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.
As revenue, China is the largest regional market for monofilament, with revenue exceeding 136 million USD in 2016. Europe and North America are expected to reach 81 million USD and million USD in 2016, respectively.
In application, monofilament downstream is wide used in Consumer Goods, Fishy/Agricultural, Industrial and others and recently monofilament has acquired increasing significance in various fields of automotive. Globally, the monofilament market is mainly driven by growing demand for Consumer Goods, which accounts for nearly 47.74% of total downstream consumption of monofilament in global in 2016.
In price, the price of monofilament average price decrease from 4467 USD/MT in 2012 to 3252 USD/MT in 2016. The price of monofilament was decreased year by year.

The Global Monofilament Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Monofilament Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Toray
Superfil Products
Perlon
Jarden Applied Materials
Judin Industrial
Ruichang Special Monofilament
Ri-Thai
NTEC
VitasheetGroup
Teijin
Monosuisse
Jintong
Tai Hing
Marmik

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Nylon Monofilament
Polyester Monofilament
Polyolefin Monofilament
In Market segmentation by applications :

Fishy/Agricultural
Industrial
Consumer Goods
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Monofilament Market for the forecast period 2023 - 2030?
• What are the driving forces in the Monofilament Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Monofilament industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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