Caprolactam Market was valued US$14.7 billion in 2018 with a CAGR of 5.12%
during 2019-2025. Owing to
its properties like impact, high temperature, and abrasion resistance,
excellent balance of strength and resistance to bases is extensively replacing
metal-based applications. Caprolactam is a cyclic amide or lactam of caproic
acid which is colorless organic compound and widely used as a synthetic
polymer. Caprolactam manufactured from three different sources, include
cyclohexane, phenol, and toluene. The nylon made from caprolactam is a
disposable income of consumers and advancement of technologies to manufacture
lightweight vehicle with better mileage will upsurge the demand of nylon 6.
Aforementioned will lead to the massive growth of caprolactam market in coming
demand for plastics in the construction, automotive, and electrical &
electronics sectors is projected to be a key driver for the industry during the
forecast period. Caprolactam is a compound that is progressively replacing
metals in automotive applications like air intake. The market mainly compelled
by demand generated from nylon-6 production as almost all of the compounds
produced used in the manufacturing of nylon-6. More than 60% of caprolactam is
consumed in the production of nylon fibers in the textile industry, for carpet
and industrial yarns and also utilized in engineering resins and films across
the globe. The major factors boosting the caprolactam market include the
requirement for lightweight vehicles, the growth of films and coatings
applications, and the growth of developing economies.
Market: Application Insights
on application, the global caprolactam market segmented into Nylon 6 Fibers,
Nylon 6 Resins, and Films. Owing to the features like easy to dye, offer deep
and bright shades, provide high strength, and are lightweight Nylon 6 fibers
hold the most significant and fastest-growing application of caprolactam
market. Caprolactam extensively utilized in polyamide 6 for manufacturing
washable domestic textiles. Polyamide 6 fabrics are smooth and dimensionally
stable and have properties like high elasticity and resistance to mildew and
moths. Nylon 6 fibers used in numerous applications such as toothbrush,
raincoats, sport wears, bed sheets, curtains, ropes, racket strings, threads,
and sleeping bags. This is projected to boost growth over the forecast years.
Market: End use Analysis
on the end use, the caprolactam market bifurcated into Textile Yarn, Industrial
Yarn, Engineering Plastics, and Carpet fibers & staple fiber. Among them,
Textile Yarn holds the largest market share of the entire caprolactam market.
Textile yarn is widely utilized in various applications such as apparel and
house furnishing. Rising demand for textile yarn coupled with the use of nylon
6 fibers in bedspreads, upholstery, curtains, and carpets is anticipated to
have a positive impact on the industry over the next few years. Growing nylon
fabrics demand owing to properties like high tensile strength, elasticity,
scrub resistance, and heat resistance is projected to have a positive impact on
Market: Raw Material Analysis
raw material segment of the global caprolactam market categorized into
Cyclohexane, Phenol, and Toluene. Among all, cyclohexane is the most lucrative
raw material segment owing to its easy availability and low cost. It is
utilized for the manufacture of adipic acid and hexamethylene diamine used for
the manufacture of Nylon 66 and caprolactam used for the manufacture of Nylon
Market: Regional Insights
caprolactam market analyzed across North America, Europe, Asia Pacific, Middle
East & Africa, and Latin America. In 2018, Asia Pacific dominates the
entire caprolactam industry due to the accessibility of low-cost raw materials
and labor, coupled with rising spending power, is a significant driver for the
regional polyamide market. Rapid industrialization leading to the establishment
of various automotive and appliance manufacturing plants, especially in India
and China, and owing to the rise in disposable incomes are expected to boost
product demand further. North America and Europe, is projected to have a
positive impact on the industry over the next five years.
of the Study:
To analyze and forecast
market size of the global caprolactam market in terms of value and volume
To examine the careful
market segmentation and forecast the market size, in terms value, on the basis
of region by segmenting caprolactam market into five regions, namely, North
America, Europe, Asia Pacific, Middle East & Africa, Latin America and
their leading countries.
To outline, categorized and
forecast the global caprolactam market on the basis of application, end-use,
and raw material.
To examine competitive
developments like technological advancement, services, and regulative framework
within the global caprolactam Market.
To highlight the impact
analysis of the factors, affecting the market dynamics such as drivers,
restraints, opportunities, and challenges.
To strategically profile the
key players and comprehensively analyze their market shares along with
detailing the competitive landscape for market leaders.
Caprolactam Market: Competitive Landscape
Companies such as AdvanSix Inc., Alpek S.A.B. de C.V.,
The Aquafil Group, BASF SE, Capro Co., China Petrochemical Development
Corporation, Domo Chemicals, Grupa Azoty, Gujarat State Fertilizers &
Chemicals Limited, Highsun Group, KuibyshevAzot PJSC, Lanxess AG, Luxi Chemical
Group Co., Ltd., China Petroleum & Chemical Corporation (Sinopec), Spolana,
Sumitomo Chemical Co., Ltd., Toray Industries, Inc., Ube Industries, Ltd., and
Zhejiang Hengyi Group Co., Ltd. are the leading players of caprolactam market
across the globe.
Market research and consulting firms
Research organizations and consulting
Organizations, associations and alliances
related to caprolactam market
of the Report
Nylon 6 Fibers
Nylon 6 Resins
Carpet fibers & staple fiber
addition, the report provides analysis of the caprolactam market with respect
to the following geographic segments and their high performing regions:
Rest of Europe
Rest of APAC
Rest of Latin America
Rest of MEA
Questions answer by the report
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of
value and volume and market statistics with detailed classification
Which segment dominates the market or
region and one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key
player and their impact on other players.
Scope for the Client
Client satisfaction is our first and last priority. And
that’s why BlueWeave Consulting offers customization according to Company’s
specific needs. The following customization options are available for the
With five additional company detail
Additional country analysis.
Detailed segment analysis.