Nylon Market to Witness Mounting Growth in Approaching Time

Reportsbyjames15 Mar, 2023Business

The nylon market was estimated to grow from USD 29.4 billion in 2020 to USD 41.8 billion by 2026 at a healthy CAGR of 6.1% during the forecast period. The market is driven by a host of factors, some of which are noted below: Demand for nylon from automobile applications, coupled with booming automobile industry. Significant infrastructure development and improving socio-economic trends bolster the product demand.