Global Monofilament Market Growth 2023-2029

Global Monofilament Market Growth 2023-2029

Monofilament is a single, continuous strand (filament) of synthetic fiber. The most commonly recognized monofilament is nylon fishing line but monofilament can be used in numerous ways. The Monofilament industry can be broken down into several segments, Nylon Monofilament, Polyester Monofilament, Polyolefin Monofilament, etc. Across the world, the major players cover Toray, Superfil Products, Perlon, Jarden Applied Materials, Judin Industrial, Ruichang Special Monofilament, Ri-Thai, NTEC, VitasheetGroup, Teijin, etc.

LPI (LP Information)' newest research report, the “Monofilament Industry Forecast” looks at past sales and reviews total world Monofilament sales in 2022, providing a comprehensive analysis by region and market sector of projected Monofilament sales for 2023 through 2029. With Monofilament sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Monofilament industry.

This Insight Report provides a comprehensive analysis of the global Monofilament landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Monofilament portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Monofilament market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Monofilament and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Monofilament.

The global Monofilament market size is projected to grow from US$ 622.2 million in 2022 to US$ 809.9 million in 2029; it is expected to grow at a CAGR of 809.9 from 2023 to 2029.

Global Monofilament key players include Ri-Thai, Perlon, NTEC, etc. Global top three manufacturers hold a share about 32%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 42 percent. In terms of product, Polyester Monofilament is the largest segment, with a share over 40%. And in terms of application, the largest application is Consumer Goods, followed by Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Monofilament market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Nylon Monofilament

Polyester Monofilament

Polyolefin Monofilament

Segmentation by application

Fishy/Agricultural

Industrial

Consumer Goods

Papermaking

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Ri-Thai

Perlon

NTEC

Monosuisse

Tai Hing

Ruichang Special Monofilament

Jintong

Jarden Applied Materials

VitasheetGroup

Toray

Superfil Products

Teijin

Judin Industrial

Marmik

Key Questions Addressed in this Report

What is the 10-year outlook for the global Monofilament market?

What factors are driving Monofilament market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Monofilament market opportunities vary by end market size?

How does Monofilament break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.