Lucintel Forecasts The Global High Performance Nylon For Tribology Market To Reach $585 Million By 2030

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According to a market report by Lucintel, the future of the global high performance nylon for tribology market looks promising with opportunities in the bearings, gears, seals, cams, and brakes applications. The global high performance nylon for tribology market is expected to reach an estimated $585 million by 2030 from $413 million in 2023 at a CAGR of 5% from 2023 to 2030. The major drivers for this market are growth in vehicle production and replacement of metal with plastics in various industries.
Browse 89 figures/charts and 76 tables in this 181-page report to understand trends, opportunity and forecast in high performance nylon for tribology market to 2030 by method.
Lucintel forecasts that bearings will remain the largest application and it also expected to witness the highest growth over the forecast period due to increasing demand of nylon bearings in automotive and industrial machinery and growing demand for self lubricating and lightweight bearings.
Reinforced nylon will remain the largest product type and it is also 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.
Download sample by clicking on high performance nylon for tribology market.
Asia Pacific will remain the largest region over the forecast period and it is also expected to witness the highest growth over the over the forecast period due to a increasing focus on reducing vehicle weight for better fuel efficiency and lower emission. Expansion of machinery and motor vehicle production, and strong aftermarket for industrial equipment and automotive spare parts is also driving the market in APAC region.
BASF, DSM, DuPont, Mitsubishi Chemical Advance Materials, Ascend Performance Materials, Kuraray Co. Ltd., Sabic Corporation, EMS Chemie Holding AG, Evonik Industries AG, Radici Group are the major suppliers in the high performance nylon for tribology market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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