The report on the Global Caprolactam Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Caprolactam is a water soluble, white compound that is used in the production of nylon. It is used to produce nylon 6 fibres and nylon 6 resins. Nylon 6 resins are used in the production of engineering plastics as they have properties such as stiffness and strength. They are increasingly replacing metal in automotive applications. Nylon 6 textile fibres are used to dye fabrics as they provide stretchability, strength and lightweight. They are used in making apparel, swimwear, sportswear, casual and fashion wear and hosiery.
The global caprolactam market is segmented by material types, applications and end-user. Material types include engineering plastics and fibers. Applications segment cover nylon 6 fibers and nylon 6 resins. End-use segment comprise textile yarn, industrial yarn, engineering plastics and carpet fibers & staple fibers.
The high demand across the industries, such as packaging, consumer goods & appliances, electrical & electronics and automotive will increase the overall consumption of caprolactam. Research and Development is an important part of this market. The manufacturing companies and end-product manufacturers have invested for future advancements and technology advancements of caprolactam. This will help to replace metals in engineering plastics and match the new demands coming from various end-user industries. Technological innovations are designed so as to improve manufacturing process of the product in order to minimize release of ammonium sulfate as a by-product. The major constraints challenging market growth are limited availability of raw materials, volatile raw material prices and stringent environmental regulations governing the production of the caprolactam.
Asia Pacific is the largest consumer of caprolactam followed by North America and Europe. Asia Pacific is expected to grow significantly during the forecast period due to presence of developing nations which are major consumers of electronics, automobiles and consumer goods.
The major players covered in the global caprolactam market are:
- BASF SE
- Honeywell International
- Lanxess
- Royal DSM N.V.
- Sinopec
- Sumitomo Chemicals
- UBE Industries
SEGMENTATIONS IN REPORT:
Caprolactam By Material Type:
- Engineering Plastics
- Fibers
Caprolactam By Application:
- Nylon 6 Fibers
- Nylon 6 Resins
Caprolactam By End-Use:
- Textile Yarn
- Industrial Yarn
- Engineering Plastics
- Carpet Fibers & Staple Fibers
Caprolactam By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Caprolactam Market has been exhibited in detail in the following chapters -
Chapter 1 Caprolactam Market Preface
Chapter 2 Executive Summary
Chapter 3 Caprolactam Industry Analysis
Chapter 4 Caprolactam Market Value Chain Analysis
Chapter 5 Caprolactam Market Analysis By Material Type
Chapter 6 Caprolactam Market Analysis By Application
Chapter 7 Caprolactam Market Analysis By End-Use
Chapter 8 Caprolactam Market Analysis By Geography
Chapter 9 Competitive Landscape Of Caprolactam Companies
Chapter 10 Company Profiles Of Caprolactam Industry