Global Caprolactam Market Insights, Opportunity Analysis, and Industry Forecast till 2025


Posted January 31, 2022 by neha_s

Caprolactam are organic compounds with molecular formula ((CH2)5CNH). It is a colorless, solid, toxic substance and process an irritant properties.
 
Caprolactam are organic compounds with molecular formula ((CH2)5CNH). It is a colorless, solid, toxic substance and process an irritant properties. The caprolactam market is segmented by nylon 6 fiber and nylon 6 resin. Growing demand for caprolactam in end-use industries due to various application of nylon 6 resin and nylon 6 fibers across the world.

The global caprolactam market size is estimated at US$ 11,453.48 million (revenue) and 5,747.09 kilo tons (volume) in 2016 and is expected to expand at a CAGR of 4.6% in terms of revenue and 2.7% in terms of volume from 2017 – 2025.

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Market Dynamics
Caprolactam are the primary raw materials required in the manufacture of engineering plastics. Growing textiles industry is expected to fuel the market for caprolactam in Asia Pacific.

Market Taxonomy
This report segments the global caprolactam market on the basis of raw material and product type. On the basis of raw material, the market is segmented as cyclohexane/benzene, phenol and others. On the basis of product type, the global caprolactam market is segmented as nylon 6 fiber, nylon 6 resin & films and polymer chips. The nylon 6 fibers market is further sub segmented into textile, carpet, industrial yarn and others. The nylon 6 resin and films, are also sub segmented into automotive, specialty films packaging for food, wires & cables and others.

Detailed Segmentation:
• Global Caprolactam Market, By Raw Material:
◦ Cyclohexane/Benzene
◦ Phenol and Toluene
◦ Ammonia
◦ Others
• Global Caprolactam Market, By Product Type:
◦ Nylon 6 Fibers
▪ Textile
▪ Carpet
▪ Industrial Yarn
• Nylon 6 resins and films
• Automotive Industry
• Specialty Film Packaging for Food
• Wire and Cables

Major Keyplayers:
BASF SE, China Petroleum & Chemical Corporation, China Petrochemical Development Corporation, Honeywell International Inc., KuibyshevAzot OJSC, Royal DSM N.V., UBE Industries, SINOPEC among others.

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Last Updated January 31, 2022