Market Forecast By Grade (Flat Yarn, Textured Yarn, Partially Oriented Yarn, Fully Drawn Yarn, Dyed Yarns), By Application (Textiles, Sports Apparels, Sports and Adventure Equipment, Travel Accessories, Fishing Nets, Fabric), By Sales Channel (Direct Company Sale, Direct Import, Distributors & Traders, Retailers) And Competitive Landscape
Product Code: ETC421979 | Publication Date: Oct 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Mexico Nylon Filament Yarn Market |
Forecast period | 2024-2030 |
CAGR | 3% |
Growing Sector | Textile |
Mexico Nylon Filament Yarn Market report thoroughly covers the market by grade, by application, and by sales channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Mexico nylon filament yarn market is a crucial component of the country's textile and apparel industry. Nylon filament yarn, known for its durability, strength, and versatility, is widely used in various applications, including clothing, sports equipment, and industrial fabrics. The market is driven by the increasing demand for high-performance fabrics, the growth of the sportswear industry, and the adoption of advanced manufacturing techniques. However, the market faces challenges such as fluctuating raw material prices and competition from alternative materials.
According to 6Wresearch, Mexico Nylon Filament Yarn Market size is expected to grow at a significant CAGR of 3% during the forecast period 2024-2030. The primary drivers of the Mexico nylon filament yarn market include the rising popularity of active and sportswear, the demand for lightweight and moisture-wicking fabrics, and the need for durable and long-lasting materials in various industries. The growth of the Mexican textile and apparel sector, fueled by domestic consumption and export opportunities, has also contributed to the market's expansion. Additionally, technological advancements in yarn manufacturing and the development of specialized nylon filament yarn grades have further driven market growth.
The Mexico nylon filament yarn Industry faces challenges such as fluctuating raw material prices, particularly for crude oil, which is a key component in nylon production. The market also faces competition from alternative materials like polyester and natural fibers, which may offer cost advantages or unique properties. Moreover, the need for environmentally sustainable production processes and the growing awareness of the environmental impact of synthetic fibers pose additional challenges for market growth.
Key players in the nylon filament yarn market in Mexico include BASF, DuPont, Toray Industries, Ascend Performance Materials, and Radici Group. These companies are known for their expertise in nylon production, advanced manufacturing technologies, and a diverse range of nylon filament yarn products.
The Mexican government has implemented the "Programa de Fomento a la Industria Textil y del Vestido" (Program for the Promotion of the Textile and Apparel Industry) to support the growth of the textile sector, which includes the nylon filament yarn market. Additionally, the "Programa Nacional de Desarrollo Sustentable" (National Program for Sustainable Development) encourages the adoption of environmentally friendly practices in the textile industry, such as the use of sustainable materials and energy-efficient manufacturing processes.
The Mexico nylon filament yarn market is expected to continue growing, driven by the increasing demand for high-performance fabrics, the expansion of the sportswear and activewear sectors, and the adoption of innovative manufacturing technologies. However, the market will need to address challenges related to sustainability, raw material price volatility, and competition from alternative materials. The development of eco-friendly nylon production processes, the integration of advanced manufacturing techniques, and the exploration of new application areas will lead to Mexico nylon filament yarn market Growth.
According to Ravi Bhandari, Research Head, 6Wresearch, In the Mexico nylon filament yarn market, the textured yarn segment is experiencing significant growth within the grade category. Textured nylon filament yarn offers enhanced properties such as increased bulk, improved insulation, and better moisture management compared to flat yarns.
Within the application segment of the Mexico nylon filament yarn market, the sports apparels sector is witnessing significant growth. The increasing popularity of active lifestyles and the rising demand for high-performance sportswear have driven the use of nylon filament yarn in the production of athletic apparel. Nylon's properties, such as durability, moisture-wicking abilities, and stretch resistance, make it an ideal choice for sportswear applications.
In the Mexico nylon filament yarn market, the distributors & traders segment is experiencing notable growth within the sales channel category. Distributors and traders play a crucial role in bridging the gap between nylon filament yarn manufacturers and end-users, particularly in the textile and apparel industries. The increasing demand for nylon filament yarn from various sectors has led to the expansion of distribution networks and the emergence of specialized traders.
The report offers a comprehensive study of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Nylon Filament Yarn Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Nylon Filament Yarn Market Revenues & Volume, 2020 & 2030F |
3.3 Mexico Nylon Filament Yarn Market - Industry Life Cycle |
3.4 Mexico Nylon Filament Yarn Market - Porter's Five Forces |
3.5 Mexico Nylon Filament Yarn Market Revenues & Volume Share, By Grade , 2020 & 2030F |
3.6 Mexico Nylon Filament Yarn Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Mexico Nylon Filament Yarn Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F |
4 Mexico Nylon Filament Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Nylon Filament Yarn Market Trends |
6 Mexico Nylon Filament Yarn Market, By Types |
6.1 Mexico Nylon Filament Yarn Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Mexico Nylon Filament Yarn Market Revenues & Volume, By Grade , 2020 - 2030F |
6.1.3 Mexico Nylon Filament Yarn Market Revenues & Volume, By Flat Yarn, 2020 - 2030F |
6.1.4 Mexico Nylon Filament Yarn Market Revenues & Volume, By Textured Yarn, 2020 - 2030F |
6.1.5 Mexico Nylon Filament Yarn Market Revenues & Volume, By Partially Oriented Yarn, 2020 - 2030F |
6.1.6 Mexico Nylon Filament Yarn Market Revenues & Volume, By Fully Drawn Yarn, 2020 - 2030F |
6.1.7 Mexico Nylon Filament Yarn Market Revenues & Volume, By Dyed Yarns, 2020 - 2030F |
6.2 Mexico Nylon Filament Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Mexico Nylon Filament Yarn Market Revenues & Volume, By Textiles, 2020 - 2030F |
6.2.3 Mexico Nylon Filament Yarn Market Revenues & Volume, By Sports Apparels, 2020 - 2030F |
6.2.4 Mexico Nylon Filament Yarn Market Revenues & Volume, By Sports and Adventure Equipment, 2020 - 2030F |
6.2.5 Mexico Nylon Filament Yarn Market Revenues & Volume, By Travel Accessories, 2020 - 2030F |
6.2.6 Mexico Nylon Filament Yarn Market Revenues & Volume, By Fishing Nets, 2020 - 2030F |
6.2.7 Mexico Nylon Filament Yarn Market Revenues & Volume, By Fabric, 2020 - 2030F |
6.3 Mexico Nylon Filament Yarn Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Mexico Nylon Filament Yarn Market Revenues & Volume, By Direct Company Sale, 2020 - 2030F |
6.3.3 Mexico Nylon Filament Yarn Market Revenues & Volume, By Direct Import, 2020 - 2030F |
6.3.4 Mexico Nylon Filament Yarn Market Revenues & Volume, By Distributors & Traders, 2020 - 2030F |
6.3.5 Mexico Nylon Filament Yarn Market Revenues & Volume, By Retailers, 2020 - 2030F |
7 Mexico Nylon Filament Yarn Market Import-Export Trade Statistics |
7.1 Mexico Nylon Filament Yarn Market Export to Major Countries |
7.2 Mexico Nylon Filament Yarn Market Imports from Major Countries |
8 Mexico Nylon Filament Yarn Market Key Performance Indicators |
9 Mexico Nylon Filament Yarn Market - Opportunity Assessment |
9.1 Mexico Nylon Filament Yarn Market Opportunity Assessment, By Grade , 2020 & 2030F |
9.2 Mexico Nylon Filament Yarn Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Mexico Nylon Filament Yarn Market Opportunity Assessment, By Sales Channel, 2020 & 2030F |
10 Mexico Nylon Filament Yarn Market - Competitive Landscape |
10.1 Mexico Nylon Filament Yarn Market Revenue Share, By Companies, 2023 |
10.2 Mexico Nylon Filament Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |