| Product Code: ETC4500260 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, Hungary`s import trend for glass-filled nylon in the Hungarian market showed a growth rate of 7.73% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 6.62%. This import momentum can be attributed to a steady demand shift towards high-performance materials in various industrial applications, indicating market stability and a robust trade environment during this period.
Glass filled nylon, also known as glass reinforced nylon, is a thermoplastic composite material used in various industries for its high strength, stiffness, and dimensional stability. In Hungary, the glass filled nylon market serves applications in automotive, aerospace, electrical, and consumer goods sectors. Glass filled nylon offers benefits such as lightweight design, chemical resistance, and cost-effectiveness compared to metal counterparts. The market growth is driven by demand for lightweight and durable materials in manufacturing processes.
The Hungary glass-filled nylon market is driven by factors such as demand from the automotive, electrical, and industrial sectors for high-performance thermoplastic materials with enhanced mechanical properties and dimensional stability. Glass-filled nylon, a composite material comprising nylon resin and glass fibers, offers advantages such as strength, stiffness, and impact resistance, making it suitable for structural components, housings, and mechanical parts. Moreover, advancements in material compounding, injection molding technology, and additive manufacturing further stimulate market growth by improving processability, consistency, and performance of glass-filled nylon compounds in diverse applications.
Challenges in the Hungary glass filled nylon market include optimizing material properties and processing parameters for specific engineering applications such as automotive parts, industrial components, and consumer goods, addressing manufacturing challenges and quality control issues related to glass filled nylon production processes and injection molding techniques, and meeting regulatory requirements regarding material specifications, testing standards, and product certifications. Glass filled nylon suppliers must focus on innovation, quality assurance, and customer service to overcome these challenges and maintain competitiveness in the market.
In alignment with Hungary commitment to industrial development and technological innovation, the government supports the growth of the glass-filled nylon market by promoting research, investment, and collaboration in the plastics industry. Policies aim to create a conducive regulatory environment for glass-filled nylon production and use, including standards for material composition, processing techniques, and product performance requirements. Additionally, the government provides financial incentives and support programs for plastics manufacturers, product designers, and end-users to invest in glass-filled nylon applications, including grants for material development, technology adoption, and market expansion. By promoting the use of glass-filled nylon, the government aims to enhance the competitiveness, sustainability, and technological sophistication of Hungary plastics industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Glass Filled Nylon Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Glass Filled Nylon Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Glass Filled Nylon Market - Industry Life Cycle |
3.4 Hungary Glass Filled Nylon Market - Porter's Five Forces |
3.5 Hungary Glass Filled Nylon Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hungary Glass Filled Nylon Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.7 Hungary Glass Filled Nylon Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Hungary Glass Filled Nylon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries. |
4.2.2 Growing focus on sustainability and recyclability, as glass filled nylon is a recyclable material. |
4.2.3 Technological advancements leading to improved properties and performance of glass filled nylon. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting the production cost of glass filled nylon. |
4.3.2 Intense competition from other composite materials like carbon fiber and fiberglass. |
4.3.3 Regulatory challenges related to environmental standards and recycling requirements. |
5 Hungary Glass Filled Nylon Market Trends |
6 Hungary Glass Filled Nylon Market, By Types |
6.1 Hungary Glass Filled Nylon Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Glass Filled Nylon Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Hungary Glass Filled Nylon Market Revenues & Volume, By Polyamide 6, 2021-2031F |
6.1.4 Hungary Glass Filled Nylon Market Revenues & Volume, By Polyamide 66, 2021-2031F |
6.2 Hungary Glass Filled Nylon Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Hungary Glass Filled Nylon Market Revenues & Volume, By Mining, 2021-2031F |
6.2.3 Hungary Glass Filled Nylon Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.2.4 Hungary Glass Filled Nylon Market Revenues & Volume, By Textile, 2021-2031F |
6.2.5 Hungary Glass Filled Nylon Market Revenues & Volume, By Film & Foil Processing, 2021-2031F |
6.2.6 Hungary Glass Filled Nylon Market Revenues & Volume, By Others, 2021-2031F |
6.3 Hungary Glass Filled Nylon Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Hungary Glass Filled Nylon Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.3.3 Hungary Glass Filled Nylon Market Revenues & Volume, By Extrusion Molding, 2021-2031F |
7 Hungary Glass Filled Nylon Market Import-Export Trade Statistics |
7.1 Hungary Glass Filled Nylon Market Export to Major Countries |
7.2 Hungary Glass Filled Nylon Market Imports from Major Countries |
8 Hungary Glass Filled Nylon Market Key Performance Indicators |
8.1 Percentage increase in the adoption of glass filled nylon by key industries. |
8.2 RD investment in developing new formulations and applications for glass filled nylon. |
8.3 Number of patents filed for innovations in glass filled nylon technology. |
9 Hungary Glass Filled Nylon Market - Opportunity Assessment |
9.1 Hungary Glass Filled Nylon Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hungary Glass Filled Nylon Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.3 Hungary Glass Filled Nylon Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Hungary Glass Filled Nylon Market - Competitive Landscape |
10.1 Hungary Glass Filled Nylon Market Revenue Share, By Companies, 2024 |
10.2 Hungary Glass Filled Nylon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |