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SAN FRANCISCO, May 19, 2021 /PRNewswire/ The global nylon market size is expected
to reach USD 46.31 billion by 2028, according to a new report by Grand View Research, Inc., and is projected to
expand at a CAGR of 5.8% over the forecast period. Increasing product demand from engineering plastics, textile, electrical & electronics, and automotive applications are driving the growth of the market. The electrical & electronics application segment is anticipated to progress at a substantial growth rate over the forecast period. This growth can be credited to the wide product usage in these applications including the production of tubes for cables and wirings, connectors, contactors, circuit breakers, and low voltage switch gears among others.