Nylon Films Market - Global Industry Analysis, Size, Share, Growth, Trends

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Nylon Films: Introduction

·         Nylon, also known as polyamide (PA), is a clear and printable thermoplastic that has relatively high melting point, exceptional strength and toughness, and good oxygen barrier properties. It is also resistant to scratches, punctures, and flex-cracks. It does not dissolve in or absorb grease, oil, and acidic food. These properties make PA an ideal material for usage in conventional cooking as well as microwave cooking. Nylon films possess various specific properties such as high barrier property, strength, and high melting point. Hence, they are used as packaging materials.

·         Nylon films are widely used as packaging materials for cheese, sauces, microwavable products, and dairy products. These films are widely preferred by manufacturers, due to their high flexibility and non-reactivity with food products. Nylon films can be easily processed at low and high temperatures. They are also recyclable, and hence eco-friendly. These films do not produce fumes on burning. About 20% of ovenable and microwavable bags available in the market are made of nylon films, owing to high oxygen barrier properties of nylon films and permeability to carbon dioxide.

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Key Drivers and Restraints of Global Nylon Films Market

·         Rise in demand for materials for packaging of microwavable food products is one of the major drivers of the nylon films market. Increase in disposable income of the people is also driving the demand for packaged food products. This, in turn, is augmenting the nylon films market.

·         Growth in demand for nylon films in end-use industries such as personal care, pharmaceuticals, and household care owing to the rapid increase in urbanization in developing economies of Asia Pacific is expected to drive the nylon films market during the forecast period

·         On the other hand, fluctuations in prices of nylon films and availability of substitutes such as polypropylene, para-aramid synthetic fibers, and bio-absorbable polymers and their lower competitive prices are expected to restrain the market

Nylon Films: Material Type Segment

·         In terms of material type, the nylon films market can be segmented into nylon 6; nylon 6,6; nylon 6,12; biaxial-oriented polyamide (BOPA); bio-based polyamide; and others

·         The bio-based polyamide segment is expected to witness significant growth during the forecast period

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Nylon Films: Packaging Type Segment

·         Based on packaging type, the market can be segregated into  pouches (monolayer and multilayer), bags, and others

Nylon Films: End-use industry Segment

·         In terms of end-use industry, the nylon films market can be divided into food & beverages, personal care, pharmaceuticals, household care, industrial, and others

Covid-19 Impact on Nylon Films Market

·         On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.

·         Shortage in supply of raw materials of nylon films from various vendors around the globe has resulted in a severe demand-supply gap. This has significantly affected the manufacture of nylon films.

·         The personal care industry has been adversely affected by the COVID-19 pandemic. This has further impacted the market for nylon films, as these films are used on a large scale for packaging of personal care products.

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Asia Pacific to Dominate Nylon Films Market

·         In terms of region, the global nylon films market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

·         Asia Pacific accounts for leading share of the global nylon films market in terms of consumption, owing to high demand for flexible packaging products and increase in dependence on packaged food products in the region

·         The nylon films market in Europe is expected to expand at a considerable pace during the forecast period, owing to rise in the consumption of packaged food products in the region

Key Manufacturers Operating in Global Nylon Films Market

The global nylon films market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global nylon films market include:

·         Toray Advanced Film Company Limited

·         DOMO Chemicals Group, Amcor Limited

·         SIG Combibloc Group AG

·         BASF SE

·         Mondi Group

·         Sealed Air Corporation.

·         Bemis Company, Inc.

·         Elopak SA

·         Nampak Limited

·         Uflex Limited

·         Berry Global Group, Inc.

·         Winpak Limited

·         Optimum Plastics

·         OLON Industries Inc.

·         Clondalkin Group Holdings B.V.

·         Polyoak Packaging (Pty) Limited

·         Ampac Holdings LLC.

Global Nylon Films Market: Research Scope

Global Nylon Films Market, by Material Type  

·         Nylon 6

·         Nylon 6,6

·         Nylon 6,12

·         Biaxial-oriented polyamide (BOPA)

·         Bio-based Polyamide

·         Others

Global Nylon Films Market, by Packaging Type

·         Pouches (Monolayer and Multilayer)

·         Bags

·         Others

Global Nylon Films Market, by End-use Industry

·         Food & Beverages

·         Personal Care

·         Pharmaceuticals

·         Household Care

·         Industrial

·         Others

Global Nylon Films Market, by Region

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    U.K.

o    France

o    Italy

o    Spain

o    Russia & CIS

o    Rest of Europe

·         Asia Pacific

o    China

o    India

o    Japan

o    ASEAN

o    Rest of Asia Pacific

·         Latin America

o    Brazil

o    Mexico

o    Rest of Latin America

·         Middle East & Africa

o    GCC

o    South Africa

o    Rest of Middle East & Africa

Companies in the Nylon Films market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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