Global “Glass Filled Nylon Market” report provide a unique business idea that helps to prioritize regional sales activities, define realistic sales targets, keep track of competitor’s activities by understanding market shares, identify potential to partner or merge with and compare customer segment performance.
Experts forecast Global Glass Filled Nylon Market is expected to grow at of almost 7% CAGR during the period 2019-2023.
Our glass filled nylon market analysis considers sales from automotive, industrial, electrical and electronics, and others. Our analysis also considers the sales of glass filled nylon in APAC, Europe, North America, South America, and MEA. In 2018, the automotive segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as superior properties of glass filled nylon such as high creep resistance and high tensile strength will play a significant role in the automotive segment to maintain its market position. Also, our global glass filled nylon market report looks at factors such as increasing demand for glass-filled nylon from automotive manufacturers, superior properties of glass -filled nylon over ordinary nylon, and growing demand for polyamide 6. However, volatility in global crude oil prices, drawbacks of using glass-filled nylon, and availability of substitutes may hamper the growth of the glass filled nylon industry over the forecast period.
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Glass Filled Nylon Market covers definition, applications, product types, manufacturers, regions, consumption, production, suppliers, sales channel, distributors, traders, and dealers.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies. Factors such as the increasing availability of multifunctional Glass Filled Nylon with rising and increased demand
Market Trend: Growing demand for polyamide 6 Polyamide 6 or glass-filled nylon 6 is known for its superior properties, such as improved surface appearance, reduced tensile strength and stiffness, low moisture absorption, and high resistance to oils, bases, fungi, and several solvents. It is a major type of glass filled nylon used in automotive applications, due to properties such as high rigidity, high mechanical strength, a high degree of hardness and toughness, and high creep strength. The demand for this type of glass-filled nylon will lead to the expansion of the global glass filled nylon market at a CAGR of almost 7% during the forecast period.Market Driver: Growing demand for glass filled nylon in electrical and electronics applications Glass-filled nylon is used to manufacture electrical and electronic components. Owing to its electrical properties such as di-electric strength and insulation resistance along with its mechanical properties such as toughness, low emission, fatigue resistance, flame-retardant characteristics, glass-filled nylon is preferred in large quantities. This type of nylon is also used in the form of specialty plastics in consumer electronic goods like DVD systems, mobile phone, personal computers, and TV sets. This development is expected to have a positive impact on the overall market growth.Market Challenge: Volatility in Global Crude Oil Prices. For detailed information on market dynamics, view our report.
Regions of Glass Filled Nylon market
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Detailed TOC of Global Glass Filled Nylon Market 2019-2023
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE
No. of Pages: – 129
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