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Caprolactam Market, By Raw Material, Product Type, and Geography - Insights, Opportunity Analysis, and Industry Forecast

Caprolactam Market report categorizes global market by Raw Material (Cyclohexane/Benzene, Phenol and Toluene, Ammonia), Product Type (Nylon 6 Fibers, Nylon 6 resins and films, Polymer Chip), and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2025<br><br>

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Caprolactam Market, By Raw Material, Product Type, and Geography - Insights, Opportunity Analysis, and Industry Forecast

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  1. Caprolactam Market, By Raw Material, Product Type, and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2025 Nylon 6 fiber and nylon 6 resin have wide applications in automotive and textile industry due to their high tensile strength and superior elasticity. Automakers are focusing on light weighting of vehicles in order to improve fuel efficiency and performance. Thus, metallic parts of automobile are being rapidly replaced by polyamide 6 and nylon 6 due to high temperature and chemical resistance. For instance, door handles, air bag containers, radiator grilles, relay boxes, air intake manifold and engine cover, among others are manufactured from polyamide 6 or nylon 6. Also, nylon 6 have wide applications in electrical and electronic equipment industry due to high electrical insulation and low weight as compared to metal tubes, which includes circuit breakers, voltage switchgears, contactors, tubes for wiring & cables protection, connectors, among others. Also, increasing number of women in the workforce, growing westernization, increasing disposable income and growing demand for convenience food across the globe, is expected to fuel demand for specialty films for packing. Nylon 6 is a key constituent in specialty films. The market is expected to gain traction in Asia Pacific due to burgeoning growth of various end-use industries in China and India. As per Coherent Market Insights, the nylon 6 fibers segment accounted for 52.94% revenue share in 2016. 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.

  2. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/290 Multinational players need to maintain the supply and price, as the market for caprolactam is fragmented in Asia Pacific. Major players in the global Caprolactam market include BASF SE, China Petroleum & Chemical Corporation, China Petrochemical Development Corporation, Honeywell International Inc., KuibyshevAzot OJSC, Royal DSM N.V., UBE Industries, SINOPEC among others. For More Information: ​http://bit.ly/2YQRjOW About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: ​sales@coherentmarketinsights.com

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