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Caprolactam Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Caprolactam Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • June 2020
  • 114 pages
  • ID: 5917257
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global caprolactam market is currently witnessing a healthy growth.

Caprolactam (C6H11NO) is a colorless organic compound that is widely used as a synthetic polymer for the manufacturing of nylon. It is synthesized by combining cyclohexane, phenol and toluene and is commonly used for the manufacturing of high-performance nylon textile, carpet, industrial yarns, engineering resins and films. It is also used for manufacturing brush bristles, film coatings, synthetic leather, plastics, plasticizers and lysine. Caprolactam exhibits high strength, elasticity and resistance to chemicals, oils and abrasion. It can also be combined with elastane fibers to add stretch-fit properties to the nylon, which is used for manufacturing casualwear and fashion apparel, swimwear, sportswear and hosiery.

Significant growth in the automotive and textile industries is one of the key factors driving the growth of the market. Owing to the growing demand for lightweight automobiles, heavy metal components are rapidly being replaced by lightweight caprolactam components to manufacture airbags, doors, windows, tire cords, gear and under the hood components. In addition to this, rapid industrialization across the globe is also providing a boost to the market growth. Caprolactam is widely used for manufacturing fishing nets, tarpaulins and packaging material with high mechanical, optical and low-permeable properties. Various product innovations, including the development of bio-based caprolactam and product variants with minimal traces of toxic ammonium sulfate, are further creating a positive outlook for the market growth. Other factors, including extensive research and development (R&D) activities to enhance the cost-effectiveness of the product, along with rapid industrialization and rising expenditure capacities of the consumers, are projected to drive the market in the coming years. Looking forward, the analyst expects the market to exhibit a CAGR of around 4% during 2020-2025.

Breakup by Source:
Cyclohexane
Phenol
Toluene
Others

Breakup by End-Product:
Nylon 6 Fibers
Nylon 6 Resins
Others

Breakup by Application:
Industrial Yarns
Engineering Resins and Films
Textiles and Carpets
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Imports and Exports:
Import Trends
Export Trends

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Advansix Inc., Alpek S.A.B. de CV, BASF SE, Capro Corporation, China Petrochemical Development Corporation, China Petroleum and Chemical Corporation (Sinopec), DOMO Caproleuna GmbH, Gujarat State Fertilizers and Chemicals, Koninklijke DSM N.V., Lanxess AG, Sumitomo Chemical Co. Ltd., Toray Industries Inc., UBE Industries Ltd., etc.

Key Questions Answered in This Report:
How has the global caprolactam market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the source?
What is the breakup of the market based on the end-product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global caprolactam market and who are the key players?
What is the degree of competition in the industry?

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