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Global Caprolactam Market – Industry Trends and Forecast to 2028

  • Chemical and Materials
  • Upcoming Report
  • Jan 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Chemical and Materials
  • Upcoming Report
  • Jan 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Caprolactam Market, By Raw Material (Phenol and Cyclohexane), End Product (Nylon 6 Resins, Nylon 6 Fibers and Other End Products), Application (Engineering Resins and Films, Industrial Yarns Textiles and Carpets and Other Applications), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Caprolactam Market Market Analysis and Insights : Global Caprolactam Market

Caprolactam market will grow at a CAGR of 5.35% for the forecast period of 2021 to 2028. Rising need for lightweight automotive vehicles is a vital factor driving the growth of caprolactam market.

Caprolactum is a type of an organic compound that is used in the production of nylon 6 fibre and resins. Due to its tensile strength, chemical and oil resistance, superior elasticity and low moisture absorbency nylon 6 fibres and nylon 6 resin have increased their demand in the automotive and textile industry. Many automakers are replacing caprolactum with nylon 6 due to its high temperature and chemical resistance. They are also used in electrical and electronic equipment such as circuit breakers, contractor, connectors, switchgears among others as they have low weight as compared to metal tubes and have high electrical insulations.

Rising growth of films and coatings applications is the vital factor escalating the market growth, also rising growth of emerging economies, increasing demand for plastics in the construction, automotive, and electrical & electronics sectors, growing textile industry in Asia Pacific, coupled with the upcoming automobile sector, increasing continuous research and development activities resulting in technological breakthroughs for cost-effective manufacturing and increasing disposable incomes, coupled with increasing penetration of players due to new product launches are the major factors among others driving the caprolactam market. Moreover, increasing development of bio-based caprolactam in regions with strict regulations and increasing technological advancements and modernization in the production techniques will further create new opportunities for the caprolactam market in the forecast period of 2021-2028.

However, increasing volatile raw material prices, strict regulations in China and continuous moisture absorption resulting in degradation of properties are the major factors among others acting as restraints, and will further challenge the growth of caprolactam market in the forecast period mentioned above.

This caprolactam market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on caprolactam market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Caprolactam Market Scope and Market Size

Caprolactam market is segmented on the basis of raw material, end-product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

  • Based on raw material, the caprolactam market is segmented into phenol and cyclohexane.
  • Based on end-product, the caprolactam market is segmented into nylon 6 resins, nylon 6 fibers and other end products.
  • The caprolactam market is also segmented on the basis of application into engineering resins and films, industrial yarns textiles and carpets and other applications.

Caprolactam Market Country Level Analysis

Caprolactam market is analysed and market size, volume information is provided by country, raw material, end-product and application as referenced above.

The countries covered in the caprolactam market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the caprolactam market due to rising rapid industrialization leading to establishment of numerous automotive and appliance manufacturing plants, increasing demand for passenger cars in India and China, increasing demand for plastics in the construction, automotive, and electrical & electronics sectors, growing textile industry, coupled with the upcoming automobile sector in this region. North America and Europe are the expected regions in terms of growth in feed acidifiers market due to increasing demand for lightweight materials, rising growth of films and coatings applications and rising need for lightweight automotive vehicles in this region.

The country section of the caprolactam market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Caprolactam Market Share Analysis

Caprolactam market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to caprolactam market.

The major players covered in the caprolactam market report are BASF SE, Honeywell International Inc., Spolana, LUXI GROUP, China Petrohemical Corporation, Sumitomo Chemical Co., Ltd., UBEE industries Ltd., China Petrochemical Development Corporation, Shandong Haili Chemical Industry Co. Ltd, DSM, KuibyshevAzot, Chemical and Petrochemical Manufacturer Association, KurskKhimvolokno Ltd, Khimvolokno JSC, GradnoAzot JSC, Zhejiang Hengyi Group Co., Ltd, UBE INDUSTRIES,LTD and TORAY INDUSTRIES, INC. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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