The Europe Nylon Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,127.1 Kilo Tonnes, showcasing a growth of 5.1% (2019-2022).
It exhibits excellent moisture resistance, making it suitable for applications where exposure to water or humidity is a concern. These fibres and materials retain their mechanical properties even when exposed to moisture, making them ideal for outdoor and marine applications. It’s resistance to various chemicals, solvents, and lubricants increases its applicability in chemical and industrial environments. This property makes it a preferred choice for components exposed to corrosive substances or harsh chemicals.
Nylon maintains its mechanical properties over a wide temperature range, exhibiting excellent thermal stability and resistance to heat deformation. This characteristic allows it to withstand high temperatures during processing and in-service conditions, making it suitable for automotive engines, electrical components, and industrial machinery applications. Additionally, advances in polymer science have led to the development of functionalized materials with enhanced properties, such as flame retardancy, UV resistance, antimicrobial properties, and conductive properties.
The rising adoption of additive manufacturing in France is expected to positively impact the market by driving demand for filaments, expanding industrial applications, fostering material innovation, and strengthening supply chain networks. According to the International Trade Administration (ITA), France is one of the largest additives manufacturers in Europe. In 2021, the additive manufacturing industry in France generated an estimated $580 million in profit. Forecasts indicate that France’s average annual market development rate will be 7% over the next few years. As per the (ITA), in 2020, Italy ranked 11th in the world for using 3D printing technology in manufacturing and 4th in the world for usage growth rate. Therefore, the rising additive manufacturing in the region is propelling the market’s growth.
The Germany market dominated the Europe Nylon Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,189.4 million by 2030. The UK market is exhibiting a CAGR of 4.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.3% during (2023 - 2030).
Free Valuable Insights: The Global Nylon Market will Hit USD 50.2 Billion by 2030, at a CAGR of 6.1%
Based on Material, the market is segmented into Nylon 6, and Nylon 66. Based on Application, the market is segmented into Automobile, Electrical & Electronics, Engineering Plastics, Textile, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Material (Volume, kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)
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