60 likes | 61 Views
The global glass filled nylon market is forecast to reach USD 11.72 Billion by 2026, according to a new report by Reports and Data. Glass filled nylon is made by adding powdered glass to the nylon resin or by extruding the plastic with glass fibers.
E N D
Glass Filled Nylon Market To Reach USD 11.72 Billion By 2027 www.reportsanddata.com
Market Summary Glass Filled Nylon Market Size – USD 7.05 Billion in 2018, Market Growth - CAGR of 6.6%, Market Trends – Usage in Electric Vehicles to reduce curb weight. The global Glass Filled Nylon Market is forecast to reach USD 11.72 Billion by 2026, according to a new report by Reports and Data. Glass filled nylon is made by adding powdered glass to the nylon resin or by extruding the plastic with glass fibers. • Further key findings from the report suggest • Polyamide 6 held a market share of 62.1% in the year 2018. The high demand is due to its easy availability and low cost, and it possesses properties such as high mechanical strength, good tensile strength, and chemical resistance. • The injection molding process for glass filled nylon market accounted for a higher share as well as a higher CAGR of 7.0% during the forecast period. This process is highly used in the manufacturing of technical components in the automotive industry. • The market for “30% glass filled nylon” is estimated to register the highest CAGR of 7.8% during the forecast period. This type of glass filling is made by adding polyamide resin and glass fiber. It provides high rigidity and strength. • The Asia Pacific region held the largest market share of 49.5% in the year 2018. The booming industrialization and promotion of electric vehicles, especially in China and India, are propelling the market growth in the region. • The automotive industry is expected to be the largest end-use industry of glass nylon with a market share of 61.1% in the year 2018. These are a cheaper solution in comparison to metals. www.reportsanddata.com
MarketSummary Key Players: BASF SE, Royal DSM N.V., Evonik Industries, Fukuang Plastic, Nylatech, Akro-Plastic GmbH, Arkema, Ascend, Asahi Kasei Corporation, and Radici Group, among others. Segmentation: • Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) • Polyamide 6 • Polyamide 12 • Polyamide 66 • Manufacturing Process Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) • Injection Molding • Extrusion Molding • Glass Filling Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) • >30% glass filled • 30% glass filled • 20% glass filled • 10% glass filled www.reportsanddata.com Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/1859
MarketSummary • Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) • Automotive • Electrical & Electronics • Industrial • Regional Outlook (Revenue, USD Billion; 2017-2027) • North America • U.S • Europe • U.K • France • Asia Pacific • China • Japan • South Korea • MEA • Latin America • Brazil www.reportsanddata.com Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1859
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com