Products Pvt. Ltd. (India), ACME Plastics (India), Manlon Polymers (India), Hongda Rope & Twine Co, Ltd. (China) and Guangzhou Engineering Plastics Industries Co., LTD (China) are some of the key players profiled in the study.
The market is fragmented with the presence of larger players and local players in the market. Some of the major players are BASF SE (Germany), Thermoplastic Processes (United States), Akron Polymer Products (United States), among others Research Analyst at AMA predicts that China and United States Vendors will contribute to the maximum growth of Global Nylon Tube market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Nylon Tube market by Type, Application and Region.
On the basis of geography, the market of Nylon Tube has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Nylon Tube in Various Application such as Chemical Engineering
- Rising Awareness among Consumer Regarding the Benefit of Nylon Tube
- Growing Electrical & Electronics Industry and Automotive Industry
Market Trend
- Rising Number of Customers from Online Channel
Restraints
- Availability of substitute in the market
- High prices of raw material for manufacturing products
Opportunities
- Growing Demand from Emerging Market such as China, India, Brazil, among others
- Increasing Disposal Income in Developing Countries
Challenges
- Lack of Awareness of Nylon Tube in Some Region
Key Target Audience
Manufacturers of Nylon Tube, Suppliers of Nylon Tube, Wholesalers, Distributors and Retailers of Nylon Tube, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others