Industry Background:
Nylon Yarn is also known as polyamide yarn. Nylon Yarn is suitable for hosiery and knitted fabrics because of its smoothness, lightweight and high strength. It is a lustrous fiber. This has good tenacity and strength which does not lose with age.This growth is primarily driven by Growing Adoption from Textiles Industry, Increase Demand from Industrial Brushes to Provide Good Fatigue and Abrasion Resistance, Growing Demand from the Medical Industry and The rise in Income Level.
Globally, a noticeable market trend is evident Technology Upgradation Fund Scheme to Encourage More Private Equity and To Train Workforce
. Major Vendors, such as Kolon Industries, Inc. (South Korea), JCT Limited (India), Zimmer AG (United States), SRF (India), Suntex Fiber Co. (Taiwan), Acelon Chemicals & Fiber Corp (Taiwan), Century Enka (India), Toray Industries (Japan), W. Barnet GmbH & Co. (Germany) and SHM Trader (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Jan 2019, the government of Turkey announced the launch of safeguard investigation on yarn of nylon or other polyamides. This is to determine whether increased imports of product for causing, serious injury to domestic injury.
Market Drivers
- Growing Adoption from Textiles Industry
- Increase Demand from Industrial Brushes to Provide Good Fatigue and Abrasion Resistance
- Growing Demand from the Medical Industry
- The rise in Income Level
Market Trend
- Technology Upgradation Fund Scheme to Encourage More Private Equity and To Train Workforce
- Development in Material and Chemical Properties of Nylon Yarn In Order To Make It Multifunctional
Opportunities
Strong Opportunity in Emerging Countries Especially In India, Due To Indian Textile Industry Seeing Major Change after Multi-Fiber Agreement
Challenges
High Cost of Production
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Nylon Yarn Study Sheds Light on
The Nylon Yarn Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Nylon Yarn industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Nylon Yarn industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.