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Caprolactam is a major raw material for the production of nylon 6 engineering resins and nylon 6 fibers. This market is primarily driven by end- use industries such as automobiles, textiles, electrical and electronics, engineering plastics, specialty film packaging, wire and cabling and others.
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Caprolactam Market Market Set to Exceed $28.2 Billion by 2026 | CAGR 4.7%
Caprolactam Market Size to Reach $28.2 Billion by 2026 “Caprolactam Market Share, Size, Trends, Industry Analysis Report, By End-Product (Nylon 6 Resins, Nylon 6 Fibers, and Others); By Application (Industrial Yarns, Engineering Resins & Films, Textiles & Carpets, and Others); By End-Use (Textile, Carpet, Automotive, and Others), By Regions, Segments & Forecast, 2019 – 2026” The global caprolactam market size is anticipated to reach USD 28.2 billion by 2026 according to a new research published by Polaris Market Research. Caprolactam is a major raw material for the production of nylon 6 engineering resins and nylon 6 fibers. This market is primarily driven by end- use industries such as automobiles, textiles, electrical and electronics, engineering plastics, specialty film packaging, wire and cabling and others. A rising demand for plastics in the construction, automotive and electrical and electronics sectors is expected to be key enabler to growth over forecast period. Key properties including high strength, elasticity, abrasion resistance and low moisture retaining capacity is expected to boost demand. The soaring textile industry, particularly in Asia Pacific in line with growing automobile sector is expected to project demand over the forecast period. Automobile industry is the industry of choice in demand for Caprolactam. Automobile industry makes use of Caprolactam in engine covers, tire cord manufacture, and gears and bearings due to their attractive properties. Browse Detailed Research Report On Caprolactam Market: https://www.polarismarketresearch.com/industry-analysis/caprolactam-market The growth in Caprolactam has made an impact due to rapidly growing sportswear, fashion clothing, protective clothing and others. Nylon 6 fibers are used in manufacturing textile products and industrial yarn. Nylon 6 fibers are derived from Caprolactam. An expanding populace coupled with growing personal incomes of consumers has seen textile and automobile industry witness extraordinary growth. Electric vehicles having entered the market has soared consumer expectations. The strong economic indices of many middle-income countries in the world have rapidly driven demand for high product among consumers. The product is made from ammonia, cyclohexane and phenol. As these materials are petro chemically derived, the product might be subject to price volatility. The raw materials are mainly located in China and the U.S. The countries drive growth in Caprolactam market because of increasing presence of oil refineries in the countries. The year 2016 saw major price fluctuations due to pricing of raw material benzene and derivatives and restricted supply. - 2 -
Caprolactam Market Size to Reach $28.2 Billion by 2026 Caprolactam includes two major end-use products, nylon 6 fibers and nylon 6 resins. Nylon 6 fiber is used preferentially in carpets, industrial yarns and textile industries and Nylon 6 resins finds its way in specialty films packaging, engineering plastics, wires and cables and automotive industries. The location of manufacturers across the value chain is justified with product demand coming from presence of Nylon 6 fibers and resins in various end-use applications. A dominant share of Caprolactam manufactured is used in manufacture of nylon 6. Technical innovations improve the market by reducing presence of ammonium sulphate which is an environment hazard. This results in positive demand for the product. The global cparolactum market comprises major international and domestic market players. Some of the key companies include BASF SE, China National Petrochemical Corp., DOMO Caproleuna GmbH, Honeywell Chemical Industries, China Petroleum and Chemical Corp, Royal DSM NV and IRPC Public Company Ltd. Request for sample:https://www.polarismarketresearch.com/industry-analysis/caprolactam- market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources - 3 -
Caprolactam Market Size to Reach $28.2 Billion by 2026 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Caprolactam Market Insights 3.1. Caprolactam industry snapshot 3.2. Caprolactam value chain & distribution analysis 3.3. Caprolactam production trends and further capacity expansion analysis 3.4. Caprolactam market dynamics 3.4.1. Caprolactam Market driver analysis 3.4.2. Caprolactam Market restraint/challenges analysis 3.4.3. Caprolactam Market opportunity analysis 3.5. Industry analysis - Porter's five force 3.6. Caprolactam market PEST analysis, 2017 3.7. Caprolactam industry trends 3.8. Competitive company ranking analysis 4. Caprolactam Market Size and Forecast, By End-Product 4.1. Key Findings 4.2. Nylon 6 Resins 4.3. Nylon 6 Fibers 4.4. Others 5. Caprolactam Market Size and Forecast, By Application 5.1. Key Findings 5.2. Industrial Yarns 5.3. Engineering Resins & Films 5.4. Textiles & Carpets 5.5. Others 6. Caprolactam Market Size and Forecast, By End-Use 6.1. Key Findings 6.2. Textile 6.3. Engineering Resins & Films 6.4. Carpets 6.5. Automotive 6.6. Others 7. Caprolactam Market Size and Forecast by Regions 7.1. Key findings 7.2. North America 7.2.1. U.S. 7.2.2. Canada 7.3. Europe 7.3.1. Germany 7.3.2. UK 7.3.3. France 7.4. Asia Pacific 7.4.1. China 7.4.2. India 7.4.3. Japan 7.5. Latin America 7.5.1. Brazil 7.5.2. Mexico - 4 -
Caprolactam Market Size to Reach $28.2 Billion by 2026 7.6. Middle East & Africa 8. Company Profiles 8.1. JSC KuibyshevAzot 8.1.1. Overview 8.1.2. Financials 8.1.3. Product Benchmarking 8.1.4. Recent Developments 8.2. Alpek 8.2.1. Overview 8.2.2. Financials 8.2.3. Product Benchmarking 8.2.4. Recent Developments 8.3. Honeywell International Inc. 8.3.1. Overview 8.3.2. Financials 8.3.3. Product Benchmarking 8.3.4. Recent Developments 8.4. BASF SE 8.4.1. Overview 8.4.2. Financials 8.4.3. Product Benchmarking 8.4.4. Recent Developments 8.5. Lanxess 8.5.1. Overview 8.5.2. Financials 8.5.3. Product Benchmarking 8.5.4. Recent Developments 8.6. Toray Industries, Inc. 8.6.1. Overview 8.6.2. Financials 8.6.3. Product Benchmarking 8.6.4. Recent Developments 8.7. China Petrochemical Development Corporation 8.7.1. Overview 8.7.2. Financials 8.7.3. Product Benchmarking 8.7.4. Recent Developments 8.8. Capro Corporation 8.8.1. Overview 8.8.2. Financials 8.8.3. Product Benchmarking 8.8.4. Recent Developments 8.9. Royal DSM 8.9.1. Overview 8.9.2. Financials 8.9.3. Product Benchmarking 8.9.4. Recent Developments 8.10. Sumitomo Chemical 8.10.1. Overview 8.10.2. Financials 8.10.3. Product Benchmarking 8.10.4. Recent Developments - 5 -
Caprolactam Market Size to Reach $28.2 Billion by 2026 Access Press Release on Caprolactam Market: https://www.polarismarketresearch.com/press-releases/caprolactam-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 6 -