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Profile for Max Smith

Max Smith



General information
Name: Max Smith
Location: New Year, USA
Occupation: Sales
Hobbies: Sales
Date registered 01.03.2022
Date of birth: 15. October 1999
Last online: 01.03.2022
Sex: male


Contact
Homepage: https://www.expertmarketresearch.com/reports/nylon-market

Description
The global nylon market size was valued at USD 29.76 billion in 2020 and is expected to witness a compound annual growth rate (CAGR) of 5.8% from 2021 to 2028. Increasing demand for nylon from automobile applications is expected to propel the market growth during the forecast period. The automobile industry is highly concentrated. Even though the product range is high owing to a large number of market participants, around 49% of the market is dominated by top players including GM, Toyota, Ford, and Volkswagen. Nylon is used in engine components, such as bushings, bearing, oil containers, wire harness connectors, fuse boxes, cylinder head covers, crankcases, and timing belts. The rise in production can mainly be attributed to the rapid growth of the automotive industry of Europe.




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