The Nylon Drawn Textured Yarns Market is projected to grow at a rate of 4.6% in terms of value, from 2019 to reach USD 21.63 billion by 2027. Nylon belongs to the family of aliphatic or semi-aromatic based synthetic polymers, known as polyamides. Nylon is a silk-textured, synthetic thermoplastic material which can be changed into the shape of fibers and films.
Now the Nylon Draw Textured Yarns or commonly known as Nylon DTY, is an extended refined nylon yarn. It is also known as nylon low-elastic yarn. It is continuously deformed by stretching on a machine in order to feature a certain level of limited flexibility as well as contraction. DTY replaces cotton and cotton blend yarn that holds a shallow moisture content. Draw textured yarn comes with various cross-sections such as plain round, triangular, trilobal, and circular, among others.
Top Companies Operating in the Global Nylon Drawn Textured Yarns Market:
DuPont de Nemours, Inc., BASF SE, Li Peng Enterprise Co. Ltd., Koninklijke DSM N.V., Nylstar SA, Evonik Industries AG, Ascend Performance Materials, Reliance Industries Limited, Zig Sheng Industrial Co., Ltd., and Universal Fibers
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Global Nylon Drawn Textured Yarns Market is projected to drive significantly as the demand for nylon fibers in the manufacture of various industrial commercial applications is being propelled substantially. The continuous growth of the apparel industry, lingerie, home textile materials, narrow woven materials, backpacks, swimwear, and trekking wear, to name a few, are expected to drive the demand throughout the forecast period primarily. Its more durable, strong, resilient, and lightweight properties make it highly suitable for many textile applications. Offline retailing is dominating the market, but the higher growth rate has been forecasted for the online retailing sub-segment. Growing usage of polyester materials are restraining the market with its comparatively lower price margin.
The Asia Pacific region is projected to retain its highest market share by 2027. APAC is also forecasted to achieve the fastest growth of 5.4% throughout the forecast period, owing to its extensive growth in the nylon fiber-based apparel and consumer products coupled with the massive demand for nylon fibers in military and sports usages, especially in China, Japan, and Indian sub-continental countries.
Market Overview:
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
The adoption of digital technologies by oil, gas, and chemical firms has been fueled primarily by cost savings and greater reliability. Many organizations in these areas saw excellent benefits from advanced market sensing, improved operational optimization, and expanded usage of "in silico" simulations. Companies' existing digital technologies provided an advantage with the abrupt entrance of COVID-19 and the accompanying shutdown of facilities and work sites, but they were often insufficient for the level of remote working and cybersecurity that was suddenly required.
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The Nylon Drawn Textured Yarns market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Nylon Drawn Textured Yarns market.
The global Nylon Drawn Textured Yarns market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Nylon Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Nylon 6
- Nylon 6,6
- Others
Denier Rating Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- High
- Medium
- Low
Luster Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Semi Dull
- Bright Trilobal
- Bright Round
- Dope Dyed Black
- Set Yarn
- Slightly Intermingle
- Heavy Intermingle
End-Use Verticals Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Textile Fabric Industries
- Industrial Fibers
- Consumer Products
- Thermoplastic Products
- Others
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