Monofilament Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Monofilament Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Retail

Report Description

Monofilament is a type of thread and single untwisted synthetic fabric. Which is used to make surgical sutures, fishing, and others. Monofilament is the best fishing line or mono short form. Monofilament is a signal thread of material, as compare to multifilament lines, which having strung from multiple threads that are braided or bundled together. Monofilament extruded from different material such as nylon, plastic, polyolefin and polyester out of which nylon is the most popular and common material type monofilament. There are various advantages offers by nylon monofilament which includes more strength, abrasion resistances and produces varying degree of stretch. Addition to this monofilament is easy to handle, as its flexible in nature, monofilament is easy to use and work as well. Monofilaments are available in broader variety of color such as green, blue or clear. All this advantages make the global Monofilaments market more popular across the world. Monofilament threads is combination of manageability, easy knot trying and stretch features makes the monofilament user friendly for end users.

The major factor which is driving the global monofilament is the growing fishing industry. Monofilament manufacturing process and structure is very simple which reduces the total cost of mafucturing. There are various other factors which are driving the monofilament market market, such as growing adoption nylon type monofilament in medical industry is anticipated to accelerate the monofilament during the forecast period, specifically in countering diabetes is projected to supplement the global monofilament market. Additions to this growing demand for sports tools owing to rapid commercialization of racket sports is the aspect which drive the global monofilament market. Other than medical monofilament market have huge opportunity in automotive and textiles application. Volatile in raw material prices is expected to decrease the global monofilament market growth and growing environmental concerns as regards to nylon bio-degradability are the major factor which may hamper the further global monofilament market. Gradually, rising demand of fish food and adoptions of polyolefin and polyester monofilament is growing which is becoming trend now a days.

The global monofilament market can be segmented by type, application, and geography. Based on application, the market for global monofilament market has been segmented into Fishy/Agricultural, medical, automotive, consumer goods and others. By type the global monofilament market has segmented into nylon monofilament, polyolefin monofilament and polyester monofilament. Nylon segment is further classified into Nylon 6, Nylon 66 and others. As nylon market is already a common and advances type of monofilament. The nylon monofilament is anticipated an extensive growth in global monofilament market.

Geographically, global monofilament market is segmented into Europe, North America, Middle East and Africa and Asia Pacific, and South America. Asia pacific expected to capture the large market share due to growth in fishing and automotive industries followed by India, japan, Indonesia and China. South America is anticipated to experiences the highest growth rate during the forecasted period as this region is led by growing healthcare spending particularly in Brazil.

Competitive landscape of global monofilament market has various key players such as Superfil Products (India), Hinafil (India), Toray Monofilament (Japan), Judin Industrial (China), Perlon-Monofil, ABC (Australia), Polymer Industries (USA), Jarden (US), Applied Materials (U.S), Plastifil SA(Switzerland), Zeus, Atkins & Pearce (USA), Hahl Group (Germany), Ruichang Special Monofilament (China) and Albany International (U.S)., Medical Monofilament Manufacturing (USA), NTEC, Vitasheet Group (U.K), Kureha America, Inc. (U.S) .and other players are planning to enter into the market. In order to increase the competitive advantage in the manufacturing, these market vendors are aggressively involved in inorganic and organic development strategies. Partnerships, contracts, and new product launches are some of the significant strategies followed by market players.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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