The future of the global high-performance nylon for the tribology market looks promising with opportunities in applications like bearings, gears, seals, cams, and brakes. The global high-performance nylon for the tribology market is expected to reach an estimated $446.2 million by 2024 with a CAGR of 4.2% from 2019 to 2024. The major drivers for this market are increasing demand from the automotive industry, replacement of metal in various industries, and the growing demand for nylon for tribology application.
An emerging trend, which has a direct impact on the dynamics of the industry, includes increasing penetration of MC nylon for tribology application.
A total of 135 figures/charts and 96 tables are provided in this 210-page report to help in your business decisions.
The study includes a trend and forecast for the global high-performance nylon for tribology market by application type, product type, and the region as follows:
By Service Type [$M and kilotons shipment analysis for 2013 - 2024]:
- Bearings
- Gears
- Seals
- Cams
- Brakes
By Product Type [$M and kilotons shipment analysis for 2013 - 2024]:
- Reinforced Nylon
- Glass Reinforced
- Carbon Reinforced
- PTFE Reinforced
- Others
- Non-reinforced Nylon
- PA 66
- PA 12
- PA 11
- PA 46
- PEEK
- Others
By Region [$M and kilotons shipment analysis for 2013 - 2024]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
Some of the high-performance nylon companies profiled in this report include BASF SE, DSM, DuPont, Mitsubishi Chemical Advance Materials, and Ascend Performance Materials.
The analyst forecasts that bearing will remain the largest application type over the forecast period and is expected to witness the highest growth during the forecast period due to the increasing demand for self-lubricating and lightweight bearings. Nylon bearings are self-lubricating and hence no additional lubrication is required. They have good resistance to corrosion, lightweight, and offer design flexibility.
Within this market, reinforced nylons will remain the largest product type for high-performance nylon for tribology market and are expected to witness the highest growth over the forecast period as reinforced nylon provides excellent chemical resistance and high-temperature resistance while enhancing stiffness, strength, and warp resistance. The reinforced nylon segment is expected to witness the highest growth during the forecast period because it exhibits better dimensional stability and creeps resistance than non-reinforced nylon.
The Asia Pacific will remain the largest region over the forecast period and it is also expected to witness the highest growth over the forecast period due to a growing demand of lightweight vehicles, focus on reducing vehicle weight for better fuel efficiency and lower emission is driving the high-performance nylon for tribology market. Expansion of machinery and motor vehicle production and strong aftermarket for industrial equipment and automotive spare parts is also driving the market in the APAC region.
Features of High-Performance Nylon for Tribology Market:
Market Size Estimates: High-performance nylon for tribology market size estimation in terms of value ($M) and volume (kilotons) shipment.
Trend and Forecast Analysis: Market trend (2013-2018) and forecast (2019-2024) by application type, and product type.
Segmentation Analysis: High-performance nylon for tribology market size by various segments, such as application type, and product type in terms of value and volume shipment.
Regional Analysis: High-performance nylon for tribology market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications and regions for high-performance nylon for the tribology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape for high-performance nylon for the tribology market.
Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global high-performance nylon for tribology market by application type (bearings, gears, seals, cams, and brakes), product type (reinforced nylons, and non-reinforced nylons), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the high-performance nylon for the tribology market?
Q.5 What are the business risks and threats to the high-performance nylon for the tribology market?
Q.6 What are emerging trends in this high-performance nylon for the tribology market and the reasons behind them?
Q.7 What are some changing demands of customers in the high-performance nylon for the tribology market?
Q.8 What are the new developments in the high-performance nylon for the tribology market? Which companies are leading these developments?
Q.9 Who are the major players in the high-performance nylon for the tribology market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the high-performance nylon for the tribology market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the high-performance nylon for the tribology market?
Table of Contents
1. Executive Summary
Companies Mentioned
- Ascend Performance Materials
- BASF SE
- DSM
- DuPont
- EMS Chemie Holding AG
- Evonik Industries AG
- Kuraray Co. Ltd.
- Mitsubishi Chemical Advance Materials
- Radici Group
- Sabic Corporation
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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