Nylon is a popular fibre with useful applications in making shorts, swimwear, track pants, bedspread, draperies, and many more. It is also used in technical textiles for making products such as flak vests, combat uniforms, parachutes etc. Due to its virtues of easy to care, elasticity, shape retaining ability, and its resilience and responsiveness to heat setting, nylon retains its reputation and demand in the apparel industry.


Nylon accounts for almost 9% of all manmade fibres, making it the second largest market, next to polyester. Nylon filament and staple fibre industry which was valued to be USD 15.22 billion in 2007, deteriorated to USD 14.02 million during 2008 due to the global downturn. Production of nylon fibres which was on an average, 3.8-3.9 million tons declined to 3.4 million tons during 2008. Currently, with the world seeing a positive recovery slowly and steadily, nylon fibres too are having an upswing.

Nylon- preferred over polyester fibres:


Polyester is half the cost of nylon, and dominated the synthetic fibre market. Nylon is second, only next to polyester fibres, but remains strong in some technical niches. The fibre sees strong applications for the making of airbags in cars, where it can resist the heat of explosion which polyester fibres cannot. Nylon fibres are also preferred in womens intimate wear due to its fine denier, smooth feel and durable texture. These fibres have excellent electrical conductivity, outstanding antibacterial properties, and excellent textile characteristics. It also enables a permanent retention of these properties. They are normally used in a blended form. Approximately 1-2% of nylon fibres are adequate in textiles to give it antistatic properties.


Shifting demand towards Asian regions, especially China:


As the world started recovering from the economic downturn, market for nylon fibres has expanded rapidly. Market for nylon fibres are currently shifting towards the Asian regions, especially China. One of the biggest textile maker and exporter in the world, China is in the global radar for nylon fibre market. Nylon fibre industry is now becoming a booming market. Analysts predict that the downstream demand for nylon fibres are concentrating in China, gradually making it the only location for capacity additions. Market demand for nylon fibres in China will grow along with its GDP, in an average of 10% for the coming 2-3 years.



Apart from being the biggest producer of nylon fibres, China also imports more nylon fibres than any other country. China has been importing more than 70% of nylon chips for its yarn market from Taiwan. With China currently focusing on building its domestic capacity for nylon fibres, its share of imports are likely to decrease in the near future.


Nylon fibres have a good command over the economy, and synthetics fibre industry. In the textile consumer market, nylon has one of the highest consumption rates. As new products from nylon are introduced in the market, nylon products are likely to experience a booming market.


References:


1.      textiles.indianetzone.com

2.      icis.com

3.      tradingcharts.com

Image Courtesy:


1.      ICIS.com

2.      bp.blogspot.com