Global Caprolactam Industry is valued approximately at USD 13.1 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 3.59% over the forecast period 2019-2026. Caprolactam is an organic compound, that is basically a colorless solid and is a lactam of caproic acid. Caprolactam finds extensive application during the production of nylon 6 fibers and nylon 6 resins. Nylon is chemical resistant, damage resistant from oils and abrasion resistant thus finds its application in across the textile, automotive, and electrical and electronics industries. Further, the mechanical properties of the product such as high strength and light weight makes it appropriately endorsed substantial material to make resins and nylon fiber. Growing demand for lightweight automotive vehicles, growth of films and coatings applications coupled with growth of emerging economies are key driving forces of Industry growth. According to Center for Automotive Research, light vehicle sales globally are expected to increase from 92 million units in 2016 to 110 million units by 2026. Whereas, Development of Bio-Based Caprolactam in Regions with Strict Regulations is expected to create lucrative growth opportunity in the Industry over the forecast period. However, moisture absorption resulting in degradation of properties impedes the growth of the Industry over the forecast period of 2019-2026.
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Market Segmentation
By Application
- Nylon 6 Fibers
- Nylon 6 Engineering Plastics
- Films
- Others
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Brief introduction about Caprolactam Market:
Chapter 1. Global Caprolactam Market Size (Sales) Market Share by Type (Product Category) [1,2,3,] in 2020
Chapter 2. Caprolactam Market by Application/End Users [1,2,3]
Chapter 3. Global Caprolactam Sales (Volume) and Market Share Comparison by Applications
Chapter 4. Global Caprolactam Sales and Growth Rate (2020-2025)
Chapter 5. Caprolactam Market Competition by Players/Suppliers, Region, Type, and Application
Chapter 6. Caprolactam (Volume, Value and Sales Price) structure specified for each geographic region included.
Chapter 7. Global Caprolactam Players/Suppliers Profiles and Sales Data
Chapter 8. Company primary Information and Top Competitors list are being provided for each vendor listed in the report.
Chapter 9. Market Sales, Revenue, Price and Gross Margin (2020-2025) table for each product type which includes Cost Structure Analysis, Key Raw Materials Analysis & Price Trends
Chapter 10. Supply Chain, Sourcing approach and Downstream Buyers, Industrialized Chain Analysis
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