Market Overview:
The global monofilament market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for monofilaments from various applications, such as fishy/agricultural, industrial, consumer goods and others. Additionally, the growing awareness about the benefits of using monofilaments is also contributing to the growth of this market. Based on type, nylon monofilament is expected to lead the global market during the forecast period owing to its properties such as high strength-to-weight ratio and resistance against abrasion and chemicals. Polyester Monofilament is projected to be second largest segment due its properties such as low water absorption and good dimensional stability.
Product Definition:
A monofilament is a single strand of material, most often a synthetic polymer such as nylon or polyethylene. Monofilaments are used in fishing line, netting, and other applications where a lightweight yet strong thread is needed.
Nylon Monofilament:
Nylon monofilament is a polymer, which contains one linear polymer chain. It has excellent properties such as high tensile strength, good elasticity and thermal stability. These properties have made nylon very popular in the textile industry for manufacturing of fabrics and apparel.
Polyester Monofilament:
Polyester monofilament is a synthetic fiber made from the polymerization of ethylene and propylene. It has high strength, low weight, and excellent resistance to solvents & chemicals. Polyester monofilaments have applications in textile printing inks, fibers for apparel & home furnishing fabrics as well as technical products such as filtration membranes and cables.
Application Insights:
The fishy/agricultural application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. Monofilaments are used in fishing nets as they provide high catching efficiency, high resistance towards abrasion and are lightweight compared to other materials. They are also used in agricultural applications such as horticulture, floriculture and agriculture where light tension monofilaments with high strength properties required for handling tough jobs is required.
Consumer goods application segment was valued over USD 100 million in 2017 owing to increasing demand from textile industry for manufacturing textiles using artificial fibers. Artificial fibers including polyester, nylon monofilament and others have higher tensile strength which makes them suitable for use in consumer products such as rugs, carpets & mats where durability & texture matters more than anything else at this moment can be a key factor that drives market growth further over the coming years.
Regional Analysis:
Asia Pacific dominated the global monofilament market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 60% in 2017 owing to high product demand from various end-use industries, such as industrial, consumer goods, and others. In addition, increasing foreign investments coupled with favorable government policies are anticipated to boost regional growth over the forecast period.
The Asia Pacific is one of the most lucrative regions for fishing nations such as Japan and South Korea among others due to huge fish resources found across these countries. This has led to an increase in consumption of monofilaments used for filleting fish or other seafood products across this region which will have a positive impact on market growth during the projected time span.
Growth Factors:
- Increasing demand from the automotive and construction industries for monofilament products as a substitute to traditional materials.
- Rising demand for monofilaments in fishing and other recreational activities owing to their properties such as strength, flexibility, and resistance to abrasion.
- Growing popularity of monofilaments in medical applications such as sutures, stents, and implants due to their biocompatibility properties.
- Technological advancements that have led to the development of new types of monofilaments with enhanced performance characteristics over traditional ones.
Scope Of The Report
Report Attributes
Report Details
Report Title
Monofilament Market Research Report
By Type
Nylon Monofilament, Polyester Monofilament, Polyolefin Monofilament
By Application
Fishy/Agricultural, Industrial, Consumer Goods, Others
By Companies
Toray, Superfil Products, Perlon, Jarden Applied Materials, Judin Industrial, Ruichang Special Monofilament, Ri-Thai, NTEC, VitasheetGroup, Teijin, Monosuisse, Jintong, Tai Hing, Marmik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Monofilament Market Report Segments:
The global Monofilament market is segmented on the basis of:
Types
Nylon Monofilament, Polyester Monofilament, Polyolefin Monofilament
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fishy/Agricultural, Industrial, Consumer Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toray
- Superfil Products
- Perlon
- Jarden Applied Materials
- Judin Industrial
- Ruichang Special Monofilament
- Ri-Thai
- NTEC
- VitasheetGroup
- Teijin
- Monosuisse
- Jintong
- Tai Hing
- Marmik
Highlights of The Monofilament Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nylon Monofilament
- Polyester Monofilament
- Polyolefin Monofilament
- By Application:
- Fishy/Agricultural
- Industrial
- Consumer Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Monofilament Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Monofilament is a type of fishing line made from one continuous filament. It is strong and durable, making it ideal for use with heavier lures and hooks.
Some of the major players in the monofilament market are Toray, Superfil Products, Perlon, Jarden Applied Materials, Judin Industrial, Ruichang Special Monofilament, Ri-Thai, NTEC, VitasheetGroup, Teijin, Monosuisse, Jintong, Tai Hing, Marmik.
The monofilament market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Monofilament Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Monofilament Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Monofilament Market - Supply Chain
4.5. Global Monofilament Market Forecast
4.5.1. Monofilament Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Monofilament Market Size (000 Units) and Y-o-Y Growth
4.5.3. Monofilament Market Absolute $ Opportunity
5. Global Monofilament Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Monofilament Market Size and Volume Forecast by Type
5.3.1. Nylon Monofilament
5.3.2. Polyester Monofilament
5.3.3. Polyolefin Monofilament
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Monofilament Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Monofilament Market Size and Volume Forecast by Application
6.3.1. Fishy/Agricultural
6.3.2. Industrial
6.3.3. Consumer Goods
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Monofilament Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Monofilament Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Monofilament Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Monofilament Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Monofilament Demand Share Forecast, 2019-2026
9. North America Monofilament Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Monofilament Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Monofilament Market Size and Volume Forecast by Application
9.4.1. Fishy/Agricultural
9.4.2. Industrial
9.4.3. Consumer Goods
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Monofilament Market Size and Volume Forecast by Type
9.7.1. Nylon Monofilament
9.7.2. Polyester Monofilament
9.7.3. Polyolefin Monofilament
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Monofilament Demand Share Forecast, 2019-2026
10. Latin America Monofilament Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Monofilament Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Monofilament Market Size and Volume Forecast by Application
10.4.1. Fishy/Agricultural
10.4.2. Industrial
10.4.3. Consumer Goods
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Monofilament Market Size and Volume Forecast by Type
10.7.1. Nylon Monofilament
10.7.2. Polyester Monofilament
10.7.3. Polyolefin Monofilament
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Monofilament Demand Share Forecast, 2019-2026
11. Europe Monofilament Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Monofilament Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Monofilament Market Size and Volume Forecast by Application
11.4.1. Fishy/Agricultural
11.4.2. Industrial
11.4.3. Consumer Goods
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Monofilament Market Size and Volume Forecast by Type
11.7.1. Nylon Monofilament
11.7.2. Polyester Monofilament
11.7.3. Polyolefin Monofilament
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Typ
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Monofilament Demand Share, 2019-2026
12. Asia Pacific Monofilament Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Monofilament Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Monofilament Market Size and Volume Forecast by Application
12.4.1. Fishy/Agricultural
12.4.2. Industrial
12.4.3. Consumer Goods
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Monofilament Market Size and Volume Forecast by Type
12.7.1. Nylon Monofilament
12.7.2. Polyester Monofilament
12.7.3. Polyolefin Monofilament
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Monofilament Demand Share, 2019-2026
13. Middle East & Africa Monofilament Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Monofilament Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Monofilament Market Size and Volume Forecast by Application
13.4.1. Fishy/Agricultural
13.4.2. Industrial
13.4.3. Consumer Goods
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Monofilament Market Size and Volume Forecast by Type
13.7.1. Nylon Monofilament
13.7.2. Polyester Monofilament
13.7.3. Polyolefin Monofilament
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Monofilament Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Monofilament Market: Market Share Analysis
14.2. Monofilament Distributors and Customers
14.3. Monofilament Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Toray
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Superfil Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Perlon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jarden Applied Materials
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Judin Industrial
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ruichang Special Monofilament
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ri-Thai
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NTEC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. VitasheetGroup
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Teijin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Monosuisse
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jintong
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tai Hing
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Marmik
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook