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. Glass filled nylon is known for its high hardness, high tensile strength and low shrinkage at higher temperatures properties. These properties of the glass filled nylon are increasing their usage in the manufacture of parts used in various industries such as automotive and aerospace industries.
The market for glass filled nylon is influenced by the rising demand from the automotive industry. Automotive industries prefer glass filled nylon because it is an ideal solution for weight reduction. They are used in application such as parts inside the engine compartment, engine covers, and under the bonnet of cars.
Leading 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.
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Key Regional Markets Covered in the Report:
Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Manufacturing Process Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
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