Caprolactam market is expected to reach USD 25.77 billion by 2030, which is USD 16.41 billion in 2022, registering a CAGR of 5.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Caprolactam Market research report has put forth a bench-marking example for a vibrant market that explores several recommendations and practical growth strategies in relation to the market. The market report covers a wide spectrum of regions and also focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa (MEA). The chapter of the competitive landscape is presented well in the market research report and is analyzed based on the tools such as Porter’s five forces analysis. The study throws light upon market attractiveness where all the segments are arranged based on the compound growth rate, size, and general attractiveness.
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Market Insights and Scope
Caprolactum is a type of an organic compound which is used in the manufacture of nylon 6 fibre and resins. As a result of its superior elasticity, tensile strength, chemical and oil resistance and low moisture absorbency nylon 6 resin and nylon 6 fibres have augmented their demand in the textile and automotive industry. Many automakers are substituting caprolactum with nylon 6 owing to its high chemical and temperature resistance properties. They are also used in electronic and electrical equipment such as switchgears, circuit breakers, contractor, and connectors because they have low weight compared to metal tubes.
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Industry Segmentation and Size
The caprolactam market is segmented on the basis of raw material, end product, application and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Raw Material
- Phenol
- Cyclohexane
End Product
- Nylon 6 Resins
- Nylon 6 Fibers
- Other End Products
Application
- Engineering Resins and Films
- Industrial Yarns Textiles and Carpets
- Other Applications
End Use
- Textile Yarn
- Textile Stiffeners
- Film Coatings
- Synthetic Leather
- Plastics
- Plasticizers
- Others
Market Country Level Analysis
· 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, South Africa, Egypt, Israel, 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.
Some of the major players operating in the caprolactam market are:
- BASF SE (Germany)
- Honeywell International Inc (U.S.)
- Kuibyshevazot (Russia)
- China Petroleum & Chemical Corporation (China)
- LANXESS (Germany)
- DSM (Netherlands)
- Toray Industries Inc, (Japan)
- Sumitomo Chemical (Japan)
- China Petrochemical Development Corporation (China)
- UBE Corporation (Japan)
- Hengyi Petrochemical Co. Ltd (China)
- Mogilevkhimvolokno (Europe)
- Chemicals and Petrochemicals Manufacturers’ Association (India)
- DSM (Netherlands)
- LUXI GROUP (China)
Caprolactam Market Report Answers the Following Questions:
What is the expected growth rate of the Caprolactam Market during the forecast period?
What are the various factors that are likely to drive the growth of the Caprolactam Market?
What are the major challenges faced by the Caprolactam Market, and how are they being addressed?
Who are the key players operating in the Caprolactam Market, and what are their strategies for growth?
What are the emerging trends in the Caprolactam Market, and how are they expected to shape the market in the coming years?
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