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Caprolactam Market Is Projected To Reach $15.30 Billion By 2022: Grand View Research, Inc.

Global caprolactam market is expected to reach USD 15.30 billion by 2022, according to a new report by Grand View Research, Inc. Rising nylon 6 resin and fiber consumption, on account of increasing demand for electronics is expected to drive the market. Electronics industry growth in China has resulted in subsequently driving caprolactam demand over the past few years.<br>Caprolactam manufacturing requires low technical complexity along with lesser initial infrastructure investment thus encouraging new participants to enter the market. Technological innovations aimed at improving manufacturing process of the product in order to minimize release of ammonium sulfate as a by-product on account of its hazardous nature is expected to have a positive impact on the industry.<br>North America and Europe together accounted for over 35% of the global market volume share in 2014. Increasing focus on R&D for commercial production of bio-based caprolactam and resultant bio-nylon is expected to open new opportunities for market growth in the near future.<br>Browse full research report on Caprolactam Market: http://www.grandviewresearch.com/industry-analysis/caprolactam-market<br>Further key findings from the report suggest:<br>• Nylon 6 resins are expected to witness significant gains with projected growth at a CAGR of 5.1% from 2015 to 2022. Increasing consumption of nylon 6 resins for manufacturing of engineering plastics which are used as technical components in electrical & electronics and packaging industry is expected to accelerate market growth.<br>• Ammonia, cyclohexane, phenol and toluene are some of the key raw materials used for manufacturing caprolactam. Volatile raw material prices, limited availability and stringent regulations have been some of the primary factors challenging market growth.<br>• Engineering plastics accounted for over 15% of the global volume share in 2014. Rapid industrialization coupled with tremendous growth in the automotive sector, particularly in Asia Pacific, is expected to have a positive impact on the industry over the forecast period. Innovation in the field of electronics along with increasing consumption of smart phones, tablets, laptops and TVs has resulted in driving demand for engineering plastics, subsequently augmenting market growth.<br>• Asia Pacific caprolactam market was estimated at over 2,940.0 kilo tons in 2014. Encouragement of 100% Foreign Direct Investment by the Indian government for domestic automobile industry growth is expected to augment manufacturing sector. This is expected to fuel nylon 6 resins demand which in turn will have a positive impact on the caprolactam industry over the next seven years.<br>• The global industry is fragmented in nature, on account of presence of numerous companies globally. These include Sumitomo Chemicals, Honeywell, BASF, Toray, DSM, Alpek, Ube, Sinopec and Lanxess.<br>• In May 2015, Sumitomo Chemicals increased contract caprolactam price by USD 70 per metric ton to USD 1,880 per metric ton. In May 2015, BASF SE increased caprolactam prices by USD 0.05 per pound in North America.<br>

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Caprolactam Market Is Projected To Reach $15.30 Billion By 2022: Grand View Research, Inc.

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  1. Caprolactam Market Will Be Worth $15.30 Billion By 2022: Grand View Research, Inc “Global caprolactam market size was estimated at 4,925.9 kilo tons in 2014. The market is expected to witness substantial growth over the forecast period owing to its widespread use as a feedstock in the production of nylon 6 fibers and resins.” Global caprolactam market is expected to reach USD 15.30 billion by 2022, according to a new report by Grand View Research, Inc. Rising nylon 6 resin and fiber consumption, on account of increasing demand for electronics is expected to drive the market. Electronics industry growth in China has resulted in subsequently driving caprolactam demand over the past few years. Detailed Research Report available at: http://www.grandviewresearch.com/industry-analysis/caprolactam-market Caprolactam manufacturing requires low technical complexity along with lesser initial infrastructure investment thus encouraging new participants to enter the market. Technological innovations aimed at improving manufacturing process of the product in Follow Us:

  2. order to minimize release of ammonium sulfate as a by-product on account of its hazardous nature is expected to have a positive impact on the industry. North America and Europe together accounted for over 35% of the global market volume share in 2014. Increasing focus on R&D for commercial production of bio-based caprolactam and resultant bio-nylon is expected to open new opportunities for market growth in the near future. Further Key Findings from the Study Suggest: Nylon 6 resins are expected to witness significant gains with projected growth at a CAGR of 5.1% from 2015 to 2022. Increasing consumption of nylon 6 resins for manufacturing of engineering plastics which are used as technical components in electrical & electronics and packaging industry is expected to accelerate market growth. Ammonia, cyclohexane, phenol and toluene are some of the key raw materials used for manufacturing caprolactam. Volatile raw material prices, limited availability and stringent regulations have been some of the primary factors challenging market growth. Engineering plastics accounted for over 15% of the global volume share in 2014. Rapid industrialization coupled with tremendous growth in the automotive sector, particularly in Asia Pacific, is expected to have a positive impact on the industry over the forecast period. Innovation in the field of electronics along with increasing consumption of smart phones, tablets, laptops and TVs has resulted in driving demand for engineering plastics, subsequently augmenting market growth. Asia Pacific caprolactam market was estimated at over 2,940.0 kilo tons in 2014. Encouragement of 100% Foreign Direct Investment by the Indian government for domestic automobile industry growth is expected to augment manufacturing Follow Us:

  3. sector. This is expected to fuel nylon 6 resins demand which in turn will have a positive impact on the caprolactam industry over the next seven years. The global industry is fragmented in nature, on account of presence of numerous companies globally. These include Sumitomo Chemicals, Honeywell, BASF, Toray, DSM, Alpek, Ube, Sinopec and Lanxess. In May 2015, Sumitomo Chemicals increased contract caprolactam price by USD 70 per metric ton to USD 1,880 per metric ton. In May 2015, BASF SE increased caprolactam prices by USD 0.05 per pound in North America. Read our blog on global Caprolactam Market: http://www.grandviewresearch.com/blogs/bulk-chemicals Table of content of global Caprolactam Market research report: Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Caprolactam - Industry Summary and Key Buying Criteria, 2012 - 2022 Chapter 3. Caprolactam Industry Outlook 3.1. Caprolactam market segmentation 3.2. Caprolactam market size and growth prospects, 2012 - 2022 3.3. Caprolactam market - Value chain analysis 3.3.1. Vendor landscape 3.4. Raw material outlook 3.5. Technology overview 3.6. Regulatory framework Follow Us:

  4. 3.7. Caprolactam market dynamics 3.7.1. Market driver analysis 3.7.1.1. Positive automotive industry outlook in Asia Pacific 3.7.1.2. Textiles & fibers industry growth 3.7.1.3. Increasing demand for electrical & electronics 3.7.2. Market restraint analysis 3.7.2.1. Volatile raw material prices 3.8. Key market opportunities - Prioritized 3.9. Industry analysis - Porter's 3.10. Caprolactam competitive landscape, 2014 3.11. Caprolactam market PESTEL analysis Chapter 4. Caprolactam Application Outlook 4.1. Global caprolactam market share by application, 2014 & 2022 4.2. Nylon 6 fibers 4.2.1. Market estimates and forecast, 2012 - 2022 4.2.2. Market estimates and forecast, by region, 2012 - 2022 4.3. Nylon 6 resins 4.3.1. Market estimates and forecast, 2012 - 2022 4.3.2. Market estimates and forecast, by region, 2012 - 2022 Chapter 5. Caprolactam End-Use Outlook 5.1. Global caprolactam market share by end-use, 2014 & 2022 5.2. Textile yarn 5.2.1. Market estimates and forecast, 2012 - 2022 5.2.2. Market estimates and forecast, by region, 2012 - 2022 5.3. Industrial yarn 5.3.1. Market estimates and forecast, 2012 - 2022 5.3.2. Market estimates and forecast, by region, 2012 - 2022 Follow Us:

  5. 5.4. Engineering plastics 5.4.1. Market estimates and forecast, 2012 - 2022 5.4.2. Market estimates and forecast, by region, 2012 - 2022 5.5. Carpet fibers & staple fibers 5.5.1. Market estimates and forecast, 2012 - 2022 5.5.2. Market estimates and forecast, by region, 2012 - 2022 Chapter 6. Caprolactam Regional Outlook 6.1. Global caprolactam market share by region, 2014 & 2022 6.2. North America 6.2.1. Market estimates and forecast, 2012 - 2022 6.2.2. Market estimates and forecast, by application, 2012 - 2022 6.2.3. Market estimates and forecast, by end-use, 2012 - 2022 6.2.4. U.S. 6.2.4.1. Market estimates and forecast, 2012 - 2022 6.2.4.2. Market estimates and forecast, by application, 2012 - 2022 6.2.4.3. Market estimates and forecast, by end-use, 2012 - 2022 6.3. Europe 6.3.1. Market estimates and forecast, 2012 - 2022 6.3.2. Market estimates and forecast, by application, 2012 - 2022 6.3.3. Market estimates and forecast, by end-use, 2012 - 2022 6.3.4. Germany 6.3.4.1. Market estimates and forecast, 2012 - 2022 6.3.4.2. Market estimates and forecast, by application, 2012 - 2022 6.3.4.3. Market estimates and forecast, by end-use, 2012 - 2022 6.3.5. UK 6.3.5.1. Market estimates and forecast, 2012 - 2022 6.3.5.2. Market estimates and forecast, by application, 2012 - 2022 Follow Us:

  6. 6.3.5.3. Market estimates and forecast, by end-use, 2012 - 2022 6.4. Asia Pacific 6.4.1. Market estimates and forecast, 2012 - 2022 6.4.2. Market estimates and forecast, by application, 2012 - 2022 6.4.3. Market estimates and forecast, by end-use, 2012 - 2022 6.4.4. China 6.4.4.1. Market estimates and forecast, 2012 - 2022 6.4.4.2. Market estimates and forecast, by application, 2012 - 2022 6.4.4.3. Market estimates and forecast, by end-use, 2012 - 2022 6.4.5. India 6.4.5.1. Market estimates and forecast, 2012 - 2022 6.4.5.2. Market estimates and forecast, by application, 2012 - 2022 6.4.5.3. Market estimates and forecast, by end-use, 2012 - 2022 6.5. Latin America 6.5.1. Market estimates and forecast, 2012 - 2022 6.5.2. Market estimates and forecast, by application, 2012 - 2022 6.5.3. Market estimates and forecast, by end-use, 2012 - 2022 6.5.4. Brazil 6.5.4.1. Market estimates and forecast, 2012 - 2022 6.5.4.2. Market estimates and forecast, by application, 2012 - 2022 6.5.4.3. Market estimates and forecast, by end-use, 2012 - 2022 6.6. MEA 6.6.1. Market estimates and forecast, 2012 - 2022 6.6.2. Market estimates and forecast, by application, 2012 - 2022 6.6.3. Market estimates and forecast, by end-use, 2012 - 2022 Chapter 7 Companies analyzed 7.1. Sumitomo Chemical Follow Us:

  7. 7.1.1 Company Overview 7.1.2 Financial Performance 7.1.3 Product Benchmarking 7.1.4 Strategic Initiatives 7.2. Ube Industries Ltd. 7.2.1 Company Overview 7.2.2 Financial Performance 7.2.3 Product Benchmarking 7.2.4 Strategic Initiatives 7.3. Royal DSM 7.3.1 Company Overview 7.3.2 Financial Performance 7.3.3 Product Benchmarking 7.3.4 Strategic Initiatives 7.4. Capro Corporation 7.4.1 Company Overview 7.4.2 Financial Performance 7.4.3 Product Benchmarking 7.4.4 Strategic Initiatives 7.5. China Petrochemical Development Corporation 7.5.1 Company Overview 7.5.2 Financial Performance 7.5.3 Product Benchmarking 7.5.4 Strategic Initiatives 7.6. Lanxess 7.6.1 Company Overview 7.6.2 Financial Performance Follow Us:

  8. 7.6.3 Product Benchmarking 7.6.4 Strategic Initiatives 7.7. Toray Industries, Inc. 7.7.1 Company Overview 7.7.2 Financial Performance 7.7.3 Product Benchmarking 7.7.4 Strategic Initiatives 7.8. Honeywell International Inc. 7.8.1 Company Overview 7.8.2 Financial Performance 7.8.3 Product Benchmarking 7.8.4 Strategic Initiatives 7.9. BASF SE 7.9.1 Company Overview 7.9.2 Financial Performance 7.9.3 Product Benchmarking 7.9.4 Strategic Initiatives 7.10. JSC KuibyshevAzot 7.10.1 Company Overview 7.10.2 Financial Performance 7.10.3 Product Benchmarking 7.10.4 Strategic Initiatives 7.11. Alpek 7.11.1 Company Overview 7.11.2 Financial Performance 7.11.3 Product Benchmarking 7.11.4 Strategic Initiatives Follow Us:

  9. 7.12. Grupa Azoty 7.12.1 Company Overview 7.12.2 Financial Performance 7.12.3 Product Benchmarking 7.12.4 Strategic Initiatives 7.13. Aquafil Engineering 7.13.1 Company Overview 7.13.2 Financial Performance 7.13.3 Product Benchmarking 7.13.4 Strategic Initiatives 7.14. Spolana a. s. 7.14.1 Company Overview 7.14.2 Financial Performance 7.14.3 Product Benchmarking 7.14.4 Strategic Initiatives 7.15. Genomatica 7.15.1 Company Overview 7.15.2 Financial Performance 7.15.3 Product Benchmarking 7.15.4 Strategic Initiatives 7.16. Sinopec 7.16.1 Company Overview 7.16.2 Financial Performance 7.16.3 Product Benchmarking 7.16.4 Strategic Initiatives 7.17. Toray Chemical 7.17.1 Company Overview Follow Us:

  10. 7.17.2 Financial Performance 7.17.3 Product Benchmarking 7.17.4 Strategic Initiatives About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com Web –http://www.grandviewresearch.com/ Follow Us:

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