Nylon Filament Yarn market to grow to 52,440 metric tons by 2030

Nylon Filament Yarn (NFY) market, a key sector in India’s textile and industrial fabrics, is projected to grow at 3.23 per cent CAGR to 52,440 metric tons by 2030. In 2024, the market’s volume is 43,430 metric tons. Used for textiles, technical fabrics and home furnishings, demand for NFY is growing due to changing fashion preferences, and industrial growth.

Gujarat, dominates NFY production, with it robust infrastructure, strategic location, and skilled labor. The furnishings and upholstery segment is set to lead market growth due to NFY’s durability, strength, and versatility, which suit high-quality home decor applications. However, the market faces challenges like fluctuating raw material costs and environmental sustainability. However, innovations in eco-friendly production processes and new applications for NFY are creating opportunities. NFY plays a crucial role in meeting domestic and global demands for quality and sustainable textiles.