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    Glass Filled Nylon Market | Covid-19 Impact Analysis

    Glass Filled Nylon Market | Covid-19 Impact Analysis

    Glass Filled Nylon Market | Covid-19 Impact Analysis
    Report code - SRAM463 Delivery - 2 Weeks
    Glass Filled Nylon Market Size, Share, Trend, Forecast, & Industry Analysis – 20 See more...
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    Impact of COVID-19 on Glass Filled Nylon Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Glass Filled Nylon Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Glass Filled Nylon Market Insights

    Glass Filled Nylon Market is likely to witness a healthy CAGR of 5.8% during the forecast period. The prime factor contributing to the demand for glass filled nylon is majorly propelled by its higher acceptance among the automotive, electrical & electronics, construction, and industrial sectors.

    Glass Filled Nylon Market - Snapshot

    Growth

    5.8% for the next five years

    Major Glass Filled Nylon Type

    Polyamide 6

    Major End-Use Industry

    Automotive

    Major Manufacturing Process Type

    Injection Molding

    Major Glass Filling Type

    30% Glass filled Nylon

    Region with the highest demand

    Asia-Pacific

    Key Players

    BASF SE, Asahi Kasei Corporation, Lanxess, DowDuPont Inc, Royal

    DSM N.V., Ensinger GmbH, Arkema, SABIC, Evonik, and

    Ascend Performance Materials

     

    Market Share Analysis

    Glass-Filled-Nylon-Market-Dominant-Segments

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    Glass Filled Nylon Market Share: By Type

    Based on the type, the market is segmented as polyamide 6, polyamide 66, and others. The polyamide 6 segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period owing to its easy availability, low cost, and its exceptional properties, such as high mechanical strength, good tensile strength, and chemical resistance.

    Glass Filled Nylon Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as automotive, electrical & electronics, industrial, and others. The automotive segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Glass-filled nylon is used in the automotive industry for weight reduction measures. The weight of glass filled nylon is less in comparison to the metals hence, glass filled nylon is used in applications such as automotive engine covers, parts inside the engine compartment, and under the bonnet of cars.

    Glass Filled Nylon Market Share: By Manufacturing Process Type

    Based on the manufacturing process type, the market is segmented as injection molding and extrusion molding. The injection molding segment held the larger share of the market in 2019, and is expected to experience a faster growth during the forecast period owing to the ease of manufacturing of glass-filled nylons through injection molding process.

    Glass Filled Nylon Market Share: By Glass Filling Type

    Based on the glass filling type, the market is segmented as 10% glass filled, 20% glass filled, 30% glass filled, and >30% glass filled. The 30% glass filled segment held the largest share of the market in 2019, owing to the mixed properties of both, polyamide resin and glass fiber, which make it suitable for the automotive industry. The segment is likely to dominate the market during the forecast period as well.

    Glass Filled Nylon Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest and the fastest-growing glass filled nylon market during the forecast period owing to the accessibility of low-cost labor and raw materials. The region’s market is driven by rising spending power, which is a major driver for the regional market. China, being the single-largest consumer of glass-filled nylon in the electrical & electronics industry, is one of the leading consumers of glass-filled nylon in the entire Asia-Pacific region. The rapid growth of the automotive industry, huge unpenetrated market, and supportive government policies are boosting the growth of the region’s market.

    Glass-Filled-Nylon-Market-By-Region

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    Some of the major players in the glass filled nylon market are-

    • BASF SE
    • Asahi Kasei Corporation
    • Lanxess
    • DowDuPont Inc
    • Royal DSM N.V.
    • Ensinger GmbH
    • Arkema
    • SABIC
    • Evonik
    • Ascend Performance Materials.

     

    Market Scope & Segmentation

    Glass-filled nylon is prepared by extruding the plastic with glass fibers or by adding powdered glass to the nylon resin. Known for their mechanical properties such as high tensile strength, low shrinkage at higher temperatures, glass filled nylons provide better strength than general purpose nylons, but are highly abrasive and can abrade or gall mating surfaces.

    The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Glass Filled Nylon Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The glass filled nylon market is segmented into the following categories. 

    Glass Filled Nylon Market Size, Share, & Forecast, by Type:

    • Polyamide 6 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyamide 66 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Glass Filled Nylon Market Size, Share, & Forecast, by End-Use Industry Type:

    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Glass Filled Nylon Market Size, Share, & Forecast, by Manufacturing Process Type:

    • Injection Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Extrusion Molding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Glass Filled Nylon Market Size, Share, & Forecast, by Gas Filling Type:

    • 10% Glass Filled (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 20% Glass Filled (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 30% Glass Filled (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • > 30% Glass Filled (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Glass Filled Nylon Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Glass-Filled-Nylon-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-user industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Glass Filled Nylon Market in the foreseeable future?

    The glass filled nylon market is expected to witness an impressive growth of 5.8% CAGR in the foreseeable future.

    Who are the key players in the Glass Filled Nylon Market?

    BASF SE, Asahi Kasei Corporation, Lanxess, DowDuPont Inc, Royal DSM N.V., Ensinger GmbH, Arkema, SABIC, Evonik, and Ascend Performance Materials are among the key players in the glass filled nylon market.

    Which country/region is expected to be the largest Glass Filled Nylon Market?

    Asia-Pacific is expected to be the largest glass filled nylon market during the next five years.

    Which end-use industry type is expected to remain dominant in the Glass Filled Nylon Market?

    The automotive segment is expected to remain the dominant end-use industry type in the coming years.

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